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REGISTERED NUMBER: 09128272 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Teavaro Limited

Teavaro Limited (Registered number: 09128272)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Teavaro Limited

Company Information
for the year ended 31 December 2024







DIRECTORS: R Bergmann
D L Booker
Dr D W Rohweder





REGISTERED OFFICE: 10-11 Heathfield Terrace
London
W4 4JE





REGISTERED NUMBER: 09128272 (England and Wales)





ACCOUNTANTS: WILSHERS DEJ
10-11 Heathfield Terrace
London
W4 4JE

Teavaro Limited (Registered number: 09128272)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 31,750 34,750
Tangible assets 5 9,378 -
41,128 34,750

CURRENT ASSETS
Stocks 264,568 239,367
Debtors 6 596,936 1,007,604
Cash at bank 1,005,952 633,563
1,867,456 1,880,534
CREDITORS
Amounts falling due within one year 7 229,253 459,071
NET CURRENT ASSETS 1,638,203 1,421,463
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,679,331

1,456,213

CREDITORS
Amounts falling due after more than one
year

8

(3,825

)

481
NET ASSETS 1,683,156 1,455,732

CAPITAL AND RESERVES
Called up share capital 8,918 8,918
Share premium 9 43,650 43,650
Retained earnings 9 1,630,588 1,403,164
SHAREHOLDERS' FUNDS 1,683,156 1,455,732

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Teavaro Limited (Registered number: 09128272)

Balance Sheet - continued
31 December 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 Board of Directors and authorised for issue on 23 June 2025 and were signed on its behalf by:





R Bergmann - Director


Teavaro Limited (Registered number: 09128272)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Teavaro 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.


Revenue Recognition

Revenue is measured as receipts for contracts are recognised at the point of consideration for work completed.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Trademarks are being amortised evenly over their estimated useful life of twenty years.

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 - 50% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 6 (2023 - 6 ) .

Teavaro Limited (Registered number: 09128272)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 5,000 60,000 65,000
AMORTISATION
At 1 January 2024 5,000 25,250 30,250
Charge for year - 3,000 3,000
At 31 December 2024 5,000 28,250 33,250
NET BOOK VALUE
At 31 December 2024 - 31,750 31,750
At 31 December 2023 - 34,750 34,750

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 2,563
Additions 18,756
At 31 December 2024 21,319
DEPRECIATION
At 1 January 2024 2,563
Charge for year 9,378
At 31 December 2024 11,941
NET BOOK VALUE
At 31 December 2024 9,378

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 297,580 290,823
Other debtors 299,356 716,781
596,936 1,007,604

Teavaro Limited (Registered number: 09128272)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 23,326 -
Trade creditors 59,304 115,716
Taxation and social security (22,897 ) 77,080
Other creditors 169,520 266,275
229,253 459,071

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors (3,825 ) 481

9. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 January 2024 1,403,164 43,650 1,446,814
Profit for the year 227,424 227,424
At 31 December 2024 1,630,588 43,650 1,674,238