Company registration number 01341280 (England and Wales)
T.E.L. ENGINEERING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
T.E.L. ENGINEERING LIMITED
CONTENTS
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 8
T.E.L. ENGINEERING LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
30 NOVEMBER 2025
30 November 2025
- 1 -
2025
2024
Notes
£
£
£
£
Non-current assets
Property, plant and equipment
3
843,422
892,873
Current assets
Inventories
60,000
60,000
Trade and other receivables
4
1,978,157
1,151,950
Cash and cash equivalents
538,875
586,029
2,577,032
1,797,979
Current liabilities
5
(2,747,535)
(1,908,789)
Net current liabilities
(170,503)
(110,810)
Total assets less current liabilities
672,919
782,063
Non-current liabilities
6
(133,079)
(245,626)
Provisions for liabilities
7
(195,897)
(207,875)
Net assets
343,943
328,562
Equity
Called up share capital
8
50,000
50,000
Capital redemption reserve
44,900
44,900
Retained earnings
249,043
233,662
Total equity
343,943
328,562

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

T.E.L. ENGINEERING LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
30 NOVEMBER 2025
30 November 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 14 August 2026 and are signed on its behalf by:
Mr C Rogers
Mr A R Dawson
Director
Director
Company Registration No. 01341280
T.E.L. ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 3 -
1
Accounting policies
Company information

T.E.L. Engineering Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 2, Levens Road, Hazel Grove, Stockport, Cheshire, SK7 5DL.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Revenue is generally recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts the amount of revenue reflects the accrual of the right to consideration by reference to the value of work performed. Revenue not billed to clients is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors.

1.3
Property, plant and equipment

Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Tenants' Improvements
2% on cost
Plant and machinery
20% on reducing balance
Fixtures, fittings & equipment
20% on reducing balance
Computer equipment
33.3% on cost
Motor vehicles
25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of non-current assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss.

T.E.L. ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 4 -

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

1.5
Inventories

Inventories are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost 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.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

T.E.L. ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 5 -
1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or non-current assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12
Leases
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the statement of financial position as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.13
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
29
27
T.E.L. ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 6 -
3
Property, plant and equipment
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 December 2024
194,419
1,203,345
1,397,764
Additions
43,875
79,779
123,654
At 30 November 2025
238,294
1,283,124
1,521,418
Depreciation and impairment
At 1 December 2024
15,772
489,119
504,891
Depreciation charged in the year
4,046
169,059
173,105
At 30 November 2025
19,818
658,178
677,996
Carrying amount
At 30 November 2025
218,476
624,946
843,422
At 30 November 2024
178,647
714,226
892,873
4
Trade and other receivables
2025
2024
Amounts falling due within one year:
£
£
Trade receivables
1,216,977
671,283
Other receivables
761,180
480,667
1,978,157
1,151,950
5
Current liabilities
2025
2024
£
£
Bank loans
5,286
10,383
Trade payables
468,753
578,500
Amounts owed to group undertakings
227,818
280,384
Taxation and social security
137,287
34,167
Other payables
1,908,391
1,005,355
2,747,535
1,908,789
T.E.L. ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 7 -
6
Non-current liabilities
2025
2024
£
£
Bank loans and overdrafts
-
0
5,286
Other payables
133,079
240,340
133,079
245,626
7
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company:

Liabilities
Liabilities
2025
2024
Balances:
£
£
Accelerated capital allowances
195,897
207,875
2025
Movements in the year:
£
Liability at 1 December 2024
207,875
Credit to profit or loss
(11,978)
Liability at 30 November 2025
195,897

The deferred tax liability set out above is expected to reverse within 12 months and relates to accelerated capital allowances that are expected to mature within the same period.

T.E.L. ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 8 -
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of 20p each
237,500
237,500
47,500
47,500
A Ordinary of 20p each
12,500
12,500
2,500
2,500
250,000
250,000
50,000
50,000
9
Parent company

The parent company of T.E.L. Engineering Limited is T.E.L. Holdings Limited and its registered office is Unit 2, Levens Road, Hazel Grove, Stockport, Cheshire, SK7 5DL.

2025-11-30 2024-12-01 false false false 14 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr S J Rogers Mr C Rogers Mr A R Dawson 01341280 2024-12-01 2025-11-30 01341280 2025-11-30 01341280 2024-11-30 01341280 core:LandBuildings 2025-11-30 01341280 core:OtherPropertyPlantEquipment 2025-11-30 01341280 core:LandBuildings 2024-11-30 01341280 core:OtherPropertyPlantEquipment 2024-11-30 01341280 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 01341280 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 01341280 core:Non-currentFinancialInstruments core:AfterOneYear 2025-11-30 01341280 core:Non-currentFinancialInstruments core:AfterOneYear 2024-11-30 01341280 core:CurrentFinancialInstruments 2025-11-30 01341280 core:CurrentFinancialInstruments 2024-11-30 01341280 core:Non-currentFinancialInstruments 2025-11-30 01341280 core:Non-currentFinancialInstruments 2024-11-30 01341280 core:ShareCapital 2025-11-30 01341280 core:ShareCapital 2024-11-30 01341280 core:CapitalRedemptionReserve 2025-11-30 01341280 core:CapitalRedemptionReserve 2024-11-30 01341280 core:RetainedEarningsAccumulatedLosses 2025-11-30 01341280 core:RetainedEarningsAccumulatedLosses 2024-11-30 01341280 core:ShareCapitalOrdinaryShareClass4 2025-11-30 01341280 core:ShareCapitalOrdinaryShareClass4 2024-11-30 01341280 core:ShareCapitalOrdinaryShareClass5 2025-11-30 01341280 core:ShareCapitalOrdinaryShareClass5 2024-11-30 01341280 core:ShareCapitalOrdinaryShares 2025-11-30 01341280 core:ShareCapitalOrdinaryShares 2024-11-30 01341280 bus:Director2 2024-12-01 2025-11-30 01341280 bus:Director3 2024-12-01 2025-11-30 01341280 core:LandBuildings core:LongLeaseholdAssets 2024-12-01 2025-11-30 01341280 core:PlantMachinery 2024-12-01 2025-11-30 01341280 core:FurnitureFittings 2024-12-01 2025-11-30 01341280 core:ComputerEquipment 2024-12-01 2025-11-30 01341280 core:MotorVehicles 2024-12-01 2025-11-30 01341280 2023-12-01 2024-11-30 01341280 core:LandBuildings 2024-11-30 01341280 core:OtherPropertyPlantEquipment 2024-11-30 01341280 2024-11-30 01341280 core:LandBuildings 2024-12-01 2025-11-30 01341280 core:OtherPropertyPlantEquipment 2024-12-01 2025-11-30 01341280 bus:OrdinaryShareClass4 2024-12-01 2025-11-30 01341280 bus:OrdinaryShareClass5 2024-12-01 2025-11-30 01341280 bus:OrdinaryShareClass4 2025-11-30 01341280 bus:OrdinaryShareClass4 2024-11-30 01341280 bus:OrdinaryShareClass5 2025-11-30 01341280 bus:OrdinaryShareClass5 2024-11-30 01341280 bus:AllOrdinaryShares 2025-11-30 01341280 bus:AllOrdinaryShares 2024-11-30 01341280 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 01341280 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 01341280 bus:FRS102 2024-12-01 2025-11-30 01341280 bus:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 01341280 bus:Director1 2024-12-01 2025-11-30 01341280 bus:FullAccounts 2024-12-01 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP