IRIS Accounts Production v25.4.0.155 09310194 Board of Directors Board of Directors 1.1.25 31.12.25 31.12.25 false true false false false true false "A" Ordinary 1.00000 "B" Ordinary 1.00000 "C" Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 09310194 2024-12-31 09310194 2025-12-31 09310194 2025-01-01 2025-12-31 09310194 2023-12-31 09310194 2024-01-01 2024-12-31 09310194 2024-12-31 09310194 ns15:EnglandWales 2025-01-01 2025-12-31 09310194 ns14:PoundSterling 2025-01-01 2025-12-31 09310194 ns10:Director1 2025-01-01 2025-12-31 09310194 ns10:Director2 2025-01-01 2025-12-31 09310194 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 09310194 ns10:SmallEntities 2025-01-01 2025-12-31 09310194 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 09310194 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 09310194 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 09310194 ns10:FullAccounts 2025-01-01 2025-12-31 09310194 1 2025-01-01 2025-12-31 09310194 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 09310194 ns10:OrdinaryShareClass2 2025-01-01 2025-12-31 09310194 ns10:OrdinaryShareClass3 2025-01-01 2025-12-31 09310194 ns10:RegisteredOffice 2025-01-01 2025-12-31 09310194 ns5:CurrentFinancialInstruments 2025-12-31 09310194 ns5:CurrentFinancialInstruments 2024-12-31 09310194 ns5:Non-currentFinancialInstruments 2025-12-31 09310194 ns5:Non-currentFinancialInstruments 2024-12-31 09310194 ns5:ShareCapital 2025-12-31 09310194 ns5:ShareCapital 2024-12-31 09310194 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 09310194 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 09310194 ns5:NetGoodwill 2025-01-01 2025-12-31 09310194 ns5:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 09310194 ns5:PlantMachinery 2025-01-01 2025-12-31 09310194 ns5:FurnitureFittings 2025-01-01 2025-12-31 09310194 ns5:MotorVehicles 2025-01-01 2025-12-31 09310194 ns5:NetGoodwill 2024-12-31 09310194 ns5:NetGoodwill 2025-12-31 09310194 ns5:NetGoodwill 2024-12-31 09310194 ns5:PlantMachinery 2024-12-31 09310194 ns5:FurnitureFittings 2024-12-31 09310194 ns5:MotorVehicles 2024-12-31 09310194 ns5:PlantMachinery 2025-12-31 09310194 ns5:FurnitureFittings 2025-12-31 09310194 ns5:MotorVehicles 2025-12-31 09310194 ns5:PlantMachinery 2024-12-31 09310194 ns5:FurnitureFittings 2024-12-31 09310194 ns5:MotorVehicles 2024-12-31 09310194 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2024-12-31 09310194 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2025-01-01 2025-12-31 09310194 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2025-12-31 09310194 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2024-12-31 09310194 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 09310194 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 09310194 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-12-31 09310194 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-12-31 09310194 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2025-12-31 09310194 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2024-12-31 09310194 ns5:HirePurchaseContracts 2025-12-31 09310194 ns5:HirePurchaseContracts 2024-12-31 09310194 ns5:WithinOneYear 2025-12-31 09310194 ns5:WithinOneYear 2024-12-31 09310194 ns5:BetweenOneFiveYears 2025-12-31 09310194 ns5:BetweenOneFiveYears 2024-12-31 09310194 ns5:AllPeriods 2025-12-31 09310194 ns5:AllPeriods 2024-12-31 09310194 ns10:OrdinaryShareClass1 2025-12-31 09310194 ns10:OrdinaryShareClass2 2025-12-31 09310194 ns10:OrdinaryShareClass3 2025-12-31

