TCS (UK) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 03668697

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		70,000		80,000
Tangible Assets	5		501,127		518,231

			571,127		598,231
CURRENT ASSETS
Stocks	6	401,921		351,168
Debtors	7	1,515,952		1,323,554
Cash at bank and in hand		51,238		171,021

		1,969,111		1,845,743
Creditors: Amounts Falling Due Within One Year	8	(1,658,153 )		(1,274,585 )

NET CURRENT ASSETS (LIABILITIES)			310,958		571,158

TOTAL ASSETS LESS CURRENT LIABILITIES			882,085		1,169,389

Creditors: Amounts Falling Due After More Than One Year	9		(530,508 )		(794,315 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(87,583 )		(90,832 )

NET ASSETS			263,994		284,242

CAPITAL AND RESERVES
Called up share capital	11		7		7
Profit and Loss Account			263,987		284,235

SHAREHOLDERS' FUNDS			263,994		284,242

Page 1

Page 2

TCS (UK) Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 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

Mr M A Clements

Director

3 August 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

TCS (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03668697 . The registered office is 8A, Telford Way, The Advanced Manufacturing Park, Catcliffe, Rotherham, S60 5GP.

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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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 ten years.

2.4. 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:

Freehold	25% on reducing balance
Leasehold	25% on reducing balance
Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

2.5. 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.

2.6. 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.

Page 3

Page 4

TCS (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.7. Taxation

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

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 27 (2024: 27)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2025	100,000

As at 31 December 2025	100,000

Amortisation
As at 1 January 2025	20,000
Provided during the period	10,000

As at 31 December 2025	30,000

Net Book Value
As at 31 December 2025	70,000

As at 1 January 2025	80,000

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 January 2025	38,794	121,434	662,915	86,254
Additions	158,541	9,149	-	14,990
Disposals	-	-	(150,283 )	-

As at 31 December 2025	197,335	130,583	512,632	101,244

...CONTINUED

Page 4

Page 5

TCS (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Depreciation
As at 1 January 2025	9,728	104,293	239,903	74,866
Provided during the period	49,555	6,572	55,342	6,594
Disposals	-	-	(70,244 )	-

As at 31 December 2025	59,283	110,865	225,001	81,460

Net Book Value
As at 31 December 2025	138,052	19,718	287,631	19,784

As at 1 January 2025	29,066	17,141	423,012	11,388


	Computer Equipment	Total
	£	£
Cost
As at 1 January 2025	90,494	999,891
Additions	10,299	192,979
Disposals	-	(150,283 )

As at 31 December 2025	100,793	1,042,587

Depreciation
As at 1 January 2025	52,870	481,660
Provided during the period	11,981	130,044
Disposals	-	(70,244 )

As at 31 December 2025	64,851	541,460

Net Book Value
As at 31 December 2025	35,942	501,127

As at 1 January 2025	37,624	518,231

6. Stocks

	2025	2024
	£	£
Stock	401,921	351,168

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,307,368	1,058,465
Amounts owed by group undertakings	150,000	150,000
Other debtors	58,584	115,089

	1,515,952	1,323,554

Page 5

Page 6

TCS (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	80,546	100,629
Trade creditors	448,265	297,848
Bank loans and overdrafts	114,400	161,256
Other creditors	806,520	619,359
Taxation and social security	208,422	95,493

	1,658,153	1,274,585

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	164,313	313,720
Bank loans	366,195	480,595

	530,508	794,315

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	80,546	100,629
Later than one year and not later than five years	164,313	313,720

	244,859	414,349

	244,859	414,349

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	7	7

Page 6