Tec4 Lubricants Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08070449

Tec4 Lubricants Ltd

Filleted Unaudited Abridged Financial Statements

30 April 2025

Tec4 Lubricants Ltd

Abridged Financial Statements

Year Ended 30 April 2025

Contents	Pages

Abridged statement of financial position	1 to 2

Notes to the abridged financial statements	3 to 6

Tec4 Lubricants Ltd

Abridged Statement of Financial Position

30 April 2025

	2025	2024
Note	£	£

Fixed Assets

Tangible assets	5	20,857	62,140

Current Assets

Stocks	228,206	267,002
Debtors	287,600	327,528
Cash at bank and in hand	241,884	89,284
	---------	---------
	757,690	683,814

Creditors: amounts falling due within one year	522,126	449,188
	---------	---------
Net Current Assets	235,564	234,626
	---------	---------
Total Assets Less Current Liabilities	256,421	296,766

Creditors: amounts falling due after more than one year	3,458	49,985

Provisions

Taxation including deferred tax	5,214	15,535
	---------	---------
Net Assets	247,749	231,246
	---------	---------

Capital and Reserves

Called up share capital	6	100	100
Profit and loss account		247,649	231,146
		---------	---------
Shareholders Funds		247,749	231,246
		---------	---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.

For the year ending 30 April 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 abridged financial statements for the year in question in accordance with section 476 ;

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

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Tec4 Lubricants Ltd

Abridged Statement of Financial Position (continued)

30 April 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 15 October 2025 , and are signed on behalf of the board by:

Mr R Welch

Director

Company registration number: 08070449

Tec4 Lubricants Ltd

Notes to the Abridged Financial Statements

Year Ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 6 Millennium Way, Chesterfield, Derbyshire, S41 8ND.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared under the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. All members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

Revenue recognition

The turnover shown in the profit and loss account represents amounts earned during the period, exclusive of Value Added Tax.

Income tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & Machinery	-	25% reducing balance
Fixtures & Fittings	-	20% reducing balance
Motor Vehicles	-	25% reducing balance
Office Equipment	-	33% straight line

Stocks

Stocks are measured 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 the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the abridged statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 6 (2024: 4 ).

5. Tangible assets

	£
Cost
At 1 May 2024	99,372
Additions	5,898
Disposals	( 62,931)
	--------
At 30 April 2025	42,339
	--------
Depreciation
At 1 May 2024	37,232
Charge for the year	11,663
Disposals	( 27,413)
	--------
At 30 April 2025	21,482
	--------
Carrying amount
At 30 April 2025	20,857
	--------
At 30 April 2024	62,140
	--------

6. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

7. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	18,394	–
Later than 1 year and not later than 5 years	27,591	–
	--------	----
	45,985	–
	--------	----

8. Directors' advances, credits and guarantees

During the year, the company made interest-free loans to the directors as follows:

	Advanced	Repaid	At 30 April 2025
	£	£	£
R Welsh	9,840		9,840
P Blackshaw	9,840		9,840