Unaudited Financial Statements

for the Year Ended 31 March 2025

for

C Tie (Uk) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Rooke

Mr J Rooke

REGISTERED OFFICE:

Unit 5 Axiom Business Park

41 Balcombe Road

Horley

Surrey

RH6 7HF

REGISTERED NUMBER:

09165303 (England and Wales)

ACCOUNTANTS:

Williams & Co Epsom LLP

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Intangible assets

4

670

670

Tangible assets

5

91,736

92,697

92,406

93,367

CURRENT ASSETS

Stocks

6

1,939,829

1,788,095

Debtors

7

2,092,254

2,380,272

Cash at bank

290,226

282,720

4,322,309

4,451,087

CREDITORS

Amounts falling due within one year

8

1,488,569

1,620,807

NET CURRENT ASSETS

2,833,740

2,830,280

TOTAL ASSETS LESS CURRENT LIABILITIES

2,926,146

2,923,647

CREDITORS

Amounts falling due after more than one year

9

(58,333

)

(158,333

)

PROVISIONS FOR LIABILITIES

11

(22,934

)

(23,175

)

NET ASSETS

2,844,879

2,742,139

CAPITAL AND RESERVES

Called up share capital

12

100

100

Retained earnings

2,844,779

2,742,039

SHAREHOLDERS' FUNDS

2,844,879

2,742,139

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 June 2025 and were signed on its behalf by:

Mr J Rooke - Director

1.	STATUTORY INFORMATION

C Tie (Uk) 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 represents net invoices sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, 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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Short leasehold

-

20% on cost and in accordance with the property

Plant and machinery

-

20% on cost

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 13 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

Goodwill

licences

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

600,000

670

600,670

AMORTISATION

At 1 April 2024

and 31 March 2025

600,000

-

600,000

NET BOOK VALUE

At 31 March 2025

-

670

670

At 31 March 2024

-

670

670

5.	TANGIBLE FIXED ASSETS

Short

Plant and

leasehold

machinery

Totals

£

£

£

COST

At 1 April 2024

3,325

206,906

210,231

Additions

-

40,199

40,199

At 31 March 2025

3,325

247,105

250,430

DEPRECIATION

At 1 April 2024

3,325

114,209

117,534

Charge for year

-

41,160

41,160

At 31 March 2025

3,325

155,369

158,694

NET BOOK VALUE

At 31 March 2025

-

91,736

91,736

At 31 March 2024

-

92,697

92,697

6.

STOCKS

2025

2024

£

£

Stock in transit

659,338

786,434

Finished goods

1,280,491

1,001,661

1,939,829

1,788,095

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

709,807

838,054

Amounts owed by group undertakings

493,602

490,822

Amounts owed by participating interests

814,013

920,555

Other debtors

24,966

5,000

Prepayments

49,866

125,841

2,092,254

2,380,272

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 10)

50,000

-

Trade creditors

698,197

964,625

Tax

209,204

350,062

Social security and other taxes

10,352

11,101

VAT

204,186

195,833

Other loans

300,000

72,917

Accrued expenses

16,630

26,269

1,488,569

1,620,807

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 10)

58,333

158,333

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

50,000

-

Amounts falling due between one and two years:

Bank loans - 1-2 years

50,000

-

Bank Loan

-

158,333

50,000

158,333

Amounts falling due between two and five years:

Bank loans - 2-5 years

8,333

-

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

22,934

23,175

Deferred

tax

£

Balance at 1 April 2024

23,175

Provided during year

(241

)

Balance at 31 March 2025

22,934

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

750

Ordinary

£0.10

75

75

250

Ordinary A

£0.10

25

25

100

100

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling part is Rooke Group Limited