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REGISTERED NUMBER: 11729067 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

TETRAFLEX LIMITED

TETRAFLEX LIMITED (REGISTERED NUMBER: 11729067)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TETRAFLEX LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: G V Shaw
G S White
M Robinson
B A Shaw





REGISTERED OFFICE: Church View Chambers
38 Market Square
Toddington
Dunstable
Bedfordshire
LU5 6BS





REGISTERED NUMBER: 11729067 (England and Wales)





ACCOUNTANTS: Landers Accountants Ltd
Church View Chambers
38 Market Square
Toddington
Bedfordshire
LU5 6BS

TETRAFLEX LIMITED (REGISTERED NUMBER: 11729067)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Stocks 173,588 179,804
Debtors 4 416,515 249,658
Cash at bank 25,122 5,929
615,225 435,391
CREDITORS
Amounts falling due within one year 5 374,980 296,888
NET CURRENT ASSETS 240,245 138,503
TOTAL ASSETS LESS CURRENT
LIABILITIES

240,245

138,503

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 240,145 138,403
SHAREHOLDERS' FUNDS 240,245 138,503

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

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

The directors acknowledge their 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.

TETRAFLEX LIMITED (REGISTERED NUMBER: 11729067)

BALANCE SHEET - continued
31 DECEMBER 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 and authorised for issue by the Board of Directors and authorised for issue on 27 June 2024 and were signed on its behalf by:




G V Shaw - Director M Robinson - Director




G S White - Director B A Shaw - Director


TETRAFLEX LIMITED (REGISTERED NUMBER: 11729067)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

TetraFlex 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 and on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

3. EMPLOYEES AND DIRECTORS

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

TETRAFLEX LIMITED (REGISTERED NUMBER: 11729067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 329,437 222,258
Other debtors 87,078 27,400
416,515 249,658

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 146,370 96,929
Taxation and social security 56,961 51,548
Other creditors 171,649 148,411
374,980 296,888

6. RELATED PARTY DISCLOSURES

During the year, the company received advances of £4,826 (2022: £30,000) from Flex Metallic Industries Limited, a company in which a director has a controlling interest.

During the year, the company received advances of £17,400 (2022: £115,072) from Flextech Hose Solutions Limited, a company in which a director has a controlling interest.

The loans were interest free and repayable on demand.