REGISTERED NUMBER: 02125618 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

SARABEC LIMITED

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

43,019

48,754

43,019

48,754

CURRENT ASSETS

Stocks

288,433

270,072

Debtors

148,837

247,938

Cash at bank and in hand

49,503

9,682

486,773

527,692

CREDITORS

Amounts falling due within one year

192,294

224,836

NET CURRENT ASSETS

294,479

302,856

TOTAL ASSETS LESS CURRENT LIABILITIES

337,498

351,610

CREDITORS

Amounts falling due after more than one year

-

(14,000

)

PROVISIONS FOR LIABILITIES

(10,755

)

(12,189

)

NET ASSETS

326,743

325,421

CAPITAL AND RESERVES

Called up share capital

3,000

3,000

Retained earnings

323,743

322,421

326,743

325,421

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 12 May 2026 and were signed on its behalf by:

Mr J R S Swindale - Director

1.	STATUTORY INFORMATION

Sarabec Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

02125618

Registered office:

15c High Force Road

Riverside Park Industrial Estate

Middlesbrough

TS2 1RH

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

Turnover is recognised at the fair value of the consideration received or receivable for sale of goods, and is shown net of VAT.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

20% on cost and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

and 31 December 2025

400,000

AMORTISATION

At 1 January 2025

and 31 December 2025

400,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

274,538

Additions

4,745

At 31 December 2025

279,283

DEPRECIATION

At 1 January 2025

225,784

Charge for year

10,480

At 31 December 2025

236,264

NET BOOK VALUE

At 31 December 2025

43,019

At 31 December 2024

48,754

6.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

7,700

3,345

Between one and five years

11,550

-

19,250

3,345

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Donald Adams (Senior Statutory Auditor)

for and on behalf of Baines Jewitt Limited

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Sicklinger Holding GmbH, a company registered in Germany.