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Registered number: 11039604
TLC The Lions Club Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
striveX Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11039604
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 371 430
Tangible Assets 5 40,230 57,998
40,601 58,428
CURRENT ASSETS
Debtors 6 259,749 202,653
Cash at bank and in hand 204,462 71,954
464,211 274,607
Creditors: Amounts Falling Due Within One Year 7 (221,092 ) (182,443 )
NET CURRENT ASSETS (LIABILITIES) 243,119 92,164
TOTAL ASSETS LESS CURRENT LIABILITIES 283,720 150,592
Creditors: Amounts Falling Due After More Than One Year 8 (48,913 ) (33,173 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (12,485 )
NET ASSETS 234,807 104,934
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Other reserves (148,401 ) (148,401 )
Profit and Loss Account 382,208 252,335
SHAREHOLDERS' FUNDS 234,807 104,934
Page 1
Page 2
For the 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.
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 Gian Power
Director
24/09/2026
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
TLC The Lions Club Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11039604 . The registered office is 7 Bell Yard, London, WC2A 2JR.
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 returns, 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 relate to Trademarks that are amortised at 10% straight line.
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:
Motor Vehicles 25% Straight line
Computer Equipment 20% Straight line
2.5. Financial Instruments
The company holds basic financial instruments as defined in FRS 102 Section 1A. The financial instruments include cash at bank and in hand, trade debtors, trade creditors, and loans receivable/payable.
Basic financial instruments are initially measured at transaction price, including transaction costs.
2.6. 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.
2.7. 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.
...CONTINUED
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2.7. Taxation - continued
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 year, 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 5)
7 5
4. Intangible Assets
Other
£
Cost
As at 1 January 2025 590
As at 31 December 2025 590
Amortisation
As at 1 January 2025 160
Provided during the period 59
As at 31 December 2025 219
Net Book Value
As at 31 December 2025 371
As at 1 January 2025 430
5. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 January 2025 73,012 11,780 84,792
Additions - 3,462 3,462
Disposals - (2,227 ) (2,227 )
As at 31 December 2025 73,012 13,015 86,027
Depreciation
As at 1 January 2025 19,531 7,263 26,794
Provided during the period 18,253 2,977 21,230
Disposals - (2,227 ) (2,227 )
As at 31 December 2025 37,784 8,013 45,797
Net Book Value
As at 31 December 2025 35,228 5,002 40,230
As at 1 January 2025 53,481 4,517 57,998
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Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 147,244 119,582
Other debtors 112,505 83,071
259,749 202,653
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 6,849 39,464
Other creditors 60,024 64,653
Taxation and social security 154,219 78,326
221,092 182,443
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 48,913 33,173
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
10. Directors Advances, Credits and Guarantees
Included within debtors are the following loans to directors:
As at 1 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 December 2025
£ £ £ £ £
Mr Gian Power 65,445 105,212 100,736 - 69,921
The above loan is unsecured and repayable on demand, interest has been charged at the HMRC official rate of 3.75%.
11. Related Party Transactions
At the balance sheet date, the company owed £48,913 to a company under common control.
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