2024-12-012025-12-312025-12-31false15278244TE FINANCE LIMITED2026-09-2564929falseiso4217:GBPxbrli:pure152782442024-11-30152782442025-12-31152782442024-12-012025-12-31152782442023-11-12152782442024-11-30152782442023-11-132024-11-3015278244bus:SmallEntities2024-12-012025-12-3115278244bus:AuditExempt-NoAccountantsReport2024-12-012025-12-3115278244bus:FullAccounts2024-12-012025-12-3115278244bus:PrivateLimitedCompanyLtd2024-12-012025-12-3115278244core:WithinOneYear2025-12-3115278244core:AfterOneYear2025-12-3115278244core:WithinOneYear2024-11-3015278244core:AfterOneYear2024-11-3015278244core:ShareCapital2025-12-3115278244core:SharePremium2025-12-3115278244core:RevaluationReserve2025-12-3115278244core:OtherReservesSubtotal2025-12-3115278244core:RetainedEarningsAccumulatedLosses2025-12-3115278244core:ShareCapital2024-11-3015278244core:SharePremium2024-11-3015278244core:RevaluationReserve2024-11-3015278244core:OtherReservesSubtotal2024-11-3015278244core:RetainedEarningsAccumulatedLosses2024-11-3015278244core:LandBuildings2025-12-3115278244core:PlantMachinery2025-12-3115278244core:Vehicles2025-12-3115278244core:FurnitureFittings2025-12-3115278244core:OfficeEquipment2025-12-3115278244core:NetGoodwill2025-12-3115278244core:IntangibleAssetsOtherThanGoodwill2025-12-3115278244core:ListedExchangeTraded2025-12-3115278244core:UnlistedNon-exchangeTraded2025-12-3115278244core:LandBuildings2024-11-3015278244core:PlantMachinery2024-11-3015278244core:Vehicles2024-11-3015278244core:FurnitureFittings2024-11-3015278244core:OfficeEquipment2024-11-3015278244core:NetGoodwill2024-11-3015278244core:IntangibleAssetsOtherThanGoodwill2024-11-3015278244core:ListedExchangeTraded2024-11-3015278244core:UnlistedNon-exchangeTraded2024-11-3015278244core:LandBuildings2024-12-012025-12-3115278244core:PlantMachinery2024-12-012025-12-3115278244core:Vehicles2024-12-012025-12-3115278244core:FurnitureFittings2024-12-012025-12-3115278244core:OfficeEquipment2024-12-012025-12-3115278244core:NetGoodwill2024-12-012025-12-3115278244core:IntangibleAssetsOtherThanGoodwill2024-12-012025-12-3115278244core:ListedExchangeTraded2024-12-012025-12-3115278244core:UnlistedNon-exchangeTraded2024-12-012025-12-3115278244core:MoreThanFiveYears2024-12-012025-12-3115278244core:Non-currentFinancialInstruments2025-12-3115278244core:Non-currentFinancialInstruments2024-11-3015278244dpl:CostSales2024-12-012025-12-3115278244dpl:DistributionCosts2024-12-012025-12-3115278244core:LandBuildings2024-12-012025-12-3115278244core:PlantMachinery2024-12-012025-12-3115278244core:Vehicles2024-12-012025-12-3115278244core:FurnitureFittings2024-12-012025-12-3115278244core:OfficeEquipment2024-12-012025-12-3115278244dpl:AdministrativeExpenses2024-12-012025-12-3115278244core:NetGoodwill2024-12-012025-12-3115278244core:IntangibleAssetsOtherThanGoodwill2024-12-012025-12-3115278244dpl:GroupUndertakings2024-12-012025-12-3115278244dpl:ParticipatingInterests2024-12-012025-12-3115278244dpl:GroupUndertakingscore:ListedExchangeTraded2024-12-012025-12-3115278244core:ListedExchangeTraded2024-12-012025-12-3115278244dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2024-12-012025-12-3115278244core:UnlistedNon-exchangeTraded2024-12-012025-12-3115278244dpl:CostSales2023-11-132024-11-3015278244dpl:DistributionCosts2023-11-132024-11-3015278244core:LandBuildings2023-11-132024-11-3015278244core:PlantMachinery2023-11-132024-11-3015278244core:Vehicles2023-11-132024-11-3015278244core:FurnitureFittings2023-11-132024-11-3015278244core:OfficeEquipment2023-11-132024-11-3015278244dpl:AdministrativeExpenses2023-11-132024-11-3015278244core:NetGoodwill2023-11-132024-11-3015278244core:IntangibleAssetsOtherThanGoodwill2023-11-132024-11-3015278244dpl:GroupUndertakings2023-11-132024-11-3015278244dpl:ParticipatingInterests2023-11-132024-11-3015278244dpl:GroupUndertakingscore:ListedExchangeTraded2023-11-132024-11-3015278244core:ListedExchangeTraded2023-11-132024-11-3015278244dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-11-132024-11-3015278244core:UnlistedNon-exchangeTraded2023-11-132024-11-3015278244core:NetGoodwill2025-12-3115278244core:IntangibleAssetsOtherThanGoodwill2025-12-3115278244core:LandBuildings2025-12-3115278244core:PlantMachinery2025-12-3115278244core:Vehicles2025-12-3115278244core:FurnitureFittings2025-12-3115278244core:OfficeEquipment2025-12-3115278244core:AfterOneYear2025-12-3115278244core:WithinOneYear2025-12-3115278244core:ListedExchangeTraded2025-12-3115278244core:UnlistedNon-exchangeTraded2025-12-3115278244core:ShareCapital2025-12-3115278244core:SharePremium2025-12-3115278244core:RevaluationReserve2025-12-3115278244core:OtherReservesSubtotal2025-12-3115278244core:RetainedEarningsAccumulatedLosses2025-12-3115278244core:NetGoodwill2024-11-3015278244core:IntangibleAssetsOtherThanGoodwill2024-11-3015278244core:LandBuildings2024-11-3015278244core:PlantMachinery2024-11-3015278244core:Vehicles2024-11-3015278244core:FurnitureFittings2024-11-3015278244core:OfficeEquipment2024-11-3015278244core:AfterOneYear2024-11-3015278244core:WithinOneYear2024-11-3015278244core:ListedExchangeTraded2024-11-3015278244core:UnlistedNon-exchangeTraded2024-11-3015278244core:ShareCapital2024-11-3015278244core:SharePremium2024-11-3015278244core:RevaluationReserve2024-11-3015278244core:OtherReservesSubtotal2024-11-3015278244core:RetainedEarningsAccumulatedLosses2024-11-3015278244core:NetGoodwill2023-11-1215278244core:IntangibleAssetsOtherThanGoodwill2023-11-1215278244core:LandBuildings2023-11-1215278244core:PlantMachinery2023-11-1215278244core:Vehicles2023-11-1215278244core:FurnitureFittings2023-11-1215278244core:OfficeEquipment2023-11-1215278244core:AfterOneYear2023-11-1215278244core:WithinOneYear2023-11-1215278244core:ListedExchangeTraded2023-11-1215278244core:UnlistedNon-exchangeTraded2023-11-1215278244core:ShareCapital2023-11-1215278244core:SharePremium2023-11-1215278244core:RevaluationReserve2023-11-1215278244core:OtherReservesSubtotal2023-11-1215278244core:RetainedEarningsAccumulatedLosses2023-11-1215278244core:AfterOneYear2024-12-012025-12-3115278244core:WithinOneYear2024-12-012025-12-3115278244core:Non-currentFinancialInstrumentscore:CostValuation2024-12-012025-12-3115278244core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-12-012025-12-3115278244core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-12-012025-12-3115278244core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-12-012025-12-3115278244core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-12-012025-12-3115278244core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-12-012025-12-3115278244core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-12-012025-12-3115278244core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-12-012025-12-3115278244core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-12-012025-12-3115278244core:Non-currentFinancialInstrumentscore:CostValuation2025-12-3115278244core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2025-12-3115278244core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2025-12-3115278244core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2025-12-3115278244core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2025-12-3115278244core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2025-12-3115278244core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2025-12-3115278244core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2025-12-3115278244core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2025-12-3115278244core:Non-currentFinancialInstrumentscore:CostValuation2024-11-3015278244core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-11-3015278244core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-11-3015278244core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-11-3015278244core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-11-3015278244core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-11-3015278244core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-11-3015278244core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-11-3015278244core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-11-3015278244bus:Director12024-12-012025-12-311527824412024-12-012025-12-31

