Comtek Network Systems (UK) Limited

Comtek Network Systems (UK) Limited
Directors' Report
For the year ended 30 August 2025

Director's report and financial statements

The directors present their annual report and the financial statements for the year ended 30 August 2025.

Directors

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

Mrs C Sheibani

Mr A Sheibani

Mr P J Bartlett

Mr P J Mackay

Statement of directors' responsibilities

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
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 judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
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. The directors 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.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:

----------------------------------
Mr A Sheibani
Director

Date approved: 27 May 2026

Comtek Network Systems (UK) Limited Accountants' Report For the year ended 30 August 2025
Report to the directors on the preparation of the unaudited statutory accounts of Comtek Network Systems (UK) Limited for the year ended 30 August 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Comtek Network Systems (UK) Limited for the year ended 30 August 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/. This report is made solely to the Board of Directors of Comtek Network Systems (UK) Limited, as a body, in accordance with the terms of our engagement letter dated 27 May 2026. Our work has been undertaken solely to prepare for your approval the accounts of Comtek Network Systems (UK) Limited and state those matters that we have agreed to state to the Board of Directors of Comtek Network Systems (UK) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Comtek Network Systems (UK) Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Comtek Network Systems (UK) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Comtek Network Systems (UK) Limited. You consider that Comtek Network Systems (UK) Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Comtek Network Systems (UK) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 30 August 2025. .................................................... Dove Marsh & Jones 1 Andromeda House Calleva Park Aldermaston Berkshire RG7 8AP 27 May 2026 3

Comtek Network Systems (UK) Limited
Accountants' Report
For the year ended 30 August 2025

Report to the directors on the preparation of the unaudited statutory accounts of Comtek Network Systems (UK) Limited for the year ended 30 August 2025.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Comtek Network Systems (UK) Limited for the year ended 30 August 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of Comtek Network Systems (UK) Limited, as a body, in accordance with the terms of our engagement letter dated 27 May 2026. Our work has been undertaken solely to prepare for your approval the accounts of Comtek Network Systems (UK) Limited and state those matters that we have agreed to state to the Board of Directors of Comtek Network Systems (UK) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Comtek Network Systems (UK) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Comtek Network Systems (UK) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Comtek Network Systems (UK) Limited. You consider that Comtek Network Systems (UK) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Comtek Network Systems (UK) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
30 August 2025.

....................................................
Dove Marsh & Jones
1 Andromeda House
Calleva Park
Aldermaston
Berkshire
RG7 8AP
27 May 2026

Comtek Network Systems (UK) Limited
Statement of Financial Position
As at 30 August 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	4	5,035,863	4,981,666
		5,035,863	4,981,666
Current assets
Stocks	5	790,276	626,212
Debtors	6	3,892,018	2,488,163
Cash at bank and in hand		(965,411)	(454,831)
		3,716,883	2,659,544
Creditors: amount falling due within one year	7	(1,601,934)	(1,235,178)
Net current assets		2,114,949	1,424,366

Total assets less current liabilities		7,150,812	6,406,032
Creditors: amount falling due after more than one year	8	(451,602)	(1,008,066)
Provisions for liabilities	9	(154,987)	(171,140)
Net assets		6,544,223	5,226,826

Capital and reserves
Called up share capital		29,475	29,475
Share premium account	10	2,775,526	2,775,526
Fair Value Reserves	11	4,266,982	4,115,148
Profit and loss account		(527,760)	(1,693,323)
Shareholders' funds		6,544,223	5,226,826

For the year ended 30 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 27 May 2026 and were signed on its behalf by:

-------------------------------
Mr A Sheibani
Director

Comtek Network Systems (UK) Limited
Notes to the Financial Statements
For the year ended 30 August 2025

General Information

Comtek Network Systems (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 05929974, registration address Unit 108, 10th Avenue, Deeside, Flintshire, CH5 2UA.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
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.
Current and deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment	25% Straight Line
Fixtures and Fittings	20% Reducing Balance
Land and Buildings	10% Straight Line
Plant and Machinery	20% Reducing Balance
Motor Vehicles	25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 49 (2024 : 46).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 31 August 2024	10,003	10,003
Additions	-	-
Disposals	-	-
At 30 August 2025	10,003	10,003
Amortisation
At 31 August 2024	10,003	10,003
Charge for year	-	-
On disposals	-	-
At 30 August 2025	10,003	10,003
Net book values
At 30 August 2025	-	-
At 30 August 2024	-	-

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£	£
At 31 August 2024	1,623,107	4,233,354	64,726	196,829	106,016	6,224,032
Additions	-	17,690	3,000	752	-	21,442
Disposals	-	-	-	-	-	-
Revaluations	-	151,835	-	-	-	151,835
At 30 August 2025	1,623,107	4,402,879	67,726	197,581	106,016	6,397,309
Depreciation
At 31 August 2024	923,785	-	59,521	171,245	87,815	1,242,366
Charge for year	103,464	-	2,051	6,584	6,981	119,080
On disposals	-	-	-	-	-	-
At 30 August 2025	1,027,249	-	61,572	177,829	94,796	1,361,446
Net book values
Closing balance as at 30 August 2025	595,858	4,402,879	6,154	19,752	11,220	5,035,863
Opening balance as at 31 August 2024	699,322	4,233,354	5,205	25,584	18,201	4,981,666

Revalued Assets

Plant and machinery principally contains complex, rare telecommunications laboratory equipment, which has been purchased by the company to test and repair telecommunications infrastructure equipment for clients. This has been acquired over many years and has been modified and enhanced in order to undertake complicated tests and repairs of mostly fibre optic based telecoms products. As this equipment is no longer in production and is very scarce, the value of the resale market is very high. The directors believe the size of the their laboratory test equipment portfolio makes them a market leader in their field and that traditional cost-based accounting does not reflect the true value. Plant and machinery has therefore been valued by the directors at the year-end date, initially by reference to the current resale value of advertised equipment. To reflect the fact that the market for this equipment is niche and can be slow-moving this value has then been discounted.

Original cost of this equipment is £809,637 (2024 £791,947).

Stocks

	2025 £		2024 £
Stocks	790,276		626,212
	790,276		626,212

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	1,280,767	1,431,194
Prepayments & Accrued Income	85,358	70,585
Other Debtors	2,439,992	977,380
VAT	85,901	9,004
	3,892,018	2,488,163

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	382,812	328,328
Bank Loans & Overdrafts (Secured)	428,250	95,821
Bank Loans & Overdrafts	16,785	17,816
PAYE & Social Security	46,782	41,963
Accrued Expenses	145,182	134,652
Other Creditors	112,255	84,068
Directors' Current Accounts	469,868	532,530
	1,601,934	1,235,178

Creditors: amount falling due after more than one year

	2025 £	2024 £
Bank Loans & Overdrafts (secured)	353,723	894,400
Bank Loans & Overdrafts	97,879	113,666
	451,602	1,008,066

Secured Debts

The bank loans and overdraft are secured by a debenture over the assets of the company and a legal charge over the companies Freehold Property.

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	154,987		171,140
	154,987		171,140

10.

Share premium account

	2025 £		2024 £
Equity Share Premium b/fwd	2,775,526		2,775,526
	2,775,526		2,775,526

11.

Fair Value Reserves

	2025 £	2024 £
Fair Value Reserve b/fwd	4,115,148	3,988,537
Fair Value Reserve	151,834	126,611
	4,266,982	4,115,148

Registered Number: 05929974
England and Wales
COMTEK NETWORK SYSTEMS (UK) LIMITED

Unaudited Financial Statements

Period of accounts Start date: 31 August 2024 End date: 30 August 2025