REGISTERED NUMBER: 13096602 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

TIVITI LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N M Harrison

REGISTERED OFFICE:

Seven Stars House

1 Wheler Road

Coventry

West Midlands

CV3 4LB

REGISTERED NUMBER:

13096602 (England and Wales)

FIXED ASSETS

Intangible assets

4

43,719

209,927

Tangible assets

5

2,195

3,113

45,914

213,040

CURRENT ASSETS

Debtors

26,634

38,480

Cash at bank

67,764

22,500

94,398

60,980

CREDITORS

Amounts falling due within one year

3,892,435

3,673,335

NET CURRENT LIABILITIES

(3,798,037

)

(3,612,355

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,752,123

)

(3,399,315

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(3,752,223

)

(3,399,415

)

(3,752,123

)

(3,399,315

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 November 2025 and were signed by:

N M Harrison - Director

1.	STATUTORY INFORMATION

Tiviti 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

The principal accounting policies adopted in the preparation of the financial statements are set out below.

The company has made a pre-tax loss of £350,659 (2024: £379,170) . Net current liabilities at the period end amounted to £3,612,335. As shown on the balance sheet, the company had overall net liabilities at the year end of £3,749,974 (2024: £3,399,315) . The director believes that the going concern basis of accounts preparation is appropriate, as the company can rely on the support of its parent undertaking, CJCL Investments Ltd.

Turnover

Turnover comprises the value of sales (net of value added tax) of services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

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.

Computer software is being amortised evenly over its estimated useful life of two years.

Tangible fixed assets

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

Fixtures & fittings

-

25% on reducing balance

Computer equipment

-

25% on cost

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.

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

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 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

587,089

AMORTISATION

At 1 April 2024

377,162

Amortisation for year

166,208

At 31 March 2025

543,370

NET BOOK VALUE

At 31 March 2025

43,719

At 31 March 2024

209,927

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

9,929

DEPRECIATION

At 1 April 2024

6,816

Charge for year

918

At 31 March 2025

7,734

NET BOOK VALUE

At 31 March 2025

2,195

At 31 March 2024

3,113

6.	PENSION COMMITMENTS

As at the year end, the pension contributions outstanding totalled £NIL (2024 - 473)