Technix Energy Services Limited

Technix Energy Services Limited
Statement of Financial Position
As at 31 October 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	215,972	80,842
		215,972	80,842
Current assets
Debtors	4	244,079	254,953
Cash at bank and in hand		19,660	1,237
		263,739	256,190
Creditors: amount falling due within one year	5	(393,825)	(238,454)
Net current assets		(130,086)	17,736

Total assets less current liabilities		85,886	98,578
Provisions for liabilities	6	(12)	(12)
Net assets		85,874	98,566

Capital and reserves
Called up share capital	7	900	1,000
Profit and loss account		84,974	97,566
Shareholders' funds		85,874	98,566

For the year ended 31 October 2024 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 31 October 2025 and were signed on its behalf by:

-------------------------------
David Byrne
Director

Technix Energy Services Limited
Notes to the Financial Statements
For the year ended 31 October 2024

General Information

Technix Energy Services Limited is a private company, limited by shares, registered in England and Wales, registration number 09760517, registration address Penny Lane Business Centre, 374 Smithdown Road, Liverpool, Merseyside, L15 5AN.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 2 (2023 : 2).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 01 November 2023	81,538	81,538
Additions	207,120	207,120
Disposals	-	-
At 31 October 2024	288,658	288,658
Depreciation
At 01 November 2023	696	696
Charge for year	71,990	71,990
On disposals	-	-
At 31 October 2024	72,686	72,686
Net book values
Closing balance as at 31 October 2024	215,972	215,972
Opening balance as at 01 November 2023	80,842	80,842

Debtors: amounts falling due within one year

	2024 £	2023 £
Trade Debtors	176,259	213,011
Other Debtors	67,820	41,942
	244,079	254,953

Creditors: amount falling due within one year

	2024 £	2023 £
Trade Creditors	55,251	113,987
Corporation Tax	23,874	15,738
PAYE & Social Security	37	92
Other Creditors	107,000	107,334
Obligations under HP/Financial Leases	206,925	-
Directors' Current Accounts	738	1,303
	393,825	238,454

Provisions for liabilities

	2024 £		2023 £
Deferred Tax	12		12
	12		12

Share Capital

Authorised
700 Ordinary shares of £1.00 each
200 B Ordinary shares of £1.00 each
0 C Ordinary share of £1.00 each

Allotted, called up and fully paid	2024 £	2023 £
700 Ordinary shares of £1.00 each	700	700
200 B Ordinary shares of £1.00 each	200	200
0 C Ordinary share of £1.00 each	-	-
	900	900

Registered Number: 09760517
England and Wales
Filleted Accounts

for the year ended 31 October 2024
for
TECHNIX ENERGY SERVICES LIMITED