REGISTERED NUMBER: 10368306 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

Total Engineering Services (North East)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Maclennan

D Wood

SECRETARY:

REGISTERED OFFICE:

5 Keel Row

The Watermark

Gateshead

NE11 9SZ

REGISTERED NUMBER:

10368306 (England and Wales)

ACCOUNTANTS:

Switch Accountants

Switch House

City West Business Park

St John's Road

Meadowfield

Durham

DH7 8ER

FIXED ASSETS

Tangible assets

4

21,202

19,177

CURRENT ASSETS

Debtors

5

57,298

229,081

Cash at bank

559,788

162,317

617,086

391,398

CREDITORS

Amounts falling due within one year

6

330,799

156,364

NET CURRENT ASSETS

286,287

235,034

TOTAL ASSETS LESS CURRENT LIABILITIES

307,489

254,211

CREDITORS

Amounts falling due after more than one year

7

11,843

14,667

NET ASSETS

295,646

239,544

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

295,546

239,444

295,646

239,544

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 29 September 2025 and were signed on its behalf by:

A Maclennan - Director

D Wood - Director

1.	STATUTORY INFORMATION

Total Engineering Services (North East) 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 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 3 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2023

28,716

Additions

7,451

At 30 September 2024

36,167

DEPRECIATION

At 1 October 2023

9,539

Charge for year

5,426

At 30 September 2024

14,965

NET BOOK VALUE

At 30 September 2024

21,202

At 30 September 2023

19,177

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade debtors

43,800

219,660

Other debtors

13,498

9,421

57,298

229,081

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans and overdrafts

2,200

2,200

Trade creditors

32,441

13,207

Taxation and social security

277,364

114,211

Other creditors

18,794

26,746

330,799

156,364

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans

11,843

14,667