IRIS Accounts Production v24.3.0.553 13149696 director 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh131496962023-01-31131496962024-01-31131496962023-02-012024-01-31131496962022-01-31131496962022-02-012023-01-31131496962023-01-3113149696ns15:EnglandWales2023-02-012024-01-3113149696ns14:PoundSterling2023-02-012024-01-3113149696ns10:Director12023-02-012024-01-3113149696ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3113149696ns10:SmallEntities2023-02-012024-01-3113149696ns10:AuditExemptWithAccountantsReport2023-02-012024-01-3113149696ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3113149696ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3113149696ns10:FullAccounts2023-02-012024-01-3113149696ns10:RegisteredOffice2023-02-012024-01-3113149696ns5:CurrentFinancialInstruments2024-01-3113149696ns5:CurrentFinancialInstruments2023-01-3113149696ns5:ShareCapital2024-01-3113149696ns5:ShareCapital2023-01-3113149696ns5:RetainedEarningsAccumulatedLosses2024-01-3113149696ns5:RetainedEarningsAccumulatedLosses2023-01-3113149696ns5:PlantMachinery2023-01-3113149696ns5:PlantMachinery2023-02-012024-01-3113149696ns5:PlantMachinery2024-01-3113149696ns5:PlantMachinery2023-01-3113149696ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3113149696ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-3113149696ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-01-3113149696ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-01-31
REGISTERED NUMBER: 13149696 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

TEAPOLE LTD

TEAPOLE LTD (REGISTERED NUMBER: 13149696)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Certified Accountants' Report 7

TEAPOLE LTD

Company Information
for the Year Ended 31 January 2024







DIRECTOR: N R J Tudor-Pole





REGISTERED OFFICE: 173 Fulham Road
London
SW3 6JW





REGISTERED NUMBER: 13149696 (England and Wales)





ACCOUNTANTS: A W Associates
Regus, Building 2
Guildford Business Park Road
Guildford
Surrey
GU2 8XG

TEAPOLE LTD (REGISTERED NUMBER: 13149696)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 33,971 27,961

CURRENT ASSETS
Debtors 5 27,693 30,284
Cash at bank 15,138 31,085
42,831 61,369
CREDITORS
Amounts falling due within one year 6 37,220 52,652
NET CURRENT ASSETS 5,611 8,717
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,582

36,678

PROVISIONS FOR LIABILITIES 6,080 6,145
NET ASSETS 33,502 30,533

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 33,501 30,532
33,502 30,533

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

TEAPOLE LTD (REGISTERED NUMBER: 13149696)

Balance Sheet - continued
31 January 2024


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 November 2024 and were signed by:





N R J Tudor-Pole - Director


TEAPOLE LTD (REGISTERED NUMBER: 13149696)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Teapole Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

TEAPOLE LTD (REGISTERED NUMBER: 13149696)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 35,245
Additions 14,291
At 31 January 2024 49,536
DEPRECIATION
At 1 February 2023 7,284
Charge for year 8,281
At 31 January 2024 15,565
NET BOOK VALUE
At 31 January 2024 33,971
At 31 January 2023 27,961

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 5 4
Other debtors 9,945 8,917
9,950 8,921

TEAPOLE LTD (REGISTERED NUMBER: 13149696)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. DEBTORS - continued
2024 2023
£    £   
Amounts falling due after more than one year:
Other debtors 17,743 21,363

Aggregate amounts 27,693 30,284

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 1
Taxation and social security 25,125 27,851
Other creditors 12,095 24,800
37,220 52,652

7. RELATED PARTY DISCLOSURES

At the year end, the company owed Mr Tudor-Pole, the director and shareholder of the company nil (2023 £21,233). This amount was interest free and repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N R J Tudor-Pole.

Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Teapole Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Teapole Ltd for the year ended 31 January 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Teapole Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Teapole Ltd and state those matters that we have agreed to state to the director of Teapole Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Teapole Ltd 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 profit of Teapole Ltd. You consider that Teapole Ltd 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 Teapole Ltd. 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.






A W Associates
Regus, Building 2
Guildford Business Park Road
Guildford
Surrey
GU2 8XG


30 November 2024