REGISTERED NUMBER: 05843035 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

AMSTECH GROUP (UK) LIMITED

Page

Company Information

1

Report of the Directors

2

Consolidated Statement of Comprehensive Income

3

Consolidated Balance Sheet

4

Company Balance Sheet

6

Consolidated Statement of Changes in Equity

8

Company Statement of Changes in Equity

9

Notes to the Consolidated Financial Statements

10

DIRECTORS:

Mr M A O'Neill

Mrs A O'Neill

SECRETARY:

Mr M A O'Neill

REGISTERED OFFICE:

30/34 North Street

Hailsham

East Sussex

BN27 1DW

REGISTERED NUMBER:

05843035 (England and Wales)

ACCOUNTANTS:

Watson Associates (Professional Services) Limited

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

The directors present their report with the financial statements of the company and the group for the year ended 30 June 2025.

PRINCIPAL ACTIVITY

The principal activity of the group in the year under review was that of asbestos advice and removal.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 July 2024 to the date of this report.

Mr M A O'Neill

Mrs A O'Neill

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr M A O'Neill - Director

19 December 2025

TURNOVER

2,868,604

2,790,748

Cost of sales

(1,660,631

)

(1,665,553

)

GROSS PROFIT

1,207,973

1,125,195

Administrative expenses

(1,097,733

)

(909,953

)

OPERATING PROFIT

4

110,240

215,242

Interest receivable and similar income

1,532

-

111,772

215,242

Interest payable and similar expenses

(13,209

)

(14,230

)

PROFIT BEFORE TAXATION

98,563

201,012

Tax on profit

5

(31,175

)

(66,334

)

PROFIT FOR THE FINANCIAL YEAR

67,388

134,678

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

67,388

134,678

Profit attributable to:

Owners of the parent

67,388

134,678

Total comprehensive income attributable to:

Owners of the parent

67,388

134,678

FIXED ASSETS

Intangible assets

8

6,400

3,000

Tangible assets

9

421,175

444,976

Investments

10

-

-

427,575

447,976

CURRENT ASSETS

Stocks

38,662

-

Debtors

11

294,460

328,071

Cash at bank and in hand

515,025

566,269

848,147

894,340

CREDITORS

Amounts falling due within one year

12

(489,994

)

(529,364

)

NET CURRENT ASSETS

358,153

364,976

TOTAL ASSETS LESS CURRENT LIABILITIES

785,728

812,952

CREDITORS

Amounts falling due after more than one year

13

(100,573

)

(128,628

)

NET ASSETS

685,155

684,324

CAPITAL AND RESERVES

Called up share capital

14

1,000

1,000

Retained earnings

684,155

683,324

SHAREHOLDERS' FUNDS

685,155

684,324

The company and the group are entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company and the group to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the group 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 and the group as at the end of each financial year and of the group's 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 and the group.

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

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2025 and were signed on its behalf by:

Mr M A O'Neill - Director

FIXED ASSETS

Intangible assets

8

6,400

3,000

Tangible assets

9

421,175

444,976

Investments

10

300

300

427,875

448,276

CURRENT ASSETS

Debtors

11

96,280

100,427

Cash at bank and in hand

305,426

366,528

401,706

466,955

CREDITORS

Amounts falling due within one year

12

(783,548

)

(821,675

)

NET CURRENT LIABILITIES

(381,842

)

(354,720

)

TOTAL ASSETS LESS CURRENT LIABILITIES

46,033

93,556

CREDITORS

Amounts falling due after more than one year

13

(100,573

)

(128,628

)

NET LIABILITIES

(54,540

)

(35,072

)

CAPITAL AND RESERVES

Called up share capital

14

1,000

1,000

Retained earnings

(55,540

)

(36,072

)

SHAREHOLDERS' FUNDS

(54,540

)

(35,072

)

Company's profit for the financial year

47,089

126,422

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2025 and were signed on its behalf by:

Mr M A O'Neill - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 July 2023

1,000

714,246

715,246

Changes in equity

Dividends

-

(165,600

)

(165,600

)

Total comprehensive income

-

134,678

134,678

Balance at 30 June 2024

1,000

683,324

684,324

Changes in equity

Dividends

-

(66,557

)

(66,557

)

Total comprehensive income

-

67,388

67,388

Balance at 30 June 2025

1,000

684,155

685,155

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 July 2023

1,000

3,106

4,106

Changes in equity

Dividends

-

(165,600

)

(165,600

)

Total comprehensive income

-

126,422

126,422

Balance at 30 June 2024

1,000

(36,072

)

(35,072

)

Changes in equity

Dividends

-

(66,557

)

(66,557

)

Total comprehensive income

-

47,089

47,089

Balance at 30 June 2025

1,000

(55,540

)

(54,540

)

1.	STATUTORY INFORMATION

Amstech Group (UK) 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 General 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.

Critical accounting judgements and key sources of estimation uncertainty

No significant judgements have had to be made by management in preparing these financial statements.

