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REGISTERED NUMBER: 05379508 (England and Wales)








Unaudited Financial Statements

for the Year Ended 30 April 2025

for

TEP Technica Limited

TEP Technica Limited (Registered number: 05379508)

Contents of the Financial Statements
for the Year Ended 30 April 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TEP Technica Limited

Company Information
for the Year Ended 30 April 2025







DIRECTORS: T R Brown
Mrs S R Downs
S P Downs
Mrs M Downs
B Downs





SECRETARY: Mrs S R Downs





REGISTERED OFFICE: 45 Murrell Green Business Park
London Road
Hook
Hampshire
RG27 9GR





REGISTERED NUMBER: 05379508 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

TEP Technica Limited (Registered number: 05379508)

Balance Sheet
30 April 2025

30.4.25 30.4.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 199,747 201,060
199,747 201,060

CURRENT ASSETS
Stocks 1,047,576 1,265,659
Debtors 6 477,858 468,914
Cash at bank 1,595,996 1,370,257
3,121,430 3,104,830
CREDITORS
Amounts falling due within one year 7 449,521 450,636
NET CURRENT ASSETS 2,671,909 2,654,194
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,871,656

2,855,254

PROVISIONS FOR LIABILITIES 8 4,342 4,596
NET ASSETS 2,867,314 2,850,658

CAPITAL AND RESERVES
Called up share capital 9 2,000 2,000
Retained earnings 2,865,314 2,848,658
SHAREHOLDERS' FUNDS 2,867,314 2,850,658

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

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

TEP Technica Limited (Registered number: 05379508)

Balance Sheet - continued
30 April 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 12 August 2025 and were signed on its behalf by:




B Downs - Director



S P Downs - Director


TEP Technica Limited (Registered number: 05379508)

Notes to the Financial Statements
for the Year Ended 30 April 2025


1. STATUTORY INFORMATION

TEP Technica 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.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 5% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% 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.

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

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 balance sheet date.

TEP Technica Limited (Registered number: 05379508)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025


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, adjusted for indexation where applicable.

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.

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.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 May 2024
and 30 April 2025 106,299
AMORTISATION
At 1 May 2024
and 30 April 2025 106,299
NET BOOK VALUE
At 30 April 2025 -
At 30 April 2024 -

TEP Technica Limited (Registered number: 05379508)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025


5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 May 2024 377,799 24,268 35,049
Additions - - 5,814
At 30 April 2025 377,799 24,268 40,863
DEPRECIATION
At 1 May 2024 196,770 17,901 26,993
Charge for year - 3,185 4,350
At 30 April 2025 196,770 21,086 31,343
NET BOOK VALUE
At 30 April 2025 181,029 3,182 9,520
At 30 April 2024 181,029 6,367 8,056

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2024 12,553 32,623 482,292
Additions - 6,362 12,176
At 30 April 2025 12,553 38,985 494,468
DEPRECIATION
At 1 May 2024 12,553 27,015 281,232
Charge for year - 5,954 13,489
At 30 April 2025 12,553 32,969 294,721
NET BOOK VALUE
At 30 April 2025 - 6,016 199,747
At 30 April 2024 - 5,608 201,060

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Trade debtors 460,019 451,075
Other debtors 17,839 17,839
477,858 468,914

TEP Technica Limited (Registered number: 05379508)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Trade creditors 105,285 203,553
Taxation and social security 333,990 238,702
Other creditors 10,246 8,381
449,521 450,636

8. PROVISIONS FOR LIABILITIES
30.4.25 30.4.24
£    £   
Deferred tax 4,342 4,596

Deferred
tax
£   
Balance at 1 May 2024 4,596
Accelerated capital allowances (254 )
Balance at 30 April 2025 4,342

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.25 30.4.24
value: £    £   
1,000 Ordinary A £1 1,000 1,000
270 Ordinary B £1 270 270
250 Ordinary C £1 250 250
195 Ordinary D £1 195 195
185 Ordinary E £1 185 185
100 Ordinary F £1 100 100
2,000 2,000