REGISTERED NUMBER: 07885078 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 31 DECEMBER 2023 TO 31 DECEMBER 2024

FOR

TEA FOR TWO LIMITED

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Notes to the Financial Statements

5

Report of the Accountants

8

DIRECTORS:

Mr R A Hayward

Mrs A J Hayward

REGISTERED OFFICE:

584 Wellsway

Bath

Somerset

BA2 2UE

REGISTERED NUMBER:

07885078 (England and Wales)

ACCOUNTANTS:

SMH Taxation and Accountancy Ltd

16 Kipling Avenue

Bath

Somerset

BA2 4RB

The directors present their report with the financial statements of the company for the period 31 December 2023 to 31 December 2024.

DIRECTORS

The directors shown below have held office during the whole of the period from 31 December 2023 to the date of this report.

Mr R A Hayward

Mrs A J Hayward

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr R A Hayward - Director

3 December 2025

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

7,121

4,157

Investments

6

-

54,986

7,121

59,143

CURRENT ASSETS

Stocks

3,250

2,250

Debtors

7

18,230

35,727

Cash at bank and in hand

9,052

28,163

30,532

66,140

CREDITORS

Amounts falling due within one year

8

(78,604

)

(131,964

)

NET CURRENT LIABILITIES

(48,072

)

(65,824

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(40,951

)

(6,681

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(41,051

)

(6,781

)

(40,951

)

(6,681

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

Mrs A J Hayward - Director

1.	STATUTORY INFORMATION

Tea for Two Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2023 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 31 December 2023

and 31 December 2024

30,000

AMORTISATION

At 31 December 2023

and 31 December 2024

30,000

NET BOOK VALUE

At 31 December 2024

-

At 30 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 31 December 2023

15,871

Additions

5,338

At 31 December 2024

21,209

DEPRECIATION

At 31 December 2023

11,714

Charge for period

2,374

At 31 December 2024

14,088

NET BOOK VALUE

At 31 December 2024

7,121

At 30 December 2023

4,157

6.	FIXED ASSET INVESTMENTS

Loans to

group

undertakings

£

At 31 December 2023

54,986

New in year

(54,986

)

At 31 December 2024

-

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

8,935

8,935

Directors' current accounts

9,295

26,792

18,230

35,727

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

24,082

31,240

Trade creditors

10,726

35,603

Tax

6,986

9,213

Social security and other taxes

23,536

17,433

VAT

13,274

32,018

Directors' current accounts

-

1,244

Accruals and deferred income

-

5,213

78,604

131,964

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 December 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

SMH Taxation and Accountancy Ltd

16 Kipling Avenue

Bath

Somerset

BA2 4RB

Date: .............................................