REGISTERED NUMBER: 02883166 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Alusec UK Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J R Armitage

Mr R L Sutton

SECRETARY:

Mr J R Armitage

REGISTERED OFFICE:

Copia House

Great Cliffe Court

Great Cliffe Road

Barnsley

South Yorkshire

S75 3SP

REGISTERED NUMBER:

02883166 (England and Wales)

ACCOUNTANTS:

SMH Reed Smith Ltd

Copia House

Great Cliffe Court

Great Cliffe Road

Barnsley

S75 3SP

BANKERS:

National Westminster Bank PLC

42 High Street

Sheffield

South Yorkshire

S1 2GE

FIXED ASSETS

Property, plant and equipment

4

8,793

13,630

CURRENT ASSETS

Inventories

45,212

48,765

Debtors

5

311,174

685,907

Cash at bank and in hand

423,528

112,902

779,914

847,574

CREDITORS

Amounts falling due within one year

6

398,765

473,446

NET CURRENT ASSETS

381,149

374,128

TOTAL ASSETS LESS CURRENT LIABILITIES

389,942

387,758

CREDITORS

Amounts falling due after more than one year

7

(33,333

)

(83,333

)

PROVISIONS FOR LIABILITIES

(2,100

)

(3,176

)

NET ASSETS

354,509

301,249

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

354,507

301,247

SHAREHOLDERS' FUNDS

354,509

301,249

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 February 2026 and were signed on its behalf by:

Mr J R Armitage - Director

1.	STATUTORY INFORMATION

Alusec 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 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

Revenue 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 etc

-

25% on cost, 20% on cost and 10% on cost

Stocks

Inventories 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 inventories to their present location and condition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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.

Construction contracts

The company sells building services to the construction industry. When the outcome of a transaction for the

rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion, the

company recognises revenue on the sales of services in the reporting period in which the services are rendered by reference to the stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion as a proportion of the total services to be rendered.

When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.

Employee benefits

Short-term employee benefits are recognised as an expense in the period in which they are incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 14 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 September 2024

162,737

Additions

1,913

At 31 August 2025

164,650

DEPRECIATION

At 1 September 2024

149,107

Charge for year

6,750

At 31 August 2025

155,857

NET BOOK VALUE

At 31 August 2025

8,793

At 31 August 2024

13,630

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

258,049

615,326

Amounts owed by group undertakings

114

-

Other debtors

53,011

70,581

311,174

685,907

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

50,000

50,000

Trade creditors

238,893

311,695

Taxation and social security

88,307

90,589

Other creditors

21,565

21,162

398,765

473,446

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

33,333

83,333

8.	RELATED PARTY DISCLOSURES

Cost of sales include £207,580 (2024: £420,648) of purchases from Alusec Architectural Aluminium Limited.

Administrative expenses include £45,400 (2024: £32,400) of charges from Alusec Architectural Aluminium Limited.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Green Moor Holdings Limited.

On 31 March 2025 The Alusec EOT Trustee Company Limited became the beneficial owner of 100% of the ordinary share capital of Green Moor Holdings Limited. The shares are held in its capacity as corporate trustee.