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Registration number: 01710891

Techniblinds Limited
Annual Report and Unaudited Abridged Financial Statements
for the Year Ended 30 April 2025

Techniblinds Limited

Contents

Company Information | 1
Abridged Balance Sheet | 2 to 3
Notes to the Unaudited Abridged Financial Statements | 4 to 7

Techniblinds Limited

Company Information

Director | Mr D P Bennett

Registered office | Suite 1B1 Argyle House Northside Joel Street Northwood Hills HA6 1NW

Techniblinds Limited

(Registration number: 01710891)
Abridged Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,535 | 1,965
Current assets |  |  |
Stocks |  | 22,893 | 11,195
Debtors |  | 98,287 | 110,090
Cash at bank and in hand |  | 283,087 | 254,298
|  | 404,267 | 375,583
Creditors: Amounts falling due within one year |  | (79,995) | (78,108)
Net current assets |  | 324,272 | 297,475
Total assets less current liabilities |  | 325,807 | 299,440
Provisions for liabilities |  | (384) | (373)
Net assets |  | 325,423 | 299,067
Capital and reserves |  |  |
Called up share capital |  | 3,000 | 3,000
Retained earnings |  | 322,423 | 296,067
Shareholders' funds |  | 325,423 | 299,067

For the financial 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.

Director's 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 director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Techniblinds Limited

(Registration number: 01710891)
Abridged Balance Sheet as at 30 April 2025

Approved and authorised by the director on 16 January 2026

......................................... Mr D P Bennett Director |  |

Techniblinds Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025

1 | 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 abridged 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 abridged 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and 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.

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 income 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.

Techniblinds Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025

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
Fixtures and fittings | 15% reducing balance
Office equipments | 25% straight line
Motor vehicles | 25% reducing balance
Plant and machinery | 25% reducing balance
Improvements to property | 10% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

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.

2 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2024 - 5).

Techniblinds Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025

3 | Intangible assets

| Total £
Cost or valuation
At 1 May 2024 | 1,000
At 30 April 2025 | 1,000
Amortisation
At 1 May 2024 | 1,000
At 30 April 2025 | 1,000
Carrying amount
At 30 April 2025 | -

4 | Tangible assets

| Short leasehold land and buildings £ | Fixtures and fittings £ | Plant and machinery £ | Office equipment £ | Motor vehicles £
Cost or valuation
At 1 May 2024 | 27,239 | 25,955 | 16,312 | 5,943 | 12,895
At 30 April 2025 | 27,239 | 25,955 | 16,312 | 5,943 | 12,895
Depreciation
At 1 May 2024 | 27,239 | 25,310 | 15,537 | 5,943 | 12,351
Charge for the year | - | 98 | 195 | - | 136
At 30 April 2025 | 27,239 | 25,408 | 15,732 | 5,943 | 12,487
Carrying amount
At 30 April 2025 | - | 547 | 580 | - | 408
At 30 April 2024 | - | 645 | 776 | - | 544

Techniblinds Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025

| Total £
Cost or valuation
At 1 May 2024 | 88,344
At 30 April 2025 | 88,344
Depreciation
At 1 May 2024 | 86,380
Charge for the year | 429
At 30 April 2025 | 86,809
Carrying amount
At 30 April 2025 | 1,535
At 30 April 2024 | 1,965

Included within the net book value of land and buildings above is £Nil (2024 - £Nil) in respect of short leasehold land and buildings.

5 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 3,000 | 3,000 | 3,000 | 3,000