2023-03-012024-02-292024-02-29false13887044TVEST Ltd2024-09-1464209iso4217:GBPxbrli:pure138870442023-03-01138870442024-02-29138870442023-03-012024-02-29138870442022-02-02138870442023-02-28138870442022-02-022023-02-2813887044bus:SmallEntities2023-03-012024-02-2913887044bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2913887044bus:FullAccounts2023-03-012024-02-2913887044bus:PrivateLimitedCompanyLtd2023-03-012024-02-2913887044core:WithinOneYear2024-02-2913887044core:AfterOneYear2024-02-2913887044core:WithinOneYear2023-02-2813887044core:AfterOneYear2023-02-2813887044core:ShareCapital2024-02-2913887044core:SharePremium2024-02-2913887044core:RevaluationReserve2024-02-2913887044core:OtherReservesSubtotal2024-02-2913887044core:RetainedEarningsAccumulatedLosses2024-02-2913887044core:ShareCapital2023-02-2813887044core:SharePremium2023-02-2813887044core:RevaluationReserve2023-02-2813887044core:OtherReservesSubtotal2023-02-2813887044core:RetainedEarningsAccumulatedLosses2023-02-2813887044core:LandBuildings2024-02-2913887044core:PlantMachinery2024-02-2913887044core:Vehicles2024-02-2913887044core:FurnitureFittings2024-02-2913887044core:OfficeEquipment2024-02-2913887044core:NetGoodwill2024-02-2913887044core:IntangibleAssetsOtherThanGoodwill2024-02-2913887044core:ListedExchangeTraded2024-02-2913887044core:UnlistedNon-exchangeTraded2024-02-2913887044core:LandBuildings2023-02-2813887044core:PlantMachinery2023-02-2813887044core:Vehicles2023-02-2813887044core:FurnitureFittings2023-02-2813887044core:OfficeEquipment2023-02-2813887044core:NetGoodwill2023-02-2813887044core:IntangibleAssetsOtherThanGoodwill2023-02-2813887044core:ListedExchangeTraded2023-02-2813887044core:UnlistedNon-exchangeTraded2023-02-2813887044core:LandBuildings2023-03-012024-02-2913887044core:PlantMachinery2023-03-012024-02-2913887044core:Vehicles2023-03-012024-02-2913887044core:FurnitureFittings2023-03-012024-02-2913887044core:OfficeEquipment2023-03-012024-02-2913887044core:NetGoodwill2023-03-012024-02-2913887044core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2913887044core:ListedExchangeTraded2023-03-012024-02-2913887044core:UnlistedNon-exchangeTraded2023-03-012024-02-2913887044core:MoreThanFiveYears2023-03-012024-02-2913887044core:Non-currentFinancialInstruments2024-02-2913887044core:Non-currentFinancialInstruments2023-02-2813887044dpl:CostSales2023-03-012024-02-2913887044dpl:DistributionCosts2023-03-012024-02-2913887044core:LandBuildings2023-03-012024-02-2913887044core:PlantMachinery2023-03-012024-02-2913887044core:Vehicles2023-03-012024-02-2913887044core:FurnitureFittings2023-03-012024-02-2913887044core:OfficeEquipment2023-03-012024-02-2913887044dpl:AdministrativeExpenses2023-03-012024-02-2913887044core:NetGoodwill2023-03-012024-02-2913887044core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2913887044dpl:GroupUndertakings2023-03-012024-02-2913887044dpl:ParticipatingInterests2023-03-012024-02-2913887044dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2913887044core:ListedExchangeTraded2023-03-012024-02-2913887044dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2913887044core:UnlistedNon-exchangeTraded2023-03-012024-02-2913887044dpl:CostSales2022-02-022023-02-2813887044dpl:DistributionCosts2022-02-022023-02-2813887044core:LandBuildings2022-02-022023-02-2813887044core:PlantMachinery2022-02-022023-02-2813887044core:Vehicles2022-02-022023-02-2813887044core:FurnitureFittings2022-02-022023-02-2813887044core:OfficeEquipment2022-02-022023-02-2813887044dpl:AdministrativeExpenses2022-02-022023-02-2813887044core:NetGoodwill2022-02-022023-02-2813887044core:IntangibleAssetsOtherThanGoodwill2022-02-022023-02-2813887044dpl:GroupUndertakings2022-02-022023-02-2813887044dpl:ParticipatingInterests2022-02-022023-02-2813887044dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-022023-02-2813887044core:ListedExchangeTraded2022-02-022023-02-2813887044dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-022023-02-2813887044core:UnlistedNon-exchangeTraded2022-02-022023-02-2813887044core:NetGoodwill2024-02-2913887044core:IntangibleAssetsOtherThanGoodwill2024-02-2913887044core:LandBuildings2024-02-2913887044core:PlantMachinery2024-02-2913887044core:Vehicles2024-02-2913887044core:FurnitureFittings2024-02-2913887044core:OfficeEquipment2024-02-2913887044core:AfterOneYear2024-02-2913887044core:WithinOneYear2024-02-2913887044core:ListedExchangeTraded2024-02-2913887044core:UnlistedNon-exchangeTraded2024-02-2913887044core:ShareCapital2024-02-2913887044core:SharePremium2024-02-2913887044core:RevaluationReserve2024-02-2913887044core:OtherReservesSubtotal2024-02-2913887044core:RetainedEarningsAccumulatedLosses2024-02-2913887044core