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REGISTERED NUMBER: 09763871 (England and Wales)

OLYTEC LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

OLYTEC LIMITED (REGISTERED NUMBER: 09763871)

CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 31 March 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

OLYTEC LIMITED

COMPANY INFORMATION

for the year ended 31 March 2025

| DIRECTORS: | G S Jamieson

| P J Smith

| A B Swallow

| REGISTERED OFFICE: | Melbourne Works

| 8 Firth Street

| Huddersfield

| West Yorkshire

| HD1 3BA

| REGISTERED NUMBER: | 09763871 (England and Wales)

| ACCOUNTANTS: | SMH Sheards

| Vernon House

| 40 New North Road

| Huddersfield

| West Yorkshire

| HD1 5LS

OLYTEC LIMITED (REGISTERED NUMBER: 09763871)

BALANCE SHEET

31 March 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Investments | 4 | 301,750 |  | 301,750 |  |

CREDITORS

Amounts falling due within one year | 5 | (301,630 | ) | (301,630 | ) |

NET CURRENT LIABILITIES | (301,630 | ) | (301,630 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 120 |  | 120 |  |

CAPITAL AND RESERVES

Called up share capital | 120 |  | 120 |  |

SHAREHOLDERS' FUNDS | 120 |  | 120 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 14 October 2025 and were signed on its behalf by:

A B Swallow - Director

OLYTEC LIMITED (REGISTERED NUMBER: 09763871)

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 March 2025

1. | STATUTORY INFORMATION

| Olytec 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Financial instruments

| Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

| Basic financial assets, which include amounts owed by group undertakings, are initially measured at transaction price including transaction costs.

| Financial assets are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed in profit or loss.

| Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

| Basic financial liabilities, including trade and other creditors, are initially recognised at transaction price.

| Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

4. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 301,750 |  |

| NET BOOK VALUE

| At 31 March 2025 | 301,750 |  |

| At 31 March 2024 | 301,750 |  |

OLYTEC LIMITED (REGISTERED NUMBER: 09763871)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 March 2025

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Amounts owed to group undertakings | 301,630 |  | 256,630 |  |

| Other creditors | - |  | 45,000 |  |

301,630 |  | 301,630 |  |

6. | RELATED PARTY DISCLOSURES

| Creditors includes loans due to directors totalling £0 (2024: £45,000). The loans are on an interest free basis.

| The loan owed to the subsidiary Olympus Technologies Limited, is on an interest free basis and will be repaid when funds permit.