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REGISTERED NUMBER: 07356390 (England and Wales)












Tec-Sol Limited

Unaudited Financial Statements

for the Year Ended 31 August 2023






Tec-Sol Limited (Registered number: 07356390)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Tec-Sol Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: E Brambilla





REGISTERED OFFICE: 8a Wingbury Courtyard
Business Village
Leighton Road
Wingrave
Buckinghamshire
HP22 4LW





REGISTERED NUMBER: 07356390 (England and Wales)





ACCOUNTANTS: Clarkson Cleaver & Bowes Ltd
8a Wingbury Courtyard
Business Village
Wingrave
Buckinghamshire
HP22 4LW

Tec-Sol Limited (Registered number: 07356390)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,393 6,320
Investments 5 1,000 1,000
9,393 7,320

CURRENT ASSETS
Stocks 1,500 42,420
Debtors 6 604,499 418,938
Cash at bank 2,750 6,563
608,749 467,921
CREDITORS
Amounts falling due within one year 7 506,052 335,655
NET CURRENT ASSETS 102,697 132,266
TOTAL ASSETS LESS CURRENT
LIABILITIES

112,090

139,586

CREDITORS
Amounts falling due after more than
one year

8

17,500

27,500
NET ASSETS 94,590 112,086

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 94,589 112,085
SHAREHOLDERS' FUNDS 94,590 112,086

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Tec-Sol Limited (Registered number: 07356390)

Balance Sheet - continued
31 August 2023


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 30 August 2024 and were signed by:





E Brambilla - Director


Tec-Sol Limited (Registered number: 07356390)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Tec-Sol 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 represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33.33% straight line
Fixtures and fittings - 33.33% straight line
Computer equipment - 33.33% straight line

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.

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 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 and that are expected to apply to the reversal of the timing difference.

Current or deferred taxation liabilities are not discounted.

Pension costs and other post-retirement benefits
The pension costs charged in the financial statements represent the contributions payable by the company for the year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

Tec-Sol Limited (Registered number: 07356390)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 September 2022 4,717 9,725 7,087 44,704 66,233
Additions - - - 3,287 3,287
At 31 August 2023 4,717 9,725 7,087 47,991 69,520
DEPRECIATION
At 1 September 2022 - 9,725 7,087 43,101 59,913
Charge for year - - - 1,214 1,214
At 31 August 2023 - 9,725 7,087 44,315 61,127
NET BOOK VALUE
At 31 August 2023 4,717 - - 3,676 8,393
At 31 August 2022 4,717 - - 1,603 6,320

5. FIXED ASSET INVESTMENTS
Other
investment
£   
COST
At 1 September 2022
and 31 August 2023 1,000
NET BOOK VALUE
At 31 August 2023 1,000
At 31 August 2022 1,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 212,039 159,640
Other debtors 392,460 259,298
604,499 418,938

Tec-Sol Limited (Registered number: 07356390)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 24,013 10,789
Trade creditors - 2
Taxation and social security 18,446 25,882
Other creditors 463,593 298,982
506,052 335,655

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 17,500 27,500

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2023 and 31 August 2022:

2023 2022
£    £   
E Brambilla
Balance outstanding at start of year 2,089 52,826
Amounts advanced 128,680 7,263
Amounts repaid - (58,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 130,769 2,089