Tellivue Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11631902

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		8,613		6,643
Investments	5		-		14,999

			8,613		21,642
CURRENT ASSETS
Debtors	6	242,163		232,072
Cash at bank and in hand		408,377		292,109

		650,540		524,181
Creditors: Amounts Falling Due Within One Year	7	(377,546 )		(295,374 )

NET CURRENT ASSETS (LIABILITIES)			272,994		228,807

TOTAL ASSETS LESS CURRENT LIABILITIES			281,607		250,449

Creditors: Amounts Falling Due After More Than One Year	8		(1,667 )		(11,667 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,153 )		(1,661 )

NET ASSETS			277,787		237,121

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			277,785		237,119

SHAREHOLDERS' FUNDS			277,787		237,121

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Tellivue Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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

Mr Glynn Gordon

Director

30 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Tellivue Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11631902 . The registered office is Rectory Cottage, Rectory Lane, Windlesham, GU20 6BW.

The presentation currency of the financial statements is the Pound Sterling (£).

Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

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. Significant judgements and estimations

The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and assumptions are based on management's best knowledge of the amount, events or actions. Actual results may differ from those amounts.

Management do not consider there to be any significant judgements or estimates used in the preparation of these financial statements.

2.3. Turnover

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

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:

Motor Vehicles	25% on reducing balance
Fixtures & Fittings	33% on reducing balance
Computer Equipment	33% on reducing balance

2.5. Leasing and Hire Purchase Contracts

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2.6. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Tellivue Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.8. Pensions

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 3)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	813	12,205	13,018
Additions	2,564	7,737	10,301
Disposals	-	(9,021 )	(9,021 )

As at 31 March 2025	3,377	10,921	14,298

Depreciation
As at 1 April 2024	268	6,107	6,375
Provided during the period	1,026	3,216	4,242
Disposals	-	(4,932 )	(4,932 )

As at 31 March 2025	1,294	4,391	5,685

Net Book Value
As at 31 March 2025	2,083	6,530	8,613

As at 1 April 2024	545	6,098	6,643

5. Investments

	Unlisted
	£
Cost
As at 1 April 2024	14,999
Disposals	(14,999 )

As at 31 March 2025	-

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	14,999

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Tellivue Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	182,083	98,756
Other debtors	60,080	133,316

	242,163	232,072

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	165,360	70,958
Bank loans and overdrafts	10,007	10,000
Other creditors	24,912	1,227
Taxation and social security	177,267	213,189

	377,546	295,374

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,667	11,667

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
20,000 Ordinary Shares of £ 0.0001 each	2	2

10. Directors Advances, Credits and Guarantees

Included within Creditors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Glynn Gordon	98,748	64,260	(183,933 )	-	(20,925 )

At the balance sheet date, the company owed the director £20,925 (2024: director owed the company £98,748).

The above loan is unsecured, interest free and repayable on demand.

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