REGISTERED NUMBER: 13281908 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

LIFTRITE SERVER HANDLING LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

2

CURRENT ASSETS

Debtors

4

1,533

75,714

Cash at bank

5

132,640

24,098

134,173

99,812

CREDITORS

6

121,741

89,866

NET CURRENT ASSETS

12,432

9,946

TOTAL ASSETS LESS CURRENT LIABILITIES

12,432

9,946

CAPITAL AND RESERVES

Called up share capital

7

2

2

Capital contribution

8

8,716

8,716

Retained earnings

8

3,714

1,228

SHAREHOLDERS' FUNDS

12,432

9,946

12,432

9,946

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 November 2025 and were signed on its behalf by:

Verner Christoffer Wallin - Director

1.	STATUTORY INFORMATION

Liftrite Server Handling Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

13281908

Registered office:

260-270 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

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

The current financial statements have been prepared for the year ended 30 September 2025. The prior period covers a longer period from 1 April 2023 to 30 September 2024. Accordingly, the comparative figures presented relate to a period of 18 months and are therefore not entirely comparable with those of the current financial year.

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.

Going Concern

These financial statements have been prepared on a going concern basis. The directors, having considered the financial position of the company for a period of at least twelve months from the date of signing these financial statements, have no reason to believe that a material uncertainty exists that may cast doubt about the ability of the company to continue as a going concern. Accordingly the directors have a reasonable expectation that the company will continue in operational existence and thus they adopt the going concern basis of accounting in preparing the financial statements.

Related party exemption

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from the provision of services is recognised in the accounting period in which the services are rendered, the outcome of the contract can be measured reliably and economic benefits will flow to the company.

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Income Statement.

Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities at the balance sheet date and the amounts reported for reserves and expenses during the year. However, the nature of the estimation means that the actual outcomes could differ from the estimates. The directors do not believe that there are any such significant judgements within these financial statements.

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts.

Provisions

Provisions are recognised when the company has a present legal or constructive obligation as a result of past events, it is probable that an outflow of resources will be required to settle the obligation, and the amount of the obligation can be estimated reliably.

Ordinary share capital

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS

2025

2024

£

£

Trade debtors

-

75,712

Other debtors

2

2

Tax

1,193

-

VAT

338

-

1,533

75,714

5.	CASH AT BANK

2025

2024

£

£

Cash and cash equivalents

132,640

24,098

6.

CREDITORS

2025

2024

£

£

Trade creditors

3,849

-

Amounts owed to group undertakings

110,022

68,218

Corporation tax

-

2,235

VAT

-

12,673

Accrued expenses

7,870

6,740

121,741

89,866

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary shares

1

2

2

8.

RESERVES

Retained

Capital

earnings

contribution

Totals

£

£

£

At 1 October 2024

1,228

8,716

9,944

Profit for the year

2,486

2,486

At 30 September 2025

3,714

8,716

12,430

Profit and loss account

This reserve represents cumulative profits and losses for the financial year and prior years.

Capital contribution

Liftrite Server Handling Limited received a capital contribution from the parent company.

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

10.	RELATED PARTY DISCLOSURES

Liftrite Server Handling Limited owed the parent company £110,022 as at 30 September 2025 (2024: £68,218).

11.	POST BALANCE SHEET EVENTS

There have been no significant events affecting the company since the year end.

12.	ULTIMATE PARENT AND CONTROLLING PARTY

The Company's immediate parent company is Liftrite Limited, a company incorporated in Ireland. Its registered address is Unit F1 Maynooth Business Campus, Naas, County Kildare, Ireland.

Amplex AB incorporated in Sweden, is regarded as the ultimate controlling party.

13.	APPROVAL OF FINANCIAL STATEMENTS

The board of directors approved these financial statements for issue on 13 November 2025.