Geotechnics Limited Company accounts

COMPANY REGISTRATION NUMBER: 01757790

Geotechnics Limited

Financial Statements

30 September 2025

Geotechnics Limited

Financial Statements

Year ended 30 September 2025

Contents	Pages

Officers and professional advisers	1

Strategic report	2

Directors' report	3 to 4

Independent auditor's report to the members	5 to 8

Statement of comprehensive income	9

Statement of financial position	10

Statement of changes in equity	11

Statement of cash flows	12

Notes to the financial statements	13 to 23

Geotechnics Limited

Officers and Professional Advisers

The board of directors	J Hutchinson
	R Webster
	P A Hayes
	M D Coates

Registered office	The Geotechnical Centre
	203 Torrington Avenue
	Tile Hill
	Coventry
	CV4 9AP

Auditor	TC Group
	Statutory auditor
	3B Swallowfield Courtyard
	Wolverhampton Road
	Oldbury
	West Midlands
	B69 2JG

Geotechnics Limited

Strategic Report

Year ended 30 September 2025

The principal activity of the company throughout the year was the provision of specialist investigation, analytical and advisory services in geotechnical engineering, and geoenvironmental and allied disciplines as in previous years. The directors measure the business's financial performance against certain key performance indicators (KPIs). These KPIs include growth in turnover, gross profit margin, operating profit and statistical analysis, which are measured against break even levels. The directors are satisfied with the results achieved in the year in comparison to prior periods given the current trading conditions and pricing pressure in the industry. Turnover has increased by 37% on the previous year. Operating and administrative costs have been well controlled and monitored as necessary resulting in a strong profit for the year. The pipeline for 2026 is strong and it is envisaged that the company will continue to make a profit in the year ended 30 September 2026. The directors continue to be optimistic about the company's long term future performance and remain focused on continuing to maximise the business opportunities arising by exploiting its breadth of expertise. Geotechnics are committed to aligning with the UK’s Net Zero target by 2050 and contributing to the Triple Carbon Pledge. Our Environmental Management System, accredited to ISO14001, ensures continuous improvement in reducing carbon emissions through initiatives to reduce impact of transport emissions, energy use and increasing use of low-carbon solutions along with transitioning to an electric fleet of vehicles. We have already made significant strides in reducing vehicle emissions through journey planning and vehicle sharing, and office energy consumption through LED lighting and insulation upgrades. Solar technology has been successfully used on site projects, proving our ability to deliver greener solutions for clients. With existing initiatives and clear future targets, we are committed to supporting the Triple Carbon Pledge and achieving our Science-Based Targets.

This report was approved by the board of directors on 12 May 2026 and signed on behalf of the board by:

P A Hayes

Director

Registered office:

The Geotechnical Centre

203 Torrington Avenue

Tile Hill

Coventry

CV4 9AP

Geotechnics Limited

Directors' Report

Year ended 30 September 2025

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

Directors

The directors who served the company during the year were as follows:

J Hutchinson
R Webster
P A Hayes
M D Coates

Dividends

Particulars of recommended dividends are detailed in note 12 to the financial statements.

Future developments

The directors are confident about the future and continued success of the company. They expect that the company will continue to be profitable and that this current level of turnover will be maintained.

Research and development

The company has been actively involved in geotechnical project management software development, and these activities together constitute research and development.

Disclosure of information in the strategic report

The strategic report is detailed on page 2 of the financial statements.

Directors' responsibilities statement

The directors are responsible for preparing the strategic report, directors' report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

This report was approved by the board of directors on 12 May 2026 and signed on behalf of the board by:

P A Hayes

Director

Registered office:

The Geotechnical Centre

203 Torrington Avenue

Tile Hill

Coventry

CV4 9AP

Geotechnics Limited

Independent Auditor's Report to the Members of Geotechnics Limited

Year ended 30 September 2025

Opinion

We have audited the financial statements of Geotechnics Limited for the year ended 30 September 2025 which comprise the statement of comprehensive income, the balance sheet, the statement of changes in equity and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the company's affairs as at 30 September 2025 and of its profit for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

- the information given in the directors’ report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the directors’ report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of directors’ remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit; or - the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption in preparing the directors’ report and take advantage of the small companies exemption from the requirement to prepare a strategic report.

