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Company Registration No. 12421537 (England and Wales)
Teevan Road Spv Limited Unaudited accounts for the year ended 31 January 2025
Teevan Road Spv Limited Unaudited accounts Contents
Page
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Teevan Road Spv Limited Company Information for the year ended 31 January 2025
Directors
Daniel Farrow Ayo Gordon
Company Number
12421537 (England and Wales)
Registered Office
1st Floor Healthaid House Marlborough Hill Harrow HA1 1UD England
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Teevan Road Spv Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,992,782 
3,330,441 
Current assets
Debtors
51,663 
67,353 
Cash at bank and in hand
(1,898)
139 
49,765 
67,492 
Creditors: amounts falling due within one year
(4,811,211)
(3,294,429)
Net current liabilities
(4,761,446)
(3,226,937)
Net (liabilities)/assets
(768,664)
103,504 
Capital and reserves
Called up share capital
99 
99 
Profit and loss account
(768,763)
103,405 
Shareholders' funds
(768,664)
103,504 
For the year ending 31 January 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 11 February 2025 and were signed on its behalf by
Daniel Farrow Director Company Registration No. 12421537
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Teevan Road Spv Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Teevan Road Spv Limited is a private company, limited by shares, registered in England and Wales, registration number 12421537. The registered office is 1st Floor Healthaid House, Marlborough Hill, Harrow, HA1 1UD, England.
2
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
3,330,441 
- 
3,330,441 
Additions
1,069,616 
69,167 
1,138,783 
Revaluations
(468,372)
- 
(468,372)
At 31 January 2025
3,931,685 
69,167 
4,000,852 
Depreciation
Charge for the year
- 
8,070 
8,070 
At 31 January 2025
- 
8,070 
8,070 
Net book value
At 31 January 2025
3,931,685 
61,097 
3,992,782 
At 31 January 2024
3,330,441 
- 
3,330,441 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
478 
8,058 
Amounts due from group undertakings etc.
51,185 
59,295 
51,663 
67,353 
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Teevan Road Spv Limited Notes to the Accounts for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
3,400,920 
1,602,204 
Amounts owed to group undertakings and other participating interests
309,489 
571,297 
Taxes and social security
174,396 
- 
Other creditors
599,727 
- 
Loans from directors
139,840 
95,393 
Accruals
186,839 
1,025,535 
4,811,211 
3,294,429 
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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