| Registered Number:10302145 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Tec 41 Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Tec 41 Limited
Statement of Financial Position
2024
2025
500
1,000
2
| Property, plant and equipment |
384,001
273,932
3
384,501
274,932
17,314
35,906
4
| Trade and other receivables |
463,015
437,967
5
25,490
| Cash and cash equivalents |
3,467
477,340
505,819
| Trade and other payables: amounts falling due within one |
| year |
(625,676)
(732,819)
6
(119,857)
(255,479)
Net current liabilities
| Total assets less current liabilities |
129,022
155,075
| Trade and other payables: amounts falling due after more |
| than one year |
(86,446)
(35,306)
7
(72,716)
(68,091)
| Provisions for liabilities |
21,000
Net assets
538
100
100
20,900
438
21,000
538
Shareholders' funds
| For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| 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 proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 March 2025
Tec 41 Limited
Statement of Financial Position Continued
| Stuart Flockhart Director |
| These financial statements were approved and authorised for issue by the Board on 15 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Tec 41 Limited
Notes to the Financial Statements
Statutory Information
| Tec 41 Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 10302145. |
8 Great Whip Street
Ipswich
IP2 8EY
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of 10 years. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and Buildings
Plant and Machinery
Computer Equipment
Motor Vehicles
Furniture and Fittings
Inventories
| Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 31 March 2025
Tec 41 Limited
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
5,000
5,000
4,000
500
Charge for year
4,500
500
1,000
| 3. Property, plant and equipment |
378,368
12,966
9,286
163,893
185,523
6,700
149,064
4,127
1,185
29,750
64,320
49,682
56,382
193,643
10,471
17,093
527,432
249,843
| Provision for depreciation and impairment |
104,436
5,946
4,312
35,012
55,968
3,198
Charge for year
38,995
2,447
1,203
15,688
18,128
1,529
143,431
8,393
5,515
50,700
74,096
4,727
51,655
175,747
142,943
4,956
8,700
384,001
3,502
129,555
128,881
4,974
7,020
273,932
2024
2025
35,906
17,314
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For the year ended 31 March 2025
Tec 41 Limited
Notes to the Financial Statements Continued
| 5. Trade and other receivables |
2024
2025
304,297
344,113
133,670
118,902
463,015
437,967
| 6. Trade and other payables: amounts falling due within one year |
2024
2025
74,621
81,186
268,996
235,963
| Taxation and social security |
330,799
218,387
58,403
90,140
732,819
625,676
| 7. Trade and other payables: amounts falling due after more than one year |
2024
2025
-
33,143
35,306
53,303
35,306
86,446
| 8. Average number of persons employed |
During the year the average number of employees was 29 (2024 : 28)
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