Responsibilities of directors

As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. Extent to which the audit was considered capable of detecting irregularities, including fraud The objectives of our audit, in respect to fraud, are: to identify and assess the risks of material misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses; and to respond appropriately to fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both those charged with governance of the entity and its management. Our Approach was as follows: - We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our general commercial and sector experience, and through discussion with the directors and other management (as required by auditing standards), and discussed with the directors and other management the policies and procedures regarding compliance with laws and regulations; - We considered the legal and regulatory frameworks directly applicable to the financial statements reporting framework (FRS 102 and the Companies Act 2006) and the relevant tax compliance regulations in the UK; - We considered the nature of the industry, the control environment and business performance, including the key drivers for management’s remuneration; - We communicated identified laws and regulations throughout our team and remained alert to any indications of non-compliance throughout the audit; - We considered the procedures and controls that the company has established to address risks identified, or that otherwise prevent, deter and detect fraud; and how senior management monitors those programmes and controls. Based on this understanding we designed our audit procedures to identify non-compliance with such laws and regulations. Where the risk was considered to be higher, we performed audit procedures to address each identified fraud risk. These procedures included: testing manual journals; reviewing the financial statement disclosures and testing to supporting documentation; performing analytical procedures; and enquiring of management, and were designed to provide reasonable assurance that the financial statements were free from fraud or error. Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations. A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the company's members, as a body, in accordance with chapter 3 of part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Philippa Miller-Hawkes BA CA

(Senior Statutory Auditor)

For and on behalf of

TC Group

Statutory auditor

3B Swallowfield Courtyard

Wolverhampton Road

Oldbury

West Midlands

B69 2JG

12 May 2026

Geotechnics Limited

Statement of Comprehensive Income

Year ended 30 September 2025

		2025	2024
Note		£	£
Turnover	4	15,230,521	11,118,127

Cost of sales	10,638,284	7,751,414
	-------------	-------------
Gross profit	4,592,237	3,366,713

Administrative expenses		2,804,494	2,483,804
Other operating income	5	9,963	10,490
		------------	------------
Operating profit	6	1,797,706	893,399

Other interest receivable and similar income	9	42,593	27,953
Interest payable and similar expenses	10	28,811	36,393
		------------	------------
Profit before taxation		1,811,488	884,959

Tax on profit	11	350,923	228,243
		------------	---------
Profit for the financial year		1,460,565	656,716
		------------	---------

Revaluation of tangible assets	50,950	345,744
	------------	------------
Total comprehensive income for the year	1,511,515	1,002,460
	------------	------------

All the activities of the company are from continuing operations.

Geotechnics Limited

Statement of Financial Position

30 September 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	13	1,010,767	1,074,774
Investments	14	3	3
		------------	------------
		1,010,770	1,074,777

Current assets

Debtors	15	3,483,584	3,324,130
Cash at bank and in hand		3,375,748	1,903,362
		------------	------------
		6,859,332	5,227,492

Creditors: amounts falling due within one year	16	3,288,453		2,689,431
		------------		------------
Net current assets			3,570,879	2,538,061
			------------	------------
Total assets less current liabilities			4,581,649	3,612,838

Creditors: amounts falling due after more than one year	17		176,657	290,229

Provisions

Taxation including deferred tax	19	136,994	193,595
		------------	------------
Net assets		4,267,998	3,129,014
		------------	------------

Capital and reserves

Called up share capital	24	1,000	1,000
Revaluation reserve	25	396,694	345,744
Profit and loss account	25	3,870,304	2,782,270
		------------	------------
Shareholders funds		4,267,998	3,129,014
		------------	------------

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

These financial statements were approved by the board of directors and authorised for issue on 12 May 2026 , and are signed on behalf of the board by:

P A Hayes

Director

Company registration number: 01757790

Geotechnics Limited

Statement of Changes in Equity

Year ended 30 September 2025

			Called up share capital	Revaluation reserve	Profit and loss account	Total
Note			£	£	£	£
At 1 October 2023			1,000	–	2,483,610	2,484,610

Profit for the year					656,716	656,716
Other comprehensive income for the year:
	Revaluation of tangible assets	13	–	345,744	–	345,744
			-------	---------	------------	------------
Total comprehensive income for the year			–	345,744	656,716	1,002,460

Dividends paid and payable		12	–	–	( 358,056)	( 358,056)
			-------	---------	------------	------------
Total investments by and distributions to owners			–	–	( 358,056)	( 358,056)

