REGISTERED NUMBER: 10123837 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

TPS EXPORT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Millais

S G Greening

REGISTERED OFFICE:

Unit 2

Mayes Lane Business Park

Warnham

Horsham

West Sussex

RH12 3ZF

REGISTERED NUMBER:

10123837 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Horsham) Limited

Ridgeland House

15 Carfax

Horsham

West Sussex

RH12 1ER

FIXED ASSETS

Tangible assets

4

700

474

CURRENT ASSETS

Stocks

40,721

42,589

Debtors

5

87,578

57,754

Cash at bank

187,085

47,590

315,384

147,933

CREDITORS

Amounts falling due within one year

6

(306,627

)

(143,722

)

NET CURRENT ASSETS

8,757

4,211

TOTAL ASSETS LESS CURRENT LIABILITIES

9,457

4,685

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9,357

4,585

9,457

4,685

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 July 2026 and were signed on its behalf by:

J Millais - Director

S G Greening - Director

1.	STATUTORY INFORMATION

TPS Export Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

3,500

267

2,469

6,236

Additions

429

-

-

429

At 31 December 2025

3,929

267

2,469

6,665

DEPRECIATION

At 1 January 2025

3,500

267

1,995

5,762

Charge for year

45

-

158

203

At 31 December 2025

3,545

267

2,153

5,965

NET BOOK VALUE

At 31 December 2025

384

-

316

700

At 31 December 2024

-

-

474

474

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

80,327

53,054

Other debtors

7,251

4,700

87,578

57,754

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Payments on account

98,655

19,415

Trade creditors

120,135

41,772

Tax

86,272

72,281

Social security and other taxes

2

6,823

Other creditors

-

2,093

Directors' current accounts

63

63

Accrued expenses

1,500

1,275

306,627

143,722

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

23,500

23,500

Between one and five years

88,125

111,625

111,625

135,125