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REGISTERED NUMBER: 01559189 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

TECPLAR LIMITED

TECPLAR LIMITED (REGISTERED NUMBER: 01559189)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TECPLAR LIMITED

COMPANY INFORMATION
for the Year Ended 31 July 2023







DIRECTOR: J M Sills





SECRETARY: Mrs G Sills





REGISTERED OFFICE: 38 Middlehill Road
Wimborne
Dorset
BH21 2SE





REGISTERED NUMBER: 01559189 (England and Wales)





ACCOUNTANTS: Chris Charlton Ltd
Chartered Accountants
29 Lower Golf Links Road
Broadstone
Dorset
BH18 8BQ

TECPLAR LIMITED (REGISTERED NUMBER: 01559189)

BALANCE SHEET
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,141 1,520

CURRENT ASSETS
Stocks 75,533 63,725
Debtors 5 225,909 169,821
Cash at bank and in hand 443,726 384,245
745,168 617,791
CREDITORS
Amounts falling due within one year 6 211,318 153,422
NET CURRENT ASSETS 533,850 464,369
TOTAL ASSETS LESS CURRENT LIABILITIES 534,991 465,889

CAPITAL AND RESERVES
Called up share capital 201 201
Retained earnings 534,790 465,688
SHAREHOLDERS' FUNDS 534,991 465,889

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 9 April 2024 and were signed by:





J M Sills - Director


TECPLAR LIMITED (REGISTERED NUMBER: 01559189)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Tecplar 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

TECPLAR LIMITED (REGISTERED NUMBER: 01559189)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 August 2022
and 31 July 2023 19,433 165,647 49,913 234,993
DEPRECIATION
At 1 August 2022 19,433 165,441 48,599 233,473
Charge for year - 51 328 379
At 31 July 2023 19,433 165,492 48,927 233,852
NET BOOK VALUE
At 31 July 2023 - 155 986 1,141
At 31 July 2022 - 206 1,314 1,520

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 225,568 169,721
Other debtors 341 100
225,909 169,821

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 89,623 59,239
Taxation and social security 85,336 68,204
Other creditors 36,359 25,979
211,318 153,422

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £57,000 (2022 - £43,000) were paid to the director.

Mr J Sills (director) has a loan account with the company. At the balance sheet date he was owed £23,491 (2022: £14,290) by the company.

TECPLAR LIMITED (REGISTERED NUMBER: 01559189)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2023

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J M Sills.