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TURA LONDON LIMITED

Registered Number
12127873
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2024

TURA LONDON LIMITED
Company Information
for the year from 1 July 2023 to 30 June 2024

Director

TURA, Dennis Mahmut Che

Registered Address

Office 324 Olympic 28-42 Clements Road
Ilford
IG1 1BA

Registered Number

12127873 (England and Wales)
TURA LONDON LIMITED
Balance Sheet as at
30 June 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets310,72611,976
10,72611,976
Current assets
Stocks416,50015,000
Debtors44,69286,719
Cash at bank and on hand27,238459
88,430102,178
Creditors amounts falling due within one year5(137,650)(82,281)
Net current assets (liabilities)(49,220)19,897
Total assets less current liabilities(38,494)31,873
Creditors amounts falling due after one year6(25,259)(29,661)
Net assets(63,753)2,212
Capital and reserves
Called up share capital11
Profit and loss account(63,754)2,211
Shareholders' funds(63,753)2,212
The financial statements were approved and authorised for issue by the Director on 19 June 2025, and are signed on its behalf by:
TURA, Dennis Mahmut Che
Director
Registered Company No. 12127873
TURA LONDON LIMITED
Notes to the Financial Statements
for the year ended 30 June 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery20
Fixtures and fittings20
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year77
3.Tangible fixed assets

Plant & machinery

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 July 2310,8348,3041,98521,123
Additions--1,4321,432
At 30 June 2410,8348,3043,41722,555
Depreciation and impairment
At 01 July 234,3963,9448079,147
Charge for year1,2888725222,682
At 30 June 245,6844,8161,32911,829
Net book value
At 30 June 245,1503,4882,08810,726
At 30 June 236,4384,3601,17811,976
4.Stocks

2024

2023

££
Finished goods16,50015,000
Total16,50015,000
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables56,01825,956
Taxation and social security81,53555,477
Other creditors97848
Total137,65082,281
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts20,84229,661
Amounts owed to related parties4,417-
Total25,25929,661