ACCOUNTS - Final Accounts preparation

Registered number: 12079336

TRELAN HOLDINGS LTD

ANNUAL REPORT AND FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

TRELAN HOLDINGS LTD

REGISTERED NUMBER:12079336

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		128,142		135,422
Investment property	5		1,325,000		1,403,000
			1,453,142		1,538,422
Current assets
Debtors: amounts falling due within one year	6	91,556		90
Cash at bank and in hand		10,927		26,320
		102,483		26,410
Creditors: amounts falling due within one year	7	(896,358)		(894,308)
Net current liabilities			(793,875)		(867,898)
Total assets less current liabilities			659,267		670,524
Provisions for liabilities
Deferred tax	8		(93,917)		(107,865)
Net assets			565,350		562,659

Capital and reserves
Called up share capital		1	1
Profit and loss account - non-distributable	9	285,744	344,243
Profit and loss account	9	279,605	218,415
		565,350	562,659

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

D Prelevic

Director

Date: 11 December 2025

The notes on form part of these financial statements.

TRELAN HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	GENERAL INFORMATION

Trelan Holdings Ltd 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

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

GOING CONCERN

During the period the company has generated a loss before tax of £11,248 and at the period end had net current liabilities of £793,875 and net assets of £565,350. The company is 100% subsidiary of Addtech AB.
The company's primary source of funding is an intercompany loan from the parent company. Whilst this debt technically remains repayable on demand, the Directors have received assurance that the parent company will not seek repayment for 12 months from the date of approval of the financial statements and Addtech AB has confirmed its ongoing support.
The Directors have prepared forecasts that anticipate future profits and with the support of its parent company, consider it appropriate to prepare accounts on the going concern basis

2.3

REVENUE

Revenue relates to rental income and is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TRELAN HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.4

CURRENT AND DEFERRED TAXATION

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.5

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method and on a reducing balance basis.
Both methods are used due the different types of plant and machinery that are held within the business, with the plant being more suited to straight line depreciation, with reducing balance being applied to machinery to reflect the quicker fall in value in the short-term.

Depreciation is provided on the following basis:

Plant and machinery

25%

reducing balance or 5% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

INVESTMENT PROPERTY

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

TRELAN HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.7

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.

2.8

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

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.

EMPLOYEES

The average monthly number of employees, including directors, during the year was 2 (2024: 2).

4.	TANGIBLE FIXED ASSETS

		Plant and machinery
		£
	COST
	At 1 April 2024	145,145
	At 31 March 2025	145,145
	DEPRECIATION
	At 1 April 2024	9,723
	Charge for the year on owned assets	7,280
	At 31 March 2025	17,003
	NET BOOK VALUE
	At 31 March 2025	128,142
	At 31 March 2024	135,422

TRELAN HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	INVESTMENT PROPERTY

		Freehold investment property
		£
	VALUATION
	At 1 April 2024	1,403,000
	Deficit on revaluation	(78,000)
	AT 31 MARCH 2025	1,325,000

The 2025 valuations were made by Vickery Holman, on an open market value for existing use basis.

Vickery Holman are external valuers not connected with the company. The date of the valuation was 13/05/2025. The directors consider any movements between the year end and the valuation date to be immaterial.

TRELAN HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

DEBTORS

					2025	2024
					£	£


Amounts owed by group undertakings	91,200	-
Prepayments and accrued income	356	90
	91,556	90

7.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£

Trade creditors	13,964	-
Amounts owed to group undertakings	855,321	855,321
Corporation tax	-	18,459
Other taxation and social security	15,423	7,028
Accruals and deferred income	11,650	13,500
	896,358	894,308

Included within amounts owed to group undertakings is a loan of £819,469 (2024: £819,469) from Addtech AB which is repayable on demand and is accruing interest at a rate of 6.53% (2024: 6.53%).

8.	DEFERRED TAXATION

		2025
		£

	At beginning of year	107,865
	Charged to profit or loss	(13,948)
	AT END OF YEAR	93,917

The provision for deferred taxation is made up as follows:
	2025	2024
	£	£

Accelerated capital allowances	64,828	59,275
Revaluation of investment property	29,089	48,590
	93,917	107,865

TRELAN HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

RESERVES

Profit and loss account - non-distributable

This reserve includes all accumulated gains and losses related to freehold and investment property revaluation gains less related deferred tax.

Profit and loss account

The profit and loss account account includes all accumulated profits.

10.

RELATED PARTY TRANSACTIONS

At the year end, amounts are owed to and owed from Feritech Global Ltd, which is a company owned and controlled by the parent company Addtech Nordic AB. Amounts owed to group undertakings contain £35,852 (2024: £35,852) relating to rental deposits. Amounts owed from group undertakings contain £91,200 (2024: £nil) relating to rental payments due from Feritech. During the year there was revenue generated from Feritech Global Ltd totalling £145,000 (2024: £218,208). Furthermore, during the year the company paid £551 (2024: £9,600) to Feritech Global Ltd for services and is recognised in administrative expenses.
As a wholly owned subsidiary undertaking of Addtech Nordic AB, the company has taken advantage of the exemption in FRS102 in not disclosing intra group transactions where 100% of the voting rights are controlled within the group.

11.	CONTROLLING PARTY

The Company is a wholly owned subsidiary of Addtech Nordic AB, a company registered in Sweden, registered office address Birger Jarlsgatan 43, Box 5112, SE-102 43 Stockholm, Sweden. The results of Trelan Holdings Ltd are included within the consolidated accounts of Addtech Nordic AB, the largest group member to prepare accounts.

12.	AUDITORS' INFORMATION

The auditors' report on the financial statements for the year ended 31 March 2025 was unqualified.

The audit report was signed on 15 December 2025 by Kevin Connor FCA (Senior statutory auditor) on behalf of Bishop Fleming Audit Limited.