TEX LEICESTER LTD - Filleted accounts

Registered number

13021488

TEX LEICESTER LTD

Filleted Accounts

31 July 2025

TEX LEICESTER LTD
Registered number:		13021488
Balance Sheet
as at 31 July 2025
31 July				15 September
Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		17,649			20,030
Tangible assets	4		92,500			123,316
			110,149			143,346

Current assets
Stocks		6,500			8,241
Debtors	5	45,962			64,177
Cash at bank and in hand		9,690			5,294
		62,152			77,712

Creditors: amounts falling due within one year	6	(81,771)			(93,946)

Net current liabilities			(19,619)			(16,234)

Total assets less current liabilities			90,530			127,112


Provisions for liabilities			-			(35,836)


Net assets			90,530			91,276

Capital and reserves
Called up share capital			100			100
Profit and loss account			90,430			91,176

Shareholders' funds			90,530			91,276

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




G Goyal
Director
Approved by the board on 31 July 2026

TEX LEICESTER LTD
Notes to the Accounts
for the period from 16 September 2024 to 31 July 2025

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings	12.5% per annum on cost
	Fixtures, fittings and equipment	20% / 33% per annum on cost

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are recognised at transaction price including any transaction costs.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are recognised at transaction price.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.



2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			25		17


3	Intangible fixed assets					Goodwill
£

	Cost
	At 16 September 2024					31,750
	At 31 July 2025					31,750

	Amortisation
	At 16 September 2024					11,720
	Provided during the period					2,381
	At 31 July 2025					14,101

	Net book value
	At 31 July 2025					17,649
	At 15 September 2024					20,030




4	Tangible fixed assets
		Leashold property improvements		Fixtures, fittings & equipment		Total
£			£		£
	Cost
	At 16 September 2024	12,990		324,044		337,034
	Additions	-		3,344		3,344
	At 31 July 2025	12,990		327,388		340,378

	Depreciation
	At 16 September 2024	5,007		208,711		213,718
	Charge for the period	1,421		32,739		34,160
	At 31 July 2025	6,428		241,450		247,878

	Net book value
	At 31 July 2025	6,562		85,938		92,500
	At 15 September 2024	7,983		115,333		123,316




5	Debtors			2025		2024
£					£

	Trade debtors			7,921		10,004
	Prepayments			18,791		34,923
	Other debtors			19,250		19,250
				45,962		64,177


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			22,771		7,516
	Taxation and social security costs			12,984		40,638
	Other creditors			37,914		41,019
	Accruals			8,102		4,773
				81,771		93,946


7	Other information

	TEX LEICESTER LTD is a private company limited by shares and incorporated in England. Its registered office is:
	128A Evington Road
	Leicester
	LE2 1HL