At 30 September 2024			1,000	345,744	2,782,270	3,129,014

Profit for the year					1,460,565	1,460,565
Other comprehensive income for the year:
	Revaluation of tangible assets	13	–	50,950	–	50,950
			-------	---------	------------	------------
Total comprehensive income for the year			–	50,950	1,460,565	1,511,515

Dividends paid and payable		12	–	–	( 372,531)	( 372,531)
			----	----	---------	---------
Total investments by and distributions to owners			–	–	( 372,531)	( 372,531)

			-------	---------	------------	------------
At 30 September 2025			1,000	396,694	3,870,304	4,267,998
			-------	---------	------------	------------

Geotechnics Limited

Statement of Cash Flows

Year ended 30 September 2025

	2025	2024
	£	£

Cash flows from operating activities

Profit for the financial year	1,460,565	656,716

Adjustments for:
Depreciation of tangible assets	167,932	131,564
Government grant income	( 9,963)	( 9,342)
Other interest receivable and similar income	( 42,593)	( 27,953)
Interest payable and similar expenses	28,811	36,393
Gains on disposal of tangible assets	–	( 29,098)
Tax on profit	350,923	228,243
Accrued expenses/(income)	159,902	( 587,059)

Changes in:
Trade and other debtors	( 43,058)	( 155,584)
Trade and other creditors	84,650	622,811
	------------	---------
Cash generated from operations	2,157,169	866,691

Interest paid	( 28,811)	( 36,393)
Interest received	42,593	27,953
Tax paid	( 94,443)	( 120,944)
	------------	---------
Net cash from operating activities	2,076,508	737,307
	------------	---------

Cash flows from investing activities

Purchase of tangible assets	( 103,925)	( 171,300)
Proceeds from sale of tangible assets	–	30,000
	------------	---------
Net cash used in investing activities	( 103,925)	( 141,300)
	------------	---------

Cash flows from financing activities

Repayments of borrowings	( 120,950)	( 15,092)
Government grant income	9,963	9,342
Payments of finance lease liabilities	( 16,679)	63,598
Dividends paid	( 372,531)	( 358,056)
	------------	---------
Net cash used in financing activities	( 500,197)	( 300,208)
	------------	---------

Net increase in cash and cash equivalents	1,472,386	295,799
Cash and cash equivalents at beginning of year	1,903,362	1,607,563
	------------	------------
Cash and cash equivalents at end of year	3,375,748	1,903,362
	------------	------------

Geotechnics Limited

Notes to the Financial Statements

Year ended 30 September 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The registered office is: The Geotechnical Centre 203 Torrington Avenue Tile Hill Coventry CV4 9AP The principal activity of the company during the year was to provide specialist investigation, analytical and advisory services in geographical engineering, and geoenvironmental and allied disciplines.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The key estimate in the accounts is management’s assessment of accrued income, please refer to the accounting policy on this for how that is determined.

Revenue recognition

The turnover shown in the profit and loss account represents amounts invoiced in the year, exclusive of Value Added Tax, subject to the policy below with regard to ongoing project work at a period end. With regard to ongoing project work, management will assess at a period end the level of cost and work performed against an agreed scope of work with a client and then estimate an amount of accrued income based on the recoverability of costs incurred plus a margin. This represents an accounting estimate and is included in other debtors.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	4% to 10% straight line
Laboratory Equipment	-	10% to 25% straight line
Tenanet's improvements	-	10% straight line
Motor Vehicles	-	25% straight line
Office Equipment	-	25 % straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Defined contribution plans

The company makes contributions to a number of Stakeholder defined contribution pension schemes, the assets of which are held seperately from the assets of the company. The pension cost charge represents contributions payable to the schemes. The company's liability is limited to the amount of the contribution.

4. Turnover

Turnover arises from:

	2025	2024
	£	£
Rendering of services	15,230,521	11,118,127
	-------------	-------------

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

5. Other operating income

	2025	2024
	£	£
Government grant income	9,963	9,342
Other operating income	–	1,148
	-------	--------
	9,963	10,490
	-------	--------

6. Operating profit

Operating profit or loss is stated after charging/crediting:

	2025	2024
	£	£
Depreciation of tangible assets	167,932	131,564
Gains on disposal of tangible assets	–	( 29,098)
Auditors fee - audit of the financial statements	17,200	16,650
Auditors fee - other non audit costs	2,950	3,600
Operating lease rentals	344,740	329,463
	---------	---------

7. Staff costs

The average number of persons employed by the company during the year, including the directors, amounted to:

	2025	2024
	No.	No.
Administrative staff	9	11
Number of engineers	72	64
Number of laboratory technicians	19	19
	----	----
	100	94
	----	----

The aggregate payroll costs incurred during the year, relating to the above, were:

	2025	2024
	£	£
Wages and salaries	3,451,894	2,981,572
Social security costs	378,996	290,506
Other pension costs	194,125	211,635
	------------	------------
	4,025,015	3,483,713
	------------	------------

The average monthly number of persons employed by the company includes executive directors.

