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REGISTERED NUMBER: 11377928 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

TURN BLOCK LTD

TURN BLOCK LTD (REGISTERED NUMBER: 11377928)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TURN BLOCK LTD

Company Information
for the Year Ended 31 May 2024







DIRECTOR: S Issa





REGISTERED OFFICE: Kemp House
160 City Road
London
EC1V 2NX





REGISTERED NUMBER: 11377928 (England and Wales)





ACCOUNTANTS: Gynch Shaw Maurice & Co
Chartered Certified Accountants
Rear of No 2
SPM House
Glenthorne Road
Friern Barnet
London
N11 3HT

TURN BLOCK LTD (REGISTERED NUMBER: 11377928)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 205 286

CURRENT ASSETS
Debtors 5 - 21,944
Cash at bank 284 5,585
284 27,529
CREDITORS
Amounts falling due within one year 6 6,394 27,378
NET CURRENT (LIABILITIES)/ASSETS (6,110 ) 151
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,905

)

437

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (5,906 ) 436
SHAREHOLDERS' FUNDS (5,905 ) 437

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 May 2025 and were signed by:



S Issa - Director


TURN BLOCK LTD (REGISTERED NUMBER: 11377928)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Turn Block Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer and Equipment- 50% reducing balance
Fixtures and Fittings- 20% reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

TURN BLOCK LTD (REGISTERED NUMBER: 11377928)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 1,799
DEPRECIATION
At 1 June 2023 1,513
Charge for year 81
At 31 May 2024 1,594
NET BOOK VALUE
At 31 May 2024 205
At 31 May 2023 286

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors - 21,944

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 924 -
Taxation and social security - 18,429
Other creditors 5,470 8,949
6,394 27,378

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is an amount of £1,432 (2022: £21,944 in other debtors) owed to the director, Sari Issa.

8. RELATED PARTY DISCLOSURES

No dividend was paid in the financial year to 31 May 2024 .The total dividend amount of £21,500 was paid in the year to 31 May 2023 to the director/shareholder of the company

9. ULTIMATE CONTROLLING PARTY

The controlling party is S Issa.