REGISTERED NUMBER: 10698160 (England and Wales)

HUMBEL GEARTEC (UK) LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

H Badertscher

U Humbel

REGISTERED OFFICE:

Vernon House

40 New North Road

Huddersfield

West Yorkshire

HD1 5LS

REGISTERED NUMBER:

10698160 (England and Wales)

AUDITORS:

SMH Sheards Audit Limited

Statutory Auditors

Vernon House

40 New North Road

Huddersfield

West Yorkshire

HD1 5LS

FIXED ASSETS

Tangible assets

4

82

102

CURRENT ASSETS

Debtors

5

101,546

74,032

Cash at bank

4,538

4,104

106,084

78,136

CREDITORS

Amounts falling due within one year

6

(42,225

)

(17,213

)

NET CURRENT ASSETS

63,859

60,923

TOTAL ASSETS LESS CURRENT LIABILITIES

63,941

61,025

CAPITAL AND RESERVES

Called up share capital

20,000

20,000

Retained earnings

43,941

41,025

SHAREHOLDERS' FUNDS

63,941

61,025

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 Board of Directors and authorised for issue on 8 June 2026 and were signed on its behalf by:

H Badertscher - Director

U Humbel - Director

1.	STATUTORY INFORMATION

Humbel Geartec (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised on commissions due, included in the financial statements on an accrual basis.

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

-

33% on cost and 20% on reducing balance

Financial instruments

Financial instruments are recognised when the company becomes a party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debors, amounts owed by group undetakings and cash and bank balances, are initially measured at transaction price including transaction costs. Financial assets are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event accruing after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

854

DEPRECIATION

At 1 January 2025

752

Charge for year

20

At 31 December 2025

772

NET BOOK VALUE

At 31 December 2025

82

At 31 December 2024

102

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

93,780

67,677

Other debtors

7,766

6,355

101,546

74,032

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

15,392

-

Taxation and social security

640

1,212

Other creditors

26,193

16,001

42,225

17,213

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

The Report of the Auditors was unqualified.

Kevin Winterburn FCA (Senior Statutory Auditor)

for and on behalf of SMH Sheards Audit Limited

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Humbel Zahnräder AG.

The ultimate controlling party is U Humbel.

Humbel Zahnräder AG is the ultimate parent company, and this company prepares the consolidated financial statements for the group of companies including Humbel Geartec (UK) Ltd.

The parent company address is:

Oberfeldstrasse 9

CH-9214 Kradolf

Switzerland

Urs Humbel is the ultimate controlling party by virtue of his controlling interest in the share capital of the parent company.