REGISTERED NUMBER: 05312118 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

INNOVATEK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr P R Stevenson

SECRETARY:

Mrs F E Stevenson

REGISTERED OFFICE:

Pasture House

1 Cottage Field

Bishop Burton

Beverley

East Yorkshire

HU17 8YE

REGISTERED NUMBER:

05312118 (England and Wales)

ACCOUNTANTS:

Sowerby

Chartered Accountants

Beckside Court

Annie Reed Road

Beverley

East Yorkshire

HU17 0LF

FIXED ASSETS

Tangible assets

4

38,886

53,040

CURRENT ASSETS

Debtors

5

10,052

9,218

Investments

6

36,407

32,249

Cash at bank

118,155

98,771

164,614

140,238

CREDITORS

Amounts falling due within one year

7

16,675

17,244

NET CURRENT ASSETS

147,939

122,994

TOTAL ASSETS LESS CURRENT LIABILITIES

186,825

176,034

PROVISIONS FOR LIABILITIES

7,388

4,828

NET ASSETS

179,437

171,206

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

179,337

171,106

SHAREHOLDERS' FUNDS

179,437

171,206

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 director acknowledges his 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 director and authorised for issue on 5 May 2026 and were signed by:

Dr P R Stevenson - Director

1.	STATUTORY INFORMATION

Innovatek Limited is a private company limited by shares and incorporated and domiciled in England. It has its registered office and principle place of business at Pasture House, 1 Cottage Field, Bishop Burton, Beverley, East Yorkshire, HU17 8YE.

The principal activity of the company is consultancy, engineering & research.

The presentational currency of the financial statements is 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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Turnover

Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts.

Turnover from the sale of goods is recognised at the point of sale.

Turnover from services is recognised on completion of service, or when those services span the year end date, by reference to the stage of completion at the balance sheet date.

Sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Computer equipment - 25% on cost

Motor vehicles - 20% on cost

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for the current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

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 AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

74,531

DEPRECIATION

At 1 January 2025

21,491

Charge for year

14,154

At 31 December 2025

35,645

NET BOOK VALUE

At 31 December 2025

38,886

At 31 December 2024

53,040

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

9,573

8,664

Other debtors

479

554

10,052

9,218

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

36,407

32,249

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

1,377

2,046

Other creditors

15,298

15,198

16,675

17,244

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed its director Dr P R Stevenson £14,398 (2024: £14,398). The amount is disclosed within other creditors.

The loan is interest free and repayable on demand.

9.	ULTIMATE CONTROLLING PARTY