IRIS Accounts Production v26.1.0.640 13279588 Board of Directors 1.1.25 31.12.25 31.12.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13279588 2024-12-31 13279588 2025-12-31 13279588 2025-01-01 2025-12-31 13279588 2023-12-31 13279588 2024-01-01 2024-12-31 13279588 2024-12-31 13279588 ns15:EnglandWales 2025-01-01 2025-12-31 13279588 ns14:PoundSterling 2025-01-01 2025-12-31 13279588 ns10:Director1 2025-01-01 2025-12-31 13279588 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 13279588 ns10:SmallEntities 2025-01-01 2025-12-31 13279588 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 13279588 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 13279588 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 13279588 ns10:FullAccounts 2025-01-01 2025-12-31 13279588 1 2025-01-01 2025-12-31 13279588 ns10:Director2 2025-01-01 2025-12-31 13279588 ns10:RegisteredOffice 2025-01-01 2025-12-31 13279588 ns5:CurrentFinancialInstruments 2025-12-31 13279588 ns5:CurrentFinancialInstruments 2024-12-31 13279588 ns5:ShareCapital 2025-12-31 13279588 ns5:ShareCapital 2024-12-31 13279588 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 13279588 ns5:NetGoodwill 2025-01-01 2025-12-31 13279588 ns5:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 13279588 ns5:PatentsTrademarksLicencesConcessionsSimilar 2025-01-01 2025-12-31 13279588 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-01-01 2025-12-31 13279588 ns5:PlantMachinery 2025-01-01 2025-12-31 13279588 ns5:ComputerEquipment 2025-01-01 2025-12-31 13279588 ns5:NetGoodwill 2024-12-31 13279588 ns5:IntangibleAssetsOtherThanGoodwill 2024-12-31 13279588 ns5:NetGoodwill 2025-12-31 13279588 ns5:IntangibleAssetsOtherThanGoodwill 2025-12-31 13279588 ns5:NetGoodwill 2024-12-31 13279588 ns5:IntangibleAssetsOtherThanGoodwill 2024-12-31 13279588 ns5:PlantMachinery 2024-12-31 13279588 ns5:ComputerEquipment 2024-12-31 13279588 ns5:PlantMachinery 2025-12-31 13279588 ns5:ComputerEquipment 2025-12-31 13279588 ns5:PlantMachinery 2024-12-31 13279588 ns5:ComputerEquipment 2024-12-31 13279588 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 13279588 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31

REGISTERED NUMBER: 13279588 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

T.E.K. MILITARY SEATING LIMITED

T.E.K. MILITARY SEATING LIMITED (REGISTERED NUMBER: 13279588)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

T.E.K. MILITARY SEATING LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTORS: | P Fleming

| Mrs L F Fleming

| REGISTERED OFFICE: | 14 Decimus Park

| Kingstanding Way

| Tunbridge Wells

| Kent

| TN2 3GP

| REGISTERED NUMBER: | 13279588 (England and Wales)

| ACCOUNTANTS: | Wells Associates

| Ground Floor Oakhurst House

| 77 Mount Ephraim

| Tunbridge Wells

| Kent

| TN4 8BS

T.E.K. MILITARY SEATING LIMITED (REGISTERED NUMBER: 13279588)

BALANCE SHEET

31 DECEMBER 2025

| 2025 |  | 2024

| as restated |

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 1,261,786 |  | 1,515,693 |  |

Tangible assets | 5 | 15,343 |  | 3,397 |  |

1,277,129 |  | 1,519,090 |  |

CURRENT ASSETS

Stocks | 556,518 |  | 349,529 |  |

Debtors | 6 | 898,994 |  | 336,421 |  |

Cash at bank | 65,958 |  | 165,955 |  |

1,521,470 |  | 851,905 |  |

CREDITORS

Amounts falling due within one year | 7 | (1,613,611 | ) | (1,728,243 | ) |

NET CURRENT LIABILITIES | (92,141 | ) | (876,338 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,184,988 |  | 642,752 |  |

PROVISIONS FOR LIABILITIES | (2,915 | ) | (645 | ) |

NET ASSETS | 1,182,073 |  | 642,107 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 1,181,973 |  | 642,007 |  |

1,182,073 |  | 642,107 |  |

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.

