REGISTERED NUMBER: 04608392 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Tec-2000 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M L F Knowles

SECRETARY:

Miss F M Soares

REGISTERED OFFICE:

Second Floor

2 Walsworth Road

HITCHIN

Hertfordshire

SG4 9SP

REGISTERED NUMBER:

04608392 (England and Wales)

ACCOUNTANTS:

D and E Accountancy Ltd

Tax Advisors and Accountants

2nd Floor, 2 Walsworth Road

Hitchin

Hertfordshire

SG4 9SP

FIXED ASSETS

Tangible assets

4

29,302

38,641

CURRENT ASSETS

Stocks

319,617

287,805

Debtors

5

269,374

254,894

Investments

6

165,204

140,117

Cash at bank and in hand

176,328

52,809

930,523

735,625

CREDITORS

Amounts falling due within one year

7

253,401

220,849

NET CURRENT ASSETS

677,122

514,776

TOTAL ASSETS LESS CURRENT LIABILITIES

706,424

553,417

CREDITORS

Amounts falling due after more than one year

8

(32,795

)

(39,655

)

PROVISIONS FOR LIABILITIES

10

(7,325

)

(9,660

)

NET ASSETS

666,304

504,102

CAPITAL AND RESERVES

Called up share capital

11

2,000

2,000

Retained earnings

12

664,304

502,102

SHAREHOLDERS' FUNDS

666,304

504,102

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 5 December 2025 and were signed by:

M L F Knowles - Director

1.	STATUTORY INFORMATION

Tec-2000 Limited 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

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

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 June 2024

25,187

50,027

21,294

96,508

Additions

-

-

427

427

At 31 May 2025

25,187

50,027

21,721

96,935

DEPRECIATION

At 1 June 2024

16,434

22,975

18,458

57,867

Charge for year

2,188

6,763

815

9,766

At 31 May 2025

18,622

29,738

19,273

67,633

NET BOOK VALUE

At 31 May 2025

6,565

20,289

2,448

29,302

At 31 May 2024

8,753

27,052

2,836

38,641

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

7,254

8,384

Other debtors

262,120

246,510

269,374

254,894

6.	CURRENT ASSET INVESTMENTS

31.5.25

31.5.24

£

£

Listed investments

165,204

140,117

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

1,182

1,182

Trade creditors

95,864

92,895

Taxation and social security

119,982

110,164

Other creditors

36,373

16,608

253,401

220,849

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

23,226

27,534

Other creditors

9,569

12,121

32,795

39,655

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.25

31.5.24

£

£

Bank overdrafts

1,182

1,182

A debenture was created on 26th June 2003 by the company for securing all monies due or to become due from the company to The Royal Bank of Scotland on any account whatsoever.The debenture has been satisfied and withdrawn with effect from 4th June 2025.

10.	PROVISIONS FOR LIABILITIES

31.5.25

31.5.24

£

£

Deferred tax

7,325

9,660

Deferred

tax

£

Balance at 1 June 2024

9,660

Credit to Income Statement during year

(2,335

)

Balance at 31 May 2025

7,325

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

2,000

Ordinary

£1

2,000

2,000

12.

RESERVES

Retained

earnings

£

At 1 June 2024

502,102

Profit for the year

248,002

Dividends

(85,800

)

At 31 May 2025

664,304

13.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2025 and 31 May 2024:

31.5.25

31.5.24

£

£

M L F Knowles

Balance outstanding at start of year

64,000

-

Amounts advanced

-

64,000

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

64,000

64,000

The Directors loan of £64,000 will be repaid within nine months of the year end.

14.	ASSOCIATED COMPANY

The Director controls a second company Jemshine Investments Limited, being under common control the company is considered associated. At 31st May 2025 Jemshine Investments Limited has borrowed from Tec-2000 Limited a total of £95,900.

15.	ULTIMATE CONTROLLING PARTY

The company was under the control of MLF Knowles throughout the current and previous year. MLF Knowles is the majority shareholder.