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Company Registration No. 05340355 (England and Wales)
Tecni Limited Unaudited accounts for the year ended 31 December 2023
Tecni Limited Unaudited accounts Contents
Page
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Tecni Limited Company Information for the year ended 31 December 2023
Directors
Trevor Heyworth Andrew Caulton
Company Number
05340355 (England and Wales)
Registered Office
10 Evercreech Way Walrow Industrial Estate Highbridge TA9 4AR
Accountants
Poolbridge Accountancy Limited Forge Enterprise Centre 3 Church Road, West Huntspill Highbridge Somerset TA9 3RN
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Tecni Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
549,743 
507,321 
Investments
100 
100 
549,843 
507,421 
Current assets
Inventories
477,223 
427,099 
Debtors
73,395 
62,590 
Cash at bank and in hand
543,785 
332,116 
1,094,403 
821,805 
Creditors: amounts falling due within one year
(247,336)
(109,054)
Net current assets
847,067 
712,751 
Total assets less current liabilities
1,396,910 
1,220,172 
Provisions for liabilities
Deferred tax
(137,436)
(96,391)
Other provisions
- 
(1,800)
(137,436)
(98,191)
Net assets
1,259,474 
1,121,981 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,259,374 
1,121,881 
Shareholders' funds
1,259,474 
1,121,981 
For the year ending 31 December 2023 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 11 April 2024 and were signed on its behalf by
Trevor Heyworth Director Company Registration No. 05340355
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Tecni Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Tecni Limited is a private company, limited by shares, registered in England and Wales, registration number 05340355. The registered office is 10 Evercreech Way, Walrow Industrial Estate, Highbridge, TA9 4AR.
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:
Plant & machinery
15% reducing balance basis
Motor vehicles
25% reducing balance basis
Fixtures & fittings
25% reducing balance basis
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2023
424,399 
283,883 
16,860 
22,681 
747,823 
Additions
42,305 
8,804 
- 
6,897 
58,006 
At 31 December 2023
466,704 
292,687 
16,860 
29,578 
805,829 
Depreciation
At 1 January 2023
- 
202,377 
16,586 
21,539 
240,502 
Charge for the year
- 
13,546 
28 
2,010 
15,584 
At 31 December 2023
- 
215,923 
16,614 
23,549 
256,086 
Net book value
At 31 December 2023
466,704 
76,764 
246 
6,029 
549,743 
At 31 December 2022
424,399 
81,506 
274 
1,142 
507,321 
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Tecni Limited Notes to the Accounts for the year ended 31 December 2023
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2023
100 
Valuation at 31 December 2023
100 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
68,307 
58,879 
Accrued income and prepayments
5,088 
3,711 
73,395 
62,590 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
(218)
VAT
29,296 
36,248 
Trade creditors
121,862 
67,019 
Taxes and social security
93,317 
6,005 
Other creditors
2,861 
- 
247,336 
109,054 
8
Average number of employees
During the year the average number of employees was 17 (2022: 16).
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