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Company Registration No. 13021488 (England and Wales)
TEX LEICESTER LTD Unaudited accounts for the year ended 30 November 2023
TEX LEICESTER LTD Unaudited accounts Contents
Page
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TEX LEICESTER LTD Company Information for the year ended 30 November 2023
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 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
22,411 
25,586 
Tangible assets
173,524 
237,212 
195,935 
262,798 
Current assets
Inventories
4,000 
4,500 
Debtors
35,849 
34,365 
Cash at bank and in hand
55,525 
26,433 
95,374 
65,298 
Creditors: amounts falling due within one year
(148,884)
(158,487)
Net current liabilities
(53,510)
(93,189)
Total assets less current liabilities
142,425 
169,609 
Provisions for liabilities
Deferred tax
(49,121)
(69,641)
Net assets
93,304 
99,968 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
93,204 
99,868 
Shareholders' funds
93,304 
99,968 
For the year ending 30 November 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 13 September 2024 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 year ended 30 November 2023
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
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 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.
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
5 years; straight line
Computer equipment
3 years straight line
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 year ended 30 November 2023
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 December 2022
25,000 
6,750 
31,750 
At 30 November 2023
25,000 
6,750 
31,750 
Amortisation
At 1 December 2022
5,208 
956 
6,164 
Charge for the year
2,500 
675 
3,175 
At 30 November 2023
7,708 
1,631 
9,339 
Net book value
At 30 November 2023
17,292 
5,119 
22,411 
At 30 November 2022
19,792 
5,794 
25,586 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
12,990 
317,346 
3,842 
334,178 
Additions
- 
2,856 
- 
2,856 
At 30 November 2023
12,990 
320,202 
3,842 
337,034 
Depreciation
At 1 December 2022
2,165 
93,542 
1,259 
96,966 
Charge for the year
1,624 
63,639 
1,281 
66,544 
At 30 November 2023
3,789 
157,181 
2,540 
163,510 
Net book value
At 30 November 2023
9,201 
163,021 
1,302 
173,524 
At 30 November 2022
10,825 
223,804 
2,583 
237,212 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,149 
79 
Accrued income and prepayments
12,450 
15,036 
Other debtors
19,250 
19,250 
35,849 
34,365 
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TEX LEICESTER LTD Notes to the Accounts for the year ended 30 November 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
26,709 
21,841 
Trade creditors
18,450 
37,979 
Taxes and social security
2,211 
2,578 
Other creditors
16,697 
17,789 
Loans from directors
75,900 
75,900 
Accruals
8,917 
2,400 
148,884 
158,487 
8
Average number of employees
During the year the average number of employees was 21 (2022: 23).
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