Company Registration No. 16196023 (England and Wales)
Tura Advisory Ltd
Unaudited accounts
for the period from 20 January 2025 to 31 December 2025
Tura Advisory Ltd
Unaudited accounts
Contents
Tura Advisory Ltd
Company Information
for the period from 20 January 2025 to 31 December 2025
Directors
Michael Glock
Bruce Green
Stephen Mamelok
Company Number
16196023 (England and Wales)
Registered Office
29 Salisbury House
Finsbury Circus
London
EC2M 5SQ
United Kingdom
Tura Advisory Ltd
Statement of financial position
as at 31 December 2025
Cash at bank and in hand
73,516
Creditors: amounts falling due within one year
(315,490)
Net current liabilities
(218,870)
Called up share capital
(100)
Profit and loss account
(206,661)
Shareholders' funds
(206,761)
For the period ending 31 December 2025 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 27 February 2026 and were signed on its behalf by
Bruce Green
Director
Company Registration No. 16196023
Tura Advisory Ltd
Notes to the Accounts
for the period from 20 January 2025 to 31 December 2025
Tura Advisory Ltd is a private company, limited by shares, registered in England and Wales, registration number 16196023. The registered office is 29 Salisbury House, Finsbury Circus, London, EC2M 5SQ, United Kingdom.
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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 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.
Turnover represents the fair value of the consideration receivable for services provided in the ordinary course of business, net of value added tax. The company generates turnover from the provision of professional advisory and consultancy services. Revenue is recognised in accordance with FRS 102 Section 23 – Revenue from Contracts with Customers. Revenue is recognised over time as services are provided, as the customer simultaneously receives and consumes the benefits of those services.
Amounts invoiced or received in advance of services being provided are recognised as deferred income and released to turnover as the related services are performed.
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
4 years
Computer equipment
4 years
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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.
Tura Advisory Ltd
Notes to the Accounts
for the period from 20 January 2025 to 31 December 2025
The financial statements have been prepared on a going concern basis. The company has incurred losses during the period. The directors have prepared cash flow forecasts which indicate that the company will be able to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements. The directors note that the company’s ongoing activities are supported by loans provided by investors. The investors have confirmed that they will continue to provide financial support to the company as required. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
3,186
10,160
13,346
At 31 December 2025
3,186
10,160
13,346
Charge for the period
483
754
1,237
At 31 December 2025
483
754
1,237
At 31 December 2025
2,703
9,406
12,109
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
Taxes and social security
34,818
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Average number of employees
During the period the average number of employees was 2.