IRIS Accounts Production v26.1.0.639 02715789 director 1.7.24 30.6.25 30.6.25 false true false false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02715789 2024-06-30 02715789 2025-06-30 02715789 2024-07-01 2025-06-30 02715789 2023-06-30 02715789 2023-07-01 2024-06-30 02715789 2024-06-30 02715789 ns15:EnglandWales 2024-07-01 2025-06-30 02715789 ns14:PoundSterling 2024-07-01 2025-06-30 02715789 ns10:Director1 2024-07-01 2025-06-30 02715789 ns10:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 02715789 ns10:SmallEntities 2024-07-01 2025-06-30 02715789 ns10:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 02715789 ns10:SmallCompaniesRegimeForDirectorsReport 2024-07-01 2025-06-30 02715789 ns10:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 02715789 ns10:FullAccounts 2024-07-01 2025-06-30 02715789 1 2024-07-01 2025-06-30 02715789 ns10:OrdinaryShareClass1 2024-07-01 2025-06-30 02715789 ns5:CurrentFinancialInstruments 2025-06-30 02715789 ns5:CurrentFinancialInstruments 2024-06-30 02715789 ns5:Non-currentFinancialInstruments 2025-06-30 02715789 ns5:Non-currentFinancialInstruments 2024-06-30 02715789 ns5:ShareCapital 2025-06-30 02715789 ns5:ShareCapital 2024-06-30 02715789 ns5:RetainedEarningsAccumulatedLosses 2025-06-30 02715789 ns10:RegisteredOffice 2024-07-01 2025-06-30 02715789 ns5:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-06-30 02715789 ns5:PlantMachinery 2024-07-01 2025-06-30 02715789 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-06-30 02715789 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-07-01 2025-06-30 02715789 ns5:PatentsTrademarksLicencesConcessionsSimilar 2025-06-30 02715789 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-06-30 02715789 ns5:PlantMachinery 2024-06-30 02715789 ns5:PlantMachinery 2025-06-30 02715789 ns5:PlantMachinery 2024-06-30 02715789 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-06-30 02715789 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-06-30 02715789 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-06-30 02715789 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-06-30 02715789 ns5:DeferredTaxation 2024-06-30 02715789 ns5:DeferredTaxation 2024-07-01 2025-06-30 02715789 ns5:DeferredTaxation 2025-06-30 02715789 ns10:OrdinaryShareClass1 2025-06-30

REGISTERED NUMBER: 02715789 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 JUNE 2025

FOR

ESPRESSO T.V. LIMITED

| ESPRESSO T.V. LIMITED (REGISTERED NUMBER: 02715789) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Page |

| Balance Sheet | 1 |

| Notes to the Financial Statements | 3 |

| ESPRESSO T.V. LIMITED (REGISTERED NUMBER: 02715789) |

BALANCE SHEET

30 JUNE 2025

| 2025 | 2024 |

| as restated |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 5 | 21,918 |  | 24,354 |  |

Tangible assets | 6 | 1,864 |  | 2,330 |  |

23,782 |  | 26,684 |  |

CURRENT ASSETS

Stocks | 3,173 |  | 3,173 |  |

Debtors | 7 | 636,902 |  | 751,151 |  |

Cash at bank and in hand | 315,007 |  | 305,621 |  |

955,082 |  | 1,059,945 |  |

CREDITORS

Amounts falling due within one year | 8 | 1,113,321 |  | 1,230,912 |  |

NET CURRENT LIABILITIES | (158,239 | ) | (170,967 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (134,457 | ) | (144,283 | ) |

CREDITORS

Amounts falling due after more than one year | 9 | - |  | (9,913 | ) |

PROVISIONS FOR LIABILITIES | 10 | (466 | ) | (582 | ) |

NET LIABILITIES | (134,923 | ) | (154,778 | ) |

CAPITAL AND RESERVES

Called up share capital | 11 | 40,000 |  | 40,000 |  |

Retained earnings | (174,923 | ) | (194,778 | ) |

SHAREHOLDERS' FUNDS | (134,923 | ) | (154,778 | ) |

| ESPRESSO T.V. LIMITED (REGISTERED NUMBER: 02715789) |

BALANCE SHEET - continued

30 JUNE 2025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Profit and Loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 April 2026 and were signed by:

