Registered Number:04620615 |
For the year ended 31 December 2021
England and Wales
Unaudited Financial Statements
Tectag Ltd
Statement of Financial Position
2020
2021
1,500
3,000
2
Property, plant and equipment |
16,442
24,663
3
17,942
27,663
Trade and other receivables |
27,237
29,895
4
151,579
Cash and cash equivalents |
177,667
207,562
178,816
Trade and other payables: amounts falling due within one |
year |
(4,699)
(17,983)
5
174,117
189,579
Net current assets
Total assets less current liabilities |
207,521
201,780
Trade and other payables: amounts falling due after more |
than one year |
(10,227)
(6,276)
6
201,245
Net assets
191,553
1
1
201,244
191,552
201,245
191,553
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Paul Martin McCullagh Director |
These financial statements were approved and authorised for issue by the Board on 16 June 2022 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 December 2021
Tectag Ltd
Notes to the Financial Statements
Statutory Information
Tectag Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
04620615. |
5 Willow Grove
Chippenham
Wiltshire
SN15 1AR
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis. |
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For the year ended 31 December 2021
Tectag Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
30,000
30,000
27,000
1,500
Charge for year
28,500
1,500
3,000
3. Property, plant and equipment |
Motor vehicles
35,729
32,475
3,254
3,254
32,475
35,729
Provision for depreciation and impairment |
11,066
8,119
2,947
Charge for year
8,221
8,119
102
19,287
16,238
3,049
205
16,237
16,442
307
24,356
24,663
4. Trade and other receivables |
2020
2021
19,895
15,030
10,000
12,207
27,237
29,895
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For the year ended 31 December 2021
Tectag Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2020
2021
Taxation and social security |
14,044
701
3,939
3,998
17,983
4,699
6. Trade and other payables: amounts falling due after more than one year |
2020
2021
6,276
10,227
7. Average number of persons employed |
During the year the average number of employees was 1 (2020 : 1)
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