IRIS Accounts Production v25.1.3.33 12178079 Board of Directors Board of Directors 1.9.23 31.8.24 31.8.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh121780792023-08-31121780792024-08-31121780792023-09-012024-08-31121780792022-08-31121780792022-09-012023-08-31121780792023-08-3112178079ns15:EnglandWales2023-09-012024-08-3112178079ns14:PoundSterling2023-09-012024-08-3112178079ns10:Director12023-09-012024-08-3112178079ns10:Director22023-09-012024-08-3112178079ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3112178079ns10:SmallEntities2023-09-012024-08-3112178079ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3112178079ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3112178079ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3112178079ns10:FullAccounts2023-09-012024-08-311217807912023-09-012024-08-3112178079ns10:RegisteredOffice2023-09-012024-08-3112178079ns5:CurrentFinancialInstruments2024-08-3112178079ns5:CurrentFinancialInstruments2023-08-3112178079ns5:ShareCapital2024-08-3112178079ns5:ShareCapital2023-08-3112178079ns5:FurtherSpecificReserve1ComponentTotalEquity2024-08-3112178079ns5:FurtherSpecificReserve1ComponentTotalEquity2023-08-3112178079ns5:RetainedEarningsAccumulatedLosses2024-08-3112178079ns5:RetainedEarningsAccumulatedLosses2023-08-3112178079ns5:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3112178079ns5:PlantMachinery2023-09-012024-08-3112178079ns5:IntangibleAssetsOtherThanGoodwill2023-08-3112178079ns5:IntangibleAssetsOtherThanGoodwill2024-08-3112178079ns5:IntangibleAssetsOtherThanGoodwill2023-08-3112178079ns5:PlantMachinery2023-08-3112178079ns5:PlantMachinery2024-08-3112178079ns5:PlantMachinery2023-08-31
REGISTERED NUMBER: 12178079 (England and Wales)















TIHU KU LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024






TIHU KU LTD (REGISTERED NUMBER: 12178079)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


TIHU KU LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: T Lewis
Ms H Evans





REGISTERED OFFICE: 45 High Street
Haverfordwest
Pembrokeshire
SA61 2BP





REGISTERED NUMBER: 12178079 (England and Wales)





ACCOUNTANTS: Bevan Buckland LLP
Chartered Accountants
45 High Street
Haverfordwest
Pembrokeshire
SA61 2BP

TIHU KU LTD (REGISTERED NUMBER: 12178079)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 228,982 185,208
Tangible assets 5 140 210
229,122 185,418

CURRENT ASSETS
Cash at bank 31 33

CREDITORS
Amounts falling due within one year 6 43,988 41,313
NET CURRENT LIABILITIES (43,957 ) (41,280 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

185,165

144,138

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve - (336 )
Retained earnings 184,165 143,474
SHAREHOLDERS' FUNDS 185,165 144,138

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

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

The directors acknowledge their 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.

TIHU KU LTD (REGISTERED NUMBER: 12178079)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 2024



The financial statements were approved by the Board of Directors and authorised for issue on 17 May 2025 and were signed on its behalf by:




T Lewis - Director



Ms H Evans - Director


TIHU KU LTD (REGISTERED NUMBER: 12178079)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Tihu Ku 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 as modified by the revaluation of certain assets.

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

Intangible assets
The measurement basis for cryptocurrency is at cost (being the value of money initially exchanged for the cryptocurrency), with amortisation and impairment being applied.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% straight line

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2023 - 2 ) .

TIHU KU LTD (REGISTERED NUMBER: 12178079)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST OR VALUATION
At 1 September 2023 185,208
Additions 51,157
Disposals (7,636 )
Revaluations 253
At 31 August 2024 228,982
NET BOOK VALUE
At 31 August 2024 228,982
At 31 August 2023 185,208

Cost or valuation at 31 August 2024 is represented by:

Other
intangible
assets
£   
Valuation in 2023 185,208
Valuation in 2024 43,774
228,982

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023
and 31 August 2024 280
DEPRECIATION
At 1 September 2023 70
Charge for year 70
At 31 August 2024 140
NET BOOK VALUE
At 31 August 2024 140
At 31 August 2023 210

TIHU KU LTD (REGISTERED NUMBER: 12178079)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 9,273 8,498
Other creditors 34,715 32,815
43,988 41,313

7. RELATED PARTY DISCLOSURES

During the year the directors made funds available to the company to assist with the provision of working capital. The loan was interest free, unsecured and repayable on demand. The amount outstanding at the balance sheet date was £33,350 (2023 £31,726).