Mr D R Hooper - Director

| ESPRESSO T.V. LIMITED (REGISTERED NUMBER: 02715789) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1. | STATUTORY INFORMATION

| Espresso T.V. Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 02715789

| Registered office: | 9 York Villas

| Brighton

| BN1 3TS

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 Companies Act 2006.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| 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.

| Intangible assets

| Separately acquired trademarks and licences are shown at historical cost.

| Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.

| Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

| Amortisation

| Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

| Programme rights - 10% on reducing balance

| Tangible fixed assets

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

| Plant and machinery | - | 20% on reducing balance

| All fixed assets are initially recorded at cost.

| ESPRESSO T.V. LIMITED (REGISTERED NUMBER: 02715789) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

3. | ACCOUNTING POLICIES - continued

| Stocks

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

| Financial instruments

| The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities, like trade and other accounts receivable and payable, loans from banks and other third parties and loans to / from related parties.

| Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted transaction price less any impairment.

| If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

| For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of the estimated cash flows discounted at the asset's original effective rate.

| For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

| Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet and measured as detailed above.

| Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

| Finance costs are charged to the profit and loss over the term of the financial asset / liability using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

| ESPRESSO T.V. LIMITED (REGISTERED NUMBER: 02715789) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

3. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, 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.

| Going concern

| The accounts have been prepared on a going concern basis not withstanding the excess of current liabilities over current assets. The director has confirmed his intention to continue his support to the company for the foreseeable future.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 6 (2024 - 7 ) .

| ESPRESSO T.V. LIMITED (REGISTERED NUMBER: 02715789) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

5. | INTANGIBLE FIXED ASSETS

| Programme

| rights

£ |

| COST

| At 1 July 2024

| and 30 June 2025 | 111,846 |  |

| AMORTISATION

| At 1 July 2024 | 87,492 |  |

| Amortisation for year | 2,436 |  |

| At 30 June 2025 | 89,928 |  |

| NET BOOK VALUE

| At 30 June 2025 | 21,918 |  |

| At 30 June 2024 | 24,354 |  |

6. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

£ |

| COST

| At 1 July 2024

| and 30 June 2025 | 30,136 |  |

| DEPRECIATION

| At 1 July 2024 | 27,806 |  |

| Charge for year | 466 |  |

| At 30 June 2025 | 28,272 |  |

| NET BOOK VALUE

| At 30 June 2025 | 1,864 |  |

| At 30 June 2024 | 2,330 |  |

| ESPRESSO T.V. LIMITED (REGISTERED NUMBER: 02715789) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

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

2025 | 2024 |

| as | restated |

£ | £ |

| Trade debtors | 553,348 |  | 413,708 |  |

| Other debtors | - |  | 1,602 |  |

| VAT | - |  | 12,631 |  |

| Prepayments and accrued income | 83,554 |  | 323,210 |  |

636,902 |  | 751,151 |  |

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

2025 | 2024 |

| as | restated |

£ | £ |

| Bank loans and overdrafts | 13,130 |  | 10,000 |  |

| Trade creditors | 335,448 |  | 291,365 |  |

| Corporation tax | 5,819 |  | 237 |  |

| PAYE and social security | 1,528 |  | 5,322 |  |

| VAT | 20,267 |  | - |  |

| Other creditors | 4,537 |  | 4,951 |  |

| Director's current account | 356,697 |  | 416,183 |  |

| Accruals and deferred income | 375,895 |  | 502,854 |  |

1,113,321 |  | 1,230,912 |  |

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

2025 | 2024 |

| as | restated |

£ | £ |

| Bank loans - 2-5 years | - |  | 9,913 |  |

10. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

| as | restated |

£ | £ |

| Deferred tax | 466 |  | 582 |  |

| ESPRESSO T.V. LIMITED (REGISTERED NUMBER: 02715789) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

10. | PROVISIONS FOR LIABILITIES - continued

| Deferred |

| tax |

£ |

| Balance at 1 July 2024 | 582 |  |

| Provided during year | (116 | ) |

| Balance at 30 June 2025 | 466 |  |

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: |  | as restated |

£ | £ |

| 40,000 | Ordinary | £1 | 40,000 |  | 40,000 |  |