Registration number: 01593212

Technibond Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Technibond Limited

Company Information

Directors

Mr S Lewis Mr RW Garrett Mr M Summers Mr M Harrison

Registered office

Millboard Road Bourne End Buckinghamshire SL8 5XD

Accountants

Sterling Grove Accountants Limited Chartered Certified AccountantsFawley House 2 Regatta Place Marlow Road Bourne End Buckinghamshire SL8 5TD

Technibond Limited

(Registration number: 01593212)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	74,018	139,773
Current assets
Stocks	5	1,221,599	1,190,272
Debtors	6	704,467	705,321
Cash at bank and in hand		25,736	38,473
		1,951,802	1,934,066
Creditors: Amounts falling due within one year	7	(993,856)	(1,012,546)
Net current assets		957,946	921,520
Total assets less current liabilities		1,031,964	1,061,293
Creditors: Amounts falling due after more than one year	7	(42,839)	(54,883)
Provisions for liabilities		(13,200)	(34,700)
Net assets		975,925	971,710
Capital and reserves
Called up share capital		400,000	400,000
Retained earnings		575,925	571,710
Shareholders' funds		975,925	971,710

For the financial year ending 31 December 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 June 2026 and signed on its behalf by:
 

......................................... Mr S Lewis Director

Technibond Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Millboard Road
Bourne End
Buckinghamshire
SL8 5XD

These financial statements were authorised for issue by the Board on 9 June 2026.

2	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 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 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 in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

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.

Technibond Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

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.

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
Plant and machinery	20% straight line basis
Fixture and fittings	15% straight line basis
Computers	50% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

Technibond Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 22 (2024 - 22).

Technibond Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Plant and machinery £	Total £
Cost or valuation
At 1 January 2025	189,171	1,293,344	1,482,515
Additions	3,667	-	3,667
At 31 December 2025	192,838	1,293,344	1,486,182
Depreciation
At 1 January 2025	182,101	1,160,641	1,342,742
Charge for the year	7,381	62,041	69,422
At 31 December 2025	189,482	1,222,682	1,412,164
Carrying amount
At 31 December 2025	3,356	70,662	74,018
At 31 December 2024	7,070	132,703	139,773

5

Stocks

	2025 £	2024 £
Other inventories	1,221,599	1,190,272

6

Debtors

Current	2025 £	2024 £
Trade debtors	656,469	656,573
Prepayments	47,998	48,748
	704,467	705,321

Technibond Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	31,265	50,000
Trade creditors		280,257	346,326
Other taxation and social security		132,780	157,846
Accruals and deferred income		15,234	13,671
Other creditors		522,020	418,703
Corporation tax		12,300	26,000
		993,856	1,012,546

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	-	14,085
Other financial liabilities		42,839	40,798
		42,839	54,883

Bank loans are secured by the following charges:

- fixed and floating charge over all present and future freehold and leasehold property.
- first fixed charge over book and other debts, chattels, goodwill and uncalled capital.
- first floating charge over all assets and undertaking both present and future to be given to the company.
- personal guarantees from the directors totalling £100,000.

Other creditors are secured by a fixed charge over the trade debtors of the company

Technibond Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	14,085

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	25,634	50,000
Bank overdrafts	5,631	-
	31,265	50,000

Bank loans are secured by the following charges:

- fixed and floating charge over all present and future freehold and leasehold property.
- first fixed charge over book and other debts, chattels, goodwill and uncalled capital.
- first floating charge over all assets and undertaking both present and future to be given to the company.
- personal guarantees from the directors totalling £100,000.

Other creditors are secured by a fixed charge over the trade debtors of the company

9	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £166,565 (2024 - £370,845).