TANEBERROW LIMITED


Director	LASCELLES, Mary Louise


Registered Address	St Denys House
	22 East Hill
	St. Austell
	PL25 4TR


Place of Business	The Old Garage
	Peterville Square
	Peterville
	St. Agnes
	TR5 0QU


Registered Number	02953585 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		2,100		2,799
			2,100		2,799
Current assets
Stocks	5	14,000		12,500
Debtors	6	1,581		2,999
Cash at bank and on hand		5,901		8,727
		21,482		24,226
Creditors amounts falling due within one year	7	(12,173)		(15,114)
Net current assets (liabilities)			9,309		9,112
Total assets less current liabilities			11,409		11,911
Creditors amounts falling due after one year	8		(6,000)		(6,000)
Net assets			5,409		5,911
Capital and reserves
Called up share capital			200		200
Profit and loss account			5,209		5,711
Shareholders' funds			5,409		5,911

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 29 April 2026, and are signed on its behalf by:

LASCELLES, Mary Louise
Director
Registered Company No. 02953585

TANEBERROW LIMITED

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	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.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Goodwill has already been amortised in full in prior periods.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Land and buildings	25
	Plant and machinery	25
	Office Equipment	25

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 January 25	8,000	8,000
At 31 December 25	8,000	8,000
Amortisation and impairment
At 01 January 25	8,000	8,000
At 31 December 25	8,000	8,000
Net book value
At 31 December 25	-	-
At 31 December 24	-	-

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 January 25	19,069	112,598	4,941	136,608
At 31 December 25	19,069	112,598	4,941	136,608
Depreciation and impairment
At 01 January 25	18,976	111,298	3,535	133,809
Charge for year	23	325	351	699
At 31 December 25	18,999	111,623	3,886	134,508
Net book value
At 31 December 25	70	975	1,055	2,100
At 31 December 24	93	1,300	1,406	2,799

5.	Stocks

	2025	2024
	£	£
Other stocks	14,000	12,500
Total	14,000	12,500

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	187	1,291
Other debtors	1,180	1,314
Prepayments and accrued income	214	394
Total	1,581	2,999

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	1,916	2,781
Taxation and social security	2,676	188
Other creditors	4,685	9,844
Accrued liabilities and deferred income	2,896	2,301
Total	12,173	15,114

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	6,000	6,000
Total	6,000	6,000