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REGISTERED NUMBER: 07154761 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2024

FOR

TUBE BEND FORM INTERNATIONAL LTD

TUBE BEND FORM INTERNATIONAL LTD (REGISTERED NUMBER: 07154761)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


TUBE BEND FORM INTERNATIONAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







Directors: G Meek
H Watson





Registered office: Unit 7 Bloxwich Industrial Estate
Bloxwich Lane
Walsall
West Midlands
WS2 8DL





Registered number: 07154761 (England and Wales)





Accountants: Athos Business Solutions Limited
1623 Warwick Road
Knowle
Solihull
West Midlands
B93 9LF

TUBE BEND FORM INTERNATIONAL LTD (REGISTERED NUMBER: 07154761)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 291,911 324,166

CURRENT ASSETS
Stocks 36,364 45,556
Debtors: amounts falling due within one year 5 308,412 347,422
Debtors: amounts falling due after more than
one year

5

403,739

26,864
Cash at bank 14,285 22,685
762,800 442,527
CREDITORS
Amounts falling due within one year 6 530,872 418,310
NET CURRENT ASSETS 231,928 24,217
TOTAL ASSETS LESS CURRENT
LIABILITIES

523,839

348,383

CREDITORS
Amounts falling due after more than one
year

7

(266,951

)

(47,509

)

PROVISIONS FOR LIABILITIES (52,283 ) (47,636 )
NET ASSETS 204,605 253,238

TUBE BEND FORM INTERNATIONAL LTD (REGISTERED NUMBER: 07154761)

BALANCE SHEET - continued
31 DECEMBER 2024

2024 2023
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 11,992 11,992
Capital redemption reserve 8 8
Retained earnings 192,505 241,138
204,605 253,238

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

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 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.

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 6 August 2025 and were signed on its behalf by:





G Meek - Director


TUBE BEND FORM INTERNATIONAL LTD (REGISTERED NUMBER: 07154761)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Tube Bend Form International Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 10% on cost
Fixtures & Fittings - 25% on cost and 10% on cost
Computer equipment - 25% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


TUBE BEND FORM INTERNATIONAL LTD (REGISTERED NUMBER: 07154761)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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 18 (2023 - 17 ) .

TUBE BEND FORM INTERNATIONAL LTD (REGISTERED NUMBER: 07154761)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. TANGIBLE FIXED ASSETS
Plant and Fixtures Computer
machinery & Fittings equipment Totals
£    £    £    £   
Cost
At 1 January 2024 877,642 29,075 51,612 958,329
Additions 50,408 8,798 1,000 60,206
Disposals (67,000 ) - - (67,000 )
At 31 December 2024 861,050 37,873 52,612 951,535
Depreciation
At 1 January 2024 564,293 23,441 46,429 634,163
Charge for year 53,908 5,898 3,063 62,869
Eliminated on disposal (37,408 ) - - (37,408 )
At 31 December 2024 580,793 29,339 49,492 659,624
Net book value
At 31 December 2024 280,257 8,534 3,120 291,911
At 31 December 2023 313,349 5,634 5,183 324,166

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
Cost
Additions 26,480
At 31 December 2024 26,480
Depreciation
Charge for year 1,324
At 31 December 2024 1,324
Net book value
At 31 December 2024 25,156

TUBE BEND FORM INTERNATIONAL LTD (REGISTERED NUMBER: 07154761)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 245,234 279,271
Other debtors 63,178 68,151
308,412 347,422

Amounts falling due after more than one year:
Other debtors 403,739 26,864

Aggregate amounts 712,151 374,286

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,375 10,270
Hire purchase contracts 8,960 29,667
Trade creditors 168,509 176,689
Taxation and social security 52,968 32,792
Other creditors 290,060 168,892
530,872 418,310

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 5,285 15,110
Hire purchase contracts 13,440 -
Other creditors 248,226 32,399
266,951 47,509