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REGISTERED NUMBER: 02294859 (England and Wales)







FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

TELFORD TECHNICAL RESEARCH LIMITED

TELFORD TECHNICAL RESEARCH LIMITED (REGISTERED NUMBER: 02294859)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TELFORD TECHNICAL RESEARCH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: C R Ford
T H Sargeant





REGISTERED OFFICE: 84 Bridge Road
Chertsey
Surrey
KT16 8LA





REGISTERED NUMBER: 02294859 (England and Wales)





ACCOUNTANTS: BENEDICTS
873 High Road
North Finchley
London
N12 8QA

TELFORD TECHNICAL RESEARCH LIMITED (REGISTERED NUMBER: 02294859)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 45,858 45,972
Investments 5 20,000 20,000
65,858 65,972

CURRENT ASSETS
Debtors 6 3,209 -
Cash at bank 161,478 172,100
164,687 172,100
CREDITORS
Amounts falling due within one year 7 1,321 3,264
NET CURRENT ASSETS 163,366 168,836
TOTAL ASSETS LESS CURRENT
LIABILITIES

229,224

234,808

CAPITAL AND RESERVES
Called up share capital 8 200 200
Retained earnings 9 229,024 234,608
SHAREHOLDERS' FUNDS 229,224 234,808

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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.

TELFORD TECHNICAL RESEARCH LIMITED (REGISTERED NUMBER: 02294859)

BALANCE SHEET - continued
30 NOVEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 January 2025 and were signed on its behalf by:




C R Ford - Director



T H Sargeant - Director


TELFORD TECHNICAL RESEARCH LIMITED (REGISTERED NUMBER: 02294859)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Telford Technical Research 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.


TELFORD TECHNICAL RESEARCH LIMITED (REGISTERED NUMBER: 02294859)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

2. ACCOUNTING POLICIES - continued
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 (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 December 2023
and 30 November 2024 45,424 7,757 7,578 60,759
DEPRECIATION
At 1 December 2023 - 7,431 7,356 14,787
Charge for year - 81 33 114
At 30 November 2024 - 7,512 7,389 14,901
NET BOOK VALUE
At 30 November 2024 45,424 245 189 45,858
At 30 November 2023 45,424 326 222 45,972

5. FIXED ASSET INVESTMENTS
Listed
investments
£   
COST
At 1 December 2023
and 30 November 2024 20,000
NET BOOK VALUE
At 30 November 2024 20,000
At 30 November 2023 20,000

TELFORD TECHNICAL RESEARCH LIMITED (REGISTERED NUMBER: 02294859)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 2,931 -
Intercompany 278 -
3,209 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation - 317
Directors' current accounts - 1,955
Creditors & accruals 1,321 992
1,321 3,264

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
200 Ordinary 1 200 200

9. RESERVES
Retained
earnings
£   

At 1 December 2023 234,608
Deficit for the year (4,584 )
Dividends (1,000 )
At 30 November 2024 229,024