TEKMercia Limited 08677436 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is Acoustic consultancy Digita Accounts Production Advanced 6.30.9574.0 true 08677436 2023-10-01 2024-09-30 08677436 2024-09-30 08677436 bus:OrdinaryShareClass1 2024-09-30 08677436 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 08677436 core:OfficeEquipment 2024-09-30 08677436 core:PlantMachinery 2024-09-30 08677436 bus:SmallEntities 2023-10-01 2024-09-30 08677436 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 08677436 bus:FilletedAccounts 2023-10-01 2024-09-30 08677436 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 08677436 bus:RegisteredOffice 2023-10-01 2024-09-30 08677436 bus:Director1 2023-10-01 2024-09-30 08677436 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 08677436 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08677436 core:ComputerEquipment 2023-10-01 2024-09-30 08677436 core:OfficeEquipment 2023-10-01 2024-09-30 08677436 core:PlantMachinery 2023-10-01 2024-09-30 08677436 countries:England 2023-10-01 2024-09-30 08677436 2023-09-30 08677436 core:OfficeEquipment 2023-09-30 08677436 core:PlantMachinery 2023-09-30 08677436 2022-10-01 2023-09-30 08677436 2023-09-30 08677436 bus:OrdinaryShareClass1 2023-09-30 08677436 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 08677436 core:OfficeEquipment 2023-09-30 08677436 core:PlantMachinery 2023-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08677436

TEKMercia Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 September 2024

 

TEKMercia Limited

(Registration number: 08677436)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

5,246

1,188

Current assets

 

Cash at bank and in hand

 

60,871

80,483

Creditors: Amounts falling due within one year

5

(13,293)

(10,202)

Net current assets

 

47,578

70,281

Total assets less current liabilities

 

52,824

71,469

Provisions for liabilities

(1,311)

(226)

Net assets

 

51,513

71,243

Capital and reserves

 

Called up share capital

6

100

100

Retained earnings

51,413

71,143

Shareholders' funds

 

51,513

71,243

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

 

TEKMercia Limited

(Registration number: 08677436)
Balance Sheet as at 30 September 2024
(continued)

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 December 2024
 

.........................................
Dr Geoffrey Alan Steel
Director

 

TEKMercia Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
St Ethelbert House
Ryelands Street
Hereford
HR4 0LA
England

The principal place of business is:
The Old Post Office
Huntington
Kington
Herefordshire
HR5 3PY
United Kingdom

These financial statements were authorised for issue by the director on 6 December 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

 

TEKMercia Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024
(continued)

2

Accounting policies (continued)

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Computer equipment

33% of cost per annum

Plant and machinery

15% straight line

 

TEKMercia Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024
(continued)

2

Accounting policies (continued)

trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

TEKMercia Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024
(continued)

4

Tangible assets

Plant and machinery
£

Office equipment
£

Total
£

Cost or valuation

At 1 October 2023

1,405

18,366

19,771

Additions

4,296

158

4,454

At 30 September 2024

5,701

18,524

24,225

Depreciation

At 1 October 2023

217

18,366

18,583

Charge for the year

357

39

396

At 30 September 2024

574

18,405

18,979

Carrying amount

At 30 September 2024

5,127

119

5,246

At 30 September 2023

1,188

-

1,188

 

TEKMercia Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024
(continued)

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

11,364

8,325

Accruals and deferred income

1,599

1,547

Other creditors

330

330

13,293

10,202

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary class shares of £1 each

100

100

100

100