TV TECHNOLOGIES LIMITED

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S M Estabrooks

SECRETARY:

G D Estabrooks

REGISTERED OFFICE:

118 Cleveland Street

Birkenhead

Wirral

CH41 3RB

REGISTERED NUMBER:

03854266 (England and Wales)

FIXED ASSETS

Tangible assets

4

100,012

126,831

Investments

5

1

1

100,013

126,832

CURRENT ASSETS

Stocks

17,582

121,749

Debtors

6

837,952

745,024

Cash at bank and in hand

440,149

53,719

1,295,683

920,492

CREDITORS

Amounts falling due within one year

7

1,102,354

783,711

NET CURRENT ASSETS

193,329

136,781

TOTAL ASSETS LESS CURRENT LIABILITIES

293,342

263,613

CREDITORS

Amounts falling due after more than one year

8

(90,618

)

(56,999

)

PROVISIONS FOR LIABILITIES

(24,654

)

(28,660

)

NET ASSETS

178,070

177,954

CAPITAL AND RESERVES

Called up share capital

1,006

1,006

Retained earnings

177,064

176,948

178,070

177,954

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 17th December 2025 and were signed by:

S M Estabrooks - Director

1.	STATUTORY INFORMATION

TV Technologies 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.

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

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.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year 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 year 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.

Pension costs and other post-retirement benefits

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st April 2024

139,586

71,884

211,470

Additions

-

5,587

5,587

At 31st March 2025

139,586

77,471

217,057

DEPRECIATION

At 1st April 2024

54,043

30,596

84,639

Charge for year

21,386

11,020

32,406

At 31st March 2025

75,429

41,616

117,045

NET BOOK VALUE

At 31st March 2025

64,157

35,855

100,012

At 31st March 2024

85,543

41,288

126,831

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st April 2024

and 31st March 2025

1

NET BOOK VALUE

At 31st March 2025

1

At 31st March 2024

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

661,373

573,185

Other debtors

176,579

171,839

837,952

745,024

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

39,051

5,718

Hire purchase contracts

13,171

30,807

Trade creditors

524,739

288,381

Taxation and social security

294,567

107,900

Other creditors

230,826

350,905

1,102,354

783,711

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

80,088

33,029

Hire purchase contracts

10,530

23,970

90,618

56,999

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

4,440

10,158

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

119,139

38,747

Hire purchase contracts

23,701

54,777

142,840

93,524

Hire purchase contracts are secured on the assets acquired.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2025 and 31st March 2024:

2025

2024

£

£

S M Estabrooks

Balance outstanding at start of year

27,707

24,700

Amounts advanced

4,554

3,007

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

32,261

27,707