TSK ELECTRONICA Y ELECTRICIDAD UK LIMITED

Company Registration Number:
14236875 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 15 July 2022

End date: 31 December 2023

TSK ELECTRONICA Y ELECTRICIDAD UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

TSK ELECTRONICA Y ELECTRICIDAD UK LIMITED

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

TSK ELECTRONICA Y ELECTRICIDAD UK LIMITED was incorporated on July 15, 2022 certified by the Registrar of Companies for England and Wales, under the Companies Act 2006 as a private company and limited by shares, whose Company Number is 14236875. The objects of the company are unlimited.The Company is part of the TSK Electronica y Electricidad, S.A. and Subsidiary Companies Group, whose parent company is TSK Electronica y Electricidad, S.A., with its registered office at Calle Ada Byron 220 Gijon. The consolidated annual accounts of the TSK Group for the year 2022 were approved by the General Meeting of Shareholders of TSK Electronica y Electricidad, S.A. held on June 30, 2023, and filed in the Registry of Companies of Asturias.The TSK Group is a leader conglomerate with an international presence consolidated to the world level, focused on technology development and providing efficient, sustainable and digital solutions for the industry and energy sectors.

Additional information

DIRECTORGOING CONCERNSTATEMENT OF CORPORATE GOVERNANCE AGREEMENTSSTAKEHOLDER ENGAGEMENT STATEMENTDIVIDEND DISTRIBUTIONDIRECTOR’S REMUNERATION



Directors

The director shown below has held office during the whole of the period from
15 July 2022 to 31 December 2023

CARLOS RUIZ MANSO


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
8 August 2024

And signed on behalf of the board by:
Name: CARLOS RUIZ MANSO
Status: Director

TSK ELECTRONICA Y ELECTRICIDAD UK LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

18 months to 31 December 2023


£
Turnover: 16,815,901
Cost of sales: ( 13,029,720 )
Gross profit(or loss): 3,786,181
Administrative expenses: ( 248,355 )
Operating profit(or loss): 3,537,826
Interest receivable and similar income: 115,911
Profit(or loss) before tax: 3,653,737
Tax: ( 841,062 )
Profit(or loss) for the financial year: 2,812,675

TSK ELECTRONICA Y ELECTRICIDAD UK LIMITED

Balance sheet

As at 31 December 2023

Notes 18 months to 31 December 2023


£
Current assets
Debtors: 3 6,596,003
Cash at bank and in hand: 1,181,198
Investments: 4 6,959,860
Total current assets: 14,737,061
Creditors: amounts falling due within one year: 5 ( 13,221,243 )
Net current assets (liabilities): 1,515,818
Total assets less current liabilities: 1,515,818
Total net assets (liabilities): 1,515,818
Capital and reserves
Called up share capital: 1,000
Other reserves: (1,297,857)
Profit and loss account: 2,812,675
Total Shareholders' funds: 1,515,818

The notes form part of these financial statements

TSK ELECTRONICA Y ELECTRICIDAD UK LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 8 August 2024
and signed on behalf of the board by:

Name: CARLOS RUIZ MANSO
Status: Director

The notes form part of these financial statements

TSK ELECTRONICA Y ELECTRICIDAD UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    The income and expenses are registered when the natural flow of goods and services they represent occurs, regardless of when the monetary or financial flow derived from them appears. The ordinary income from the sale of goods and provision of services are valued as per the monetary amount received or, where relevant, the fair value of the consideration received or expected to receive, and, unless there is evidence to the contrary, it will be the agreed price, after deducting discounts, taxes and the interest compounded into the nominal for loans. The income valuation will include the best estimate for the variable consideration when the reversal is not considered highly probable.Income recognition occurs when (or as) the transfer to the client is done to control the goods and services obligedRefer to page 23 of AFS

    Valuation information and policy

    Refer to page 21 AFS

    Other accounting policies

    Refer to page 20 AFS

TSK ELECTRONICA Y ELECTRICIDAD UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    18 months to 31 December 2023
    Average number of employees during the period 0

TSK ELECTRONICA Y ELECTRICIDAD UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Debtors

18 months to 31 December 2023
£
Trade debtors 1,018,266
Prepayments and accrued income 5,576,737
Other debtors 1,000
Total 6,596,003

TSK ELECTRONICA Y ELECTRICIDAD UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Current assets investments note

Since the Company belongs to a Group of companies, it carries out certain operations with related companies. The detail of the of the operations carried out with said companies as of December 31, 2023 is as followsGROUP COMPANIES ProcurementsTSK Electronica y Electricidad, S.A. 1513406This amount corresponds to the invoices for the internal services that the Parent company provides on the various project sites.

TSK ELECTRONICA Y ELECTRICIDAD UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

18 months to 31 December 2023
£
Trade creditors 5,621,250
Taxation and social security 2,111,141
Accruals and deferred income 5,488,852
Total 13,221,243