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
Itarle (UK) Limited
Company Information
for the year ended 31 December 2024
Company Number
10142917 (England and Wales)
Registered Office
34 Lime Street
London
EC3M 7AT
England
Itarle (UK) Limited
Statement of financial position
as at 31 December 2024
Tangible assets
93,074
112,450
Cash at bank and in hand
10,602
14,928
Creditors: amounts falling due within one year
(94,712)
(180,597)
Net current assets/(liabilities)
34,104
(100,814)
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
Itarle (UK) Limited
Notes to the Accounts
for the year ended 31 December 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 31 December 2024
57,125
503
35,446
93,074
At 31 December 2023
75,179
702
36,569
112,450
Itarle (UK) Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Deferred tax asset
69,343
-
Accrued income and prepayments
9,635
22,504
Other debtors
25,085
26,014
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
7
Deferred taxation
2024
2023
Accelerated capital allowances
17,684
-
Tax losses carried forward
(87,027)
-
Credited to the profit and loss account
(69,343)
-
Provision at end of year
(69,343)
-
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).