Tyne Technical Services Ltd 31/10/2025 iXBRL

Company registration number: 07504705

Tyne Technical Services Ltd

Unaudited abridged financial statements

31 October 2025

Tyne Technical Services Ltd

Contents

Directors and other information

Directors report

Accountants report

Abridged statement of comprehensive income

Abridged statement of financial position

Statement of changes in equity

Notes to the financial statements

Tyne Technical Services Ltd

Directors and other information


	Directors	Mr G Forster
		Mr J Forster


	Company number	07504705


	Registered office	Wakefield House
		Nest Road
		Gateshead
		Tyne and Wear
		NE10 0ES


	Business address	Wakefield House
		Nest Road
		Gateshead
		Tyne and Wear
		NE10 0ES


	Accountants	T R Dixon & Co Ltd
		Chartered Certified Accountants
		Statutory Auditors
		Bermuda House
		1a Dinsdale Place
		Jesmond
		Newcastle upon Tyne
		NE2 1BD

Tyne Technical Services Ltd

Directors report

Year ended 31 October 2025

The directors present their report and the unaudited financial statements of the company for the period ended 31 October 2025.

Directors

The directors who served the company during the period were as follows:

Mr G Forster

Mr J Forster

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 08 May 2026 and signed on behalf of the board by:

Mr J Forster

Director

Tyne Technical Services Ltd

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Tyne Technical Services Ltd

Year ended 31 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tyne Technical Services Ltd for the period ended 31 October 2025 which comprise the abridged statement of comprehensive income, abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements.

This report is made solely to the board of directors of Tyne Technical Services Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Tyne Technical Services Ltd and state those matters that we have agreed to state to the board of directors of Tyne Technical Services Ltd as a body, in this report in accordance with the ACCA to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tyne Technical Services Ltd and its board of directors as a body for our work or for this report.

It is your duty to ensure that Tyne Technical Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Tyne Technical Services Ltd. You consider that Tyne Technical Services Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Tyne Technical Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

T R Dixon & Co Ltd

Chartered Certified Accountants

Statutory Auditors

Bermuda House

1a Dinsdale Place

Jesmond

Newcastle upon Tyne

NE2 1BD

8 May 2026

Tyne Technical Services Ltd

Abridged statement of comprehensive income

Year ended 31 October 2025

		Year	Year
		ended	ended
		31/10/25	31/10/24

	Note	£	£

Gross profit		715,788	690,845

Administrative expenses		( 550,543)	( 553,553)
		_______	_______
Operating profit		165,245	137,292

Other interest receivable and similar income		153	-
Interest payable and similar expenses		( 72,276)	( 35,500)
		_______	_______
Profit before taxation	5	93,122	101,792

Tax on profit		-	2,016
		_______	_______
Profit for the financial period and total comprehensive income		93,122	103,808
		_______	_______

All the activities of the company are from continuing operations.

Tyne Technical Services Ltd

Abridged statement of financial position

31 October 2025

		31/10/25		31/10/24
	Note	£	£	£	£

Fixed assets
Tangible assets	6	918,692		900,414
		_______		_______
			918,692		900,414

Current assets
Stocks		81,727		24,262
Debtors		146,374		148,519
Cash at bank and in hand		6,440		73,590
		_______		_______
		234,541		246,371
Creditors: amounts falling due
within one year		( 319,923)		( 297,560)
		_______		_______
Net current liabilities			( 85,382)		( 51,189)
			_______		_______
Total assets less current liabilities			833,310		849,225

Creditors: amounts falling due
after more than one year			( 422,770)		( 442,407)
			_______		_______
Net assets			410,540		406,818
			_______		_______

Capital and reserves
Called up share capital			100		100
Revaluation reserve			180,000		180,000
Profit and loss account			230,440		226,718
			_______		_______
Shareholders funds			410,540		406,818
			_______		_______

For the period ending 31 October 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 financial statements for the period in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current period ending 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 08 May 2026 , and are signed on behalf of the board by:

Mr J Forster

Director

Company registration number: 07504705

Tyne Technical Services Ltd

Statement of changes in equity

Year ended 31 October 2025

	Called up share capital	Revaluation reserve	Profit and loss account	Total
	£	£	£	£


At 1 November 2021	100	180,000	225,850	405,950

Profit for the period			103,808	103,808
	_______	_______	_______	_______
Total comprehensive income for the period	-	-	103,808	103,808

Dividends paid and payable			( 102,940)	( 102,940)
	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	( 102,940)	( 102,940)

	_______	_______	_______	_______
At 31 October 2024 and 1 November 2024	100	180,000	226,718	406,818

Profit for the period			93,122	93,122
	_______	_______	_______	_______
Total comprehensive income for the period	-	-	93,122	93,122

Dividends paid and payable			( 89,400)	( 89,400)
	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	( 89,400)	( 89,400)

	_______	_______	_______	_______
At 31 October 2025	100	180,000	230,440	410,540
	_______	_______	_______	_______

Tyne Technical Services Ltd

Notes to the financial statements

Year ended 31 October 2025

1. General information

The company is a private company limited by shares, registered in England and wales. The address of the registered office is Wakefield House, Nest Road, Gateshead, Tyne and Wear, NE10 0ES.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	15 %	straight line
Fittings fixtures and equipment	-	15 %	straight line
Motor vehicles	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 11 (2024: 13 ).

5. Profit before taxation

Profit before taxation is stated after charging/(crediting):

	Year	Year
	ended	ended
	31/10/25	31/10/24
	£	£
Depreciation of tangible assets	104,784	65,501
	_______	_______

6. Tangible assets


		£
	Cost
	At 1 November 2024	1,048,213
	Additions	205,207
	Disposals	( 113,904)
		_______
	At 31 October 2025	1,139,516
		_______
	Depreciation
	At 1 November 2024	147,799
	Charge for the year	104,784
	Disposals	( 31,759)
		_______
	At 31 October 2025	220,824
		_______
	Carrying amount
	At 31 October 2025	918,692
		_______
	At 31 October 2024	900,414
		_______

7. Directors advances, credits and guarantees

	During the period the directors entered into the following advances and credits with the company:

Year ended 31/10/25
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr G Forster	( 334)	( 3,450)	3,780	( 4)
	Mr J Forster	( 334)	( 22,510)	22,240	( 604)
		_______	_______	_______	_______
		( 668)	( 25,960)	26,020	( 608)
		_______	_______	_______	_______

Year ended 31/10/24
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr G Forster	( 435)	( 8,179)	8,280	( 334)
	Mr J Forster	( 435)	( 5,116)	5,217	( 334)
		_______	_______	_______	_______
		( 870)	( 13,295)	13,497	( 668)
		_______	_______	_______	_______