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REGISTERED NUMBER: 03948755 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st May 2024

for

Contech Holdings Limited

Contech Holdings Limited (Registered number: 03948755)






Contents of the Financial Statements
for the Year Ended 31st May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Contech Holdings Limited

Company Information
for the Year Ended 31st May 2024







DIRECTOR: P Musgrove





REGISTERED OFFICE: Unit 3
Chrysalis Way,
Langley Bridge Industrial Estate
Eastwood
Nottinghamshire
NG16 3RY





REGISTERED NUMBER: 03948755 (England and Wales)

Contech Holdings Limited (Registered number: 03948755)

Balance Sheet
31st May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 363,782 274,910
Investments 5 200 200
363,982 275,110

CURRENT ASSETS
Debtors 6 16,840 120,296
Cash at bank 4,024 87,711
20,864 208,007
CREDITORS
Amounts falling due within one year 7 5,214 75,177
NET CURRENT ASSETS 15,650 132,830
TOTAL ASSETS LESS CURRENT
LIABILITIES

379,632

407,940

PROVISIONS FOR LIABILITIES 8 17,743 -
NET ASSETS 361,889 407,940

CAPITAL AND RESERVES
Called up share capital 9 50 50
Share premium (609,750 ) (609,750 )
Retained earnings 971,589 1,017,640
SHAREHOLDERS' FUNDS 361,889 407,940

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

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

Contech Holdings Limited (Registered number: 03948755)

Balance Sheet - continued
31st May 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 director and authorised for issue on 20th February 2025 and were signed by:





P Musgrove - Director


Contech Holdings Limited (Registered number: 03948755)

Notes to the Financial Statements
for the Year Ended 31st May 2024

1. STATUTORY INFORMATION

Contech Holdings 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
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 1 (2023 - 1 ) .

Contech Holdings Limited (Registered number: 03948755)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Motor
property fittings vehicles Totals
£    £    £    £   
COST
At 1st June 2023 270,400 5,034 - 275,434
Additions - - 120,000 120,000
At 31st May 2024 270,400 5,034 120,000 395,434
DEPRECIATION
At 1st June 2023 - 524 - 524
Charge for year - 1,128 30,000 31,128
At 31st May 2024 - 1,652 30,000 31,652
NET BOOK VALUE
At 31st May 2024 270,400 3,382 90,000 363,782
At 31st May 2023 270,400 4,510 - 274,910

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st June 2023
and 31st May 2024 200
NET BOOK VALUE
At 31st May 2024 200
At 31st May 2023 200

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Basford Plant Ltd.
Registered office:
Nature of business: Manufacturing
%
Class of shares: holding
Ordinary 100.00

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,114 5,205
Amounts owed by group undertakings 11,760 112,160
Other debtors 1,966 2,931
16,840 120,296

Contech Holdings Limited (Registered number: 03948755)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,114 1
Taxation and social security 300 73,426
Other creditors 1,800 1,750
5,214 75,177

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 17,743 -

Deferred
tax
£   
Provided during year 17,743
Provision for year
Balance at 31st May 2024 17,743

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
50 ORDINARY £1 50 50