REGISTERED NUMBER: 04322682 (England and Wales)

Tuxford Exports Limited

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R C Tuxford

SECRETARY:

R C Whitehead

REGISTERED OFFICE:

Unit 1 Calverton Court

Hollinwood Lane

Calverton

Nottingham

Nottinghamshire

NG14 6NR

REGISTERED NUMBER:

04322682 (England and Wales)

ACCOUNTANTS:

Brooks Mayfield Limited

Chartered Accountants

12 Bridgford Road

West Bridgford

Nottinghamshire

NG2 6AB

FIXED ASSETS

Tangible assets

5

338,541

1,492,980

Investments

6

-

3,333

338,541

1,496,313

CURRENT ASSETS

Stocks

1,174,000

2,174,000

Debtors

7

3,666,685

5,225,934

Investments

8

24,677

24,677

Cash at bank and in hand

3,762

68,622

4,869,124

7,493,233

CREDITORS

Amounts falling due within one year

9

(3,776,698

)

(4,785,966

)

NET CURRENT ASSETS

1,092,426

2,707,267

TOTAL ASSETS LESS CURRENT LIABILITIES

1,430,967

4,203,580

CREDITORS

Amounts falling due after more than one year

10

(120,280

)

(2,480,175

)

PROVISIONS FOR LIABILITIES

-

(281,822

)

NET ASSETS

1,310,687

1,441,583

CAPITAL AND RESERVES

Called up share capital

11

500,000

500,000

Retained earnings

810,687

941,583

SHAREHOLDERS' FUNDS

1,310,687

1,441,583

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 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 director and authorised for issue on 23rd December 2025 and were signed by:

R C Tuxford - Director

1.	STATUTORY INFORMATION

Tuxford Exports 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Long leasehold

-

Straight line over the life of the lease

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

20% on reducing balance and 15% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in associates

Investments in associate undertakings are recognised at cost.

Stocks

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

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 15 ).

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1st April 2024

1,109,197

1,026,893

107,915

479,183

2,723,188

Additions

-

-

1,400

83,295

84,695

Disposals

(1,109,197

)

(278,258

)

(100,728

)

(3,797

)

(1,491,980

)

At 31st March 2025

-

748,635

8,587

558,681

1,315,903

DEPRECIATION

At 1st April 2024

30,000

777,952

81,985

340,271

1,230,208

Charge for year

-

32,858

1,247

35,335

69,440

Eliminated on disposal

(30,000

)

(207,699

)

(80,809

)

(3,778

)

(322,286

)

At 31st March 2025

-

603,111

2,423

371,828

977,362

NET BOOK VALUE

At 31st March 2025

-

145,524

6,164

186,853

338,541

At 31st March 2024

1,079,197

248,941

25,930

138,912

1,492,980

6.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1st April 2024

3,333

Disposals

(3,333

)

At 31st March 2025

-

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

3,333

7.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

3,226,548

4,178,580

Other debtors

-

149,171

3,226,548

4,327,751

Amounts falling due after more than one year:

Amounts owed by group undertakings

440,137

898,183

Aggregate amounts

3,666,685

5,225,934

8.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

24,677

24,677

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

32,465

1,237,875

Hire purchase contracts

205,646

440,989

Trade creditors

917,310

1,531,496

Taxation and social security

91,022

112,763

Other creditors

2,530,255

1,462,843

3,776,698

4,785,966

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

79,323

2,439,218

Amounts owed to group undertakings

40,957

40,957

120,280

2,480,175

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

500,000

Ordinary

1

500,000

500,000