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Company Registration No. 10142917 (England and Wales)
Itarle (UK) Limited Unaudited accounts for the year ended 31 December 2024
Itarle (UK) Limited Unaudited accounts Contents
Page
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Itarle (UK) Limited Company Information for the year ended 31 December 2024
Director
Mr Yaohui Yu
Secretary
Isabella Lynch
Company Number
10142917 (England and Wales)
Registered Office
34 Lime Street London EC3M 7AT England
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Itarle (UK) Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
93,074 
112,450 
Current assets
Debtors
118,214 
64,855 
Cash at bank and in hand
10,602 
14,928 
128,816 
79,783 
Creditors: amounts falling due within one year
(94,712)
(180,597)
Net current assets/(liabilities)
34,104 
(100,814)
Net assets
127,178 
11,636 
Capital and reserves
Called up share capital
1,000 
10,000 
Profit and loss account
126,178 
1,636 
Shareholders' funds
127,178 
11,636 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 21 August 2025 and were signed on its behalf by
Mr Yaohui Yu Director Company Registration No. 10142917
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Itarle (UK) Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Itarle (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 10142917. The registered office is 34 Lime Street, London, EC3M 7AT, England.
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
These financial statements for the year ended 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
20% Straight Line
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
90,268 
1,853 
117,340 
209,461 
Additions
- 
- 
15,634 
15,634 
At 31 December 2024
90,268 
1,853 
132,974 
225,095 
Depreciation
At 1 January 2024
15,089 
1,151 
80,771 
97,011 
Charge for the year
18,054 
199 
16,757 
35,010 
At 31 December 2024
33,143 
1,350 
97,528 
132,021 
Net book value
At 31 December 2024
57,125 
503 
35,446 
93,074 
At 31 December 2023
75,179 
702 
36,569 
112,450 
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Itarle (UK) Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
14,151 
16,337 
Deferred tax asset
69,343 
Accrued income and prepayments
9,635 
22,504 
Other debtors
25,085 
26,014 
118,214 
64,855 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
60,698 
46,575 
Taxes and social security
- 
9,435 
Other creditors
21,734 
583 
Accruals
12,280 
124,004 
94,712 
180,597 
7
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
17,684 
- 
Tax losses carried forward
(87,027)
- 
(69,343)
- 
2024 
2023 
£ 
£ 
Credited to the profit and loss account
(69,343)
- 
Provision at end of year
(69,343)
- 
8
Controlling party
The company is a subsidiary of Itarle International Ltd Registered in the Cayman Islands, and is managed and controlled from 100 Queens Road Central, Central, Hong Kong SAR, which is the ultimate controlling party. Dividends paid out during the year were 2024: Nil (2023: £158,433)
9
Post balance sheet events
During 2025 HMRC overturned a claim for R&D Tax Relief which was paid on demand within 2025 accounts.
10
Average number of employees
During the year the average number of employees was 9 (2023: 11).
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