15 November 2020 false No description of principal activity Taxfiler 2022.8.3 13021488business:PrivateLimitedCompanyLtd2020-11-152021-11-30 130214882020-11-14 130214882020-11-152021-11-30 13021488business:AuditExempt-NoAccountantsReport2020-11-152021-11-30 13021488business:FullAccounts2020-11-152021-11-30 130214882021-11-30 13021488business:Director12020-11-152021-11-30 13021488business:Director22020-11-152021-11-30 13021488business:Director32020-11-152021-11-30 13021488business:RegisteredOffice2020-11-152021-11-30 13021488core:WithinOneYear2021-11-30 13021488core:ShareCapital2021-11-30 13021488core:RetainedEarningsAccumulatedLosses2021-11-30 13021488business:SmallEntities2020-11-152021-11-30 13021488countries:EnglandWales2020-11-152021-11-30 13021488core:PlantMachinery2020-11-152021-11-30 13021488core:ComputerEquipment2020-11-152021-11-30 13021488core:OtherPropertyPlantEquipment2020-11-152021-11-30 13021488core:Goodwill2020-11-14 13021488core:IntangibleAssetsOtherThanGoodwill2020-11-14 13021488core:Goodwill2020-11-152021-11-30 13021488core:IntangibleAssetsOtherThanGoodwill2020-11-152021-11-30 13021488core:Goodwill2021-11-30 13021488core:IntangibleAssetsOtherThanGoodwill2021-11-30 13021488core:LandBuildings2020-11-14 13021488core:PlantMachinery2020-11-14 13021488core:ComputerEquipment2020-11-14 13021488core:LandBuildings2020-11-152021-11-30 13021488core:LandBuildings2021-11-30 13021488core:PlantMachinery2021-11-30 13021488core:ComputerEquipment2021-11-30 iso4217:GBP xbrli:pure
Company Registration No. 13021488 (England and Wales)
TEX LEICESTER LTD Unaudited accounts for the period from 15 November 2020 to 30 November 2021
TEX LEICESTER LTD Unaudited accounts Contents
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TEX LEICESTER LTD Company Information for the period from 15 November 2020 to 30 November 2021
Directors
Rajbinder Kaur Dhillon Tajinder Singh Choongh Ravtej Singh Mangat
Company Number
13021488 (England and Wales)
Registered Office
HOLMSTEAD GERRARDS CROSS ROAD STOKE POGES SL2 4EX ENGLAND
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TEX LEICESTER LTD Statement of financial position as at 30 November 2021
2021 
Notes
£ 
Fixed assets
Intangible assets
28,761 
Tangible assets
293,408 
322,169 
Current assets
Debtors
79,996 
Cash at bank and in hand
140,636 
220,632 
Creditors: amounts falling due within one year
(393,932)
Net current liabilities
(173,300)
Net assets
148,869 
Capital and reserves
Called up share capital
100 
Profit and loss account
148,769 
Shareholders' funds
148,869 
For the period ending 30 November 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 13 September 2022 and were signed on its behalf by
Ravtej Singh Mangat Director Company Registration No. 13021488
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TEX LEICESTER LTD Notes to the Accounts for the period from 15 November 2020 to 30 November 2021
1
Statutory information
TEX LEICESTER LTD is a private company, limited by shares, registered in England and Wales, registration number 13021488. The registered office is HOLMSTEAD, GERRARDS CROSS ROAD, STOKE POGES, SL2 4EX, ENGLAND.
2
Accounting policies
Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 Section 1A – ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The presentational currency of the financial statements is pound sterling (£). The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Covid-19 risk
Covid-19 is not expected to have a significant impact on the entity. Management has determined that there is no material uncertainty that casts doubt on the entity’s ability to continue as a going concern. It expects that Covid-19 might have some impact, though not significant, for example, in relation to expected future performance, or the effects on some future asset valuations.
Sales of Goods
Revenue from the sale of goods is recognised when all of the following conditions are satisfied: • the Company has transferred the significant risks and rewards of ownership to the buyer; • the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; • the amount of revenue can be measured reliably; • it is probable that the Company will receive the consideration due under the transaction; and • the costs incurred or to be incurred in respect of the transaction can be measured reliably.
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
4 years; straight line
Computer equipment
3 years straightline
Other tangible fixed assets
8 years; straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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TEX LEICESTER LTD Notes to the Accounts for the period from 15 November 2020 to 30 November 2021
3
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 15 November 2020
- 
- 
- 
Additions
25,000 
6,750 
31,750 
At 30 November 2021
25,000 
6,750 
31,750 
Amortisation
At 15 November 2020
- 
- 
- 
Charge for the period
2,708 
281 
2,989 
At 30 November 2021
2,708 
281 
2,989 
Net book value
At 30 November 2021
22,292 
6,469 
28,761 
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 15 November 2020
- 
- 
- 
- 
Additions
12,990 
309,089 
2,342 
324,421 
At 30 November 2021
12,990 
309,089 
2,342 
324,421 
Depreciation
Charge for the period
541 
30,119 
353 
31,013 
At 30 November 2021
541 
30,119 
353 
31,013 
Net book value
At 30 November 2021
12,449 
278,970 
1,989 
293,408 
5
Debtors: amounts falling due within one year
2021 
£ 
VAT
60,746 
Other debtors
19,250 
79,996 
6
Creditors: amounts falling due within one year
2021 
£ 
Trade creditors
50,846 
Taxes and social security
4,785 
Other creditors
116,668 
Loans from directors
205,900 
Accruals
15,733 
393,932 
7
Average number of employees
During the period the average number of employees was 27.
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