TE FINANCE LIMITED

Registered Number
15278244
(England and Wales)

Unaudited Financial Statements for the Period ended
31 December 2025

TE FINANCE LIMITED
Company Information
for the period from 1 December 2024 to 31 December 2025

Director

SAREEN, Rishab

Registered Address

Founders Factory (Level 7)
2 Arundel Street, 180 Strand
London
WC2R 3DA

Registered Number

15278244 (England and Wales)
TE FINANCE LIMITED
Balance Sheet as at
31 December 2025

Notes

31 Dec 2025

30 Nov 2024

£

£

£

£

Called up share capital not paid11
Creditors amounts falling due within one year3(86)-
Net current assets (liabilities)(85)1
Total assets less current liabilities(85)1
Net assets(85)1
Capital and reserves
Called up share capital11
Profit and loss account(86)-
Shareholders' funds(85)1
The financial statements were approved and authorised for issue by the Board of Directors on 25 September 2026, and are signed on its behalf by:
SAREEN, Rishab
Director
Registered Company No. 15278244
TE FINANCE LIMITED
Notes to the Financial Statements
for the period 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.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Going concern
Subsequent to the balance sheet date, the Directors resolved to apply for voluntary strike-off of the Company. The Company has ceased trading activities and intends to settle outstanding balances prior to dissolution. Consequently, the directors do not consider the going concern basis of accounting to be appropriate. These financial statements have therefore been prepared on a break-up basis. Assets have been stated at their estimated values and liabilities at the amounts expected to be settled.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
2.Average number of employees

20252024
Average number of employees during the year00
3.Creditors: amounts due within one year

2025

2024

££
Amounts owed to related parties86-
Total86-
At the balance sheet date, the company owed £86 (£nil) to its parent company, Trustestate Technologies Limited. The loan is unsecured, interest-free, and repayable on demand.
4.Events after reporting date
On 21 July 2026, the director filed form DS01 to strike the company off the register, with a first Gazette notice published on 28 July 2026. The intercompany balance owed to Trustestate Technologies Limited of £86 as at 31 December 2025 is expected to be waived prior to dissolution. No further adjustment to these financial statements is required as a result.
5.Parent-subsidiary relationships
The company's immediate and ultimate parent undertaking is Trustestate Technologies Limited, a company registered in England and Wales.
6.Change in reporting period and impact on comparability
These financial statements have been prepared for the 13 month period from 1 December 2024 to 31 December 2025. The comparative figures cover the period from incorporation on 13 November 2023 to 30 November 2024, being a period of 12.5 months. The comparative period is therefore not directly comparable with the current period.