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REGISTERED NUMBER: 01232637 (England and Wales)









FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

TEST PLUGS LIMITED

TEST PLUGS LIMITED (REGISTERED NUMBER: 01232637)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TEST PLUGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: M G Dereve





REGISTERED OFFICE: Unit 4c
Woodhall Business Park
Sudbury
Suffolk
CO10 1WH





REGISTERED NUMBER: 01232637 (England and Wales)





ACCOUNTANTS: B W Whiffin & Co Ltd
PO Box 13010
Halstead
Essex
CO9 9BP

TEST PLUGS LIMITED (REGISTERED NUMBER: 01232637)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,257 3,496
Investments 5 2 2
2,259 3,498

CURRENT ASSETS
Stocks 171,129 148,935
Debtors 6 124,969 145,127
Cash at bank 326,918 331,785
623,016 625,847
CREDITORS
Amounts falling due within one year 7 109,833 119,487
NET CURRENT ASSETS 513,183 506,360
TOTAL ASSETS LESS CURRENT
LIABILITIES

515,442

509,858

PROVISIONS FOR LIABILITIES 550 853
NET ASSETS 514,892 509,005

CAPITAL AND RESERVES
Called up share capital 1,100 1,100
Retained earnings 513,792 507,905
SHAREHOLDERS' FUNDS 514,892 509,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

TEST PLUGS LIMITED (REGISTERED NUMBER: 01232637)

BALANCE SHEET - continued
31 MARCH 2025


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 16 April 2025 and were signed by:





M G Dereve - Director


TEST PLUGS LIMITED (REGISTERED NUMBER: 01232637)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Test Plugs 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 33,326
DEPRECIATION
At 1 April 2024 29,830
Charge for year 1,239
At 31 March 2025 31,069
NET BOOK VALUE
At 31 March 2025 2,257
At 31 March 2024 3,496

TEST PLUGS LIMITED (REGISTERED NUMBER: 01232637)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2024
and 31 March 2025 2
NET BOOK VALUE
At 31 March 2025 2
At 31 March 2024 2

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 124,969 145,127

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 57,721 62,036
Taxation and social security 49,612 54,951
Other creditors 2,500 2,500
109,833 119,487

8. ULTIMATE CONTROLLING PARTY

The controlling party is M G Dereve.