Registered number
13535882
Torus Holdings Inc LTD
Filleted Abridged Accounts
31 July 2024
Torus Holdings Inc LTD
Registered number: 13535882
Abridged Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 928,083 329,858
Creditors: amounts falling due within one year (583,492) (83,762)
Net current assets 344,591 246,096
Net assets 344,591 246,096
Capital and reserves
Called up share capital 100 100
Profit and loss account 344,491 245,996
Shareholders' funds 344,591 246,096
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.
Robert James Ludlam
Director
Approved by the board on 16 April 2025
Torus Holdings Inc LTD
Notes to the Abridged Accounts
for the year ended 31 July 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Other information
Torus Holdings Inc LTD is a private company limited by shares and incorporated in England. Its registered office is:
70 Bounces Road
Edmonton
London
N9 8JS
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