Teknoglass Solutions LLP Accounts






Teknoglass Solutions LLP

	Registered No. OC391919
	Information for Filing with the Registrar
		31 March 2025

at	31 March 2025

Registered No.			OC391919	Notes	2025	2024
					£	£
Fixed assets

	Tangible assets			4	5,531	3,375


					5,531	3,375
Current assets

	Debtors			5	2,601	1,687

	Cash at bank and in hand				36,899	52,402
					39,500	54,089

Net current assets					39,500	54,089
Total assets less current liabilities					45,031	57,464


Net assets attributable to members					45,031	57,464

Represented by:

	Members' other interests


		Other reserves			45,031	57,464
					45,031	57,464

					45,031	57,464



These accounts have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

For the year ended 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 as applied by the Limited Liability Partnerships (Accounts and Audit)(Application of Companies Act 2006) Regulations 2008) relating to small LLPs.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.

As permitted by section 444 (5A)of the Companies Act 2006 the members have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the members on 03 December 2025 and signed on its behalf by:
Kevin Root
Designated member
03 December 2025

for the year ended 31 March 2025

General information

Teknoglass Solutions LLP is a limited liability partnership and incorporated in England and Wales.

Its registered number is: OC391919

Its registered office is:

5 Church Green

Coggeshall

Colchester

CO6 1UD

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and in accordance with the Statement of Recommended Practice 'Accounting for Limited Liability Partnerships' issued in December 2018.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Members' remuneration and division of profits

Remuneration is paid to certain members under a contract of employment and is included as an expense in the profit and loss account.

In addition, the LLP agreement provides that fixed amounts, determined for each member each year, be paid to members, irrespective of the profits of the LLP. These amounts are included within members' remuneration charged as an expense.

Profits are treated as being available for discretionary division only if the the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Once agreement has been reached to divide the profits, a members' share in the profit or loss for the year is accounted for as an allocation of profits. Unallocated profits and losses remain included within 'other reserves'.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

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

Plant and machinery

20% straight line

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the balance sheet.

Taxation

Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.

Retirement benefits of former members

The retirement benefits of former members are determined annually base on a formula directly linked to the profits of the partnership. Provision is made at the date of retirement of the member for the estimated present value of the expected future payments to that member. On initial recognition the estimated current value of the future pension is transferred from members' interests to provisions for liabilities and charges. The unwinding of the discount of the provision to retirement benefits is charged to the profit and loss account and including in interest payable. The liability is reassessed annually and any changes in the estimates are included within the profit and loss account.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the LLP has no further payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.














	2025	2024
	£	£
The amount of profit attributable to the member with the largest entitlement was:	7,318	36,957

3	Employees
		2025	2024
		Number	Number

	The average number of persons employed during the year was:	0	0

4	Tangible fixed assets
		Plant and machinery	Motor vehicles	Total
		£	£	£
	Cost
	At 1 April 2024	1,870	4,500	6,370
	Additions	-	4,000	4,000



	At 31 March 2025	1,870	8,500	10,370
	Depreciation
	At 1 April 2024	1,870	1,125	2,995
	Charge for the year	-	1,844	1,844



	At 31 March 2025	1,870	2,969	4,839
	Net book values
	At 31 March 2025	-	5,531	5,531
	At 31 March 2024	-	3,375	3,375

5	Debtors
		2025	2024
		£	£



	VAT recoverable	2,601	1,687


		2,601	1,687