Tranect Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

Registered number: 04142556

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		14,883		29,742
Tangible Assets	5		476,956		405,189

			491,839		434,931
CURRENT ASSETS
Stocks	6	345,000		345,000
Debtors	7	685,383		400,173
Cash at bank and in hand		168,560		294,166

		1,198,943		1,039,339
Creditors: Amounts Falling Due Within One Year	8	(505,628 )		(408,687 )

NET CURRENT ASSETS (LIABILITIES)			693,315		630,652

TOTAL ASSETS LESS CURRENT LIABILITIES			1,185,154		1,065,583

Creditors: Amounts Falling Due After More Than One Year	9		(105,747 )		(76,451 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(91,581 )		(106,984 )

NET ASSETS			987,826		882,148

CAPITAL AND RESERVES
Called up share capital	12		100		100
Profit and Loss Account			987,726		882,048

SHAREHOLDERS' FUNDS			987,826		882,148

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Tranect Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms V R Smart

Director

9 September 2026

The notes on pages 3 to 7 form part of these financial statements.

1. General Information

Tranect Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04142556 . The registered office is 76 Forth Street, Liverpool, L20 8JW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are patents and licenes. These are amortised to profit and loss account over its estimated economic life of 10 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Improvements	None
Plant & Machinery	15% Reducing balance
Motor Vehicles	25% Reducing balance
Fixtures & Fittings	15% Reducing balance

2.6. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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Tranect Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.7. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.8. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.9. Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

2.10. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 27 (2025: 24)

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 February 2025	23	148,586	148,609

As at 31 January 2026	23	148,586	148,609

Amortisation
As at 1 February 2025	23	118,844	118,867
Provided during the period	-	14,859	14,859

As at 31 January 2026	23	133,703	133,726

Net Book Value
As at 31 January 2026	-	14,883	14,883

As at 1 February 2025	-	29,742	29,742

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Tranect Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

5. Tangible Assets

	Land & Property
	Improvements	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 February 2025	18,861	899,664	14,693	120,858	1,054,076
Additions	-	127,783	47,964	11,943	187,690
Disposals	-	-	(33,000 )	-	(33,000 )

As at 31 January 2026	18,861	1,027,447	29,657	132,801	1,208,766

Depreciation
As at 1 February 2025	-	556,687	11,952	80,248	648,887
Provided during the period	-	70,614	4,427	7,882	82,923

As at 31 January 2026	-	627,301	16,379	88,130	731,810

Net Book Value
As at 31 January 2026	18,861	400,146	13,278	44,671	476,956

As at 1 February 2025	18,861	342,977	2,741	40,610	405,189

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2026	2025
	£	£
Plant & Machinery	179,887	93,794

6. Stocks

	2026	2025
	£	£
Stock	270,000	270,000
Work in progress	75,000	75,000

	345,000	345,000

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Tranect Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	674,488	384,549
Other debtors	10,895	15,624

	685,383	400,173

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	73,099	65,685
Trade creditors	293,371	222,934
Bank loans and overdrafts	9,266	27,800
Other creditors	7,741	16,443
Taxation and social security	122,151	75,825

	505,628	408,687

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	105,747	67,185
Bank loans	-	9,266

	105,747	76,451

10. Secured Creditors

The company has granted National Westminster Bank plc a fixed and floating charge over its assets and undertaking as security for banking facilities. The charge was registered on 11 March 2019 and remained outstanding at the balance sheet date.

Of the creditors the following amounts are secured.

	2026		2025
	£		£
Bank loans and overdrafts	-		37,067

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Tranect Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

11. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	73,099	65,685
Later than one year and not later than five years	105,747	67,185

	178,846	132,870

	178,846	132,870

12. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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