REGISTERED NUMBER: 11818869 (England and Wales)

Unaudited Financial Statements

for the Year Ended

28 February 2025

for

Teper Mep Ltd

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

S P Dempsey

E R Dempsey

REGISTERED OFFICE:

9 Station Road

Glenfield

Leicester

Leicestershire

LE3 8BT

REGISTERED NUMBER:

11818869 (England and Wales)

ACCOUNTANTS:

The Rowleys Partnership Ltd

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Teper Mep Ltd for the year ended 28 February 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Teper Mep Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Teper Mep Ltd and state those matters that we have agreed to state to the Board of Directors of Teper Mep Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Teper Mep Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Teper Mep Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Teper Mep Ltd. You consider that Teper Mep Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Teper Mep Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The Rowleys Partnership Ltd

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

31 October 2025

FIXED ASSETS

Tangible assets

4

162,393

185,032

CURRENT ASSETS

Stocks

2,300

2,300

Debtors

5

226,164

561,617

Cash at bank and in hand

511,296

128,854

739,760

692,771

CREDITORS

Amounts falling due within one year

6

596,537

512,235

NET CURRENT ASSETS

143,223

180,536

TOTAL ASSETS LESS CURRENT LIABILITIES

305,616

365,568

CREDITORS

Amounts falling due after more than one year

7

(37,236

)

(73,434

)

PROVISIONS FOR LIABILITIES

(28,907

)

(33,888

)

NET ASSETS

239,473

258,246

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

239,471

258,244

SHAREHOLDERS' FUNDS

239,473

258,246

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by:

S P Dempsey - Director

1.	STATUTORY INFORMATION

Teper Mep Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

Due to the nature of the company, turnover is solely derived from contract revenue and is recognised on a stage of completion basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

5% on cost

Plant and machinery

-

15% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

Stocks

Stocks are stated 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 stock to its present location and condition.

Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Work in progress is valued based on ongoing contracts at the year end.

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.

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 11 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 March 2024

55,865

33,456

10,552

Additions

13,598

1,374

1,580

Disposals

-

-

-

At 28 February 2025

69,463

34,830

12,132

DEPRECIATION

At 1 March 2024

4,689

12,622

2,422

Charge for year

3,474

5,225

1,213

Eliminated on disposal

-

-

-

At 28 February 2025

8,163

17,847

3,635

NET BOOK VALUE

At 28 February 2025

61,300

16,983

8,497

At 29 February 2024

51,176

20,834

8,130

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 March 2024

140,205

32,385

272,463

Additions

-

1,660

18,212

Disposals

(13,294

)

-

(13,294

)

At 28 February 2025

126,911

34,045

277,381

DEPRECIATION

At 1 March 2024

46,287

21,411

87,431

Charge for year

25,382

4,031

39,325

Eliminated on disposal

(11,768

)

-

(11,768

)

At 28 February 2025

59,901

25,442

114,988

NET BOOK VALUE

At 28 February 2025

67,010

8,603

162,393

At 29 February 2024

93,918

10,974

185,032

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

161,963

503,447

Other debtors

139

-

VAT

60,766

56,727

Prepayments and accrued income

3,296

1,443

226,164

561,617

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

26,197

24,648

Trade creditors

503,660

386,444

Corporation tax

24,788

56,162

Social security and other taxes

15,603

15,420

Other creditors

3,947

3,745

Directors' current accounts

9,031

13,043

Accruals and deferred income

3,311

2,773

596,537

512,235

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans - 1-2 years

3,333

10,000

Bank loans - 2-5 years

-

3,334

Hire purchase contracts

33,903

60,100

37,236

73,434

8.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.25

29.2.24

£

£

Hire purchase contracts

60,100

84,748

The above debts are secured on the asset in which they relate.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

£

1

Ordinary

£1

1

2

1

Ordinary A

£1

1

-

2

2

During the year, 1 of the issued shares was reclassified from a £1 Ordinary share to a £1 Ordinary A share. All shares are pari passu.

10.	OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the balance sheet date of £131,494 (2024 - £154,088).