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REGISTERED NUMBER: 13435929 (England and Wales)














Unaudited Financial Statements

For The Year Ended 31st July 2024

for

Tech Hose Limited

Tech Hose Limited (Registered number: 13435929)






Contents of the Financial Statements
For The Year Ended 31st July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 8

Tech Hose Limited

Company Information
For The Year Ended 31st July 2024







DIRECTORS: R I Northmore
Mrs K Northmore
C Northmore
Mrs R S Morgan





REGISTERED OFFICE: Unit 14
Tarsmill Court
Rotherwas Industrial Estate
Hereford
Herefordshire
HR2 6JZ





REGISTERED NUMBER: 13435929 (England and Wales)





ACCOUNTANTS: Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE

Tech Hose Limited (Registered number: 13435929)

Balance Sheet
31st July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 16,844 21,011
Tangible assets 5 75,578 100,167
92,422 121,178

CURRENT ASSETS
Stocks 6 146,000 145,360
Debtors 7 481,093 668,015
Cash at bank and in hand 104,531 100,427
731,624 913,802
CREDITORS
Amounts falling due within one year 8 633,003 651,291
NET CURRENT ASSETS 98,621 262,511
TOTAL ASSETS LESS CURRENT
LIABILITIES

191,043

383,689

CREDITORS
Amounts falling due after more than one
year

9

(15,384

)

(43,127

)

PROVISIONS FOR LIABILITIES 11 (14,381 ) (17,002 )
NET ASSETS 161,278 323,560

CAPITAL AND RESERVES
Called up share capital 12 300 300
Retained earnings 13 160,978 323,260
SHAREHOLDERS' FUNDS 161,278 323,560

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

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

Tech Hose Limited (Registered number: 13435929)

Balance Sheet - continued
31st July 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 and authorised for issue by the Board of Directors and authorised for issue on 14th March 2025 and were signed on its behalf by:





Mrs K Northmore - Director


Tech Hose Limited (Registered number: 13435929)

Notes to the Financial Statements
For The Year Ended 31st July 2024

1. STATUTORY INFORMATION

Tech Hose 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Tech Hose Limited (Registered number: 13435929)

Notes to the Financial Statements - continued
For The Year Ended 31st July 2024

2. ACCOUNTING POLICIES - continued

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 14 (2023 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st August 2023 24,400
Additions 4,200
At 31st July 2024 28,600
AMORTISATION
At 1st August 2023 3,389
Charge for year 8,367
At 31st July 2024 11,756
NET BOOK VALUE
At 31st July 2024 16,844
At 31st July 2023 21,011

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st August 2023 20,305 107,459 14,004 141,768
Additions 1,215 - 1,431 2,646
At 31st July 2024 21,520 107,459 15,435 144,414
DEPRECIATION
At 1st August 2023 6,161 28,702 6,738 41,601
Charge for year 3,849 19,689 3,697 27,235
At 31st July 2024 10,010 48,391 10,435 68,836
NET BOOK VALUE
At 31st July 2024 11,510 59,068 5,000 75,578
At 31st July 2023 14,144 78,757 7,266 100,167

Tech Hose Limited (Registered number: 13435929)

Notes to the Financial Statements - continued
For The Year Ended 31st July 2024

6. STOCKS
31.7.24 31.7.23
£    £   
Stocks 146,000 145,360

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 481,093 668,015

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 178,913 324,401
Lloyds Commercial Finance A/C 263,848 175,148
Tax 106,456 72,684
Pension Control Account 1,057 594
VAT 66,854 63,325
Directors' current accounts 442 442
Accrued expenses 15,433 14,697
633,003 651,291

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Hire purchase contracts 15,384 43,127

10. SECURED DEBTS

The following secured debts are included within creditors:

31.7.24 31.7.23
£    £   
Lloyds Commercial Finance 263,848 175,148

Secured by a fixed and floating charge over the assets of the company.

11. PROVISIONS FOR LIABILITIES
31.7.24 31.7.23
£    £   
Deferred tax 14,381 17,002

Deferred
tax
£   
Balance at 1st August 2023 17,002
Credit to Income Statement during year (2,621 )
Balance at 31st July 2024 14,381

Tech Hose Limited (Registered number: 13435929)

Notes to the Financial Statements - continued
For The Year Ended 31st July 2024

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary £1 100 100
100 A Ordinary £1 100 100
100 B Ordinary £1 100 100
300 300

13. RESERVES
Retained
earnings
£   

At 1st August 2023 323,260
Profit for the year 277,922
Dividends (440,204 )
At 31st July 2024 160,978

14. RELATED PARTY DISCLOSURES

During the year, total dividends of £440,204 were paid to the directors .

15. ULTIMATE CONTROLLING PARTY

There is no overall controlling entity.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Tech Hose Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tech Hose Limited for the year ended 31st July 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Tech Hose Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tech Hose Limited and state those matters that we have agreed to state to the Board of Directors of Tech Hose Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Tech Hose Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Tech Hose Limited. You consider that Tech Hose Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Tech Hose Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE


Date: 14th March 2025