02374596falsethe manufacture and sale of laminated and special coatings2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:Director22024-04-012025-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-03-31http://www.companieshouse.gov.uk/cd:Director32024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-03-31http://www.companieshouse.gov.uk/cd:Director42024-04-012025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:Director52024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02374596
Technical Converters Limited
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
Prepared By:
L A Morgan
2 Woodhill Avenue
Portishead
Bristol
BS20 7EX
Technical Converters Limited
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
J R Oliver
C L Oliver resigned 17/03/2025
N J Doble
A M Freeman
A E Oliver
SECRETARY
C L Oliver resigned 17/03/2025
REGISTERED OFFICE
5 Third Way
Avonmouth
Bristol
BS11 9HL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02374596
ACCOUNTANTS
L A Morgan
2 Woodhill Avenue
Portishead
Bristol
BS20 7EX
Technical Converters Limited
ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Technical Converters Limited
BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Tangible assets258,75374,730
CURRENT ASSETS
Stock925,8231,008,294
Debtors4673,433699,258
Cash at bank and in hand1,204,222512,208
2,803,4782,219,760
CREDITORS: Amounts falling due within one year5905,925726,761
NET CURRENT ASSETS1,897,5531,492,999
TOTAL ASSETS LESS CURRENT LIABILITIES1,956,3061,567,729
PROVISIONS FOR LIABILITIES AND CHARGES710,22113,949
NET ASSETS1,946,0851,553,780
CAPITAL AND RESERVES
Called up share capital820,00020,000
Profit and loss account1,926,0851,533,780
SHAREHOLDERS' FUNDS1,946,0851,553,780
For the year ending 31/03/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 15/09/2025 and signed on their behalf by
.............................
J R Oliver
Director
Technical Converters Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinerystraight line 10%
Fixtures and Fittingsstraight line 12.5%
Equipmentstraight line 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Work in progress includes an appropriate proportion of attributable overheads along with the production costs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
Technical Converters Limited
2. TANGIBLE FIXED ASSETS
Short LeaseholdPlant andFixtures
PropertiesMachineryand FittingsEquipmentTotal
£££££
Cost
At 01/04/202420,262814,83114,6239,559859,275
Additions-462-6941,156
Disposals---(1,242)(1,242)
At 31/03/202520,262815,29314,6239,011859,189
Depreciation
At 01/04/202420,262744,32713,9436,013784,545
Disposals---(971)(971)
For the year-14,9422971,62316,862
At 31/03/202520,262759,26914,2406,665800,436
Net Book Amounts
At 31/03/2025-56,0243832,34658,753
At 31/03/2024-70,5046803,54674,730
3. STOCK 20252024
££
Stock comprises:
Stock raw materials600,087539,872
Work in progress325,736468,422
925,8231,008,294
4. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors607,933667,411
Other debtors and prepayments65,50031,847
673,433699,258
Technical Converters Limited
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax167,86755,359
Other tax43,64128,683
Shareholder loans260,692349,635
Trade creditors332,312192,699
Accruals101,413100,385
905,925726,761
6. EMPLOYEES
20252024
No.No.
Average number of employees1718
7. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation10,22113,949
10,22113,949
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
20000 Ordinary shares of £1 each2000020000
20,00020,000
9. RELATED PARTY TRANSACTIONS
During the year the shareholders reduced their loans by £88,943. They are interest free and have no fixed repayment terms.