There were no key assumptions made concerning the future, and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance and 25% on cost

Stocks

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

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.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

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 profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated 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 year 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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The group operates a defined contribution pension scheme. Contributions payable to the group's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - NIL ) .

The average number of employees by undertakings that were proportionately consolidated during the year was 37 (2024 - NIL ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

£

Depreciation - owned assets

8,981

21,103

5.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

2025

2024

£

£

Current tax:

UK corporation tax

31,172

66,334

Previous years taxation

3

-

Tax on profit

31,175

66,334

6.	INDIVIDUAL STATEMENT OF COMPREHENSIVE INCOME

As permitted by Section 408 of the Companies Act 2006, the Statement of Comprehensive Income of the parent company is not presented as part of these financial statements.

7.

DIVIDENDS

2025

2024

£

£

Ordinary shares of £1 each

Interim

66,557

165,600

8.	INTANGIBLE FIXED ASSETS

Group

Other

intangible

assets

£

COST

At 1 July 2024

3,000

Additions

3,400

At 30 June 2025

6,400

NET BOOK VALUE

At 30 June 2025

6,400

At 30 June 2024

3,000

Company

Other

intangible

assets

£

COST

At 1 July 2024

3,000

Additions

3,400

At 30 June 2025

6,400

NET BOOK VALUE

At 30 June 2025

6,400

At 30 June 2024

3,000

9.	TANGIBLE FIXED ASSETS

Group

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 July 2024

191,139

65,654

732,327

91,893

1,081,013

Additions

-

-

103,583

1,480

105,063

Disposals

-

-

(233,175

)

-

(233,175

)

At 30 June 2025

191,139

65,654

602,735

93,373

952,901

DEPRECIATION

At 1 July 2024

174,669

61,418

317,743

82,207

636,037

Charge for year

2,212

1,049

68,721

792

72,774

Eliminated on disposal

-

-

(177,085

)

-

(177,085

)

At 30 June 2025

176,881

62,467

209,379

82,999

531,726

NET BOOK VALUE

At 30 June 2025

14,258

3,187

393,356

10,374

421,175

At 30 June 2024

16,470

4,236

414,584

9,686

444,976

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 July 2024

542,843

Additions

103,582

Transfer to ownership

(236,841

)

At 30 June 2025

409,584

DEPRECIATION

At 1 July 2024

205,251

Charge for year

63,793

Transfer to ownership

(99,013

)

At 30 June 2025

170,031

NET BOOK VALUE

At 30 June 2025

239,553

At 30 June 2024

337,592

Company

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 July 2024

191,139

65,654

732,327

91,893

1,081,013

Additions

-

-

103,583

1,480

105,063

Disposals

-

-

(233,175

)

-

(233,175

)

At 30 June 2025

191,139

65,654

602,735

93,373

952,901

DEPRECIATION

At 1 July 2024

174,669

61,418

317,743

82,207

636,037

Charge for year

2,212

1,049

68,721

792

72,774

Eliminated on disposal

-

-

(177,085

)

-

(177,085

)

At 30 June 2025

176,881

62,467

209,379

82,999

531,726

NET BOOK VALUE

At 30 June 2025

14,258

3,187

393,356

10,374

421,175

At 30 June 2024

16,470

4,236

414,584

9,686

444,976

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 July 2024

542,843

Additions

103,582

Transfer to ownership

(236,841

)

At 30 June 2025

409,584

DEPRECIATION

At 1 July 2024

205,251

Charge for year

63,793

Transfer to ownership

(99,013

)

At 30 June 2025

170,031

NET BOOK VALUE

At 30 June 2025

239,553

At 30 June 2024

337,592

10.	FIXED ASSET INVESTMENTS

Company

Shares in

group

undertakings

£

COST

At 1 July 2024

and 30 June 2025

300

NET BOOK VALUE

At 30 June 2025

300

At 30 June 2024

300

The group or the company's investments at the Balance Sheet date in the share capital of companies include the following:

Subsidiaries

Amstech Insulations Limited

Registered office: 30/34 North Street, Hailsham, East Sussex, BN27 1DW

Nature of business: Asbestos advice & removal

%

Class of shares:

holding

Ordinary

100.00

Amstech Inspections and Testing Limited

Registered office: 30/34 North Street, Hailsham, East Sussex, BN27 1DW

Nature of business: Asbestos advice & removal

%

Class of shares:

holding

Ordinary

100.00

Amstech Asbestos Removals Limited

Registered office: 30/34 North Street, Hailsham, East Sussex, BN27 1DW

Nature of business: Asbestos advice & removal

%

Class of shares:

holding

Ordinary

100.00

11.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group

Company

2025

2024

2025

2024

£

£

£

£

Trade debtors

271,300

244,741

4,621

(1,816

)

Amounts owed by group undertakings

-

39,700

66,467

62,713

Other debtors

23,160

43,630

25,192

39,530

294,460

328,071

96,280

100,427