Registration number: 04717737

Technic Concrete Floors Limited

Contents

Balance Sheet	1 to 2
Notes to the Financial Statements	3 to 7

Technic Concrete Floors Limited

(Registration number: 04717737)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	41,436	56,711
Current assets
Stocks		397,298	738,370
Debtors	5	579,481	876,966
Cash at bank and in hand		1,453,778	1,879,359
		2,430,557	3,494,695
Creditors: Amounts falling due within one year	6	(1,130,755)	(1,889,927)
Net current assets		1,299,802	1,604,768
Total assets less current liabilities		1,341,238	1,661,479
Provisions for liabilities		-	(161)
Net assets		1,341,238	1,661,318
Capital and reserves
Called up share capital		100	100
Retained earnings		1,341,138	1,661,218
Shareholders' funds		1,341,238	1,661,318

Technic Concrete Floors Limited

(Registration number: 04717737)
Balance Sheet as at 31 March 2025

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 October 2025 and signed on its behalf by:
 

......................................... Mr PW Kinehan Director

......................................... Mr DR Murgatroyd Company secretary

Technic Concrete Floors Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 Pavilion Square Cricketers Way
Westhoughton
Bolton
Lancashire
BL5 3AJ
United Kingdom

These financial statements were authorised for issue by the Board on 9 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and revenue is usally recongnised at the point that work is certified as complete.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Technic Concrete Floors Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & Machinery	20% Straight line method
Motor Vehicles	20% Straight line method
Fixtures & Fittings	20% Straight line method

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Technic Concrete Floors Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
The company has elected to apply the provisions of FRS 102 Section 11 "Basic financial instruments" to all of its financial instruments.


 

Current versus non-current classification

Financial instruments that are payable or receivable within one year, typically cash at bank, trade debtors, trade creditors, Directors' loan accounts and accruals are measured initially and subsequently at the undiscounted amount of the cash or other consideration that is expected to be paid or received.

Financial instruments that are payable or receivable within one year are measured initially at the net present value of the amount of the future cash or other consideration that is expected to be paid or received and subsequently at amortised cost using the effective interest method unless the effect of discounting would be immaterial.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 11 (2024 - 11).

Technic Concrete Floors Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Plant & Machinery £	Total £
Cost or valuation
At 1 April 2024	72,192	57,598	231,549	361,339
Additions	8,481	-	6,554	15,035
At 31 March 2025	80,673	57,598	238,103	376,374
Depreciation
At 1 April 2024	34,762	53,109	216,757	304,628
Charge for the year	13,925	3,749	12,636	30,310
At 31 March 2025	48,687	56,858	229,393	334,938
Carrying amount
At 31 March 2025	31,986	740	8,710	41,436
At 31 March 2024	37,430	4,489	14,792	56,711

5

Debtors

Current	2025 £	2024 £
Trade debtors	359,060	540,696
Prepayments	65,707	54,463
Other debtors	154,714	281,807
	579,481	876,966

Technic Concrete Floors Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		77,803	-
Trade creditors		1,027,966	1,477,069
Taxation and social security		9,080	399,763
Accruals and deferred income		812	768
Other creditors		15,094	12,327
		1,130,755	1,889,927