Ten Technology Group Ltd - Filleted accounts

Ten Technology Group Ltd
Registered number:		04641149
Statement of Financial Position
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		39,486			49,039

Current assets
Stocks		38,778			56,284
Debtors	4	316,506			370,141
Cash at bank and in hand		468,354			435,367
		823,638			861,792

Creditors: amounts falling due within one year	5	(375,146)			(446,094)

Net current assets			448,492			415,698

Total assets less current liabilities			487,978			464,737


Provisions for liabilities			(9,868)			(12,260)


Net assets			478,110			452,477

Capital and reserves
Called up share capital			100			100
Profit and loss account			478,010			452,377

Shareholder's funds			478,110			452,477

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr R J Lovell
Director
Approved by the board on 31 October 2025

Ten Technology Group Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% reducing balance

	Inventories
	Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

	Long-term contracts
	The amount recoverable or payable on each long term contract is based on the stage of completion, by calculating costs incurred to date as a percentage of total costs, less any provision for known or anticipated losses and progress payments received and receivable. Where the outcome of incomplete contracts can be assessed with reasonable certainty, the attributable profit is recognised in the profit and loss account as an appropriate portion of the estimated profit for that contract. The amount by which turnover is in excess of progress payments received and receivable is classified as amounts recoverable on contracts and separately disclosed in debtors. The amount by progress payments received are in excess if turnover is classified as amounts payable on contracts and separately disclosed in creditors. In assessing amounts recoverable or payable, the directors provide for the cost of potential claims based on experience.




2	Employees and directors					2025		2024
Number							Number

	Average number of directors and persons employed by the company					20		19


3	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 April 2024			141,268		4,479		145,747
	Additions			9,168		-		9,168
	Disposals			(25,727)		-		(25,727)
	At 31 March 2025			124,709		4,479		129,188

	Depreciation
	At 1 April 2024			94,118		2,590		96,708
	Charge for the year			12,689		472		13,161
	On disposals			(20,167)		-		(20,167)
	At 31 March 2025			86,640		3,062		89,702

	Net book value
	At 31 March 2025			38,069		1,417		39,486
	At 31 March 2024			47,150		1,889		49,039




4	Debtors					2025		2024
£							£

	Trade debtors					301,653		344,679
	Amounts recoverable on contracts					1,617		13,319
	Prepayments					11,163		8,676
	Other debtors					2,073		3,467
						316,506		370,141


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					174,192		249,608
	Amounts payable on contracts					16,584		7,168
	Accruals					1,532		1,454
	Corporation tax					62,056		74,042
	Other taxes and social security costs					108,148		101,281
	Other creditors					12,634		12,541
						375,146		446,094


6	Prior year adjustment

	The comparative figures have been restated to correct a misclassification of training costs. This has resulted in cost of sales increasing by £8,798 and administrative expenses decreasing by £8,798. There has been no change in the profit on ordinary activities before taxation


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr R J Lovell
	Repayable on demand	678		-		678		-

		678		-		678		-


8	Other information

	Ten Technology Group Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 6, The Axis Centre
	Cleeve Road
	Leatherhead
	Surrey
	KT22 7RD