1 August 2023 false No description of principal activity Taxfiler 2024.6 SC539718business:PrivateLimitedCompanyLtd2023-08-012024-07-31 SC5397182023-07-31 SC5397182023-08-012024-07-31 SC539718business:AuditExempt-NoAccountantsReport2023-08-012024-07-31 SC539718business:FilletedAccounts2023-08-012024-07-31 SC5397182024-07-31 SC539718business:Director12023-08-012024-07-31 SC539718business:Director22023-08-012024-07-31 SC539718business:RegisteredOffice2023-08-012024-07-31 SC5397182023-07-31 SC539718core:WithinOneYear2024-07-31 SC539718core:WithinOneYear2023-07-31 SC539718core:AfterOneYear2024-07-31 SC539718core:AfterOneYear2023-07-31 SC539718core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 SC539718core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 SC539718core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 SC539718core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 SC539718core:PreviouslyStatedAmount2024-07-31 SC539718core:PreviouslyStatedAmount2023-07-31 SC539718business:SmallEntities2023-08-012024-07-31 SC539718countries:Scotland2023-08-012024-07-31 SC539718core:LandBuildings2023-08-012024-07-31 SC539718core:PlantMachinery2023-08-012024-07-31 SC539718core:MotorVehicles2023-08-012024-07-31 SC539718core:ComputerEquipment2023-08-012024-07-31 SC539718core:IntangibleAssetsOtherThanGoodwill2023-07-31 SC539718core:IntangibleAssetsOtherThanGoodwill2024-07-31 SC539718core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-31 SC539718core:LandBuildings2023-07-31 SC539718core:PlantMachinery2023-07-31 SC539718core:MotorVehicles2023-07-31 SC539718core:ComputerEquipment2023-07-31 SC539718core:LandBuildings2024-07-31 SC539718core:PlantMachinery2024-07-31 SC539718core:MotorVehicles2024-07-31 SC539718core:ComputerEquipment2024-07-31 SC5397182022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC539718 (Scotland)
Techmak Engineering Limited Unaudited accounts for the year ended 31 July 2024
Techmak Engineering Limited Unaudited accounts Contents
Page
- 2 -
Techmak Engineering Limited Company Information for the year ended 31 July 2024
Directors
Krzysztof Artur Golab Michael William Hill
Company Number
SC539718 (Scotland)
Registered Office
Workshop, Blackdog Croft Blackdog, Bridge of Don Aberdeen AB23 8BT
Accountants
Granite Accountants (Aberdeen) Limited 2 Queens Road Aberdeen AB15 4ZT
- 3 -
Techmak Engineering Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
5,012 
6,062 
Tangible assets
74,426 
90,700 
79,438 
96,762 
Current assets
Inventories
238,981 
162,007 
Debtors
135,852 
126,090 
Cash at bank and in hand
831,852 
464,447 
1,206,685 
752,544 
Creditors: amounts falling due within one year
(337,404)
(314,879)
Net current assets
869,281 
437,665 
Total assets less current liabilities
948,719 
534,427 
Creditors: amounts falling due after more than one year
(14,806)
(24,948)
Provisions for liabilities
Deferred tax
(18,607)
(22,658)
Net assets
915,306 
486,821 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
915,206 
486,721 
Shareholders' funds
915,306 
486,821 
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2025 and were signed on its behalf by
Michael William Hill Director Company Registration No. SC539718
- 4 -
Techmak Engineering Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Techmak Engineering Limited is a private company, limited by shares, registered in Scotland, registration number SC539718. The registered office is Workshop, Blackdog Croft, Blackdog, Bridge of Don, Aberdeen, AB23 8BT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
5 years straight line
Plant & machinery
5 years straight line
Motor vehicles
5 years reducing balance
Computer equipment
5 years straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
Techmak Engineering Limited Notes to the Accounts for the year ended 31 July 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 August 2023
10,499 
At 31 July 2024
10,499 
Amortisation
At 1 August 2023
4,437 
Charge for the year
1,050 
At 31 July 2024
5,487 
Net book value
At 31 July 2024
5,012 
At 31 July 2023
6,062 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 August 2023
18,011 
17,663 
83,069 
7,999 
126,742 
Additions
- 
4,012 
- 
2,025 
6,037 
Disposals
- 
- 
- 
(1,365)
(1,365)
At 31 July 2024
18,011 
21,675 
83,069 
8,659 
131,414 
Depreciation
At 1 August 2023
7,122 
9,917 
14,385 
4,618 
36,042 
Charge for the year
2,450 
3,794 
13,737 
1,579 
21,560 
On disposals
- 
- 
- 
(614)
(614)
At 31 July 2024
9,572 
13,711 
28,122 
5,583 
56,988 
Net book value
At 31 July 2024
8,439 
7,964 
54,947 
3,076 
74,426 
At 31 July 2023
10,889 
7,746 
68,684 
3,381 
90,700 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
4,785 
12,690 
Trade debtors
124,004 
79,382 
Accrued income and prepayments
4,563 
31,518 
Other debtors
2,500 
2,500 
135,852 
126,090 
- 6 -
Techmak Engineering Limited Notes to the Accounts for the year ended 31 July 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,086 
9,888 
Trade creditors
64,677 
105,819 
Taxes and social security
246,164 
133,864 
Other creditors
8,080 
34,086 
Loans from directors
8,397 
30,327 
Accruals
- 
895 
337,404 
314,879 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
14,806 
24,948 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
- 7 -