REGISTERED NUMBER: 03310831 (England and Wales)

Financial Statements

for the Period

1 February 2024 to 31 December 2024

for

Puresil-Techniflex Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

D A G Callaghan

D M MacBain

REGISTERED OFFICE:

11 Stirling Park

Laker Road

Rochester

Kent

ME1 3QR

REGISTERED NUMBER:

03310831 (England and Wales)

ACCOUNTANTS:

SB&P

Chartered Accountants

Oriel House

2/8 Oriel Road

Bootle

Merseyside

L20 7EP

FIXED ASSETS

Tangible assets

4

7,404

9,301

Investments

5

-

308,078

7,404

317,379

CURRENT ASSETS

Stocks

68,290

66,625

Debtors

6

459,255

400,439

Cash at bank and in hand

176,566

905,945

704,111

1,373,009

CREDITORS

Amounts falling due within one year

7

332,416

342,796

NET CURRENT ASSETS

371,695

1,030,213

TOTAL ASSETS LESS CURRENT LIABILITIES

379,099

1,347,592

PROVISIONS FOR LIABILITIES

1,851

2,325

NET ASSETS

377,248

1,345,267

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

376,248

1,344,267

SHAREHOLDERS' FUNDS

377,248

1,345,267

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

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

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 Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

D M MacBain - Director

1.	STATUTORY INFORMATION

Puresil-Techniflex 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 represents the value of goods sold during the period, net of VAT and trade discounts. Turnover is recognised when goods are physically delivered to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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

Plant & Machinery 25% Reducing balance

Fixtures & Fittings 25% Reducing balance

Motor Vehicles 25% Reducing balance

Computer Equipment 25% Reducing balance

Stocks

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

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

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.

Investments

Investments are stated at the current market valuation.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2024

5,634

12,983

9,120

10,455

38,192

Additions

429

-

-

-

429

At 31 December 2024

6,063

12,983

9,120

10,455

38,621

DEPRECIATION

At 1 February 2024

1,907

10,978

8,628

7,378

28,891

Charge for period

932

502

123

769

2,326

At 31 December 2024

2,839

11,480

8,751

8,147

31,217

NET BOOK VALUE

At 31 December 2024

3,224

1,503

369

2,308

7,404

At 31 January 2024

3,727

2,005

492

3,077

9,301

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.12.24

31.1.24

£

£

Brought Forward

-

243,218

Additions

-

65,000

Change in market value

-

(140

)

-

308,078

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.1.24

£

£

Trade debtors

456,467

397,107

Prepayments

2,788

3,332

459,255

400,439

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.1.24

£

£

Trade creditors

160,844

156,688

Tax

133,392

123,598

Social security and other taxes

3,991

3,013

VAT

18,714

39,372

Other creditors

4,946

7,446

Pension payable

802

564

Directors' loan accounts

-

3,517

Accrued expenses

9,727

8,598

332,416

342,796

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.1.24

value:

£

£

1,000

Ordinary

£1

1,000

1,000