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REGISTERED NUMBER: 12213956 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

THE TEATLE LIMITED

THE TEATLE LIMITED (REGISTERED NUMBER: 12213956)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE TEATLE LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: Dr A Tarsia





REGISTERED OFFICE: 73 Park Lane
Croydon
Surrey
CR0 1JG





REGISTERED NUMBER: 12213956 (England and Wales)





ACCOUNTANTS: Jardines
Chartered Certified Accountants
73 Park Lane
Croydon
Surrey
CR0 1JG

THE TEATLE LIMITED (REGISTERED NUMBER: 12213956)

Balance Sheet
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 7,801 7,801
Tangible assets 5 4,785 4,329
12,586 12,130

CURRENT ASSETS
Debtors 6 - 958
Cash at bank 24,376 8,493
24,376 9,451
CREDITORS
Amounts falling due within one year 7 2,726 3,632
NET CURRENT ASSETS 21,650 5,819
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,236

17,949

CREDITORS
Amounts falling due after more than one year 8 210,360 180,360
NET LIABILITIES (176,124 ) (162,411 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (176,224 ) (162,511 )
SHAREHOLDERS' FUNDS (176,124 ) (162,411 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

THE TEATLE LIMITED (REGISTERED NUMBER: 12213956)

Balance Sheet - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 January 2024 and were signed by:





Dr A Tarsia - Director


THE TEATLE LIMITED (REGISTERED NUMBER: 12213956)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

The Teatle Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
The Company has applied for a patent for the design of a new baby bottle. The cost £200, has been capitalised. No amortisation has been charged in the Company accounts. An assessment will be made in future years of the expected useful life of the patent.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

THE TEATLE LIMITED (REGISTERED NUMBER: 12213956)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2022
and 31 March 2023 7,801
NET BOOK VALUE
At 31 March 2023 7,801
At 31 March 2022 7,801

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 9,381
Additions 3,735
At 31 March 2023 13,116
DEPRECIATION
At 1 April 2022 5,052
Charge for year 3,279
At 31 March 2023 8,331
NET BOOK VALUE
At 31 March 2023 4,785
At 31 March 2022 4,329

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 958

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 2,726 3,632

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 210,360 180,360

THE TEATLE LIMITED (REGISTERED NUMBER: 12213956)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 210,360 180,360

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

10. RELATED PARTY DISCLOSURES

The company has a loan of £210,360 (2021: £180,360) from A T Dental Excellence Ltd. No interest was charged in the year on this loan. The director, A Tarsia, is a director of both companies. .

11. ULTIMATE CONTROLLING PARTY

The controlling party is Dr A Tarsia.

The ultimate controlling party is Dr A Tarsia.