ACCOUNTS - Final Accounts

Analysis of the maturity of loans is given below:

Registered number: 10904747

TEDXLONDON LIMITED

(A Company Limited by Guarantee)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

TEDXLONDON LIMITED

(A Company Limited by Guarantee)

COMPANY INFORMATION

DIRECTOR	M. E. Pasha


REGISTERED NUMBER	10904747


REGISTERED OFFICE	1st Floor Sackville House
	143-149 Fenchurch Street
	London
	EC3M 6BL

TEDXLONDON LIMITED

(A Company Limited by Guarantee)

CONTENTS

	Page
Balance Sheet	1
Notes to the Financial Statements	2 - 5

TEDXLONDON LIMITED

(A Company Limited by Guarantee)

REGISTERED NUMBER: 10904747

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

CURRENT ASSETS
Debtors	4	33,421		12,228
Cash at bank and in hand		212,893		3,326
		246,314		15,554
Creditors: amounts falling due within one year	5	(271,493)		(21,132)
NET CURRENT LIABILITIES			(25,179)		(5,578)
Creditors: amounts falling due after more than one year	6		(25,596)		(28,402)
NET LIABILITIES			(50,775)		(33,980)

CAPITAL AND RESERVES
Profit and loss account	(50,775)	(33,980)
MEMBER'S FUNDS	(50,775)	(33,980)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the Director's Report and Statement of Income and Retained Earnings in accordance with provisions applicable to companies subject to the small companies regime, under section 444 of the Companies Act 2006.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on
30 October 2025.

M. E. Pasha

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

TEDXLONDON LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	GENERAL INFORMATION

TEDxLondon Limited (company number: 10904747), having its registered office at 1st Floor Sackville House, 143-149 Fenchurch Street, London, EC3M 6BL, is a private limited company by guarantee incorporated in England and Wales.
The company does not have a principal place of business.

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

STATEMENT OF CASH FLOWS

The Company has taken advantage of the exemption in Financial Reporting Standard 102, Section 1A.7 from the requirement to provide a Statement of Cash Flows on the grounds that it is a small company.

2.3

GOING CONCERN

At the Balance Sheet date, the Company had net liabilities of £50,775 (2023: £33,980).
The Company has the support of its director for the foreseeable future and for a period of at least 12 months from the date of signing these financial statements. On this basis the director deems it appropriate to prepare these financial statements on the going concern basis.

2.4

FOREIGN CURRENCY TRANSLATION

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

Page 2

TEDXLONDON LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.ACCOUNTING POLICIES (continued)

2.5

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of tickets

Turnover from the sale of tickets is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the amount of revenue can be measured reliably;

∙it is probable that the company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Sponsorship money
Income received from sponsorship money is recognised in line with the events to which they relate when the amount can be reliably measured and it is probable that the consideration will be received.

2.6

GOVERNMENT GRANTS

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

2.7

FINANCE COSTS

Finance costs are charged to the Statement of Income and Expenditure over the term of the debt.

2.8

DEBTORS

Short-term debtors are measured at transaction price, less any impairment.

2.9

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.10

CREDITORS

Short-term creditors are measured at the transaction price.

Page 3

TEDXLONDON LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.ACCOUNTING POLICIES (continued)

2.11

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the Balance Sheet date.

2.12

TAXATION

Tax is recognised in the Statement of Income and Retained Earnings.

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

EMPLOYEES

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

DEBTORS

					2024	2023
					£	£

Due within one year
Trade debtors	2,703	4,800
Other debtors	571	6,471
Prepayments and accrued income	30,147	957
	33,421	12,228

Page 4

TEDXLONDON LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

5.	CREDITORS: Amounts falling due within one year
		2024	2023
		£	£

Bank loans (see note below)	7,500	7,500
Trade creditors	2,011	6,824
Other taxation and social security	1,805	4,308
Accruals and deferred income	260,177	2,500
	271,493	21,132

6.	CREDITORS: Amounts falling due after more than one year
		2024	2023
		£	£

	Bank loans	25,596	28,402

The bank loan obtained during 2020 is a bounce back loan guaranteed by the government. Interest is payable at a rate of 2.5% per annum.

Amounts falling due within one year
Bank loans	7,500	7,500
Amounts falling due 1-2 years
Bank loans	12,500	12,500
Amounts falling due 2-5 years
Bank loans	13,096	15,902

8.	COMPANY STATUS

The Company is a private company limited by guarantee and consquently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

Page 5