Aztec Composites Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03403024 (England and Wales)

AZTEC COMPOSITES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mrs S E Goodman

R K Goodman

J D Goodman

E J Goodman

D J Goodman

REGISTERED OFFICE:

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

REGISTERED NUMBER:

03403024 (England and Wales)

ACCOUNTANTS:

Phipps Henson McAllister

Chartered Accountants

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

FIXED ASSETS

Tangible assets

4

415,246

530,711

CURRENT ASSETS

Stocks

45,000

Debtors

5

246,891

245,936

Investments

6

566,665

529,584

Cash at bank

226,649

525,151

1,085,205

1,345,671

CREDITORS

Amounts falling due within one year

7

325,928

240,433

NET CURRENT ASSETS

759,277

1,105,238

TOTAL ASSETS LESS CURRENT LIABILITIES

1,174,523

1,635,949

CREDITORS

Amounts falling due after more than one
year

8

(91,667

)

(141,667

)

PROVISIONS FOR LIABILITIES

(91,741

)

(119,526

)

NET ASSETS

991,115

1,374,756

CAPITAL AND RESERVES

Called up share capital

5,000

Retained earnings

986,115

1,369,756

SHAREHOLDERS' FUNDS

991,115

1,374,756

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 April 2026 and were signed on its behalf by:

R K Goodman - Director

1.	STATUTORY INFORMATION

Aztec Composites 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% straight line

Fixtures and fittings

-

20% 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 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

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 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.

Debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 September 2024

1,384,521

297,060

299,736

1,981,317

Additions

12,838

-

12,838

Disposals

-

(56,865

)

(56,865

)

At 31 August 2025

1,397,359

297,060

242,871

1,937,290

DEPRECIATION

At 1 September 2024

1,013,324

279,080

158,202

1,450,606

Charge for year

85,002

7,918

35,383

128,303

Eliminated on disposal

-

(56,865

)

(56,865

)

At 31 August 2025

1,098,326

286,998

136,720

1,522,044

NET BOOK VALUE

At 31 August 2025

299,033

10,062

106,151

415,246

At 31 August 2024

371,197

17,980

141,534

530,711

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

179,888

163,334

Other debtors

-

282

Directors' current accounts

-

7,309

VAT

-

26,792

Prepayments

67,003

48,219

246,891

245,936

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

Listed investments

566,665

529,584

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts

50,000

Trade creditors

88,789

46,377

Corporation tax

68,581

116,055

PAYE

11,046

5,627

VAT

31,976

-

Other creditors

4,109

2,338

Directors' current accounts

69,655

18,836

Accruals and deferred income

1,772

1,200

325,928

240,433

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Hire purchase contracts

91,667

141,667