8. Directors' remuneration

The directors' aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	98,720	126,538
Excess retirement benefits of directors and past directors	89,995	116,322
	---------	---------
	188,715	242,860
	---------	---------

The number of directors who accrued benefits under company pension plans was as follows:

	2025	2024
	No.	No.
Defined contribution plans	5	5
	----	----

9. Other interest receivable and similar income

	2025	2024
	£	£
Interest on cash and cash equivalents	38,192	27,953
Other interest receivable and similar income	4,401	–
	--------	--------
	42,593	27,953
	--------	--------

10. Interest payable and similar expenses

	2025	2024
	£	£
Interest on banks loans and overdrafts	16,760	23,748
Other interest payable and similar charges	12,051	12,645
	--------	--------
	28,811	36,393
	--------	--------

11. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	469,945	207,814
Adjustments in respect of prior periods	( 113,371)	–
	---------	---------
Total current tax	356,574	207,814
	---------	---------

Deferred tax:

Origination and reversal of timing differences	( 5,651)	20,429
	---------	---------
Tax on profit	350,923	228,243
	---------	---------

Reconciliation of tax expense

The tax assessed on the profit on ordinary activities for the year is lower than (2024: higher than) the standard rate of corporation tax in the UK of 25 % (2024: 25 %).

	2025	2024
	£	£
Profit on ordinary activities before taxation	1,811,488	884,959
	------------	---------
Profit on ordinary activities by rate of tax	452,872	221,240
Adjustment to tax charge in respect of prior periods	(154,357)	–
Effect of expenses not deductible for tax purposes	1,458	7,004
Rounding on tax charge	–	( 1)
Deferred tax charge	50,950	–
	------------	---------
Tax on profit	350,923	228,243
	------------	---------

12. Dividends

	2025	2024
	£	£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year )	372,531	358,056
	---------	---------

13. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Oct 2024	919,374	215,767	158,831	141,765	807,603	2,243,340
Additions	21,642	5,848	41,353	–	35,082	103,925
Disposals	–	–	–	–	( 14,055)	( 14,055)
	---------	---------	---------	---------	---------	------------
At 30 Sep 2025	941,016	221,615	200,184	141,765	828,630	2,333,210
	---------	---------	---------	---------	---------	------------
Depreciation
At 1 Oct 2024	152,449	161,399	123,599	35,353	695,766	1,168,566
Charge for the year	44,266	28,029	13,420	33,347	48,870	167,932
Disposals	–	–	–	–	( 14,055)	( 14,055)
	---------	---------	---------	---------	---------	------------
At 30 Sep 2025	196,715	189,428	137,019	68,700	730,581	1,322,443
	---------	---------	---------	---------	---------	------------
Carrying amount
At 30 Sep 2025	744,301	32,187	63,165	73,065	98,049	1,010,767
	---------	---------	---------	---------	---------	------------
At 30 Sep 2024	766,925	54,368	35,232	106,412	111,837	1,074,774
	---------	---------	---------	---------	---------	------------

Tangible assets held at valuation

The land and buildings were revalued in August 2024 by an independent valuer on behalf of Barclays. The directors consider that there has been no significant change to the value at the year end. The carrying amount that would have been recognised had the assets been carried under the cost model is £286,136.

14. Investments

	Shares in group undertakings
	£
Cost
At 1 October 2024 and 30 September 2025	3
	----
Impairment
At 1 October 2024 and 30 September 2025	–
	----

Carrying amount
At 30 September 2025	3
	----
At 30 September 2024	3
	----

The company owns 100% of the issued share capital of the companies listed below,

Aggregate capital and reserves

	2025	2024
	£	£
Geotechnics Special Projects Limited	1	1
Geotechnics Consultancy Limited	1	1
Geotechnics Enviromental Limited	1	1

All companies are registered in England and Wales and are dormant and have not traded during the current or prior years.

