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REGISTERED NUMBER: 06996762 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Tek Valve Limited

Tek Valve Limited (Registered number: 06996762)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Tek Valve Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: J D Saunders





REGISTERED OFFICE: Boardman Conway
23A High Street
Weaverham
Northwich
Cheshire
CW8 3HA





REGISTERED NUMBER: 06996762 (England and Wales)





ACCOUNTANTS: Boardman Conway
23A High Street
Weaverham
Northwich
Cheshire
CW8 3HA

Tek Valve Limited (Registered number: 06996762)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £   
CURRENT ASSETS
Debtors 5 648 -
Cash at bank 88 237
736 237
CREDITORS
Amounts falling due within one year 6 1,491 2,601
NET CURRENT LIABILITIES (755 ) (2,364 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(755

)

(2,364

)

CREDITORS
Amounts falling due after more than one
year

7

2,471

2,957
NET LIABILITIES (3,226 ) (5,321 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (3,227 ) (5,322 )
SHAREHOLDERS' FUNDS (3,226 ) (5,321 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

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 17 June 2025 and were signed by:





J D Saunders - Director


Tek Valve Limited (Registered number: 06996762)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Tek Valve 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Income is recognised in the month the services are performed.

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 - 20% straight line

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment losses, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the assets belongs.

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 1 (2023 - 1 ) .

Tek Valve Limited (Registered number: 06996762)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 October 2023
and 30 September 2024 4,456
DEPRECIATION
At 1 October 2023
and 30 September 2024 4,456
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Director's loan account 648 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 486 486
Tax 525 181
Social security and other taxes - 950
VAT - 223
Director's loan account - 71
Accrued expenses 480 690
1,491 2,601

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans - 1-2 years 486 486
Bank loans - 2-5 years 1,458 1,458
Bank loans more 5 yr by instal 527 1,013
2,471 2,957

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 527 1,013

Tek Valve Limited (Registered number: 06996762)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
J D Saunders
Balance outstanding at start of year (71 ) (11 )
Amounts advanced 7,045 11,189
Amounts repaid (6,326 ) (11,249 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 648 (71 )