Registration number: 04052640

Adtec Europe Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 12

Adtec Europe Limited

Company Information

Directors

K Yoshino T Takahara K Sakatani H Morishita

Registered office

Unit 8 Heathlands Industrial Estate Heathlands Close Twickenham England TW1 4BP

Auditors

Just Audit Limited Chartered Accountants & Statutory AuditorsStrelley Hall Strelley Nottingham NG8 6PE

Adtec Europe Limited

(Registration number: 04052640)
Balance Sheet as at 31 August 2025

	Note	31 August 2025 £	31 August 2024 £
Fixed assets
Tangible assets	4	28,810	51,630
Investments	5	128,655	128,655
		157,465	180,285
Current assets
Stocks		24,196	74,920
Debtors	6	1,451,033	1,359,552
Cash at bank and in hand		376,890	134,041
		1,852,119	1,568,513
Creditors: Amounts falling due within one year	7	(1,417,608)	(1,192,103)
Net current assets		434,511	376,410
Total assets less current liabilities		591,976	556,695
Creditors: Amounts falling due after more than one year	7	(4,750,016)	(4,750,016)
Net liabilities		(4,158,040)	(4,193,321)
Capital and reserves
Called up share capital	8	330,000	330,000
Retained earnings		(4,488,040)	(4,523,321)
Shareholders' deficit		(4,158,040)	(4,193,321)

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 May 2026 and signed on its behalf by:
 

......................................... K Yoshino Director

Adtec Europe Limited

Notes to the Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, company's registration number is 04052640, incorporated in England and Wales.

The address of its registered office is:
Unit 8 Heathlands Industrial Estate
Heathlands Close
Twickenham
TW1 4BP
England

These financial statements were authorised for issue by the Board on 27 May 2026.

The presentation currency is Pound Sterling.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Going concern

On the basis of their assessment of the company’s financial position and of the enquiries made of the directors of the parent, Adtec Plasma Technology Corporation Ltd, which has indicated that it will continue to provide financial support, the company’s directors have a reasonable expectation that the company will be able to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Adtec Europe Limited

Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 27 May 2026 was Rachel Davis BA FCA, who signed for and on behalf of Just Audit Limited.

.........................................

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

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.

Adtec Europe Limited

Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, less their residual values, over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold improvements	Over the term of the lease
Furniture, fittings and equipment	20% on cost

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price. Cost is determined using the first-in, first-out (FIFO) method.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Adtec Europe Limited

Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 2).

Adtec Europe Limited

Notes to the Financial Statements for the Year Ended 31 August 2025 (continued)

4	Tangible assets

	Leasehold Improvements £	Furniture, fittings and equipment  £	Total £
Cost
At 1 September 2024	102,657	294,800	397,457
Additions	-	936	936
Disposals	-	(229,101)	(229,101)
At 31 August 2025	102,657	66,635	169,292
Depreciation
At 1 September 2024	59,889	285,939	345,828
Charge for the year	20,531	3,036	23,567
Eliminated on disposal	-	(228,913)	(228,913)
At 31 August 2025	80,420	60,062	140,482
Carrying amount
At 31 August 2025	22,237	6,573	28,810
At 31 August 2024	42,769	8,861	51,630

5	Investments

	31 August 2025 £	31 August 2024 £
Investments in associates	128,655	128,655