Tewlip Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10956097

Tewlip Ltd

Filleted Unaudited Abridged Financial Statements

30 April 2025

Tewlip Ltd

Abridged Statement of Financial Position

30 April 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	1,011	853

Current assets

Debtors	1,861	1,579
Cash at bank and in hand	59,787	60,940
	--------	--------
	61,648	62,519

Creditors: amounts falling due within one year	26,976	25,118
	--------	--------
Net current assets	34,672	37,401
	--------	--------
Total assets less current liabilities	35,683	38,254

Provisions	490	–
	--------	--------
Net assets	35,193	38,254
	--------	--------

Capital and reserves

Called up share capital	2	2
Profit and loss account	35,191	38,252
	--------	--------
Shareholders funds	35,193	38,254
	--------	--------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Tewlip Ltd

Abridged Statement of Financial Position (continued)

30 April 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 2 January 2026 , and are signed on behalf of the board by:

Mr P O'Brien	Mrs L O'Brien
Director	Director

Company registration number: 10956097

Tewlip Ltd

Notes to the Abridged Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Hallside Park, Knutsford, Cheshire, WA16 8NQ, United Kingdom.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Revenue recognition

Turnover represents fees receivable for services rendered and expenses recoverable from clients and is stated net of Value Added Tax where applicable. Fees are recognised on a strict time basis as work on the services is completed and is generally invoiced to clients on a monthly basis along with the associated recoverable expenses.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax that is recognised on taxable profit for the current and past periods and is measured at the amounts of tax expected to be payable or recoverable using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less, or to receive more tax. Deferred tax is measured on an undiscounted basis using the tax rates and laws that are expected to apply in thge periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Computer Equipment	-	25% straight line

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 2 ).

5. Tangible assets

	£
Cost
At 1 May 2024	2,145
Additions	714
	-------
At 30 April 2025	2,859
	-------
Depreciation
At 1 May 2024	1,292
Charge for the year	556
	-------
At 30 April 2025	1,848
	-------
Carrying amount
At 30 April 2025	1,011
	-------
At 30 April 2024	853
	-------

6. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	3,778	–
Later than 1 year and not later than 5 years	4,092	–
	-------	----
	7,870	–
	-------	----