Tdwt Ltd. - Accounts to registrar (filleted)

REGISTERED NUMBER: 10535299 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Tdwt Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M R Coupe

Mrs H Coupe

REGISTERED OFFICE:

Beechgrove

Edwin Close

West Horsley

Leatherhead

Surrey

KT24 6LW

REGISTERED NUMBER:

10535299 (England and Wales)

ACCOUNTANTS:

Tropman & Co Limited

39 Station Road

Liphook

Hampshire

GU30 7DW

FIXED ASSETS

Intangible assets

4

2,329

2,466

Tangible assets

5

3,635

974

Investments

6

33,677

39,641

37,117

CURRENT ASSETS

Debtors

7

2,947

12

Cash at bank

51,669

59,533

54,616

59,545

CREDITORS

Amounts falling due within one year

8

1,000

1,138

NET CURRENT ASSETS

53,616

58,407

TOTAL ASSETS LESS CURRENT
LIABILITIES

93,257

95,524

PROVISIONS FOR LIABILITIES

2,090

NET ASSETS

91,167

93,434

CAPITAL AND RESERVES

Called up share capital

9

1

Fair value reserve

10

10,998

Retained earnings

10

80,168

82,435

SHAREHOLDERS' FUNDS

91,167

93,434

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.

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 22 September 2025 and were signed on its behalf by:

Mrs H Coupe - Director

1.	STATUTORY INFORMATION

Tdwt 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.

Intangible fixed 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 costs.

Trade Marks - amortised evenly over their estimated useful life of 20 years.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investments

Investments are stated at fair value at the Balance Sheet date. Any unrealised gain/loss is recognised in the Income Statement for the year.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

2,740

AMORTISATION

At 1 January 2024

274

Charge for year

137

At 31 December 2024

411

NET BOOK VALUE

At 31 December 2024

2,329

At 31 December 2023

2,466

Intangible Fixed Assets relate to Trade Marks purchased during the year.

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

6,988

Additions

3,872

At 31 December 2024

10,860

DEPRECIATION

At 1 January 2024

6,014

Charge for year

1,211

At 31 December 2024

7,225

NET BOOK VALUE

At 31 December 2024

3,635

At 31 December 2023

974

6.	FIXED ASSET INVESTMENTS

During the year ended 31st December 2023 the company invested £22,677 in total by way of a SEED investment. The total amount invested in the company was in exchange for a 1.43% ownership of shares in VYBE BEAUTY GMBH.

As at 31st December 2023 and 31st December 2024 the above investments fair value was considered by the director to be £33,675. The fair value being stated in the Balance Sheet as at 31st December 2024

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

1,800

-

Directors' current accounts

673

-

VAT

474

12

2,947

12

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Directors' current accounts

-

138

Accruals and deferred income

1,000

1,138

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

1,000

Ordinary

£0.00

1

10.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

At 1 January 2024

82,435

10,998

93,433

Deficit for the year

(2,267

)

(2,267

)

At 31 December 2024

80,168

10,998

91,166

11.	RELATED PARTY DISCLOSURES

The company TDWT Limited owns 100% of the ordinary voting shares, with a nominal value of £2, in a company named Coupe Coastal Ltd.

Mrs H Coupe, the majority share holder (75%) and a director of TDWT Limited is also a director of Coupe Coastal Ltd.

During the year ended 31st December 2022 the company loaned Coupe Coastal Ltd £90,000. Repayments to TDWT Limited were made during the years ended 31st December 2022 and 31st December 2023. A balance of £1,796 being written off in the accounts of TDWT Ltd in the year ended 31st December 2023.

Mrs H Coupe is noted as a 'Person of Significant Control' in the company Coupe Coastal Ltd by virtue of the fact that she has significant influence or control.

Coupe Coastal Ltd, is currently being wound up and will be struck of the register at Companies House in due course.