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REGISTERED NUMBER: 06485233 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Led Teck UK Limited

Led Teck UK Limited (Registered number: 06485233)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Led Teck UK Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: B C Matthews





REGISTERED OFFICE: Unit 25
Campbell Court
Bramley
Hampshire
RG26 5EG





REGISTERED NUMBER: 06485233 (England and Wales)





ACCOUNTANTS: Randall Accountancy Limited
22 The Crofts
Basingstoke
Hampshire
RG22 4RF

Led Teck UK Limited (Registered number: 06485233)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 26,330 2,328
26,330 2,328

CURRENT ASSETS
Debtors 6 579,227 621,683
Cash at bank 416,602 370,142
995,829 991,825
CREDITORS
Amounts falling due within one year 7 957,336 926,079
NET CURRENT ASSETS 38,493 65,746
TOTAL ASSETS LESS CURRENT
LIABILITIES

64,823

68,074

CREDITORS
Amounts falling due after more than
one year

8

15,000

25,000
NET ASSETS 49,823 43,074

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 49,822 43,073
SHAREHOLDERS' FUNDS 49,823 43,074

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

Led Teck UK Limited (Registered number: 06485233)

Balance Sheet - continued
31 January 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 October 2024 and were signed by:





B C Matthews - Director


Led Teck UK Limited (Registered number: 06485233)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Led Teck UK Limited (Registered number: 06485233)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 February 2023
and 31 January 2024 2,177
AMORTISATION
At 1 February 2023
and 31 January 2024 2,177
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 -

Led Teck UK Limited (Registered number: 06485233)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2023 - 4,869 4,869
Additions 33,037 - 33,037
At 31 January 2024 33,037 4,869 37,906
DEPRECIATION
At 1 February 2023 - 2,541 2,541
Charge for year 8,259 776 9,035
At 31 January 2024 8,259 3,317 11,576
NET BOOK VALUE
At 31 January 2024 24,778 1,552 26,330
At 31 January 2023 - 2,328 2,328

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 116,878 261,719
Other debtors 462,349 359,964
579,227 621,683

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 400,968 306,160
Amounts owed to group undertakings 161,173 250,000
Taxation and social security 163,884 130,217
Other creditors 221,311 229,702
957,336 926,079

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans 15,000 25,000

Led Teck UK Limited (Registered number: 06485233)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

9. FINANCIAL INSTRUMENTS

In order to mitigate the risk of foreign exchange variations the company enters into contracts to forward purchase US$ in advance. At the balance sheet date the company had committed to purchase varying dollar contracts expiring in the next 12 months.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
1 Ordinary £1 1 1

11. ULTIMATE CONTROLLING PARTY

The company is controlled by BM8 Holdings Limited, the parent company and sole shareholder.

The parent company has its registered office and place of business at Unit 25 Campbell Court, Basingstoke, Hampshire, RG26 5EG.