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REGISTERED NUMBER: 11183768 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

T2 ALLOYS LIMITED

T2 ALLOYS LIMITED (REGISTERED NUMBER: 11183768)






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


T2 ALLOYS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2025







DIRECTORS: I A Johnstone
R Muro
J N Zbihlyj





REGISTERED OFFICE: 200A, Ashchurch Business Centre,
Alexandra Way
Tewkesbury
Gloucestershire
GL20 8TD





REGISTERED NUMBER: 11183768 (England and Wales)





ACCOUNTANTS: Kingscott Dix (Cheltenham) Limited
7 Rockfield Business Park
Old Station Drive
Leckhampton
Cheltenham
GL53 0AN

T2 ALLOYS LIMITED (REGISTERED NUMBER: 11183768)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £   
FIXED ASSETS
Intangible assets 4 22,500 30,000
Tangible assets 5 11,564 14,045
34,064 44,045

CURRENT ASSETS
Stocks 222,584 180,142
Debtors 6 98,257 132,137
Cash at bank and in hand 15,742 15,770
336,583 328,049
CREDITORS
Amounts falling due within one year 7 (143,728 ) (117,636 )
NET CURRENT ASSETS 192,855 210,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

226,919

254,458

CREDITORS
Amounts falling due after more than one
year

8

(3,480

)

(5,000

)

PROVISIONS FOR LIABILITIES (2,891 ) (3,511 )
NET ASSETS 220,548 245,947

CAPITAL AND RESERVES
Called up share capital 15,000 15,000
Retained earnings 205,548 230,947
220,548 245,947

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 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.

T2 ALLOYS LIMITED (REGISTERED NUMBER: 11183768)

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 Board of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by:





I A Johnstone - Director


T2 ALLOYS LIMITED (REGISTERED NUMBER: 11183768)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

T2 Alloys 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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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 - 15% 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.

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 3 (2024 - 3 ) .

T2 ALLOYS LIMITED (REGISTERED NUMBER: 11183768)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2024
and 31 March 2025 75,000
AMORTISATION
At 1 April 2024 45,000
Charge for year 7,500
At 31 March 2025 52,500
NET BOOK VALUE
At 31 March 2025 22,500
At 31 March 2024 30,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 35,204
Additions 2,116
At 31 March 2025 37,320
DEPRECIATION
At 1 April 2024 21,159
Charge for year 4,597
At 31 March 2025 25,756
NET BOOK VALUE
At 31 March 2025 11,564
At 31 March 2024 14,045

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 71,727 108,099
Other debtors 26,530 24,038
98,257 132,137

T2 ALLOYS LIMITED (REGISTERED NUMBER: 11183768)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 24,344 14,354
Trade creditors 56,664 21,691
Taxation and social security 57,221 77,863
Other creditors 5,499 3,728
143,728 117,636

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Other creditors 3,480 5,000

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year 60,617 54,404
Between one and five years 96,575 112,707
157,192 167,111