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02540889falsedistributors of new commercial vehicle components2024-02-012025-01-31http://www.companieshouse.gov.uk/2024-01-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-02-012025-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-01-31http://www.companieshouse.gov.uk/cd:Director12024-02-012025-01-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-01-31http://www.companieshouse.gov.uk/cd:Director22024-02-012025-01-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-01-31http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2024-01-31http://www.companieshouse.gov.uk/cd:Director32024-02-012025-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-01-31http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2025-01-31http://www.companieshouse.gov.uk/cd:Director42024-02-012025-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-02-012025-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-01-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-02-012025-01-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-02-012025-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-01-31http://www.companieshouse.gov.uk/2024-02-012025-01-31http://www.companieshouse.gov.uk/2024-01-31http://www.companieshouse.gov.uk/cd:FRS1022024-02-012025-01-31http://www.companieshouse.gov.uk/2025-01-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-02-012025-01-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-01-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-02-012025-01-31http://www.companieshouse.gov.uk/pt:LandBuildings2025-01-31iso4217:GBPxbrli:sharesxbrli:pure


Registered number: 02540889






Telvar Limited


ACCOUNTS

FOR THE YEAR ENDED 31/01/2025
























Prepared By:
Campbell & Co Accountants Ltd
Phoenix House
Hyssop Close
Cannock
Staffordshire
WS11 7GA


ACCOUNTS
FOR THE YEAR ENDED 31/01/2025





DIRECTORS
Mr K R Turner
Mrs G J Turner
Miss P H Turner
.



SECRETARY
Mrs G J Turner


REGISTERED OFFICE
33-41 Park Street
Bridgtown
Cannock
Staffordshire
WS11 0BT


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02540889



ACCOUNTANTS
Campbell & Co Accountants Ltd
Phoenix House
Hyssop Close
Cannock
Staffordshire
WS11 7GA


ACCOUNTS
FOR THEYEARENDED31/01/2025



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/01/2025

			2025		2024
	Notes		£		£

FIXED ASSETS
Tangible assets	3		282,576		288,304

CURRENT ASSETS
Stock		92,500		95,000
Debtors	5	314,000		361,037
Cash at bank and in hand		108,267		194,937
		514,767		650,974
CREDITORS: Amounts falling due within one year	6	301,616		334,556
NET CURRENT ASSETS			213,151		316,418
TOTAL ASSETS LESS CURRENT LIABILITIES			495,727		604,722


CREDITORS: Amounts falling due after more than one year	7		11,857		26,170


PROVISIONS FOR LIABILITIES AND CHARGES	8		4,298		5,710

NET ASSETS			479,572		572,842

CAPITAL AND RESERVES

Called up share capital	9		3		3
Capital redemption reserve	10		1		1
Other reserves	10		(15,105)		(15,105)
Profit and loss account			494,673		587,943
SHAREHOLDERS' FUNDS			479,572		572,842

For the year ending 31/01/2025 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 13/03/2025 and signed on their behalf by



.............................
Mr K R Turner
Director




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 20%
Commercial Vehicles		reducing balance 25%
Equipment		reducing balance 20%




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 .




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




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.




3. TANGIBLE FIXED ASSETS

	Land And	Plant and	Commercial
	Buildings	Machinery	Vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 01/02/2024	265,000	16,442	64,576	13,467	359,485
At 31/01/2025	265,000	16,442	64,576	13,467	359,485
Depreciation
At 01/02/2024	-	16,230	43,263	11,688	71,181
For the year	-	44	5,329	355	5,728
At 31/01/2025	-	16,274	48,592	12,043	76,909
Net Book Amounts
At 31/01/2025	265,000	168	15,984	1,424	282,576
At 31/01/2024	265,000	212	21,313	1,779	288,304




4. STOCK	2025	2024
	£	£
Stock comprises:

Stock	92,500	95,000
	92,500	95,000




5. DEBTORS	2025	2024
	£	£
Amounts falling due within one year
Trade debtors	312,162	359,358
Prepayments	1,838	1,679
	314,000	361,037




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2025	2024
	£	£
UK corporation tax	56,012	49,098
VAT	16,764	22,587
PAYE control	983	2,688
Directors current account	183	4,490
Bank Loan	17,593	17,593
Credit card	4,486	2,727
Hire purchase	-	4,826
Trade creditors	197,494	223,785
Accruals	8,101	6,762
	301,616	334,556




7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2025	2024
	£	£
Loans >1yr	11,857	26,170
	11,857	26,170




8. PROVISIONS FOR LIABILITIES	2025	2024
	£	£
Deferred taxation	4,298	5,710
	4,298	5,710




9. SHARE CAPITAL	2025	2024
	£	£
Allotted, issued and fully paid:
3 Ordinary shares of £1 each	3	3
	3	3




2. EMPLOYEES

	2025	2024
	No.	No.
Average number of employees	9	9




10. OTHER RESERVES	2025	2024
	£	£
Capital redemption reserve	1	1
Other reserves	(15,105)	(15,105)
	(15,104)	(15,104)