Company registration number 06860134 (England and Wales)
TECHFORM (SHEFFIELD) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
TECHFORM (SHEFFIELD) LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
TECHFORM (SHEFFIELD) LIMITED
BALANCE SHEET
AS AT
31 MAY 2025
31 May 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
153,229
145,437
Current assets
Stocks
50,250
49,500
Debtors
4
286,875
245,277
Cash at bank and in hand
171,089
87,605
508,214
382,382
Creditors: amounts falling due within one year
5
(289,357)
(213,193)
Net current assets
218,857
169,189
Total assets less current liabilities
372,086
314,626
Creditors: amounts falling due after more than one year
6
-
0
(11,372)
Provisions for liabilities
(22,500)
(20,100)
Net assets
349,586
283,154
Capital and reserves
Called up share capital
2
2
Capital redemption reserve
2
2
Profit and loss reserves
349,582
283,150
Total equity
349,586
283,154
TECHFORM (SHEFFIELD) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MAY 2025
31 May 2025
- 2 -

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 7 October 2025 and are signed on its behalf by:
G T Brocklehurst
Director
Company Registration No. 06860134
TECHFORM (SHEFFIELD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
- 3 -
1
Accounting policies
Company information

Techform (Sheffield) Limited is a private company, limited by shares and incorporated in England and Wales. The registered office is The Hart Shaw Building, Europa Link, Sheffield Business Park, Sheffield, S9 1XU. The place of business is Unit 43,44,50 and 51 Nutwood Trading Estate, Limestone Cottage Lane, Wadsley Bridge, Sheffield, S6 1NJ.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Leasehold
2% straight line
Plant and machinery
15% reducing balance
Office equipment
10% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

TECHFORM (SHEFFIELD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

TECHFORM (SHEFFIELD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 5 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12
Leases
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.13
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
16
15
TECHFORM (SHEFFIELD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 6 -
3
Tangible fixed assets
Land and buildings Leasehold
Plant and machinery
Office equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 June 2024
88,617
214,167
7,604
9,080
319,468
Additions
-
0
18,061
4,936
-
0
22,997
At 31 May 2025
88,617
232,228
12,540
9,080
342,465
Depreciation and impairment
At 1 June 2024
23,617
138,009
3,490
8,915
174,031
Depreciation charged in the year
1,772
12,899
494
40
15,205
At 31 May 2025
25,389
150,908
3,984
8,955
189,236
Carrying amount
At 31 May 2025
63,228
81,320
8,556
125
153,229
At 31 May 2024
65,000
76,158
4,114
165
145,437
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
274,116
219,302
Amounts owed by group undertakings
34
14,756
Prepayments and accrued income
12,725
11,219
286,875
245,277
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
40,591
23,757
Obligations under finance leases
-
0
5,529
Trade creditors
135,815
93,813
Corporation tax
61,183
47,799
Other taxation and social security
28,439
29,205
Other creditors
15,863
7,918
Accruals and deferred income
7,466
5,172
289,357
213,193

The aggregate amount of bank loans and overdrafts for which security has been given amounted to £40,591 (2024 - £23,757). These are secured by a fixed and floating charge over all assets of the company.

TECHFORM (SHEFFIELD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 7 -
6
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
-
0
11,372
2025-05-31 2024-06-01 false false false 10 October 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity G T Brocklehurst J M Brocklehurst S L Brocklehurst 06860134 2024-06-01 2025-05-31 06860134 2025-05-31 06860134 2024-05-31 06860134 core:LandBuildings core:LeasedAssetsHeldAsLessee 2025-05-31 06860134 core:PlantMachinery 2025-05-31 06860134 core:ComputerEquipment 2025-05-31 06860134 core:MotorVehicles 2025-05-31 06860134 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-05-31 06860134 core:PlantMachinery 2024-05-31 06860134 core:ComputerEquipment 2024-05-31 06860134 core:MotorVehicles 2024-05-31 06860134 core:CurrentFinancialInstruments 2025-05-31 06860134 core:CurrentFinancialInstruments 2024-05-31 06860134 core:Non-currentFinancialInstruments 2025-05-31 06860134 core:Non-currentFinancialInstruments 2024-05-31 06860134 core:ShareCapital 2025-05-31 06860134 core:ShareCapital 2024-05-31 06860134 core:CapitalRedemptionReserve 2025-05-31 06860134 core:CapitalRedemptionReserve 2024-05-31 06860134 core:RetainedEarningsAccumulatedLosses 2025-05-31 06860134 core:RetainedEarningsAccumulatedLosses 2024-05-31 06860134 bus:Director1 2024-06-01 2025-05-31 06860134 core:LandBuildings core:LongLeaseholdAssets 2024-06-01 2025-05-31 06860134 core:PlantMachinery 2024-06-01 2025-05-31 06860134 core:ComputerEquipment 2024-06-01 2025-05-31 06860134 core:MotorVehicles 2024-06-01 2025-05-31 06860134 2023-06-01 2024-05-31 06860134 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-05-31 06860134 core:PlantMachinery 2024-05-31 06860134 core:ComputerEquipment 2024-05-31 06860134 core:MotorVehicles 2024-05-31 06860134 2024-05-31 06860134 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-06-01 2025-05-31 06860134 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 06860134 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 06860134 bus:FRS102 2024-06-01 2025-05-31 06860134 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 06860134 bus:Director2 2024-06-01 2025-05-31 06860134 bus:Director3 2024-06-01 2025-05-31 06860134 bus:FullAccounts 2024-06-01 2025-05-31 xbrli:pure xbrli:shares iso4217:GBP