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REGISTERED NUMBER: OC325696 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| TV Edwards LLP |

| TV Edwards LLP (Registered number: OC325696) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| General Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| TV Edwards LLP |

General Information

for the Year Ended 31 March 2025

| DESIGNATED MEMBERS: | J Overton

| REGISTERED OFFICE: | 35-37 Mile End Road

| London

| E1 4TP

| REGISTERED NUMBER: | OC325696 (England and Wales)

| ACCOUNTANTS: | Knights Lowe Chartered Accountants

| Eldo House

| Kempson Way

| Suffolk Business Park

| Bury St Edmunds

| Suffolk

| IP32 7AR

| TV Edwards LLP (Registered number: OC325696) |

Balance Sheet

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 38,316 |  | 41,508 |  |

CURRENT ASSETS

Work in progress | 1,618,080 |  | 1,517,308 |  |

Debtors | 6 | 882,188 |  | 944,024 |  |

Cash at bank and in hand | 169,774 |  | 156,013 |  |

2,670,042 |  | 2,617,345 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,018,723 |  | 1,172,498 |  |

NET CURRENT ASSETS | 1,651,319 |  | 1,444,847 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,689,635 |  | 1,486,355 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (24,466 | ) | (80,373 | ) |

PROVISIONS FOR LIABILITIES | (287,068 | ) | (220,096 | ) |

NET ASSETS ATTRIBUTABLE TO MEMBERS | 1,378,101 |  | 1,185,886 |  |

| TV Edwards LLP (Registered number: OC325696) |

Balance Sheet - continued

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 11 | 841,846 |  | 475,112 |  |

MEMBERS' OTHER INTERESTS

Capital accounts | 471,722 |  | 535,774 |  |

Other reserves | 64,533 |  | 175,000 |  |

1,378,101 |  | 1,185,886 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 11 | 841,846 |  | 475,112 |  |

Members' other interests | 536,255 |  | 710,774 |  |

Amounts due from members | 6 | - |  | (11,301 | ) |

1,378,101 |  | 1,174,585 |  |

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:

(a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 31 October 2025 and were signed by:

J Overton - Designated member

| TV Edwards LLP (Registered number: OC325696) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| TV Edwards LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. | STATEMENT OF COMPLIANCE

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared on the historical cost basis, as modified by the revaluation of

| certain financial assets and liabilities and investment properties measured at fair value through profit or

| loss.

| The financial statements are prepared in sterling, which is the functional currency of the entity.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax.

| Revenue is recognised as earned, when, and to the extent that, the firm obtains the right to consideration in exchange for its performance under these contracts. It is measured at the fair value of the right to consideration, with represents amounts chargeable to clients, including expenses and disbursements but excluding value added tax.

| Revenue is generally recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts the amount of revenue reflects the accrual for the right to consideration by reference to the value of work performed. Revenue not billed to clients is included in stock as work in progress and payments on account in excess of the relevant amount of revenue are included in creditors.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Improvements to property | - | 25% on cost

| Plant and machinery | - | 15% on cost

| Fixtures and fittings | - | 15% on cost

| Computer equipment | - | 25% on cost

| Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated

| depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair

| value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

| An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other

| comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of

| the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a

| result of revaluation, is recognised in other comprehensive income to the extent of any previously

| recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

| TV Edwards LLP (Registered number: OC325696) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

3. | ACCOUNTING POLICIES - continued

| Work in progress

| Work in progress is valued at the lower of cost and net realisable value.

| Financial instruments

| Financial assets and financial liabilities are recognised when the company becomes party to the contractual

| provisions of the instrument.

| Financial liabilities and equity instruments are classified according to the substance of the contractual

| arrangements entered into.

| Financial assets and liabilities:

| All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the transaction constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at market rate of interest for a similar debt instrument.

| Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the company intends to either settle on a net basis, or to realise the asset and settle the liability simultaneously.

| Debt instruments that are classified as payable or receivable within one year on initial recognition are measured at the undiscounted amount of cash or other consideration expected to be paid or received, net of impairment.

| Financial assets are derecognised when, and only when (a) the contractual rights to the cash flows from the financial asset expire or are settled, (b) the company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or (c) the company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

| Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

| Hire purchase and leasing commitments

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

| Pension costs and other post-retirement benefits

| Contributions to defined contribution plans are recognised as an expense in the period in which the related

| service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will

| lead to a reduction in future payments or a cash refund.

| When contributions are not expected to be settled wholly within 12 months of the end of the reporting date

| in which the employees render the related service, the liability is measured on a discounted present value

| basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which

| it arises.

| TV Edwards LLP (Registered number: OC325696) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

