Subtvu Limited - Accounts

Registered Number: 09758453 Subtvu Limited
Statement of Financial Position
As at 31 December 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	93,614	41,657
		93,614	41,657
Current assets
Debtors	4	683,836	674,091
Cash at bank and in hand		651,318	601,617
		1,335,154	1,275,708
Creditors: amount falling due within one year	5	(833,049)	(1,053,800)
Net current assets		502,105	221,908

Total assets less current liabilities		595,719	263,565
Creditors: amount falling due after more than one year	6	(11,667)	(21,667)
Net assets		584,052	241,898

Capital and reserves
Called up share capital		1,284	1,284
Share premium account	7	13,251	13,251
Profit and loss account		569,517	227,363
Shareholders' funds		584,052	241,898

For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 08 September 2025 and were signed on its behalf by:

-------------------------------
S P Lent
Director

Subtvu Limited
Notes to the Financial Statements
For the year ended 31 December 2024

General Information

Subtvu Limited is a private company, limited by shares, registered in England and Wales, registration number 09758453, registration address Vox Studios, Unit W205 1 - 45 Durham Street, Vauxhall, London, SE11 5JH.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Taxation

Taxation for the period 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 taxation

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 period 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.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Short leasehold	20% Straight Line
Plant and Machinery	10% Straight Line
Fixtures and Fittings	20% Straight Line
Computer Equipment & screen installations	33% Straight Line

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less impairment

2.	Average number of employees Average number of employees during the year was 21 (2023 : 18).

Tangible fixed assets

Cost or valuation	Short leasehold	Plant and Machinery	Fixtures and Fittings	Computer Equipment & screen installations	Total
	£	£	£	£	£
At 01 January 2024	27,390	2,412	36,274	201,654	267,730
Additions	-	-	-	107,698	107,698
Disposals	-	-	-	-	-
At 31 December 2024	27,390	2,412	36,274	309,352	375,428
Depreciation
At 01 January 2024	17,760	825	32,667	174,821	226,073
Charge for year	5,478	241	3,072	46,950	55,741
On disposals	-	-	-	-	-
At 31 December 2024	23,238	1,066	35,739	221,771	281,814
Net book values
Closing balance as at 31 December 2024	4,152	1,346	535	87,581	93,614
Opening balance as at 01 January 2024	9,630	1,587	3,607	26,833	41,657

Debtors: amounts falling due within one year

	2024 £	2023 £
Trade Debtors	614,682	610,975
Prepayments & Accrued Income	40,986	24,097
Other Debtors	28,168	38,976
Directors' Current Accounts	-	43
	683,836	674,091

Creditors: amount falling due within one year

	2024 £	2023 £
Trade Creditors	36,613	51,140
Bank Loans & Overdrafts	10,000	10,000
PAYE & Social Security	33,939	28,437
Accrued Expenses	672,469	806,857
Other Creditors	2,195	11,189
VAT	77,833	146,177
	833,049	1,053,800

Creditors: amount falling due after more than one year

	2024 £		2023 £
Bank Loans & Overdrafts	11,667		21,667
	11,667		21,667

Share premium account

	2024 £		2023 £
Equity Share Premium b/fwd	13,251		13,251
	13,251		13,251

Registered Number: 09758453
England and Wales
Unaudited Financial Statements

for the year ended 31 December 2024
for
SUBTVU LIMITED