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Registered number: 11334065














TEAHOUSE ASSOCIATES LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

 
TEAHOUSE ASSOCIATES LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 3


 
TEAHOUSE ASSOCIATES LIMITED
REGISTERED NUMBER:11334065

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 3 
5,391,432
5,391,432

Current assets
  

Debtors: amounts falling due within one year
 4 
26,630,333
26,792,431

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(30,134,182)
(30,296,280)

Net current liabilities
  
 
 
(3,503,849)
 
 
(3,503,849)

Net assets
  
1,887,583
1,887,583


Capital and reserves
  

Called up share capital 
 6 
101
101

Profit and loss account
  
1,887,482
1,887,482

  
1,887,583
1,887,583


For the year ended 31 December 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 9 September 2025.



C G Rifkind
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
TEAHOUSE ASSOCIATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Teahouse Associates Limited is a private limited liability company incorporated in England and Wales with its principal place of business at The Tea House, 17 Hall Road, London, NW8 9RF and its registered office at 3rd Floor 20-22 Berkeley Square, London, United Kingdom, W1J 6EQ.
The principal activity of the Company is that of a holding company.
The functional and presentational currency of the Company is £ Sterling.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Debtors

Short term debtors are measured at the transaction price, less any impairment.

 
2.5

Creditors

Short term creditors are measured at the transaction price.


3.


Fixed asset investments





Investments in subsidiary companies

£



Cost


At 1 January 2024
5,391,432



At 31 December 2024
5,391,432




Page 2

 
TEAHOUSE ASSOCIATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Debtors

2024
2023
£
£


Other debtors
26,630,333
26,792,431



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
25,979,261
23,904,729

Other creditors
4,154,921
6,391,551

30,134,182
30,296,280



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



10,100,000 Ordinary shares of £0.00001 each
101
101



7.


Related party transactions

The Company has taken advantage of the exemption under FRS102 33.1A Related Party Disclosures not to disclose transactions entered into between two or more members of a group, provided that any subsidiary undertaking which is a party to the transaction is wholly owned by a member of that group.

Page 3