Company Registration No. 10462980 (England and Wales)
Turbot HQ Limited
Unaudited accounts
for the year ended 31 December 2024
Turbot HQ Limited
Unaudited accounts
Contents
Turbot HQ Limited
Company Information
for the year ended 31 December 2024
Company Number
10462980 (England and Wales)
Registered Office
2759 Davenport House
261 Bolton Road
Bury
Gtr Manchester
BL8 2NZ
England
Accountants
The Accountancy Cloud
1 Fore Street Avenue
London
EC2Y 9DT
Turbot HQ Limited
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
160,223
214,373
Creditors: amounts falling due within one year
(20,459)
(20,172)
Net current assets
132,599
186,499
Net assets
133,059
187,511
Called up share capital
100
100
Profit and loss account
132,959
187,411
Shareholders' funds
133,059
187,511
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 24 September 2025 and were signed on its behalf by
Nathan Wallace
Director
Company Registration No. 10462980
Turbot HQ Limited
Notes to the Accounts
for the year ended 31 December 2024
Turbot HQ Limited is a private company, limited by shares, registered in England and Wales, registration number 10462980. The registered office is 2759 Davenport House, 261 Bolton Road, Bury, Gtr Manchester, BL8 2NZ, 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.
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.
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:
Computer equipment
4 years
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 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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Turbot HQ Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
(7,165)
(7,702)
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Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
-
2,723
Taxes and social security
20,459
17,449
The ultimate controlling party is Turbot HQ Inc, a company based in the United States of America, by virtue of owning 100% of the share capital.
Within trade debtors, Turbot HQ Ltd owed to Turbot HQ Inc £7,164 (2023: £7,702).
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Average number of employees
During the year the average number of employees was 3 (2023: 3).