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REGISTERED NUMBER: 05718421














Financial Statements

FOR THE PERIOD

1 January 2024 to 30 April 2025

for

VANTASTEC LIMITED

VANTASTEC LIMITED (REGISTERED NUMBER: 05718421)






Contents of the Financial Statements
FOR THE PERIOD 1 JANUARY 2024 TO 30 APRIL 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VANTASTEC LIMITED

Company Information
FOR THE PERIOD 1 JANUARY 2024 TO 30 APRIL 2025







DIRECTORS: C K C Smith
G L Edwards



SECRETARY: C K C Smith



REGISTERED OFFICE: Vantastec House
Unit 6C
Caerphilly Road
Ystrad Mynach
Mid Glamorgan
CF82 7EP



REGISTERED NUMBER: 05718421



SENIOR STATUTORY
AUDITOR:
Stephen Cox



AUDITORS: Hayvenhursts Limited
Chartered Accountants &
Statutory Auditor
Fairway House
Links Business Park
St Mellons, Cardiff
CF3 OLT

VANTASTEC LIMITED (REGISTERED NUMBER: 05718421)

Balance Sheet
30 APRIL 2025

2025 2023
Notes £    £   
FIXED ASSETS
Intangible assets 5 1,023,774 925,897
Tangible assets 6 2,154,729 1,993,579
3,178,503 2,919,476

CURRENT ASSETS
Stocks 7 1,224,113 1,422,070
Debtors 8 2,117,135 1,805,187
Cash at bank and in hand 294,146 839,740
3,635,394 4,066,997
CREDITORS
Amounts falling due within one year 9 (1,890,871 ) (1,924,311 )
NET CURRENT ASSETS 1,744,523 2,142,686
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,923,026

5,062,162

CREDITORS
Amounts falling due after more than
one year

10

(2,502,251

)

(2,877,474

)

PROVISIONS FOR LIABILITIES (47,207 ) (6,920 )
NET ASSETS 2,373,568 2,177,768

CAPITAL AND RESERVES
Called up share capital 12 1,000 1,000
Retained earnings 13 2,372,568 2,176,768
SHAREHOLDERS' FUNDS 2,373,568 2,177,768

VANTASTEC LIMITED (REGISTERED NUMBER: 05718421)

Balance Sheet - continued
30 APRIL 2025


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 23 July 2025 and were signed on its behalf by:





G L Edwards - Director


VANTASTEC LIMITED (REGISTERED NUMBER: 05718421)

Notes to the Financial Statements
FOR THE PERIOD 1 JANUARY 2024 TO 30 APRIL 2025

1. STATUTORY INFORMATION

Vantastec Limited is a private company, limited by shares , registered in Not specified/Other. 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of 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 cost
Office equipment - 20% on cost

No depreciation is provided in respect of Freehold property. This is not in accordance with FRS 15 'Tangible Fixed Assets'. The Freehold properties held by the company are not being depreciated as their residual values equate to the cost at which they are disclosed in the financial statements.

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.


VANTASTEC LIMITED (REGISTERED NUMBER: 05718421)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 JANUARY 2024 TO 30 APRIL 2025

3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 36 (2023 - 39 ) .

VANTASTEC LIMITED (REGISTERED NUMBER: 05718421)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 JANUARY 2024 TO 30 APRIL 2025

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024 925,897
Additions 97,877
At 30 April 2025 1,023,774
NET BOOK VALUE
At 30 April 2025 1,023,774
At 31 December 2023 925,897

6. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2024 1,965,901 74,542 84,378
Additions - - -
At 30 April 2025 1,965,901 74,542 84,378
DEPRECIATION
At 1 January 2024 - 56,561 78,495
Charge for period - 10,334 5,883
At 30 April 2025 - 66,895 84,378
NET BOOK VALUE
At 30 April 2025 1,965,901 7,647 -
At 31 December 2023 1,965,901 17,981 5,883

VANTASTEC LIMITED (REGISTERED NUMBER: 05718421)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 JANUARY 2024 TO 30 APRIL 2025

6. TANGIBLE FIXED ASSETS - continued

Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 99,327 92,483 2,316,631
Additions 226,630 - 226,630
At 30 April 2025 325,957 92,483 2,543,261
DEPRECIATION
At 1 January 2024 95,513 92,483 323,052
Charge for period 49,263 - 65,480
At 30 April 2025 144,776 92,483 388,532
NET BOOK VALUE
At 30 April 2025 181,181 - 2,154,729
At 31 December 2023 3,814 - 1,993,579

During the year the Company acquired the freehold premises it operates from and also the properties adjacent to it which are tenanted,

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 115,823
At 30 April 2025 115,823
DEPRECIATION
Charge for period 28,955
At 30 April 2025 28,955
NET BOOK VALUE
At 30 April 2025 86,868

7. STOCKS
2025 2023
£    £   
Work-in-progress 1,224,113 1,422,070

VANTASTEC LIMITED (REGISTERED NUMBER: 05718421)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 JANUARY 2024 TO 30 APRIL 2025

8. DEBTORS
2025 2023
£    £   
Amounts falling due within one year:
Trade debtors 223,049 171,666
Other debtors 700 2,097
Prepayments 12,886 24,924
236,635 198,687

Amounts falling due after more than one year:
Due from the EOT 1,880,500 1,606,500

Aggregate amounts 2,117,135 1,805,187

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Bank loans and overdrafts 302,114 295,297
Hire purchase contracts 25,738 -
Trade creditors 1,261,506 1,323,884
Tax 98,371 149,091
Social security and other taxes 119,779 134,292
Other creditors 5,269 5,312
Directors' current accounts 904 -
Accruals and deferred income 77,190 16,435
1,890,871 1,924,311

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2025 2023
£    £   
Bank loans - 1-2 years 207,224 308,629
Bank loans - 2-5 years 619,941 621,674
Bank loans more 5 yr by instal 1,645,057 1,947,171
Hire purchase contracts 30,029 -
2,502,251 2,877,474

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,645,057 1,947,171

VANTASTEC LIMITED (REGISTERED NUMBER: 05718421)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 JANUARY 2024 TO 30 APRIL 2025

11. SECURED DEBTS

The following secured debts are included within creditors:

2025 2023
£    £   
Bank loans 2,774,336 3,172,771

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

13. RESERVES
Retained
earnings
£   

At 1 January 2024 2,176,768
Profit for the period 413,487
Dividends (217,687 )
At 30 April 2025 2,372,568

14. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Stephen Cox (Senior Statutory Auditor)
for and on behalf of Hayvenhursts Limited

15. RELATED PARTY DISCLOSURES

During the year the directors sold 51% of their shareholdings to the Vantastec Employee Ownership Trust Limited

16. ULTIMATE CONTROLLING PARTY

The ultimate controlling party, is the Vantastec Employee Ownership Trust Limited which owns 51% of the shares issued.