REGISTERED NUMBER: 11277692 (England and Wales)

Report of the Director and

Unaudited Financial Statements

for the Year Ended

31 March 2025

for

TEGO Limited

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

AD Rumens

REGISTERED OFFICE:

6 Newbury Grange

Bracknell

Berkshire

RG42 4JW

REGISTERED NUMBER:

11277692 (England and Wales)

ACCOUNTANTS:

Jacksons Accountants (Ascot) Limited

The Old Bakehouse

Course Road

Ascot

Berkshire

SL5 7HL

The director presents his report with the financial statements of the company for the year ended 31 March 2025.

DIRECTOR

AD Rumens held office during the whole of the period from 1 April 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

AD Rumens - Director

15 July 2025

TURNOVER

341,787

147,144

Cost of sales

154,021

7,074

GROSS PROFIT

187,766

140,070

Administrative expenses

46,479

43,322

OPERATING PROFIT

4

141,287

96,748

Interest receivable and similar income

337

-

141,624

96,748

Interest payable and similar expenses

2,031

3,005

PROFIT BEFORE TAXATION

139,593

93,743

Tax on profit

28,432

25,518

PROFIT FOR THE FINANCIAL YEAR

111,161

68,225

FIXED ASSETS

Tangible assets

5

61,988

41,497

CURRENT ASSETS

Debtors

6

38,776

13,236

Cash at bank

28,995

22,050

67,771

35,286

CREDITORS

Amounts falling due within one year

7

57,257

55,798

NET CURRENT ASSETS/(LIABILITIES)

10,514

(20,512

)

TOTAL ASSETS LESS CURRENT LIABILITIES

72,502

20,985

CREDITORS

Amounts falling due after more than one year

8

22,829

16,315

NET ASSETS

49,673

4,670

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

49,672

4,669

49,673

4,670

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 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 15 July 2025 and were signed by:

AD Rumens - Director

1.	STATUTORY INFORMATION

TEGO 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% reducing balance / 20% straight line

Motor vehicles

-

25% on reducing balance

Office equipment

-

33% on cost

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.25

31.3.24

£

£

Depreciation - owned assets

9,264

13,832

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

5,894

55,911

11,893

73,698

Additions

-

69,310

-

69,310

Disposals

-

(62,911

)

-

(62,911

)

At 31 March 2025

5,894

62,310

11,893

80,097

DEPRECIATION

At 1 April 2024

2,594

18,812

10,795

32,201

Charge for year

583

7,898

783

9,264

Eliminated on disposal

-

(23,356

)

-

(23,356

)

At 31 March 2025

3,177

3,354

11,578

18,109

NET BOOK VALUE

At 31 March 2025

2,717

58,956

315

61,988

At 31 March 2024

3,300

37,099

1,098

41,497

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

22,065

At 31 March 2025

22,065

NET BOOK VALUE

At 31 March 2025

22,065

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

7,238

11,136

Other debtors

1

-

Director's current account

30,337

-

Prepayments and accrued income

1,200

2,100

38,776

13,236

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other loans

12,070

11,067

Hire purchase contracts

3,317

-

Trade creditors

277

4,132

Corporation tax

28,432

25,517

Social security and other taxes

11,461

13,782

Accruals and deferred income

1,700

1,300

57,257

55,798

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other loans - 2-5 years

4,246

16,315

Hire purchase contracts

18,583

-

22,829

16,315

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

£

AD Rumens

Balance outstanding at start of year

-

-

Amounts advanced

30,337

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

30,337

-