REGISTERED NUMBER: 03678464 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

T.X. INSTALLATIONS LIMITED

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Tangible assets

4

347,558

412,951

Current assets

Debtors

5

397,260

228,467

Cash at bank

412,313

716,191

809,573

944,658

Creditors

Amounts falling due within one year

6

100,901

112,222

Net current assets

708,672

832,436

Total assets less current liabilities

1,056,230

1,245,387

Provisions for liabilities

7

22,685

39,033

Net assets

1,033,545

1,206,354

Capital and reserves

Called up share capital

8

100

100

Fair value reserve

9

32,387

-

Retained earnings

1,001,058

1,206,254

Shareholders' funds

1,033,545

1,206,354

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2026 and were signed on its behalf by:

Mr K J Harrison - Director

1.	Statutory information

T.X. Installations Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 03678464. The registered office address is Faulkner House, 31 West Street, Wimborne, Dorset, BH21 1JS and the business address is Unit 4 Glenmore Business Park, Blackhill Road, Poole, Dorset, BH16 6NL.

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents amounts receivable, excluding value added tax, in respect of goods and services provided in the ordinary course of business in relation to the installation and maintenance of satellite communication systems.

Turnover in respect of services is recognised when the service has been provided to the customer.

Turnover in respect of the sale of goods is recognised when the right to consideration in respect of the sale has been earned and the company has transferred to the buyer the significant risks and rewards of ownership of the goods.

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

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Tangible fixed assets, other than freehold property, are stated at cost or valuation less depreciation.

Freehold property is stated at fair value so long as a value can be measured reliably. This will be reviewed annually.

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 balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 7 (2024 - 10 ) .

4.	Tangible fixed assets

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

Cost or valuation

At 1 January 2025

256,817

57,575

32,459

Additions

-

2,817

1,180

Disposals

-

(47,422

)

(4,780

)

Revaluations

43,183

-

-

At 31 December 2025

300,000

12,970

28,859

Depreciation

At 1 January 2025

-

50,512

29,692

Charge for year

-

911

336

Eliminated on disposal

-

(41,184

)

(2,114

)

At 31 December 2025

-

10,239

27,914

Net book value

At 31 December 2025

300,000

2,731

945

At 31 December 2024

256,817

7,063

2,767

Motor

Computer

vehicles

equipment

Totals

£

£

£

Cost or valuation

At 1 January 2025

168,494

80,460

595,805

Additions

24,999

1,475

30,471

Disposals

(138,001

)

(71,260

)

(261,463

)

Revaluations

-

-

43,183

At 31 December 2025

55,492

10,675

407,996

Depreciation

At 1 January 2025

40,823

61,827

182,854

Charge for year

12,921

3,355

17,523

Eliminated on disposal

(37,012

)

(59,629

)

(139,939

)

At 31 December 2025

16,732

5,553

60,438

Net book value

At 31 December 2025

38,760

5,122

347,558

At 31 December 2024

127,671

18,633

412,951

Cost or valuation at 31 December 2025 is represented by:

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

Valuation in 2025

43,183

-

-

Cost

256,817

12,970

28,859

300,000

12,970

28,859

Motor

Computer

vehicles

equipment

Totals

£

£

£

Valuation in 2025

-

-

43,183

Cost

55,492

10,675

364,813

55,492

10,675

407,996

Freehold property was valued on open market basis on 31 December 2025 by the directors .

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

147,739

97,896

Amounts owed by associates

100,000

100,000

Directors' current accounts

99,083

27,060

Prepayments

50,438

3,511

397,260

228,467

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

19,034

14,934

Tax

29,361

80,165

Social security and other taxes

7,090

-

VAT

15,519

4,990

Other creditors

6,547

10,313

Accruals and deferred income

23,350

1,820

100,901

112,222

7.	Provisions for liabilities

2025

2024

£

£

Deferred tax

22,685

39,033

Deferred

tax

£

Balance at 1 January 2025

39,033

Utilised during year

(27,144

)

Freehold property revaluation

10,796

Balance at 31 December 2025

22,685

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

9.

Reserves

Fair

value

reserve

£

Freehold property fair value increase

43,183

Deferred tax on fair value increase

(10,796

)

At 31 December 2025

32,387

10.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

Mr K J Harrison and Mrs L Harrison

Balance outstanding at start of year

27,060

-

Amounts advanced

99,083

27,060

Amounts repaid

(27,060

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

99,083

27,060

At the balance sheet date, the directors, Mr K Harrison and Mrs L Harrison, owed the company £99,083 disclosed within debtors. The loan was fully repaid within 9 months of the year end.

11.	Ultimate controlling party

The company is controlled by the directors, Mr K Harrison and Mrs L Harrison, by virtue of their combined 100% ownership of the issued share capital.