Registration number: 02062878

Completech Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6
Detailed Profit and Loss Account	7 to 8

Completech Limited

Company Information

Directors

Mr Philip Joseph Burgan Mrs Nina Burgan

Registered office

54 Ashcroft Avenue Shavington Crewe Cheshire CW2 5HN

Accountants

Alextra Group Limited Chartered Certified Accountants7-9 Macon Court Crewe Cheshire CW1 6EA

Completech Limited

(Registration number: 02062878)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	9,213	10,724
Current assets
Stocks	5	50	-
Debtors	6	2,905	4,369
Cash at bank and in hand		38,342	33,852
		41,297	38,221
Creditors: Amounts falling due within one year	7	(38,213)	(36,885)
Net current assets		3,084	1,336
Total assets less current liabilities		12,297	12,060
Provisions for liabilities		(1,751)	(2,038)
Net assets		10,546	10,022
Capital and reserves
Called up share capital		2	2
Retained earnings		10,544	10,020
Shareholders' funds		10,546	10,022

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 December 2025 and signed on its behalf by:
 

......................................... Mr Philip Joseph Burgan Director

Completech Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
54 Ashcroft Avenue
Shavington
Crewe
Cheshire
CW2 5HN

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Completech Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	10% reducing balance
Fixtures, fittings and equipment	25% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Completech Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4	Tangible assets

	Fixtures, fittings & equipment  £	Motor vehicles  £	Plant & machinery £	Total £
Cost or valuation
At 1 April 2024	2,649	8,000	3,189	13,838
Additions	-	-	777	777
At 31 March 2025	2,649	8,000	3,966	14,615
Depreciation
At 1 April 2024	2,617	-	497	3,114
Charge for the year	8	2,000	280	2,288
At 31 March 2025	2,625	2,000	777	5,402
Carrying amount
At 31 March 2025	24	6,000	3,189	9,213
At 31 March 2024	32	8,000	2,692	10,724

5

Stocks

	2025 £	2024 £
Other inventories	50	-

6

Debtors

Current	2025 £	2024 £
Trade debtors	2,905	3,869
Prepayments	-	500
	2,905	4,369

Completech Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	7,897	7,006
Other creditors	30,316	29,879
	38,213	36,885

Completech Limited

Detailed Profit and Loss Account for the Year Ended 31 March 2025

	2025  £	2024  £
Turnover (analysed below)	76,771	69,652
Cost of sales (analysed below)	(199)	(64)
Gross profit	76,572	69,588
Gross profit (%)	99.74%	99.91%
Administrative expenses
Employment costs (analysed below)	(63,423)	(48,331)
Establishment costs (analysed below)	(812)	(759)
General administrative expenses (analysed below)	(4,348)	(4,199)
Finance charges (analysed below)	(116)	(115)
Depreciation costs (analysed below)	(2,288)	(229)
	(70,987)	(53,633)
Operating profit	5,585	15,955
Profit before tax	5,585	15,955

Completech Limited

Detailed Profit and Loss Account for the Year Ended 31 March 2025

	2025  £	2024  £
Turnover
Sale of goods, UK	76,771	69,652
Cost of sales
Purchases	249	64
Closing raw materials	(50)	-
	199	64
Employment costs
Directors remuneration	(48,293)	(43,736)
Directors NIC (Employers)	(4,235)	(3,635)
Pension costs	(10,895)	(960)
	(63,423)	(48,331)
Establishment costs
Insurance	(500)	(447)
Use of home as office	(312)	(312)
	(812)	(759)
General administrative expenses
Repairs and renewals	(242)	(103)
Telephone and fax	(749)	(753)
Printing, postage and stationery	(174)	(161)
Trade subscriptions	(238)	(227)
Sundry expenses	(51)	(37)
Motor expenses	(1,519)	(1,849)
Travel and subsistence	(104)	-
Accountancy fees	(1,271)	(1,069)
	(4,348)	(4,199)
Finance charges
Bank charges	(116)	(115)
Depreciation costs
Depreciation of plant and machinery (owned)	(280)	(218)
Depreciation of fixtures and fittings (owned)	(8)	(11)
Depreciation of motor vehicles (owned)	(2,000)	-
	(2,288)	(229)
Operating profit	5,585	15,955
Profit before tax	5,585	15,955