REGISTERED NUMBER: SC399904 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

TANNLIN TECHNOLOGY LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J G Hall

Ms L Johnstone Hall

J S Hall

SECRETARY:

Ms L Johnstone Hall

REGISTERED OFFICE:

37 Portland Road

KILMARNOCK

Ayrshire

KA1 2DJ

REGISTERED NUMBER:

SC399904 (Scotland)

ACCOUNTANTS:

Gilmour Hamilton LLP

Chartered Accountants

37 Portland Road

KILMARNOCK

Ayrshire

KA1 2DJ

FIXED ASSETS

Intangible assets

4

41,183

53,846

Tangible assets

5

217,573

333,015

258,756

386,861

CURRENT ASSETS

Stocks

395,674

688,518

Debtors

969,507

822,686

Cash at bank and in hand

321,612

144,400

1,686,793

1,655,604

CREDITORS

Amounts falling due within one year

363,537

654,852

NET CURRENT ASSETS

1,323,256

1,000,752

TOTAL ASSETS LESS CURRENT LIABILITIES

1,582,012

1,387,613

CREDITORS

Amounts falling due after more than one year

-

(56,436

)

PROVISIONS FOR LIABILITIES

(82,988

)

(8,554

)

NET ASSETS

1,499,024

1,322,623

CAPITAL AND RESERVES

Called up share capital

7

5

5

Retained earnings

1,499,019

1,322,618

SHAREHOLDERS' FUNDS

1,499,024

1,322,623

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2025 and were signed on its behalf by:

J G Hall - Director

1.	STATUTORY INFORMATION

Tannlin Technology Limited is a private company, limited by shares , registered in Scotland. 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.

The financial statements are presented in pounds sterling which is the functional currency of the company, rounded to the nearest pound.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover represents the sale of goods and services as well as the lease of equipment, excluding value added tax. Turnover is recognised when the company has obtained the right to consideration.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Development costs are being amortised evenly over their estimated useful life of nil years.

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 etc

-

33% on cost, 25% on reducing balance, 20% on cost and 15% on reducing balance

Government grants

Grants are accounted for on the accruals basis. Grants relating to expenditure on tangible fixed assets are credited to the statement of income at the same rate as the deprecation of the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income within accruals and deferred income. Grants of a revenue nature are recognised in the statement of income in the same period as related expenditure.

Stocks

Stocks are stated 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 stock to its present location and condition. Cost is calculated using the first-in, first-out basis. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 that have been enacted or substantively enacted by the balance sheet date.

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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Employee benefits

Financial instuments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2024 - 27 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

67,308

Additions

998

At 31 March 2025

68,306

AMORTISATION

At 1 April 2024

13,462

Amortisation for year

13,661

At 31 March 2025

27,123

NET BOOK VALUE

At 31 March 2025

41,183

At 31 March 2024

53,846

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

1,214,783

Additions

13,626

Disposals

(53,133

)

At 31 March 2025

1,175,276

DEPRECIATION

At 1 April 2024

881,768

Charge for year

89,218

Eliminated on disposal

(13,283

)

At 31 March 2025

957,703

NET BOOK VALUE

At 31 March 2025

217,573

At 31 March 2024

333,015

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

55,905

123,103

The bank loan is secured by a bond and floating charge over the company's assets and by a government guarantee.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

5

Ordinary

£1

5

5

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

J S Hall

Balance outstanding at start of year

17,200

17,200

Amounts repaid

(17,200

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

17,200

The loan was unsecured, interest free, and repayable on demand.

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of paragraph 15.7(d) of the Financial Reporting Standard for Small Entities to not disclose transactions between wholly owned group entities.

The company's immediate parent company is Tannlin Group Limited and the ultimate parent company is Tannlin Holdings Limited. Both share the same registered office as the company's.