Tadaweb UK Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 11574511

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		51,403		67,016

			51,403		67,016
CURRENT ASSETS
Debtors	5	231,096		96,601
Cash at bank and in hand		20,733		632,849

		251,829		729,450
Creditors: Amounts Falling Due Within One Year	6	(924,942 )		(1,621,761 )

NET CURRENT ASSETS (LIABILITIES)			(673,113 )		(892,311 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(621,710 )		(825,295 )

NET LIABILITIES			(621,710 )		(825,295 )

CAPITAL AND RESERVES
Called up share capital	7		1,000		1,000
Profit and Loss Account			(622,710 )		(826,295 )

SHAREHOLDERS' FUNDS			(621,710)		(825,295)

For the 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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

J Midwinter

Director

26 September 2025

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

1. General Information

Tadaweb UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11574511 . The registered office is 94-102 Euston Street, London, NW1 2HA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis. The company is profitable, and continues to receive support from its parent company Tadaweb S.A. which will not require repayment of balances owed to it until the company is able to do so without affecting its ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of licences and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of licences

Turnover from the sale of licences is recognised over the period which the licences are granted for.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	20% on cost
Computer Equipment	25% on cost

3. Average Number of Employees

Average number of employees, including directors, during the year was: 18 (2023: 13)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	191,770	57,779	249,549
Additions	638	10,765	11,403
Disposals	-	(17,397 )	(17,397 )

As at 31 December 2024	192,408	51,147	243,555

Depreciation
As at 1 January 2024	150,520	32,013	182,533
Provided during the period	14,107	12,909	27,016
Disposals	-	(17,397 )	(17,397 )

As at 31 December 2024	164,627	27,525	192,152

...CONTINUED

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Tadaweb UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	27,781	23,622	51,403

As at 1 January 2024	41,250	25,766	67,016

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	231,096	96,601

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	26,732	49,383
Amounts owed to group undertakings	837,850	1,299,556
Other creditors	60,360	272,822

	924,942	1,621,761

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1,000	1,000

8. Average number of employees

Average number of employees, including directors, during the year was: 18 (2023: 13)

8. Parent company

The parent company is Tadaweb S.A. The registered office of Tadaweb S.A is 3 Avenue Du Swing, 4367 Belvaux, Luxembourg.

9. Leasing Agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

	2024	2023
	£	£
Within one year	34,155	136,620
Between one and five years	-	34,155
	34,155	170,775

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