Registration number: 09895744

TZ250 Limited

Contents

Statement of Financial Position	1 to 2
Notes to the Unaudited Financial Statements	3 to 9

TZ250 Limited

(Registration number: 09895744)
Statement of Financial Position
31 December 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	20,679	20,679
Tangible assets	5	1,501	384
		22,180	21,063
Current assets
Debtors	6	721	-
Cash at bank and in hand		12,596	10,898
		13,317	10,898
Creditors: Amounts falling due within one year	7	(81,416)	(82,516)
Net current liabilities		(68,099)	(71,618)
Total assets less current liabilities		(45,919)	(50,555)
Creditors: Amounts falling due after more than one year	7	(833)	(4,833)
Net liabilities		(46,752)	(55,388)
Capital and reserves
Called up share capital		100	100
Retained earnings		(46,852)	(55,488)
Shareholders' deficit		(46,752)	(55,388)

For the financial year ending 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

TZ250 Limited

(Registration number: 09895744)
Statement of Financial Position
31 December 2024

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 September 2025 and signed on its behalf by:
 

......................................... A L Taylor Director

TZ250 Limited

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

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Wiston House
1 Wiston Avenue
Worthing
West Sussex
BN14 7QL
United Kingdom

These financial statements were authorised for issue by the Board on 30 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

TZ250 Limited

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

2	Accounting policies (continued)

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	over 4 years
Fixtures and fittings	15% reducing balance
Computer equipment	over 2 years

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Website development costs	over 4 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

TZ250 Limited

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

2	Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

TZ250 Limited

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

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 1 January 2024	20,679	20,679
At 31 December 2024	20,679	20,679
Amortisation
Carrying amount
At 31 December 2024	20,679	20,679
At 31 December 2023	20,679	20,679

The aggregate amount of research and development expenditure recognised as an expense during the period is £15,600 (2023 - £12,350).
 

TZ250 Limited

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

5	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 January 2024	2,268	20,017	22,285
Additions	1,455	-	1,455
At 31 December 2024	3,723	20,017	23,740
Depreciation
At 1 January 2024	1,888	20,013	21,901
Charge for the year	338	-	338
At 31 December 2024	2,226	20,013	22,239
Carrying amount
At 31 December 2024	1,497	4	1,501
At 31 December 2023	380	4	384

6

Debtors

Current	2024 £	2023 £
Other debtors	721	-
	721	-

TZ250 Limited

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

7

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	8	2,000	-
Trade creditors		395	1,742
Taxation and social security		-	2,327
Accruals and deferred income		-	145
Other creditors		79,021	78,302
		81,416	82,516

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings	8	833	4,833

8	Loans and borrowings

Non-current loans and borrowings

	2024 £	2023 £
Bank borrowings	833	4,833

Current loans and borrowings

TZ250 Limited

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

8	Loans and borrowings (continued)

	2024 £	2023 £
Bank borrowings	2,000	-