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REGISTERED NUMBER: 09745338 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

TECHNICAL PRODUCTION SERVICES LTD

TECHNICAL PRODUCTION SERVICES LTD (REGISTERED NUMBER: 09745338)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TECHNICAL PRODUCTION SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: A J Cheshire
Mrs J E Cheshire





SECRETARY: Mrs J E Cheshire





REGISTERED OFFICE: Orchid House Street End Lane
Broad Oak
Heathfield
TN21 8TS





REGISTERED NUMBER: 09745338 (England and Wales)





ACCOUNTANTS: Watson Associates (Professional Services) Limited
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

TECHNICAL PRODUCTION SERVICES LTD (REGISTERED NUMBER: 09745338)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 37,678 3,398

CURRENT ASSETS
Stocks 216,084 76,228
Debtors 5 113,130 57,492
Cash at bank 18,314 37,633
347,528 171,353
CREDITORS
Amounts falling due within one year 6 (365,077 ) (206,304 )
NET CURRENT LIABILITIES (17,549 ) (34,951 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,129

(31,553

)

CREDITORS
Amounts falling due after more than one
year

7

(11,238

)

(20,716

)

PROVISIONS FOR LIABILITIES (7,657 ) (850 )
NET ASSETS/(LIABILITIES) 1,234 (53,119 )

CAPITAL AND RESERVES
Called up share capital 8 120 120
Retained earnings 1,114 (53,239 )
SHAREHOLDERS' FUNDS 1,234 (53,119 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

TECHNICAL PRODUCTION SERVICES LTD (REGISTERED NUMBER: 09745338)

BALANCE SHEET - continued
31 AUGUST 2024


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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2025 and were signed on its behalf by:





A J Cheshire - Director


TECHNICAL PRODUCTION SERVICES LTD (REGISTERED NUMBER: 09745338)

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

1. STATUTORY INFORMATION

Technical Production Services 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.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of the financial assets and liabilities like trade and other accounts receivable and payable, loans from bank and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at the amortised cost using the effective interest method

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is no intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.


TECHNICAL PRODUCTION SERVICES LTD (REGISTERED NUMBER: 09745338)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 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
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 2 (2023 - NIL ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023 1,037 - 15,594 16,631
Additions 4,456 26,500 13,711 44,667
At 31 August 2024 5,493 26,500 29,305 61,298
DEPRECIATION
At 1 September 2023 779 - 12,454 13,233
Charge for year 714 6,625 3,048 10,387
At 31 August 2024 1,493 6,625 15,502 23,620
NET BOOK VALUE
At 31 August 2024 4,000 19,875 13,803 37,678
At 31 August 2023 258 - 3,140 3,398

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 88,358 57,492
Other debtors 24,772 -
113,130 57,492

TECHNICAL PRODUCTION SERVICES LTD (REGISTERED NUMBER: 09745338)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,434 9,219
Trade creditors 34,127 -
Taxation and social security 315,635 193,915
Other creditors 5,881 3,170
365,077 206,304

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 11,238 20,716

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
120 Ordinary £1.00 120 120

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£    £   
A J Cheshire
Balance outstanding at start of year (671 ) (585 )
Amounts advanced 185,692 111,507
Amounts repaid (172,121 ) (111,593 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 12,900 (671 )