REGISTERED NUMBER: 09310194 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| Spheretech Limited |

| Spheretech Limited (Registered number: 09310194) |

Contents of the Financial Statements

for the year ended 31 December 2025

| Page |

| Company Information | 1 |

| Balance Sheet | 2 |  | to |  | 3

| Notes to the Financial Statements | 4 |  | to |  | 9

| Spheretech Limited |

Company Information

for the year ended 31 December 2025

| DIRECTORS: | D L Knibbs

| M Knibbs

| REGISTERED OFFICE: | Pacioli House

| 9 Brookfield, Duncan Close

| Moulton Park

| Northampton

| Northamptonshire

| NN3 6WL

| REGISTERED NUMBER: | 09310194 (England and Wales)

| ACCOUNTANTS: | Clifford Roberts

| Chartered Accountants

| Pacioli House

| 9 Brookfield

| Duncan Close

| Northampton

| Northamptonshire

| NN3 6WL

| Spheretech Limited (Registered number: 09310194) |

Balance Sheet

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 56,299 |  | 86,258 |  |

56,299 |  | 86,258 |  |

CURRENT ASSETS

Stocks | 6 | 26,100 |  | 28,400 |  |

Debtors | 7 | 604,014 |  | 301,515 |  |

Cash at bank | 726,522 |  | 641,363 |  |

1,356,636 |  | 971,278 |  |

CREDITORS

Amounts falling due within one year | 8 | 1,103,231 |  | 761,589 |  |

NET CURRENT ASSETS | 253,405 |  | 209,689 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 309,704 |  | 295,947 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (1,084 | ) | (34,731 | ) |

PROVISIONS FOR LIABILITIES | - |  | (5,063 | ) |

NET ASSETS | 308,620 |  | 256,153 |  |

CAPITAL AND RESERVES

Called up share capital | 13 | 100 |  | 100 |  |

Retained earnings | 308,520 |  | 256,053 |  |

SHAREHOLDERS' FUNDS | 308,620 |  | 256,153 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

| Spheretech Limited (Registered number: 09310194) |

Balance Sheet - continued

31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2026 and were signed on its behalf by:

M Knibbs - Director

D L Knibbs - Director

| Spheretech Limited (Registered number: 09310194) |

Notes to the Financial Statements

for the year ended 31 December 2025

1. | STATUTORY INFORMATION

| Spheretech Limited is a private company, limited by shares, incorporated and domiciled in England. The company's registered number and registered office address can be found on the Company Information Page.

| The principal place of business is Concept Park, Watling Street, Towcester, Northamptonshire, NN12 7YD.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 section 1A - "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102 section 1A") and with the Companies Act 2006. The financial statements have been prepared on the historical cost basis.

| The financial statements are presented in Sterling (£) and cover the period to the 31st December each year.

| 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.

| Significant judgements and estimates

| In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis.

| The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below.

| (a) Accruals and deferred income

| In determining the value of accruals and deferred income, management takes into account the most reliable evidence available at the dates the estimates are made.

| Deferred income consists of twelve-month maintenance service agreements which are spread over the period of the contract based upon the number of services visits.

| Turnover

| Turnover represents the invoiced amount of services and installations provided stated net of value added tax. The turnover and pre tax profit is wholly attributable to the operating activities of the company. Turnover is recognised upon evidence of the installation of the units or evidence of the date the service is provided.

| Goodwill

| Negative goodwill, being the amount paid in connection with the acquisition of a business in 2014, is amortised according to the consumption of the underlying assets.

| 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.

| Spheretech Limited (Registered number: 09310194) |

Notes to the Financial Statements - continued

for the year ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| 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 cost

| Fixtures and fittings | - | 25% on cost

| Motor vehicles | - | 25% on cost

| Stocks

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

| Taxation

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

| 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.

| Differences between contributions payable in the year and contributions actually paid are shown as either accruals or prepayments in the balance sheet.

| Spheretech Limited (Registered number: 09310194) |

Notes to the Financial Statements - continued

for the year ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Trade and other debtors

| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

| Trade and other creditors

| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method unless the effect of discounting would be immaterial, in which case they are stated at cost.

| Interest bearing borrowings

| Interest bearing borrowings are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, interest bearing borrowings are stated at amortised cost with any difference between the amount initially recognised and redemption value being recognised in the statement of comprehensive income over the period of the borrowings, together with any interest and fees payable, using the effective interest method.