15. Debtors

	2025	2024
	£	£
Trade debtors	2,147,895	2,082,918
Prepayments and accrued income	1,335,689	1,241,212
	------------	------------
	3,483,584	3,324,130
	------------	------------

16. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	27,202	36,045
Trade creditors	1,822,202	1,688,002
Accruals and deferred income	692,564	416,871
Corporation tax	469,945	207,814
Social security and other taxes	253,321	318,810
Obligations under finance leases and hire purchase contracts	23,219	21,889
	------------	------------
	3,288,453	2,689,431
	------------	------------

The hire purchase contracts included above are secured over the company assets to which they relate.

17. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	103,587	215,694
Accruals and deferred income	29,022	12,478
Obligations under finance leases and hire purchase contracts	44,048	62,057
	---------	---------
	176,657	290,229
	---------	---------

Interest on the loan is charged at 3.75% above Barclays Bank PLC base rate and is secured against the land and buildings of the company. The loan is repayable in instalments comprising of capital and interest. The hire purchase contracts included above are secured over the company assets to which they relate.

18. Finance leases and hire purchase contracts

The total future minimum lease payments under finance leases and hire purchase contracts are as follows:

	2025	2024
	£	£
Not later than 1 year	23,219	21,889
Later than 1 year and not later than 5 years	44,048	62,057
	--------	--------
	67,267	83,946
	--------	--------

19. Provisions

	Deferred tax (note 20)
	£
At 1 October 2024	193,595
Additions	( 56,601)
	---------
At 30 September 2025	136,994
	---------

20. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 19)	136,994	193,595
	---------	---------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	72,696	78,347
Revaluation of tangible assets	64,298	115,248
	---------	---------
	136,994	193,595
	---------	---------

21. Employee benefits

Defined contribution plans

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £ 104,130 (2024: £ 95,313 ).

22. Government grants

The amounts recognised in the financial statements for government grants are as follows:

	2025	2024
	£	£

Recognised in creditors:

Deferred government grants due within one year	8,679	9,284
Deferred government grants due after more than one year	29,022	12,478
	--------	--------
	37,701	21,762
	--------	--------

Recognised in other operating income:

Government grants recognised directly in income	9,963	9,342
	-------	-------

23. Financial instruments

The carrying amount for each category of financial instrument is as follows:

	2025	2024
	£	£

Financial assets that are debt instruments measured at amortised cost

Other debtors	3,483,584	3,167,662
	------------	------------

Financial liabilities measured at amortised cost

Bank loans and overdrafts	130,789	251,739
Trade creditors	1,822,202	1,688,002
	------------	------------
	1,952,991	1,939,741
	------------	------------

24. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	1,000	1,000	1,000	1,000
	-------	-------	-------	-------

25. Reserves

Revaluation reserve - This reserve records the value of asset revaluations and fair value movements on assets recognised in other comprehensive income. Profit and loss account - This reserve records retained earnings and accumulated losses.

26. Analysis of changes in net debt

	At 1 Oct 2024	Cash flows	At 30 Sep 2025
	£	£	£
Cash at bank and in hand	1,903,362	1,472,386	3,375,748
Debt due within one year	(57,934)	7,513	(50,421)
Debt due after one year	(277,751)	130,116	(147,635)
	------------	------------	------------
	1,567,677	1,610,015	3,177,692
	------------	------------	------------

27. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	341,537	294,452
Later than 1 year and not later than 5 years	732,044	491,929
	------------	---------
	1,073,581	786,381
	------------	---------

28. Directors' advances, credits and guarantees

Mr J M Booth has provided personal guarantees of £200,000 to secure company liabilities.

Geotechnics Limited

Notes to the Financial Statements (continued)

Year ended 30 September 2025

29. Related party transactions

There were no other transactions with related parties in the year which were undertaken such as are required to be disclosed. Related party transactions with LTJMB Holdings Limited, and other group companies, are not required to be disclosed. Statutory accounts for LTJMB Holdings Limited are prepared that are publicly available.

30. Controlling party

The ultimate parent company is LTJMB Holdings Limited, a company registered in England and Wales. LTJMB Holdings Limited holds 100% of the company's issued ordinary share capital. Mr P Hayes, Mr J Hutchinson and Mr R Webster were the controlling parties in LTJMB Holdings Limited in the current year, Mr J M Booth was the controlling shareholder in LTJMB Holdings Limited for the previous year.