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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
Page
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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
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Technimove Recycles Limited Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,688 
15,585 
Current assets
Inventories
342,000 
350,000 
Debtors
14,317 
117,018 
Cash at bank and in hand
218,577 
113,115 
574,894 
580,133 
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 
Capital and reserves
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
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Technimove Recycles Limited Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
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.
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.
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:
Fixtures & fittings
25%
Computer equipment
25%
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 
Depreciation
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 
Net book value
At 31 December 2021
3,476 
6,056 
2,156 
11,688 
At 31 December 2020
4,635 
8,075 
2,875 
15,585 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
14,317 
34,230 
Other debtors
- 
82,788 
14,317 
117,018 
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Technimove Recycles Limited Notes to the Accounts for the year ended 31 December 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
46,941 
75,298 
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 
Accruals
5,855 
4,958 
328,820 
387,925 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
45,000 
50,000 
8
Average number of employees
During the year the average number of employees was 10 (2020: 8).
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