3. | ACCOUNTING POLICIES - continued

| Members' participation rights

| Members' participation rights are the rights of a member against the LLP that arise under the members'

| agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and

| profits).

| Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from

| the LLP's perspective, either a financial liability or equity, in accordance with Section 22 of FRS 102, 'The

| Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of

| the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. A member's

| participation right results in a liability unless the right to any payment is discretionary on the part of the

| LLP.

| Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as

| equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such

| an unconditional right, such amounts are classified as liabilities.

| Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to

| refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are

| therefore treated as an expense in the statement of comprehensive income in the relevant year. To the

| extent that they remain unpaid at the year end, they are shown as liabilities in the statement of financial

| position.

| Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP

| has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather

| than as an expense. They are therefore shown as a residual amount available for discretionary division

| among members in the statement of comprehensive income and are equity appropriations in the statement

| of financial position.

| Other amounts applied to members, for example remuneration paid under an employment contract and

| interest on capital balances, are treated in the same way as all other divisions of profits, as described above,

| according to whether the LLP has, in each case, an unconditional right to refuse payment.

| All amounts due to members that are classified as liabilities are presented in the statement of financial

| position within 'Loans and other debts due to members' and are charged to the statement of comprehensive

| income within 'Members' remuneration charged as an expense'. Amounts due to members that are classified

| as equity are shown in the statement of financial position within 'Members' other interests'.

| Impairment

| At each reporting date, goodwill and other fixed assets, including tangible fixed assets and investments but excluding investment properties, are assessed to determine whether there is an indication that the carrying amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is an indication of possible impairment, the recoverable amount of an asset, which is the higher of its value in use and its net realisable value, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is written down to its estimated recoverable amount and an impairment loss is recognised in the income statement.

| TV Edwards LLP (Registered number: OC325696) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

3. | ACCOUNTING POLICIES - continued

| Provisions

| Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event,

| it is probable that the entity will be required to transfer economic benefits in settlement and the amount of

| the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial

| position and the amount of the provision as an expense.

| Provisions are initially measured at the best estimate of the amount required to settle the obligation at the

| reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best

| estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts

| previously recognised are recognised in profit or loss unless the provision was originally recognised as part

| of the cost of an asset. When a provision is measured at the present value of the amount expected to be

| required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or

| loss in the period it arises.

4. | EMPLOYEE INFORMATION

| The average number of employees during the year was 108 (2024 - 108 ) .

5. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | Plant and |  | and |  | Computer |

| property |  | machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 April 2024 | 29,751 |  | 13,976 |  | 30,822 |  | 64,628 |  | 139,177 |  |

| Additions | - |  | - |  | - |  | 21,695 |  | 21,695 |  |

| At 31 March 2025 | 29,751 |  | 13,976 |  | 30,822 |  | 86,323 |  | 160,872 |  |

| DEPRECIATION

| At 1 April 2024 | 22,594 |  | 12,124 |  | 27,791 |  | 35,160 |  | 97,669 |  |

| Charge for year | 3,886 |  | 809 |  | 846 |  | 19,346 |  | 24,887 |  |

| At 31 March 2025 | 26,480 |  | 12,933 |  | 28,637 |  | 54,506 |  | 122,556 |  |

| NET BOOK VALUE

| At 31 March 2025 | 3,271 |  | 1,043 |  | 2,185 |  | 31,817 |  | 38,316 |  |

| At 31 March 2024 | 7,157 |  | 1,852 |  | 3,031 |  | 29,468 |  | 41,508 |  |

| All assets are pledged as security for the bank loans and overdrafts.

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 554,589 |  | 567,459 |  |

| Other debtors | 327,599 |  | 376,565 |  |

882,188 |  | 944,024 |  |

| TV Edwards LLP (Registered number: OC325696) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 155,111 |  | 175,738 |  |

| Trade creditors | 260,984 |  | 170,349 |  |

| Taxation and social security | 432,003 |  | 403,741 |  |

| Other creditors | 170,625 |  | 422,670 |  |

1,018,723 |  | 1,172,498 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 24,466 |  | 80,373 |  |

9. | LEASING AGREEMENTS

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

2025 | 2024 |

£ | £ |

| Within one year | 221,902 |  | 218,798 |  |

| Between one and five years | 138,085 |  | 319,527 |  |

359,987 |  | 538,325 |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank Loan | 99,204 |  | - |  |

| The company has a loan which is secured in the form of a fixed and floated charge over all the assets of the LLP present and future.

11. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| Loans and other debts due to members, other than members capital classified as debt, would rank last among other creditors in the event of winding up.

| No protections are afforded by the LLP to the other creditors.