IRIS Accounts Production v25.4.0.155 OC364239 designated member designated member 1.4.24 31.3.25 31.3.25 16.1.26 0 false true false false true false Auditors Opinion iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh OC364239 2024-03-31 OC364239 2025-03-31 OC364239 2024-04-01 2025-03-31 OC364239 2023-03-31 OC364239 2023-04-01 2024-03-31 OC364239 2024-03-31 OC364239 ns15:EnglandWales 2024-04-01 2025-03-31 OC364239 ns14:PoundSterling 2024-04-01 2025-03-31 OC364239 ns10:PartnerLLP1 2024-04-01 2025-03-31 OC364239 ns10:PartnerLLP2 2024-04-01 2025-03-31 OC364239 ns10:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC364239 ns10:SmallEntities 2024-04-01 2025-03-31 OC364239 ns10:Audited 2024-04-01 2025-03-31 OC364239 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC364239 ns10:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC364239 ns10:FullAccounts 2024-04-01 2025-03-31 OC364239 ns10:PartnerLLP3 2024-04-01 2025-03-31 OC364239 ns10:RegisteredOffice 2024-04-01 2025-03-31 OC364239 ns5:CurrentFinancialInstruments 2025-03-31 OC364239 ns5:CurrentFinancialInstruments 2024-03-31 OC364239 ns5:LeaseholdImprovements 2024-03-31 OC364239 ns5:PlantMachinery 2024-03-31 OC364239 ns5:MotorVehicles 2024-03-31 OC364239 ns5:LeaseholdImprovements 2024-04-01 2025-03-31 OC364239 ns5:PlantMachinery 2024-04-01 2025-03-31 OC364239 ns5:MotorVehicles 2024-04-01 2025-03-31 OC364239 ns5:LeaseholdImprovements 2025-03-31 OC364239 ns5:PlantMachinery 2025-03-31 OC364239 ns5:MotorVehicles 2025-03-31 OC364239 ns5:LeaseholdImprovements 2024-03-31 OC364239 ns5:PlantMachinery 2024-03-31 OC364239 ns5:MotorVehicles 2024-03-31 OC364239 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 OC364239 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31

REGISTERED NUMBER: OC364239 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

| FOR |

| TENSOR TIME AND ENERGY LLP |

TENSOR TIME AND ENERGY LLP (REGISTERED NUMBER: OC364239) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 MARCH 2025

Page |

| General Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| TENSOR TIME AND ENERGY LLP |

GENERAL INFORMATION

for the Year Ended 31 MARCH 2025

| DESIGNATED MEMBERS: | Mr N Smith

| Mr A Smith

| Tensor Plc

| REGISTERED OFFICE: | Hail Weston House

| Kimbolton Road

| Hail Weston

| St Neots

| Cambridgeshire

| PE19 5JY

| REGISTERED NUMBER: | OC364239 (England and Wales)

| AUDITORS: | FKCA Limited

| Statutory Auditor

| 260 - 270 Butterfield

| Great Marlings

| Luton

| Bedfordshire

| LU2 8DL

TENSOR TIME AND ENERGY LLP (REGISTERED NUMBER: OC364239) |

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| as restated |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 239,385 |  | 185,310 |  |

CURRENT ASSETS

Stocks | 6 | 929,669 |  | 1,150,839 |  |

Debtors | 7 | 2,347,584 |  | 1,798,151 |  |

Cash at bank and in hand | 215,593 |  | 593,197 |  |

3,492,846 |  | 3,542,187 |  |

CREDITORS

Amounts falling due within one year | 8 | 3,536,263 |  | 3,632,508 |  |

NET CURRENT LIABILITIES | (43,417 | ) | (90,321 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS | 195,968 |  | 94,989 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 10 | 195,968 |  | 94,989 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 10 | 195,968 |  | 94,989 |  |

Amounts due from members | 7 | - |  | (13,271 | ) |

195,968 |  | 81,718 |  |

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 14 January 2026 and were signed by:

Mr N Smith - Designated member

TENSOR TIME AND ENERGY LLP (REGISTERED NUMBER: OC364239) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 MARCH 2025

1. | STATUTORY INFORMATION

| Tensor Time and Energy LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities and under the historical cost convention.

| The prior year accounting period was shortened to 10 months to cover the period 1 June 2022 to 31 March 2023,therefore the comparatives are not entirely comparative.

| The designated members' consider that there are no material uncertainties about the limited liability partnership's ability to continue as a going concern.

| Turnover

| Turnover represents net invoiced sales of goods and services, excluding value added tax. The company recognises a sale of goods on delivery of satisfactory completion of the installation at the point at which the risks and rewards of ownership of the goods pass from the Company to the customer and the Company has no further obligations to the customer. Turnover in respect of maintenance contracts is recognised on a straight line basis over the life of the contract. Amounts deferred, relating to the next financial year, are recognised within other creditors.

| Tangible fixed assets

| Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life)..

