Teepee Materials Handling Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02073740 (England and Wales)

TEEPEE MATERIALS HANDLING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTORS:

Mr SB Toop

Mr W.J. Morran

Mrs J B Barnett-Toop

SECRETARY:

Mrs J B Barnett-Toop

REGISTERED OFFICE:

Unit 8, Railwharf Sidings

Northfield Road

Netherton

Dudley

West Midlands

DY2 9DY

REGISTERED NUMBER:

02073740 (England and Wales)

ACCOUNTANTS:

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

BANKERS:

National Westminster Bank Plc

53 Market Street

Kingswinford

West Midlands

DY6 9LD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Teepee Materials Handling Limited for the year ended 31 March 2026 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Teepee Materials Handling Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Teepee Materials Handling Limited and state those matters that we have agreed to state to the Board of Directors of Teepee Materials Handling Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Teepee Materials Handling Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Teepee Materials Handling Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Teepee Materials Handling Limited. You consider that Teepee Materials Handling Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Teepee Materials Handling Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

28 September 2026

FIXED ASSETS

Tangible assets

4

140,129

118,052

CURRENT ASSETS

Stocks

6,500

Debtors

5

407,562

344,280

Cash at bank and in hand

485,482

629,042

899,544

979,822

CREDITORS

Amounts falling due within one year

6

649,699

667,806

NET CURRENT ASSETS

249,845

312,016

TOTAL ASSETS LESS CURRENT
LIABILITIES

389,974

430,068

CREDITORS

Amounts falling due after more than one
year

7

(49,489

)

(63,662

)

PROVISIONS FOR LIABILITIES

(9,349

)

-

NET ASSETS

331,136

366,406

CAPITAL AND RESERVES

Called up share capital

100

Capital redemption reserve

1

Retained earnings

331,035

366,305

SHAREHOLDERS' FUNDS

331,136

366,406

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2026 and were signed on its behalf by:

Mr SB Toop - Director

1.	STATUTORY INFORMATION

Teepee Materials Handling Limited 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.

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 represents net sales of goods/services, excluding value added tax

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 11 (2025 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

COST

At 1 April 2025

258,153

186,717

444,870

Additions

34,113

74,286

108,399

Disposals

-

(85,990

)

(85,990

)

At 31 March 2026

292,266

175,013

467,279

DEPRECIATION

At 1 April 2025

242,882

83,936

326,818

Charge for year

14,847

35,199

50,046

Eliminated on disposal

-

(49,714

)

(49,714

)

At 31 March 2026

257,729

69,421

327,150

NET BOOK VALUE

At 31 March 2026

34,537

105,592

140,129

At 31 March 2025

15,271

102,781

118,052

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

73,177

DEPRECIATION

At 1 April 2025

18,294

Charge for year

13,721

At 31 March 2026

32,015

NET BOOK VALUE

At 31 March 2026

41,162

At 31 March 2025

54,883

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

382,212

290,791

Other debtors

25,350

53,489

407,562

344,280

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

4,410

10,404

Hire purchase contracts

9,764

Trade creditors

298,018

391,623

Amounts owed to group undertakings

-

40,000

Taxation and social security

91,475

117,303

Other creditors

246,032

98,712

649,699

667,806

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans

-

4,410

Hire purchase contracts

49,489

59,252

49,489

63,662

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Hire purchase contracts

59,253

69,016

Hire purchase liabilities are secured on the assets acquired thereunder.