| Registered Number:04620615 |
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
Tectag Ltd
Statement of Financial Position
2023
2024
| Property, plant and equipment |
30,094
-
3
30,094
-
| Trade and other receivables |
36,582
20,734
4
182,755
| Cash and cash equivalents |
169,562
190,296
219,337
| Trade and other payables: amounts falling due within one |
| year |
(24,261)
(19,969)
5
195,076
170,327
Net current assets
| Total assets less current liabilities |
200,421
195,076
| Trade and other payables: amounts falling due after more |
| than one year |
-
(12,957)
6
187,464
Net assets
195,076
1
1
187,463
195,075
187,464
195,076
Shareholders' funds
| For the year ended 31 December 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Paul Martin McCullagh Director |
| These financial statements were approved and authorised for issue by the Board on 14 May 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2024
Tectag Ltd
Notes to the Financial Statements
Statutory Information
| Tectag Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 04620615. |
5 Willow Grove
Chippenham
Wiltshire
SN15 1AR
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
Hire purchase and leasing commitments
| Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis. |
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For the year ended 31 December 2024
Tectag Ltd
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
30,000
30,000
30,000
30,000
-
-
| 3. Property, plant and equipment |
Motor vehicles
35,729
32,475
3,254
40,125
40,125
-
(32,475)
-
(32,475)
3,254
40,125
43,379
| Provision for depreciation and impairment |
35,729
32,475
3,254
Charge for year
10,031
10,031
-
(32,475)
(32,475)
-
13,285
10,031
3,254
-
30,094
30,094
-
-
-
| 4. Trade and other receivables |
2023
2024
10,734
26,582
10,000
10,000
36,582
20,734
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For the year ended 31 December 2024
Tectag Ltd
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2023
2024
| Taxation and social security |
7,139
21,213
12,830
3,048
19,969
24,261
| 6. Trade and other payables: amounts falling due after more than one year |
2023
2024
12,957
-
| 7. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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