Company Registration No. 11480705 (England and Wales)
The Tapestry Agency Limited
Unaudited accounts
for the year ended 31 July 2025
The Tapestry Agency Limited
Unaudited accounts
Contents
The Tapestry Agency Limited
Company Information
for the year ended 31 July 2025
Directors
R H Colquhoun
M Sargent
D Lockwood
Company Number
11480705 (England and Wales)
The Tapestry Agency Limited
Statement of financial position
as at 31 July 2025
Intangible assets
128,105
94,248
Tangible assets
1,935
3,541
Cash at bank and in hand
86,639
137,113
Creditors: amounts falling due within one year
(146,301)
(183,884)
Net current assets
130,493
102,202
Total assets less current liabilities
260,533
199,991
Creditors: amounts falling due after more than one year
-
(15,570)
Provisions for liabilities
Deferred tax
(11,271)
(11,271)
Net assets
249,262
173,150
Called up share capital
9,656
9,656
Share premium
23,469
23,469
Capital redemption reserve
1,875
1,875
Profit and loss account
214,262
138,150
Shareholders' funds
249,262
173,150
For the year ending 31 July 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by
R H Colquhoun
Director
Company Registration No. 11480705
The Tapestry Agency Limited
Notes to the Accounts
for the year ended 31 July 2025
The Tapestry Agency Limited is a private company, limited by shares, registered in England and Wales, registration number 11480705.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on reducing balance
Computer equipment
33% on cost
Intangible assets and amortisation policy
Intangible assets represent proprietary data and AI technologies developed inhouse, reflecting the Company’s commitment to innovation. These assets are stated at a percentage of cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided at rates to write off the cost or valuation of each asset over its expected useful life, as below. The technologies developed are rigorously tested and validated through commercial use and grant supported projects, positioning the Company as a leader in data and AI solutions.
Proprietary data and AI technologies developed inhouse 5 years straight line.
Other intangible assets 3 years straight line.
The Tapestry Agency Limited
Notes to the Accounts
for the year ended 31 July 2025
4
Intangible fixed assets
Other
Charge for the year
21,416
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2024
5,384
56,033
61,417
At 31 July 2025
5,384
56,033
61,417
At 1 August 2024
2,855
55,021
57,876
Charge for the year
631
975
1,606
At 31 July 2025
3,486
55,996
59,482
At 31 July 2025
1,898
37
1,935
At 31 July 2024
2,529
1,012
3,541
Amounts falling due within one year
Trade debtors
94,955
119,614
Accrued income and prepayments
31,045
-
Other debtors
64,155
29,359
The Tapestry Agency Limited
Notes to the Accounts
for the year ended 31 July 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
18,049
43,675
Trade creditors
13,604
19,294
Taxes and social security
25,920
100,342
Other creditors
3,286
20,573
Loans from directors
1,068
-
The loan provided by The Co-Operative Bank PLC is secured on the company and a fixed floating charge over company assets. The loan amount outstanding as at 2025 was £18,049 (2024 £59,245)
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 13 (2024: 14).