TLWorks Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 14652336

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		732		938

			732		938
CURRENT ASSETS
Stocks	5	14,229		7,447
Debtors	6	1,482		5,428
Cash at bank and in hand		3,462		2,017

		19,173		14,892
Creditors: Amounts Falling Due Within One Year	7	(48,189 )		(25,664 )

NET CURRENT ASSETS (LIABILITIES)			(29,016 )		(10,772 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(28,284 )		(9,834 )

NET LIABILITIES			(28,284 )		(9,834 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(28,384 )		(9,934 )

SHAREHOLDERS' FUNDS			(28,284)		(9,834)

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TLWorks Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit 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 directors acknowledge 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 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

T Hunt

Director

6th October 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

TLWorks Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14652336 . The registered office is 124 City Road, London, EC1V 2NX.

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 balance sheet shows net liabilities of £28,284; however, this consists of loans due to the Directors of £14,364 The directors have indicated that they will not expect repayment of the loan for the foreseeable future. The directors have 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.

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. 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:

Computer Equipment

25% Straight Line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

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TLWorks Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2025	1,347
Additions	142

As at 31 March 2026	1,489

Depreciation
As at 1 April 2025	409
Provided during the period	348

As at 31 March 2026	757

Net Book Value
As at 31 March 2026	732

As at 1 April 2025	938

5. Stocks

	2026	2025
	£	£
Stock	14,229	7,447

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	828	1,495
Other debtors	654	3,933

	1,482	5,428

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	47,826	25,664
Taxation and social security	363	-

	48,189	25,664

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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