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REGISTERED NUMBER: 02689376 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Techies Limited

Techies Limited (Registered number: 02689376)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Techies Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: G Monks
Mrs M Monks





SECRETARY: Mrs M Monks





REGISTERED OFFICE: 318-320 Bedford Heights Business Centre
Brickhill Drive
Bedford
Bedfordshire
MK41 7PH





REGISTERED NUMBER: 02689376 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

Techies Limited (Registered number: 02689376)

Statement of Financial Position
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 14,483 23,111

CURRENT ASSETS
Debtors 6 267,736 239,577
Cash at bank 142,026 102,918
409,762 342,495
CREDITORS
Amounts falling due within one year 7 176,071 133,979
NET CURRENT ASSETS 233,691 208,516
TOTAL ASSETS LESS CURRENT
LIABILITIES

248,174

231,627

PROVISIONS FOR LIABILITIES 3,652 6,775
NET ASSETS 244,522 224,852

CAPITAL AND RESERVES
Called up share capital 130 130
Capital redemption reserve 50 50
Retained earnings 244,342 224,672
SHAREHOLDERS' FUNDS 244,522 224,852

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.

Techies Limited (Registered number: 02689376)

Statement of Financial Position - 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 July 2025 and were signed on its behalf by:





G Monks - Director


Techies Limited (Registered number: 02689376)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Techies 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Revenue has been recognised as the company obtains the right to consideration.

In respect of the sale of goods the company obtains the right to consideration when delivery of the goods occurs.

In respect of ongoing services the right to consideration accrues across the service period and any amount outside of the balance sheet date is carried forward as deferred income or accrued income as appropriate.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - over the life of the lease
Fixtures and fittings - at varying rates on cost
Motor vehicles - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Techies Limited (Registered number: 02689376)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

3. 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor
property fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2024 18,820 43,175 33,695 95,690
Additions - 742 - 742
At 31 March 2025 18,820 43,917 33,695 96,432
DEPRECIATION
At 1 April 2024 18,820 40,813 12,946 72,579
Charge for year - 1,020 8,350 9,370
At 31 March 2025 18,820 41,833 21,296 81,949
NET BOOK VALUE
At 31 March 2025 - 2,084 12,399 14,483
At 31 March 2024 - 2,362 20,749 23,111

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 231,033 193,637
Other debtors 1,436 6,086
Directors' current accounts 31,348 34,312
Tax 2,209 2,209
Prepayments 1,710 3,333
267,736 239,577

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 72,133 49,944
Tax 27,288 23,771
Social security and other taxes 2,387 3,442
VAT 70,518 54,538
Other creditors 657 654
Accruals and deferred income 3,088 1,630
176,071 133,979

Techies Limited (Registered number: 02689376)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

A director owed £34,312 to the company at the start of the year. During the year £34,320 was repaid and a further £31,356 borrowed leaving an amount of £31,348 owed by the director at the end of the year. The loan is repayable on demand and no interest was incurred.