Techcomlight Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12058395

Techcomlight Limited

Filleted Unaudited Financial Statements

31 December 2024

Techcomlight Limited

Financial Statements

Year ended 31 December 2024

Contents	Page

Balance sheet	1

Notes to the financial statements	3

Techcomlight Limited

Balance Sheet

31 December 2024

	2024		2023
Note	£	£	£

Fixed assets

Intangible assets	5	–	700
Tangible assets	6	–	565
		----	-------
		–	1,265

Current assets

Stocks		21,892	24,572
Debtors	7	74,768	80,665
Cash at bank and in hand		8,640	3,907
		---------	---------
		105,300	109,144

Creditors: amounts falling due within one year	8	158,605		98,912
		---------		---------
Net current (liabilities)/assets			( 53,305)	10,232
			--------	--------
Total assets less current liabilities			( 53,305)	11,497

Provisions

Taxation including deferred tax	–	107
	--------	--------
Net (liabilities)/assets	( 53,305)	11,390
	--------	--------

Techcomlight Limited

Balance Sheet (continued)

31 December 2024

	2024		2023
Note	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 53,405)	11,290
	--------	--------
Shareholders (deficit)/funds	( 53,305)	11,390
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 28 August 2025 , and are signed on behalf of the board by:

Mr M Veldjesgraaf
Director

Company registration number: 12058395

Techcomlight Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Going concern

With the support of its parent company, the director has concluded the company will have adequate resources to continue in operational existence for at least 12 months from the date of approval of these financial statements. Accordingly he continues to adopt the going concern basis in preparing these financial statements.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Technical information	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant and machinery	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).

5. Intangible assets

	Technical information
	£
Cost
At 1 January 2024	6,000
Additions	–
Disposals	( 6,000)
	-------
At 31 December 2024	–
	-------
Amortisation
At 1 January 2024	5,300
Charge for the year	700
Disposals	( 6,000)
	-------
At 31 December 2024	–
	-------
Carrying amount
At 31 December 2024	–
	-------
At 31 December 2023	700
	-------

6. Tangible assets

	Plant and machinery
	£
Cost
At 1 January 2024	1,094
Disposals	( 1,094)
	-------
At 31 December 2024	–
	-------
Depreciation
At 1 January 2024	529
Charge for the year	141
Disposals	( 670)
	-------
At 31 December 2024	–
	-------
Carrying amount
At 31 December 2024	–
	-------
At 31 December 2023	565
	-------

7. Debtors

	2024	2023
	£	£
Trade debtors	15,263	7,118
Other debtors	59,505	73,547
	--------	--------
	74,768	80,665
	--------	--------

8. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	120,533	62,076
Amounts owed to group undertakings	29,410	29,410
Corporation tax	–	1,325
Social security and other taxes	5,405	3,344
Other creditors	3,257	2,757
	---------	--------
	158,605	98,912
	---------	--------

9. Controlling party

The company's immediate parent is Techcomlight BV, a company incorporated in the Netherlands. The principal place of business of Techcomlight BV is Veldhuizerweg 12, 6741 HH Lunteren, Netherlands.