| Leasing commitments

| Rentals under operating leases are charged on a straight line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight line basis over the lease term.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 22 (2024 - 22 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | (150,446 | ) |

| AMORTISATION

| At 1 January 2025

| and 31 December 2025 | (150,446 | ) |

| NET BOOK VALUE

| At 31 December 2025 | - |  |

| At 31 December 2024 | - |  |

| Spheretech Limited (Registered number: 09310194) |

Notes to the Financial Statements - continued

for the year ended 31 December 2025

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |

| machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 1 January 2025 | 11,325 |  | 25,819 |  | 278,673 |  | 315,817 |  |

| Additions | - |  | 9,726 |  | - |  | 9,726 |  |

| At 31 December 2025 | 11,325 |  | 35,545 |  | 278,673 |  | 325,543 |  |

| DEPRECIATION

| At 1 January 2025 | 9,439 |  | 20,244 |  | 199,876 |  | 229,559 |  |

| Charge for year | 956 |  | 3,483 |  | 35,246 |  | 39,685 |  |

| At 31 December 2025 | 10,395 |  | 23,727 |  | 235,122 |  | 269,244 |  |

| NET BOOK VALUE

| At 31 December 2025 | 930 |  | 11,818 |  | 43,551 |  | 56,299 |  |

| At 31 December 2024 | 1,886 |  | 5,575 |  | 78,797 |  | 86,258 |  |

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

| Motor

| vehicles

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 121,434 |  |

| DEPRECIATION

| At 1 January 2025 | 50,781 |  |

| Charge for year | 30,359 |  |

| At 31 December 2025 | 81,140 |  |

| NET BOOK VALUE

| At 31 December 2025 | 40,294 |  |

| At 31 December 2024 | 70,653 |  |

6. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 26,100 |  | 28,400 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 553,861 |  | 230,303 |  |

| Amounts recoverable on contract | - |  | 13,160 |  |

| Other debtors | 19,989 |  | 26,522 |  |

| Deferred tax asset | 841 |  | - |  |

| Prepayments | 29,323 |  | 31,530 |  |

604,014 |  | 301,515 |  |

| Spheretech Limited (Registered number: 09310194) |

Notes to the Financial Statements - continued

for the year ended 31 December 2025

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 6,666 |  | 10,000 |  |

| Hire purchase contracts (see note 10) | 26,981 |  | 36,807 |  |

| Trade creditors | 561,436 |  | 246,687 |  |

| Taxation and social security | 189,716 |  | 178,498 |  |

| Other creditors | 318,432 |  | 289,597 |  |

1,103,231 |  | 761,589 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | - |  | 6,666 |  |

| Hire purchase contracts (see note 10) | 1,084 |  | 28,065 |  |

1,084 |  | 34,731 |  |

10. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | 26,981 |  | 36,807 |  |

| Between one and five years | 1,084 |  | 28,065 |  |

28,065 |  | 64,872 |  |

| Non-cancellable |

| operating leases |

2025 | 2024 |

£ | £ |

| Within one year | 28,518 |  | 31,009 |  |

| Between one and five years | 10,051 |  | - |  |

38,569 |  | 31,009 |  |

11. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 28,065 |  | 64,872 |  |

| Spheretech Limited (Registered number: 09310194) |

Notes to the Financial Statements - continued

for the year ended 31 December 2025

12. | FINANCIAL RISK MANAGEMENT

| The company has some significant exposure to credit, liquidity and cash flow interest rate risks, These risks are limited by the company's financial management policies and practices described below.

| Foreign currency risk

| The company has no exposure to foreign currency risks as all of the company's sales and purchases are denominated in sterling.

| Credit risk

| The company's exposure and it's customers credit worthiness is continually monitored so that any potential problems are detected at an early stage.

| Liquidity risk

| The directors have ultimate responsibility for liquidity risk management in maintaining adequate reserves and banking facilities, which it does by maintaining an overdraft facility.

| Market risk

| There is a market risk associated with the fluctuation in demand for the products and services provided. Most of this is mitigated by monitoring the markets.

| The company holds no derivative financial instruments at the year end.

13. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 51 | "A" Ordinary | £1 | 51 |  | 51 |  |

| 40 | "B" Ordinary | £1 | 40 |  | 40 |  |

| 9 | "C" Ordinary | £1 | 9 |  | 9 |  |

100 |  | 100 |  |

14. | ULTIMATE CONTROLLING PARTY

| The ultimate parent company and controlling party is Amberstone Sterling Holdings Limited, a company registered in England and registered office being Pacioli House, 9 Brookfield, Duncan Close, Moulton Park, Northampton, Northamptonshire, NN3 6WL.