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Registered number: 13857943
TE Digital Limited
Unaudited Financial Statements
For the Period 1 July 2024 to 31 December 2025
Thriveworks Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13857943
31 December 2025 30 June 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 30,336 575,899
Tangible Assets 5 89,103 39,923
119,439 615,822
CURRENT ASSETS
Debtors 6 3,988,114 1,644,431
Cash at bank and in hand 946,805 523,054
4,934,919 2,167,485
Creditors: Amounts Falling Due Within One Year 7 (3,713,787 ) (1,622,464 )
NET CURRENT ASSETS (LIABILITIES) 1,221,132 545,021
TOTAL ASSETS LESS CURRENT LIABILITIES 1,340,571 1,160,843
PROVISIONS FOR LIABILITIES
Deferred Taxation (22,276 ) -
NET ASSETS 1,318,295 1,160,843
CAPITAL AND RESERVES
Called up share capital 8 104 104
Share premium account 119,996 119,996
Profit and Loss Account 1,198,195 1,040,743
SHAREHOLDERS' FUNDS 1,318,295 1,160,843
Page 1
Page 2
For the period ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Kelley Walton
Director
21/05/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
TE Digital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13857943 . The registered office is 27 Copperfield Street, Ground Floor, London, SE1 0EN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are amortised to the profit and loss account over the estimated economic life of 2 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 5 years
Fixtures & Fittings 15 years
Computer Equipment 5 years
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the period was: 72 (2024: 63)
72 63
4. Intangible Assets
Other
£
Cost
As at 1 July 2024 813,034
Additions 60,672
As at 31 December 2025 873,706
Amortisation
As at 1 July 2024 237,135
Provided during the period 606,235
As at 31 December 2025 843,370
Net Book Value
As at 31 December 2025 30,336
As at 1 July 2024 575,899
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2024 40,340 - 416 40,756
Additions 21,092 2,664 55,161 78,917
As at 31 December 2025 61,432 2,664 55,577 119,673
Depreciation
As at 1 July 2024 816 - 17 833
Provided during the period 16,680 133 12,924 29,737
As at 31 December 2025 17,496 133 12,941 30,570
Net Book Value
As at 31 December 2025 43,936 2,531 42,636 89,103
As at 1 July 2024 39,524 - 399 39,923
Page 4
Page 5
6. Debtors
31 December 2025 30 June 2024
£ £
Due within one year
Trade debtors 3,761,614 1,625,967
Prepayments and accrued income 209,924 18,464
Other debtors 500 -
Corporation tax recoverable assets 16,076 -
3,988,114 1,644,431
7. Creditors: Amounts Falling Due Within One Year
31 December 2025 30 June 2024
£ £
Trade creditors 159,205 76,679
Corporation tax - 322,178
Other taxes and social security 231,969 272,113
VAT 819,434 650,311
Other creditors 92,152 -
Accruals and deferred income 2,255,757 79,170
Directors' loan accounts 155,270 222,013
3,713,787 1,622,464
8. Share Capital
31 December 2025 30 June 2024
£ £
Allotted, Called up and fully paid 104 104
Page 5