REGISTERED NUMBER: 07485798 (England and Wales)

T-Scan Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Wander

REGISTERED OFFICE:

Slaters & Co Accountants

Lymore Villa

162A London Road, Chesterton

Newcastle

Staffordshire

ST5 7JB

REGISTERED NUMBER:

07485798 (England and Wales)

ACCOUNTANTS:

Slaters & Co Accountants

Lymore Villa

162a London Road

Chesterton

Newcastle

Staffordshire

ST5 7JB

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

19,449

14,015

19,449

14,015

CURRENT ASSETS

Stocks

59,378

57,154

Debtors

7

406,825

413,985

Cash at bank

104,245

158,924

570,448

630,063

CREDITORS

Amounts falling due within one year

8

262,327

310,353

NET CURRENT ASSETS

308,121

319,710

TOTAL ASSETS LESS CURRENT LIABILITIES

327,570

333,725

CREDITORS

Amounts falling due after more than one year

9

4,167

14,167

NET ASSETS

323,403

319,558

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

323,402

319,557

SHAREHOLDERS' FUNDS

323,403

319,558

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 director acknowledges his 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 director and authorised for issue on 25 June 2025 and were signed by:

S Wander - Director

1.	STATUTORY INFORMATION

T-Scan 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoice value of goods / services provided, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of three years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Office equipment

-

15% on reducing balance

Stocks

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

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2023 - 21 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

12,683

AMORTISATION

At 1 January 2024

and 31 December 2024

12,683

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

6.	TANGIBLE FIXED ASSETS

Plant and

Office

machinery

equipment

Totals

£

£

£

COST

At 1 January 2024

1,187

31,465

32,652

Additions

-

8,904

8,904

At 31 December 2024

1,187

40,369

41,556

DEPRECIATION

At 1 January 2024

579

18,058

18,637

Charge for year

122

3,348

3,470

At 31 December 2024

701

21,406

22,107

NET BOOK VALUE

At 31 December 2024

486

18,963

19,449

At 31 December 2023

608

13,407

14,015

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

340,978

339,916

Other debtors

65,847

74,069

406,825

413,985

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

21,310

30,967

Taxation and social security

123,957

125,702

Other creditors

107,060

143,684

262,327

310,353

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

4,167

14,167