REGISTERED NUMBER: 05483953 (England and Wales)

Addi-Tec Limited

Financial Statements

for the Year Ended 31 December 2024

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Directors:

J B Minister

T D Jones

Registered office:

Peter Minister House

26-30 Station Road

Urmston

Manchester

M41 9JQ

Registered number:

05483953 (England and Wales)

Auditors:

Dains Audit Limited

Statutory Auditor

Chartered Accountants

Birmingham

B3 3AX

Fixed assets

Tangible assets

4

-

1,076

Current assets

Stocks

-

470,694

Debtors

5

1,458,429

839,209

Cash at bank

-

327,908

1,458,429

1,637,811

Creditors

Amounts falling due within one year

6

-

304,743

Net current assets

1,458,429

1,333,068

Total assets less current liabilities

1,458,429

1,334,144

Capital and reserves

Called up share capital

100

100

Retained earnings

1,458,329

1,334,044

Shareholders' funds

1,458,429

1,334,144

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 10 June 2025 and were signed on its behalf by:

J B Minister - Director

1.	Statutory information

Addi-Tec 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.

Following the decision by the directors to transfer the property, rights and assets of the company to Harke UK Limited Partnership on 1 January 2024 the going concern basis of accounting is not appropriate in the preparation of these financial statements. No adjustment is considered necessary to the amounts in these financial statements in respect of the non-going concern basis.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the business. Turnover is shown net of value added tax, of goods sold to external customers.

Turnover is recognised at the point of sale at which the goods are despatched.

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 etc

-

25% on reducing balance

Stocks

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

Pension costs and other post-retirement benefits

The company does not operate a company pension scheme but makes contributions to personal pension schemes of employees and a director. Contributions payable for the year are charged in the profit and loss account.

3.	Employees and directors

The average number of employees during the year was 2 (2023 - 5 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 January 2024

7,973

Disposals

(7,973

)

At 31 December 2024

-

Depreciation

At 1 January 2024

6,897

Eliminated on disposal

(6,897

)

At 31 December 2024

-

Net book value

At 31 December 2024

-

At 31 December 2023

1,076

5.

Debtors: amounts falling due within one year

31.12.24

31.12.23

£

£

Trade debtors

-

363,408

Amounts owed by group undertakings

1,458,429

461,245

Other debtors

-

14,556

1,458,429

839,209

6.

Creditors: amounts falling due within one year

31.12.24

31.12.23

£

£

Trade creditors

-

210,837

Amounts owed to group undertakings

-

39,371

Taxation and social security

-

37,215

Other creditors

-

17,320

-

304,743

7.	Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the auditors was unqualified.

Karina Parsons FCA (Senior Statutory Auditor)

for and on behalf of Dains Audit Limited

8.	Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard

102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group headed by SYNTA Group Anstalt & Co. KG.

9.	Ultimate controlling party

The immediate parent undertaking is Harke UK Limited Partnership, a qualifying partnership registered in England and Wales.

The ultimate parent undertaking is SYNTA Group Anstalt & Co. KG, a company incorporated in

Germany and the parent company of the smallest and largest group that include the company’s results for which consolidated financial statements are prepared. Copies of the financial statements for SYNTA Group Anstalt & Co. KG can be obtained from its registered office: 1 Xantener Str, Mulheim An Der Ruhr, Germany, 45479.

The ultimate controlling party is T Harke