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REGISTERED NUMBER: 03940276 (England and Wales)















Financial Statements For The Year Ended 31st March 2018

for

Techtrics Limited

Techtrics Limited (Registered number: 03940276)






Contents of the Financial Statements
For The Year Ended 31st March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Techtrics Limited

Company Information
For The Year Ended 31st March 2018







DIRECTORS: P Dann
Mrs D Dann





SECRETARY: P Dann





REGISTERED OFFICE: 64 High Street
Belper
Derbyshire
DE56 1GF





REGISTERED NUMBER: 03940276 (England and Wales)





ACCOUNTANTS: L& S Accountancy Services
64 High Street
Belper
Derbyshire
DE56 1GF

Techtrics Limited (Registered number: 03940276)

Balance Sheet
31st March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,044 8,694

CURRENT ASSETS
Stocks - 3,560
Debtors 5 43,665 15,585
Cash at bank 8,598 9,967
52,263 29,112
CREDITORS
Amounts falling due within one year 6 18,628 8,684
NET CURRENT ASSETS 33,635 20,428
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,679

29,122

PROVISIONS FOR LIABILITIES 1,338 1,739
NET ASSETS 39,341 27,383

CAPITAL AND RESERVES
Called up share capital 100 10
Retained earnings 39,241 27,373
SHAREHOLDERS' FUNDS 39,341 27,383

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

Techtrics Limited (Registered number: 03940276)

Balance Sheet - continued
31st March 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 30th October 2018 and were signed on its behalf
by:





Mrs D Dann - Director


Techtrics Limited (Registered number: 03940276)

Notes to the Financial Statements
For The Year Ended 31st March 2018

1. STATUTORY INFORMATION

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

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - at varying rates on cost
Motor vehicles - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

Techtrics Limited (Registered number: 03940276)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2018

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st April 2017 13,447 26,886 2,079 42,412
Additions 1,032 - 1,199 2,231
At 31st March 2018 14,479 26,886 3,278 44,643
DEPRECIATION
At 1st April 2017 11,447 20,292 1,979 33,718
Charge for year 857 2,594 430 3,881
At 31st March 2018 12,304 22,886 2,409 37,599
NET BOOK VALUE
At 31st March 2018 2,175 4,000 869 7,044
At 31st March 2017 2,000 6,594 100 8,694

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 29,955 5,056
Directors' loan accounts 12,370 10,026
Prepayments 1,340 503
43,665 15,585

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 5,028 6,970
Tax 13,163 4,630
Social security and other taxes (9,708 ) (7,714 )
VAT 8,093 3,268
Accrued expenses 2,052 1,530
18,628 8,684

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2018 and
31st March 2017:

2018 2017
£    £   
P Dann and Mrs D Dann
Balance outstanding at start of year 10,025 -
Amounts advanced 2,345 10,025
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 12,370 10,025

Techtrics Limited (Registered number: 03940276)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2018

8. ULTIMATE CONTROLLING PARTY

The Company is controlled by Mr P Dann by virtue of his 85% holding in the issued ordinary share capital.