Turing Intelligence Technology Limited 31/08/2023 iXBRL

Turing Intelligence Technology Limited 31/08/2023 iXBRL


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Company registration number: 10318035
Turing Intelligence Technology Limited
Unaudited filleted financial statements
31 August 2023
Turing Intelligence Technology Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Turing Intelligence Technology Limited
Directors and other information
Directors L Kanthan
M Basios
F Wu
IQ Capital Directors Nominees Ltd
L Li (Resigned 10 November 2023)
J Hao (Resigned 10 July 2023)
Company number 10318035
Registered office Citipoint
1 Ropemaker Street
London
EC2Y 9AW
Accountants Pink Affinity Limited
Turing Intelligence Technology Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Turing Intelligence Technology Limited
Year ended 31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Turing Intelligence Technology Limited for the year ended 31 August 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Turing Intelligence Technology Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Turing Intelligence Technology Limited and state those matters that we have agreed to state to the board of directors of Turing Intelligence Technology Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Turing Intelligence Technology Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Turing Intelligence Technology Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Turing Intelligence Technology Limited. You consider that Turing Intelligence Technology Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Turing Intelligence Technology Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Pink Affinity Limited
23 May 2024
Turing Intelligence Technology Limited
Statement of financial position
31 August 2023
2023 2022
£ £
Fixed assets 10,708 1,117
_______ _______
Current assets 666,527 887,498
Creditors: amounts falling due within one year ( 1,010,425) ( 410,761)
_______ _______
Net current (liabilities)/assets ( 343,898) 476,737
_______ _______
Total assets less current liabilities ( 333,190) 477,854
Creditors: amounts falling due after more than one year ( 1,000,000) -
Accruals and deferred income ( 1,650) ( 1,500)
_______ _______
Net (liabilities)/assets ( 1,334,840) 476,354
_______ _______
Capital and reserves ( 1,334,840) 476,354
_______ _______
Notes to the financial statements
Turing Intelligence Technology Limited
Year ended 31 August 2023
1. Employee numbers
The average number of persons employed by the company during the year amounted to 14 (2022: 10 ).
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 23 May 2024 , and are signed on behalf of the board by:
L Kanthan
Director
Company registration number: 10318035
The company is a private company limited by shares, registered in England and Wales.