REGISTERED NUMBER: 15964285 (England and Wales)

THEVA SPIRIT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

18TH SEPTEMBER 2024 TO 30TH SEPTEMBER 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

Miss J Hastie-Davies

SECRETARY:

REGISTERED OFFICE:

16 Lambourne Crescent

Cardiff Business Park

Llanishen

Cardiff

CF14 5GF

REGISTERED NUMBER:

15964285 (England and Wales)

ACCOUNTANTS:

Johns Jones & Lo Limited

Chartered Accountants & Registered Auditors

16 Lambourne Crescent

Cardiff Business Park

Llanishen

Cardiff

CF14 5GF

FIXED ASSETS

Intangible assets

4

9,450

Tangible assets

5

2,476

11,926

CURRENT ASSETS

Stocks

963

Debtors

6

60,484

Cash at bank

9,413

70,860

CREDITORS

Amounts falling due within one year

7

81,489

NET CURRENT LIABILITIES

(10,629

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,297

PROVISIONS FOR LIABILITIES

8

530

NET ASSETS

767

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

667

767

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30th September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16th June 2026 and were signed by:

Miss J Hastie-Davies - Director

1.	STATUTORY INFORMATION

THEVA SPIRIT 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

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 period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

Additions

3,000

6,750

9,750

At 30th September 2025

3,000

6,750

9,750

AMORTISATION

Charge for period

300

-

300

At 30th September 2025

300

-

300

NET BOOK VALUE

At 30th September 2025

2,700

6,750

9,450

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

2,659

At 30th September 2025

2,659

DEPRECIATION

Charge for period

183

At 30th September 2025

183

NET BOOK VALUE

At 30th September 2025

2,476

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

60,484

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

(1

)

Taxation and social security

75,647

Other creditors

5,843

81,489

8.	PROVISIONS FOR LIABILITIES

£

Deferred tax

Accelerated capital allowances

530

Deferred

tax

£

Charge to Income Statement during period

530

Balance at 30th September 2025

530

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30th September 2025:

£

Miss J Hastie-Davies

Balance outstanding at start of period

-

Amounts advanced

62,132

Amounts repaid

(61,108

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

1,024