REGISTERED NUMBER: 11685843 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2025

FOR

T M CHEMICALS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

P Forrester

Mrs K L Forrester

Mrs N M Sidwell

REGISTERED OFFICE:

3 & 4 Park Court

Riccall Road

Escrick

York

North Yorkshire

YO19 6ED

REGISTERED NUMBER:

11685843 (England and Wales)

ACCOUNTANTS:

CGA

Chartered Certified Accountants

3 & 4 Park Court

Riccall Road

Escrick

York

North Yorkshire

YO19 6ED

FIXED ASSETS

Intangible assets

4

150

200

Tangible assets

5

17,183

22,704

17,333

22,904

CURRENT ASSETS

Stocks

49,100

32,310

Debtors

6

64,318

71,169

Cash at bank

13,607

15,889

127,025

119,368

CREDITORS

Amounts falling due within one year

7

97,710

120,405

NET CURRENT ASSETS/(LIABILITIES)

29,315

(1,037

)

TOTAL ASSETS LESS CURRENT LIABILITIES

46,648

21,867

CREDITORS

Amounts falling due after more than one year

8

-

(5,555

)

PROVISIONS FOR LIABILITIES

(3,265

)

(4,314

)

NET ASSETS

43,383

11,998

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

43,233

11,848

SHAREHOLDERS' FUNDS

43,383

11,998

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th May 2026 and were signed on its behalf by:

P Forrester - Director

1.	STATUTORY INFORMATION

T M Chemicals 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. 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 and represents amounts receivable for goods supplied and services rendered stated net of discounts and of Value Added Tax.

Income is recognised when the right to consideration becomes due.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on 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 Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st December 2024

and 30th November 2025

500

AMORTISATION

At 1st December 2024

300

Charge for year

50

At 30th November 2025

350

NET BOOK VALUE

At 30th November 2025

150

At 30th November 2024

200

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1st December 2024

29,496

1,060

10,689

41,245

Additions

-

150

678

828

At 30th November 2025

29,496

1,210

11,367

42,073

DEPRECIATION

At 1st December 2024

10,278

490

7,773

18,541

Charge for year

4,804

108

1,437

6,349

At 30th November 2025

15,082

598

9,210

24,890

NET BOOK VALUE

At 30th November 2025

14,414

612

2,157

17,183

At 30th November 2024

19,218

570

2,916

22,704

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

64,318

71,169

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

20,726

51,868

Trade creditors

23,282

26,473

Taxation and social security

51,462

39,377

Other creditors

2,240

2,687

97,710

120,405

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

5,555

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year under review, Directors received loans from the company which are repayable on demand and have had interest charged on their loan at 2.25% and 3.25%

The company made advances of £112,741 (2024: £123,013) to the directors, against which credits were made of £118,612 (2024: £146,116).

At the year end, the amount owed to the company by the directors was £35,953 (2024: £41,824). This is included within other debtors.

There are no conditions attached to advances to the director, however, the director must ensure that this is not detrimental to the company.