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 Income Statement has not been delivered.

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

P Fleming - Director

T.E.K. MILITARY SEATING LIMITED (REGISTERED NUMBER: 13279588)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| T.E.K. Military Seating 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.

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 represents net invoiced sales of goods, excluding value added tax. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

| Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. This is usually at the point that the customer has received the goods and the legal title has passed.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

| Goodwill represents the valuation on the acquisition of T.E.K Military Seating LLP

| 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.

| Patents and licences are being amortised evenly over their estimated useful life of ten years.

| Intangible assets are being amortised evenly over their estimated useful life of ten years.

| Intangible assets represent the valuation of the registered trademarks and designs acquired from T.E.K Military Seating LLP.

| 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 | - | 25% on reducing balance

| Computer equipment | - | 33.33% 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.

T.E.K. MILITARY SEATING LIMITED (REGISTERED NUMBER: 13279588)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Foreign currencies

| The financial statements of the company are presented in the currency of the primary economic environment in which it operates (its functional currency). For the purpose of the financial statements, the results and financial position are presented in sterling.

| Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Non-monetary assets and liabilities in foreign currencies that are measured at historic cost are not retranslated. Exchange differences are taken into account in arriving at the operating result.

| 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.

3. | EMPLOYEES

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | INTANGIBLE FIXED ASSETS

| Other |

| intangible |

| Goodwill |  | assets |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025

| and 31 December 2025 | 2,123,572 |  | 407,233 |  | 2,530,805 |  |

| AMORTISATION

| At 1 January 2025 | 849,429 |  | 165,683 |  | 1,015,112 |  |

| Charge for year | 212,357 |  | 41,550 |  | 253,907 |  |

| At 31 December 2025 | 1,061,786 |  | 207,233 |  | 1,269,019 |  |

| NET BOOK VALUE

| At 31 December 2025 | 1,061,786 |  | 200,000 |  | 1,261,786 |  |

| At 31 December 2024 | 1,274,143 |  | 241,550 |  | 1,515,693 |  |

T.E.K. MILITARY SEATING LIMITED (REGISTERED NUMBER: 13279588)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

5. | TANGIBLE FIXED ASSETS

| Plant and |  | Computer |

| machinery |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025 | 10,737 |  | 2,543 |  | 13,280 |  |

| Additions | 17,060 |  | - |  | 17,060 |  |

| At 31 December 2025 | 27,797 |  | 2,543 |  | 30,340 |  |

| DEPRECIATION

| At 1 January 2025 | 7,340 |  | 2,543 |  | 9,883 |  |

| Charge for year | 5,114 |  | - |  | 5,114 |  |

| At 31 December 2025 | 12,454 |  | 2,543 |  | 14,997 |  |

| NET BOOK VALUE

| At 31 December 2025 | 15,343 |  | - |  | 15,343 |  |

| At 31 December 2024 | 3,397 |  | - |  | 3,397 |  |

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

2025 | 2024 |

| as restated |

£ | £ |

| Trade debtors | 673,582 |  | 305,040 |  |

| Other debtors | 225,412 |  | 31,381 |  |

898,994 |  | 336,421 |  |

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

2025 | 2024 |

| as restated |

£ | £ |

| Bank loans and overdrafts (see note 8) | - |  | 20,834 |  |

| Trade creditors | 855,128 |  | 735,914 |  |

| Taxation and social security | 386,329 |  | 237,007 |  |

| Other creditors | 372,154 |  | 734,488 |  |

1,613,611 |  | 1,728,243 |  |

8. | LOANS

| An analysis of the maturity of loans is given below:

2025 | 2024 |

| as restated |

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | - |  | 20,834 |  |

| Bank loan represents the Coronovirus Business Interruption Loan as provided by NatWest and guaranteed by the UK Government for 80% of the loan amount.