Company No: 03123013 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	RM Gendle
	JR Moore

SECRETARY

JR Moore

REGISTERED OFFICE	Ground Floor Keble House
	Southernhay Gardens
	Exeter
	EX1 1NT
	United Kingdom

COMPANY NUMBER

03123013 (England and Wales)

ACCOUNTANT	Gravita Western Limited
	Keble House
	Southernhay Gardens
	Exeter
	EX1 1NT
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	1,709		1,590
		1,709		1,590
Current assets
Stocks		900		900
Debtors	4	41,335		37,976
Cash at bank and in hand		52,482		56,241
		94,717		95,117
Creditors: amounts falling due within one year	5	( 50,866)		( 53,223)
Net current assets		43,851		41,894
Total assets less current liabilities		45,560		43,484
Creditors: amounts falling due after more than one year	6	0		( 4,167)
Provision for liabilities		( 261)		( 400)
Net assets		45,299		38,917
Capital and reserves
Called-up share capital		100		100
Profit and loss account		45,199		38,817
Total shareholders' funds		45,299		38,917

For the financial year ending 31 December 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Comprehensive Income has not been delivered.

The financial statements of Typecover Limited (registered number: 03123013) were approved and authorised for issue by the Board of Directors on 10 June 2026. They were signed on its behalf by:

JR Moore Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Typecover 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.

The financial statements have been prepared under the historical cost convention, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents amounts chargeable, net of value added tax , in respect of the sale of services to customers.

Taxation

Current tax
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.

Tangible fixed assets

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

Computer equipment

5 years straight line

Stocks

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling costs less anticipated costs to completion and selling costs

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidence a residual interest in the assets of the company after deducting all of its liabilities.

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.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	20		21

3. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 January 2025	4,748		4,748
Additions	666		666
At 31 December 2025	5,414		5,414
Accumulated depreciation
At 01 January 2025	3,158		3,158
Charge for the financial year	547		547
At 31 December 2025	3,705		3,705
Net book value
At 31 December 2025	1,709		1,709
At 31 December 2024	1,590		1,590

4. Debtors

	2025		2024
	£		£
Trade debtors	28,809		25,602
Other debtors	12,526		12,374
	41,335		37,976

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	4,167		10,000
Trade creditors	872		950
Taxation and social security	31,826		31,497
Other creditors	14,001		10,776
	50,866		53,223

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		4,167

There are no amounts included above in respect of which any security has been given by the small entity.

7. Related party transactions

Included in debtors within one year is an amount due to the company from a non-director shareholder of £6,570 (2024 £6,534). This has been repaid in full since the year end.

Interest has been charged at the official rate and the loan is repayable on demand.