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Company Registration No. 12843922 (England and Wales)
TIYAL LTD Unaudited accounts for the year ended 31 August 2024
TIYAL LTD Unaudited accounts Contents
Page
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TIYAL LTD Company Information for the year ended 31 August 2024
Directors
Kazim YOUNIS Mohammed YOUNIS Nazim YOUNIS
Company Number
12843922 (England and Wales)
Registered Office
21 HYDE PARK ROAD LEEDS LS6 1PY ENGLAND
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of TIYAL LTD for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of TIYAL LTD for the year ended 31 August 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
HLA Accountants Chartered Certified Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY 29 August 2025
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TIYAL LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
585,324 
586,231 
Current assets
Debtors
100 
100 
Cash at bank and in hand
113,463 
92,808 
113,563 
92,908 
Creditors: amounts falling due within one year
(649,492)
(643,278)
Net current liabilities
(535,929)
(550,370)
Net assets
49,395 
35,861 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
49,295 
35,761 
Shareholders' funds
49,395 
35,861 
For the year ending 31 August 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 29 August 2025 and were signed on its behalf by
Nazim YOUNIS Director Company Registration No. 12843922
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TIYAL LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
TIYAL LTD is a private company, limited by shares, registered in England and Wales, registration number 12843922. The registered office is 21 HYDE PARK ROAD, LEEDS, LS6 1PY, 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
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
10% diminishing balance method.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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TIYAL LTD Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
577,162 
12,485 
589,647 
At 31 August 2024
577,162 
12,485 
589,647 
Depreciation
At 1 September 2023
- 
3,416 
3,416 
Charge for the year
- 
907 
907 
At 31 August 2024
- 
4,323 
4,323 
Net book value
At 31 August 2024
577,162 
8,162 
585,324 
At 31 August 2023
577,162 
9,069 
586,231 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
100 
100 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
4,563 
5,671 
Loans from directors
643,459 
636,857 
Accruals
1,470 
750 
649,492 
643,278 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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