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Company Registration No. 05308502 (England and Wales)
TIVA Engineering Limited Unaudited accounts for the year ended 31 October 2025
TIVA Engineering Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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TIVA Engineering Limited Company Information for the year ended 31 October 2025
Directors
G English M English
Secretary
M English
Company Number
05308502 (England and Wales)
Registered Office
23 Kingshill Avenue Marshalswick St Albans Hertfordshire AL4 9QF
Accountants
Chris Burgess Accountancy Ltd The Old Surgery 48 High Street Chalgrove Oxfordshire OX44 7SS
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TIVA Engineering Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
852
1,323
Current assets
Inventories
5
1,640
1,640
Debtors
6
22
102
Cash at bank and in hand
586
445
2,248
2,187
Creditors: amounts falling due within one year
7
(57,654)
(49,977)
Net current liabilities
(55,406)
(47,790)
Net liabilities
(54,554)
(46,467)
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
(54,654)
(46,567)
Shareholders' funds
(54,554)
(46,467)
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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2026 and were signed on its behalf by
G English Director Company Registration No. 05308502
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TIVA Engineering Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
TIVA Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 05308502. The registered office is 23 Kingshill Avenue, Marshalswick, St Albans, Hertfordshire, AL4 9QF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Computer equipment
50% straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.
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TIVA Engineering Limited Notes to the Accounts for the year ended 31 October 2025
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 November 2024
20,182
4,748
24,930
At 31 October 2025
20,182
4,748
24,930
Depreciation
At 1 November 2024
18,894
4,713
23,607
Charge for the year
436
35
471
At 31 October 2025
19,330
4,748
24,078
Net book value
At 31 October 2025
852
-
852
At 31 October 2024
1,288
35
1,323
5
Inventories
2025
2024
£
£
Raw materials
1,640
1,640
1,640
1,640
6
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Other debtors
22
102
7
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
56,354
48,727
Accruals
1,300
1,250
57,654
49,977
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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