TTP INVESTMENTS LIMITED

Company Registration Number:
07290843 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

TTP INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

TTP INVESTMENTS LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 6,913 10,103
Investments: 4 96 96
Total fixed assets: 7,009 10,199
Current assets
Debtors:   3,233,416 2,713,337
Cash at bank and in hand: 4,890 4,376
Total current assets: 3,238,306 2,717,713
Creditors: amounts falling due within one year: 5 (4,210,987) (3,568,887)
Net current assets (liabilities): (972,681) (851,174)
Total assets less current liabilities: (965,672) (840,975)
Creditors: amounts falling due after more than one year: 6 (286,484) (254,382)
Total net assets (liabilities): (1,252,156) (1,095,357)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (1,252,256) (1,095,457)
Shareholders funds: (1,252,156) (1,095,357)

The notes form part of these financial statements

TTP INVESTMENTS LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 December 2025
and signed on behalf of the board by:

Name: Ralph Karam
Status: Director

The notes form part of these financial statements

TTP INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Revenue Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: - the amount of revenue can be measured reliably; - it is probable that the Company will receive the consideration due under the contract; - the stage of completion of the contract at the end of the reporting period can be measured reliably; and - the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible fixed assets Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis: Fixtures and fittings- Three years The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Valuation and information policy

Foreign currency translation Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Valuation of investments Investments in subsidiaries are measured at cost less accumulated impairment. Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period. Cash and cash equivalents Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Other accounting policies

Going concern The company has reported a loss for the period of £156,799 (2023: £275,728) and has net liabilities at the balance sheet date of £1,252,156 (2023: £1,095,357). The company is therefore dependent on the parent company for continuing support. The parent company has confirmed its ongoing support for the foreseeable future. Borrowing costs All borrowing costs are recognised in profit or loss in the year in which they are incurred. Debtors Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. Creditors Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

TTP INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

TTP INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 103,117
Disposals (15,683)
Revaluations (217)
At 31 December 2024 87,217
Depreciation
At 01 January 2024 93,014
Charge for year 2,973
On disposals (15,683)
At 31 December 2024 80,304
Net book value
At 31 December 2024 6,913
At 31 December 2023 10,103

TTP INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

At 1 January 2024 96 --- At 31 December 2024 96

TTP INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Total 2024: 4210987 --- Total 2023:3568887

TTP INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due after more than one year note

Total 2024: 286484 --- Total 2023: 254382

TTP INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Related party transactions

Name of the related party:
Relationship:
Director
Description of the Transaction: At the balance sheet date, the company owed the director £680.
£
Balance at 01 January 2024 680
Balance at 31 December 2024 680