Tap Cap Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 15247406

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		167		-

			167		-
CURRENT ASSETS
Debtors	5	176		-
Cash at bank and in hand		1,675		1

		1,851		1
Creditors: Amounts Falling Due Within One Year	6	(2,628 )		-

NET CURRENT ASSETS (LIABILITIES)			(777 )		1

TOTAL ASSETS LESS CURRENT LIABILITIES			(610 )		1

NET (LIABILITIES)/ASSETS			(610 )		1

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			(611 )		-

SHAREHOLDERS' FUNDS			(610)		1

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Tap Cap Ltd

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

Mr N A Locke

Director

11 June 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Tap Cap Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15247406 . The registered office is 8 Glendale, Swanmore, Southampton, Hampshire, SO32 2QY.

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. Going Concern Disclosure

The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

This is due to the continued support of the director, which results in the company meeting its day-to-day working capital requirements and the director expects this to continue for at least one year from the date of signing these financial statements.

If the going concern basis was not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise, and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

2.3. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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

Straight line over 3 years

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Tap Cap Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

2.5. 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 debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Short term creditors are measured at the transaction price.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 November 2024	-
Additions	250

As at 31 October 2025	250

Depreciation
As at 1 November 2024	-
Provided during the period	83

As at 31 October 2025	83

Net Book Value
As at 31 October 2025	167

As at 1 November 2024	-

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	176	-

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Tap Cap Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	2,628	-

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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