REGISTERED NUMBER: 13535528 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

TE BRANDS LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr T Ellens

REGISTERED OFFICE:

Unit A2

Sapphire Court

Bromsgrove

West Midlands

B60 3FU

REGISTERED NUMBER:

13535528 (England and Wales)

ACCOUNTANTS:

MPS Accountancy Ltd

30 Greenbox

Westonhall Road

Stoke Prior

Bromsgrove

West Midlands

B60 4AL

INCORPORATED:

28th July 2021

FIXED ASSETS

Tangible assets

4

127,261

32,559

CURRENT ASSETS

Stocks

1,652,695

891,599

Debtors

61,252

49,524

Cash at bank

523,898

882,319

2,237,845

1,823,442

CREDITORS

Amounts falling due within one year

780,912

782,942

NET CURRENT ASSETS

1,456,933

1,040,500

TOTAL ASSETS LESS CURRENT LIABILITIES

1,584,194

1,073,059

CREDITORS

Amounts falling due after more than one year

(69,305

)

-

PROVISIONS FOR LIABILITIES

6

(31,816

)

(8,140

)

NET ASSETS

1,483,073

1,064,919

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

1,482,973

1,064,819

SHAREHOLDERS' FUNDS

1,483,073

1,064,919

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Income Statement and an abridged Balance Sheet for the year ended 31 July 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 3 March 2026 and were signed by:

Mr T Ellens - Director

1.	STATUTORY INFORMATION

Te Brands Ltd 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 11 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2024

42,708

Additions

113,750

At 31 July 2025

156,458

DEPRECIATION

At 1 August 2024

10,149

Charge for year

19,048

At 31 July 2025

29,197

NET BOOK VALUE

At 31 July 2025

127,261

At 31 July 2024

32,559

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

Additions

104,256

At 31 July 2025

104,256

DEPRECIATION

Charge for year

8,978

At 31 July 2025

8,978

NET BOOK VALUE

At 31 July 2025

95,278

5.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.7.25

31.7.24

£

£

Net obligations repayable:

Within one year

9,752

-

Between one and five years

69,305

-

79,057

-

Non-cancellable

operating leases

31.7.25

31.7.24

£

£

Within one year

68,469

68,469

Between one and five years

19,993

88,462

88,462

156,931

The total lease payments recognised as an expense during the year were £68,469.

6.	PROVISIONS FOR LIABILITIES

31.7.25

31.7.24

£

£

Deferred tax

31,816

8,140

Deferred

tax

£

Balance at 1 August 2024

8,140

Provided during year

23,676

Balance at 31 July 2025

31,816

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

1,000

Ordinary

10p

100

100