Company Registration No. 07543774 (England and Wales)
Technimove Recycles Limited
Unaudited accounts
for the year ended 31 December 2021
Technimove Recycles Limited
Unaudited accounts
Contents
Technimove Recycles Limited
Company Information
for the year ended 31 December 2021
Directors
Mr Ochea Ikpa
Mr Richard Henry
Mr Anthony Watmore
Company Number
07543774 (England and Wales)
Registered Office
TECHNIMOVE HOUSE SPITFIRE BUSINESS PARK
HAWKER ROAD
CROYDON
SURREY
CR0 4WD
Technimove Recycles Limited
Statement of financial position
as at 31 December 2021
Tangible assets
11,688
15,585
Inventories
342,000
350,000
Cash at bank and in hand
218,577
113,115
Creditors: amounts falling due within one year
(328,820)
(387,925)
Net current assets
246,074
192,208
Total assets less current liabilities
257,762
207,793
Creditors: amounts falling due after more than one year
(45,000)
(50,000)
Net assets
212,762
157,793
Called up share capital
130
130
Profit and loss account
212,632
157,663
Shareholders' funds
212,762
157,793
For the year ending 31 December 2021 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 2 February 2022 and were signed on its behalf by
Mr Anthony Watmore
Director
Company Registration No. 07543774
Technimove Recycles Limited
Notes to the Accounts
for the year ended 31 December 2021
Technimove Recycles Limited is a private company, limited by shares, registered in England and Wales, registration number 07543774. The registered office is TECHNIMOVE HOUSE SPITFIRE BUSINESS PARK, HAWKER ROAD, CROYDON, SURREY, CR0 4WD.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2021
15,554
19,142
10,370
45,066
At 31 December 2021
15,554
19,142
10,370
45,066
At 1 January 2021
10,919
11,067
7,495
29,481
Charge for the year
1,159
2,019
719
3,897
At 31 December 2021
12,078
13,086
8,214
33,378
At 31 December 2021
3,476
6,056
2,156
11,688
At 31 December 2020
4,635
8,075
2,875
15,585
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Debtors: amounts falling due within one year
2021
2020
Trade debtors
14,317
34,230
Technimove Recycles Limited
Notes to the Accounts
for the year ended 31 December 2021
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
180,012
184,611
Taxes and social security
24,036
42,619
Other creditors
37,827
58,442
Loans from directors
34,149
21,997
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Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 10 (2020: 8).