Company Registration No. 03184042 (England and Wales)
Technovations Ltd
Unaudited accounts
for the year ended 30 April 2025
Technovations Ltd
Unaudited accounts
Contents
Technovations Ltd
Company Information
for the year ended 30 April 2025
Company Number
03184042 (England and Wales)
Accountants
Aldertons Accountants
Oak House
2 Woodward Close
Ipswich
Suffolk
IP2 0EA
Technovations Ltd
Statement of financial position
as at 30 April 2025
Tangible assets
2,368
2,336
Cash at bank and in hand
81,550
174,861
Creditors: amounts falling due within one year
(61,086)
511
Net current assets
338,653
388,770
Net assets
341,021
391,106
Called up share capital
100
100
Profit and loss account
340,921
391,006
Shareholders' funds
341,021
391,106
For the year ending 30 April 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 November 2025 and were signed on its behalf by
G J H Owens
Director
Company Registration No. 03184042
Technovations Ltd
Notes to the Accounts
for the year ended 30 April 2025
Technovations Ltd is a private company, limited by shares, registered in England and Wales, registration number 03184042.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% per annum straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
49,006
15,021
61,831
125,858
At 30 April 2025
49,006
15,021
62,653
126,680
At 1 May 2024
49,005
15,021
59,496
123,522
Charge for the year
-
-
790
790
At 30 April 2025
49,005
15,021
60,286
124,312
At 30 April 2025
1
-
2,367
2,368
At 30 April 2024
1
-
2,335
2,336
Amounts falling due within one year
Trade debtors
23,948
4,037
Other debtors
211,829
209,361
Technovations Ltd
Notes to the Accounts
for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
29,944
3,148
Taxes and social security
(985)
(6,001)
Other creditors
2,128
2,342
Loans from directors
29,999
-
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).