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Registered number: 02636326 TECNOS LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
TECNOS LIMITED REGISTERED NUMBER: 02636326 BALANCE SHEET AS AT 31 DECEMBER 2025
| 2025 | 2025 | 2024 | 2024
Note | £ | £ | £ | £
Fixed assets |  |  |  |  |
Investment properties | 4 |  | 3,150,000 |  | 3,150,000
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 93,611 |  | 16,771 |
Cash at bank and in hand | 6 | 234,704 |  | 186,095 |
Creditors: amounts falling due within one year | 7 | (136,742) |  | (439,018) |
Net current assets/(liabilities) |  |  | 191,573 |  | (236,152)
Total assets less current liabilities |  |  | 3,341,573 |  | 2,913,848
Creditors: amounts falling due after more than one year | 8 |  | (262,357) |  | -
Provisions for liabilities |  |  |  |  |
Deferred tax | 10 | (198,710) |  | (157,379) |
Net assets |  |  | 2,880,506 |  | 2,756,469
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 430,000 |  | 430,000
Revaluation reserve |  |  | 1,724,691 |  | 1,724,691
Profit and loss account |  |  | 725,815 |  | 601,778
|  |  | 2,880,506 |  | 2,756,469
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TECNOS LIMITED REGISTERED NUMBER: 02636326 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2025 The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
R J Atkin
Director
Date: 11 August 2026
The notes on pages 3 to 9 form part of these financial statements. Page 2
TECNOS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Tecnos Limited is a private company limited by shares, incorporated in England & Wales. The address of the registered office is 6 Village Street, Edwalton, Nottingham, NG12 4AB. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of investment properties, and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the company's accounting policies. The following principal accounting policies have been applied:
| 2.2 | Revenue
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: The company’s only source of revenue is rental income from an investment property. Sales invoices are raised quarterly in advance for services provided. Revenue is recognised in the accounting period in which the services are rendered. Monies received for rental income in advance of services provided is deferred accordingly.
| 2.3 | Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. The company's freehold land and buildings are an investment property and are not depreciated. The investment property is stated at open market value.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. Page 3
TECNOS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.6 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.7 | Revaluation of investment properties
Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date. Fair values are determined from market based evidence normally undertaken by professionally qualified valuers. Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.
| 2.8 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. Page 4
TECNOS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.9 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.10 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.11 | Financial instruments
The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
| 2.12 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
| 2.13 | Lease of assets
The company receives rental income on assets held for use under operating leases. It recognises the rents on a straight line basis and accounts for costs over the life of the lease. Lease incentives are spread across the period of the minimum lease term. Page 5
TECNOS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
3. | Employees
| The average monthly number of employees, including directors, during the year was Nil (2024 - Nil).
4. | Investment properties
|  | Freehold land and buildings
|  | £
| Cost or valuation |
| At 1 January 2025 | 3,150,000
| At 31 December 2025 | 3,150,000
| Net book value |
| At 31 December 2025 | 3,150,000
| At 31 December 2024 | 3,150,000
Cost or valuation of land and buildings at 31 December 2025 is as follows: At cost 1,355,000 At valuation 19 January 2004 445,000 15 February 2006 100,000 31 December 2006 300,000 8 August 2014 375,000 31 December 2023 425,000 31 December 2024 150,000 Total £3,150,000 Page 6
TECNOS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 4.Investment properties (continued)
| If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cost | 1,355,000 | 1,355,000
| Accumulated depreciation | (599,201) | (577,801)
| Net book value | 755,799 | 777,199
| In accordance with the company’s accounting policy, the freehold land and buildings are treated as investment properties and held at open market value. The freehold land and buildings were revalued on 31 December 2024 by a Royal Institute of Chartered Surveryors qualified professional on an open market existing use basis. The company uses the above land and buildings, with a valuation at 31 December 2025 of £3,150,000 (2024 - £3,150,000), in operating leases and received aggregate rentals of £315,532 (2024 - £289,139).
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 86,819 | 10,333
| Prepayments and accrued income | 6,792 | 6,438
|  | 93,611 | 16,771
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 234,704 | 186,095
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TECNOS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 23,459 | -
| Corporation tax | 52,186 | -
| Other taxation and social security | - | 3,317
| Accruals and deferred income | 61,097 | 435,701
|  | 136,742 | 439,018
| Bank loans of £285,816 are secured by way of a fixed charge against the investment property.
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 262,357 | -
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 23,459 | -
| Amounts falling due 1-2 years |  |
| Bank loans | 24,831 | -
| Amounts falling due 2-5 years |  |
| Bank loans | 84,020 | -
| Amounts falling due after more than 5 years |  |
| Bank loans | 153,506 | -
|  | 285,816 | -
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TECNOS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
10. | Deferred taxation
|  | 2025 | 2024
|  | £ | £
| At beginning of year | (157,379) | (161,210)
| Credited/(charged) in the year | (41,331) | 3,831
| At end of year | (198,710) | (157,379)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Tax losses carried forward | - | 41,331
| Deferred taxation on revalued investment property | (198,710) | (198,710)
11. | Related party transactions
| During the year, the company paid Tecnos Holdings Limited, the company’s parent company and a company in which the directors have an interest, £144,000 (2024 - £190,000) in dividends. At the year end amounts of £1,797 (2024 - £2,005) were owed to the directors.
12. | Parent Undertaking
The company regards Tecnos Holdings Limited as its parent company. The registered office of the parent company is 6 Village Street, Edwalton, Nottingham, NG12 4AB.
13. | Auditors' information
The auditors' report on the financial statements for the year ended 31 December 2025 was unqualified. The audit report was signed on 11 August 2026 by Simon Liggins (Senior statutory auditor) on behalf of Barnes Roffe Audit Limited.
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