:NetGoodwill2023-02-2813887044core:IntangibleAssetsOtherThanGoodwill2023-02-2813887044core:LandBuildings2023-02-2813887044core:PlantMachinery2023-02-2813887044core:Vehicles2023-02-2813887044core:FurnitureFittings2023-02-2813887044core:OfficeEquipment2023-02-2813887044core:AfterOneYear2023-02-2813887044core:WithinOneYear2023-02-2813887044core:ListedExchangeTraded2023-02-2813887044core:UnlistedNon-exchangeTraded2023-02-2813887044core:ShareCapital2023-02-2813887044core:SharePremium2023-02-2813887044core:RevaluationReserve2023-02-2813887044core:OtherReservesSubtotal2023-02-2813887044core:RetainedEarningsAccumulatedLosses2023-02-2813887044core:NetGoodwill2022-02-0213887044core:IntangibleAssetsOtherThanGoodwill2022-02-0213887044core:LandBuildings2022-02-0213887044core:PlantMachinery2022-02-0213887044core:Vehicles2022-02-0213887044core:FurnitureFittings2022-02-0213887044core:OfficeEquipment2022-02-0213887044core:AfterOneYear2022-02-0213887044core:WithinOneYear2022-02-0213887044core:ListedExchangeTraded2022-02-0213887044core:UnlistedNon-exchangeTraded2022-02-0213887044core:ShareCapital2022-02-0213887044core:SharePremium2022-02-0213887044core:RevaluationReserve2022-02-0213887044core:OtherReservesSubtotal2022-02-0213887044core:RetainedEarningsAccumulatedLosses2022-02-0213887044core:AfterOneYear2023-03-012024-02-2913887044core:WithinOneYear2023-03-012024-02-2913887044core:Non-currentFinancialInstrumentscore:CostValuation2023-03-012024-02-2913887044core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-012024-02-2913887044core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-012024-02-2913887044core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-012024-02-2913887044core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-012024-02-2913887044core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-012024-02-2913887044core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2913887044core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2913887044core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2913887044core:Non-currentFinancialInstrumentscore:CostValuation2024-02-2913887044core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-02-2913887044core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-02-2913887044core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-02-2913887044core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-02-2913887044core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-02-2913887044core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-02-2913887044core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-02-2913887044core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-02-2913887044core:Non-currentFinancialInstrumentscore:CostValuation2023-02-2813887044core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-2813887044core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-2813887044core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-2813887044core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-2813887044core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-2813887044core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-2813887044core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-2813887044core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-2813887044bus:Director12023-03-012024-02-29

TVEST Ltd

Registered Number
13887044
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

TVEST Ltd
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

Turner, Gareth David

Registered Address

Office 160 Signal, Martinique House
Hampshire Road
Bordon
GU35 0HJ

Registered Number

13887044 (England and Wales)
TVEST Ltd
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Current assets
Debtors283100
Current asset investments46363
Cash at bank and on hand1,016810
1,362973
Creditors amounts falling due within one year5(2,409)(1,465)
Net current assets (liabilities)(1,047)(492)
Total assets less current liabilities(1,047)(492)
Net assets(1,047)(492)
Capital and reserves
Called up share capital100100
Profit and loss account(1,147)(592)
Shareholders' funds(1,047)(492)
The financial statements were approved and authorised for issue by the Director on 14 September 2024, and are signed on its behalf by:
Turner, Gareth David
Director
Registered Company No. 13887044
TVEST Ltd
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.Average number of employees

20242023
Average number of employees during the year00
3.Fixed asset investments
4.Current asset investments
5.Creditors: amounts due within one year

2024

2023

££
Other creditors2,1261,225
Accrued liabilities and deferred income283240
Total2,4091,465