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Company Registration No. 11343947 (England and Wales)
TRUULI LIMITED Unaudited accounts for the year ended 31 May 2024
TRUULI LIMITED Unaudited accounts Contents
Page
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TRUULI LIMITED Company Information for the year ended 31 May 2024
Directors
Michael Elliott Fyffe Cyril Osei-Gyamfi Leigh Thomas
Company Number
11343947 (England and Wales)
Registered Office
Southbridge House Southbridge Place Croydon CR0 4HA
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TRUULI LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,794 
4,532 
Current assets
Debtors
60,617 
44,277 
Cash at bank and in hand
62,622 
154,529 
123,239 
198,806 
Creditors: amounts falling due within one year
(85,364)
(90,621)
Net current assets
37,875 
108,185 
Total assets less current liabilities
41,669 
112,717 
Creditors: amounts falling due after more than one year
(23,562)
(33,574)
Net assets
18,107 
79,143 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
18,007 
79,043 
Shareholders' funds
18,107 
79,143 
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by
Cyril Osei-Gyamfi Director Company Registration No. 11343947
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TRUULI LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
TRUULI LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11343947. The registered office is Southbridge House, Southbridge Place, Croydon, CR0 4HA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Reducing basis @ 20%
Computer equipment
Reducing basis @ 20%
Research and development
Expenditure on research and development is written off in the year in which it is incurred or claimed for tax purposes.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2023
8,932 
Additions
210 
At 31 May 2024
9,142 
Depreciation
At 1 June 2023
4,400 
Charge for the year
948 
At 31 May 2024
5,348 
Net book value
At 31 May 2024
3,794 
At 31 May 2023
4,532 
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TRUULI LIMITED Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
58,809 
42,542 
Accrued income and prepayments
1,808 
1,735 
60,617 
44,277 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
18,485 
20,507 
Trade creditors
30,994 
31,683 
Taxes and social security
17,831 
20,155 
Accruals
18,054 
18,276 
85,364 
90,621 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
23,562 
33,574 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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