REGISTERED NUMBER: 07922772 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

TTN ENGINEERING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N Comerford

REGISTERED OFFICE:

Badgerbank Barn

Cloy Lane

Overton

Wrexham

LL13 0HR

REGISTERED NUMBER:

07922772 (England and Wales)

ACCOUNTANTS:

Christian Douglass Accountants Limited

Chartered Accountants

2 Jordan Street

Knott Mill

Manchester

M15 4PY

FIXED ASSETS

Intangible assets

4

4,000

8,000

Tangible assets

5

111,237

143,010

115,237

151,010

CURRENT ASSETS

Stocks

4,000

4,000

Debtors

6

198,730

270,227

Cash at bank

167,843

39,220

370,573

313,447

CREDITORS

Amounts falling due within one year

7

153,461

127,029

NET CURRENT ASSETS

217,112

186,418

TOTAL ASSETS LESS CURRENT LIABILITIES

332,349

337,428

PROVISIONS FOR LIABILITIES

19,850

26,467

NET ASSETS

312,499

310,961

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

312,495

310,957

SHAREHOLDERS' FUNDS

312,499

310,961

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 30 October 2025 and were signed by:

N Comerford - Director

1.	STATUTORY INFORMATION

TTN Engineering Ltd is a private company, limited by shares, registered in England and Wales. The company's registration number is 07922772 and its registered office address is at Badgerbank Barn, Cloy Lane, Overton, Wrexham, Clwyd, Wales, LL13 0HR.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

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.

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

-

25% on reducing balance and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

20,000

AMORTISATION

At 1 February 2024

12,000

Charge for year

4,000

At 31 January 2025

16,000

NET BOOK VALUE

At 31 January 2025

4,000

At 31 January 2024

8,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

and 31 January 2025

356,606

DEPRECIATION

At 1 February 2024

213,596

Charge for year

31,773

At 31 January 2025

245,369

NET BOOK VALUE

At 31 January 2025

111,237

At 31 January 2024

143,010

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

183,717

99,998

Amounts owed by group undertakings

3,220

160,434

Other debtors

11,793

9,795

198,730

270,227

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Taxation and social security

149,891

123,469

Other creditors

3,570

3,560

153,461

127,029

8.	ULTIMATE CONTROLLING PARTY