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

| Plant and machinery - 25% on reducing balance

| Motor Vehicles - 25% on reducing balance

| Depreciation has not been charged on improvements to property as the asset has been assessed to be at the residual value as described above.

| Stocks

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

| Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

TENSOR TIME AND ENERGY LLP (REGISTERED NUMBER: OC364239) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 MARCH 2025

3. | ACCOUNTING POLICIES - continued

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Members' participation rights

| Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).

| Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with FRS 102 Financial Instruments: Disclosure and Presentation. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.

| Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.

| Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the Profit and Loss Account in the relevant year. To the extent they remain unpaid at the year end, they are shown as liabilities in the Balance Sheet.

| Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the Profit and Loss Account and are equity appropriations in the Balance Sheet.

| Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.

| All amounts due to members that are classified as liabilities are presented in the Balance Sheet within 'Loans and other debts due to members' and are charged to the Profit and Loss Account within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the Balance Sheet within 'Members' others interests'.

4. | EMPLOYEE INFORMATION

| The average number of employees, including members with contracts of employment, during the year was NIL (2024 - 6 ).

TENSOR TIME AND ENERGY LLP (REGISTERED NUMBER: OC364239) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 MARCH 2025

5. | TANGIBLE FIXED ASSETS

| Improvements |

| to |  | Plant and |  | Motor |

| property |  | machinery |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2024 | 45,206 |  | 51,426 |  | 184,996 |  | 281,628 |  |

| Additions | - |  | - |  | 102,000 |  | 102,000 |  |

| At 31 March 2025 | 45,206 |  | 51,426 |  | 286,996 |  | 383,628 |  |

| DEPRECIATION

| At 1 April 2024 | 10,934 |  | 24,780 |  | 60,604 |  | 96,318 |  |

| Charge for year | 918 |  | 6,256 |  | 40,751 |  | 47,925 |  |

| At 31 March 2025 | 11,852 |  | 31,036 |  | 101,355 |  | 144,243 |  |

| NET BOOK VALUE

| At 31 March 2025 | 33,354 |  | 20,390 |  | 185,641 |  | 239,385 |  |

| At 31 March 2024 | 34,272 |  | 26,646 |  | 124,392 |  | 185,310 |  |

6. | STOCKS

2025 | 2024 |

| as restated |

£ | £ |

| Stocks | 924,669 |  | 1,145,839 |  |

| Work-in-progress | 5,000 |  | 5,000 |  |

929,669 |  | 1,150,839 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| as restated |

£ | £ |

| Trade debtors | 1,302,693 |  | 1,663,056 |  |

| Amounts due from members | - |  | 13,271 |  |

| Other debtors | 942,061 |  | 40,466 |  |

| VAT Debtor | 74,979 |  | - |  |

| Prepayments and accrued income | 27,851 |  | 81,358 |  |

2,347,584 |  | 1,798,151 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| as restated |

£ | £ |

| Trade creditors | 92,472 |  | 256,863 |  |

| VAT | - |  | 4,577 |  |

| Other creditors | 3,434,827 |  | 3,362,068 |  |

| Accruals and deferred income | 8,964 |  | 9,000 |  |

3,536,263 |  | 3,632,508 |  |

TENSOR TIME AND ENERGY LLP (REGISTERED NUMBER: OC364239) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 MARCH 2025

9. | SECURED DEBTS

| Bank loans of the Tensor group are secured by fixed and floating charges over the fixed and current assets of Tensor PLC, Tensor Systems Limited and Tensor Time and Energy LLP. The total value of the security at the balance sheet date for the group totalled £750,000.

10. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| In the event of winding up this debt would rank equally with unsecured other creditors. In such an event, there is no legally enforceable protection, which cannot be revoked solely by a decision of the members, afforded to other creditors. There are no restrictions or limitations on the ability of the members to reduce the amount of 'Members' other interests'.

11. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Mr Stephen Mason BSc FCA (Senior Statutory Auditor)

| for and on behalf of FKCA Limited

12. | RELATED PARTY DISCLOSURES

| Entities with control, joint control or significant influence over the entity

|  | 2025 |  | 2024 |  |

|  | £ |  | £ |  |

| Payroll recharged |  | 2,888,190 |  | 3,039,130 |  |

| Amounts owed to related party |  | 2,312,053 |  | 2,057,227 |  |

| Other related parties

|  | 2025 |  | 2024 |  |

|  | £ |  | £ |  |

| Amounts owed from related party |  | 902,097 |  | 23,331 |  |

| All related party loans are interest free and have no fixed date of repayment.

| The freehold property which the company operates is owned by a designated member. No rent was charged for the freehold building during the current or prior year.

13. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Mr N Smith.