REGISTERED NUMBER: 07814765 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Tenacore UK Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

R W Banks

REGISTERED OFFICE:

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

REGISTERED NUMBER:

07814765 (England and Wales)

ACCOUNTANTS:

GREGORY WILDMAN

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

FIXED ASSETS

Tangible assets

4

127,213

7,432

CURRENT ASSETS

Stocks

5

210,919

196,289

Debtors

6

597,617

414,834

Cash at bank

128,067

15,515

936,603

626,638

CREDITORS

Amounts falling due within one year

7

425,206

403,223

NET CURRENT ASSETS

511,397

223,415

TOTAL ASSETS LESS CURRENT LIABILITIES

638,610

230,847

CREDITORS

Amounts falling due after more than one year

8

(195,640

)

(4,940

)

PROVISIONS FOR LIABILITIES

(13,985

)

(1,613

)

NET ASSETS

428,985

224,294

CAPITAL AND RESERVES

Called up share capital

10

150

150

Capital redemption reserve

850

850

Retained earnings

427,985

223,294

SHAREHOLDERS' FUNDS

428,985

224,294

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 22 June 2026 and were signed by:

R W Banks - Director

1.	STATUTORY INFORMATION

Tenacore 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.

There were no material departures from that standard.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, usually on dispatch of goods, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measure reliably.

Tangible fixed assets

Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives as follows:

Fixtures and fittings - 20% reducing balance

Computer equipment - 33% 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 Income Statement, 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 statement of financial position date.

Deferred tax

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are charged to profit and loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

-

4,857

16,205

21,062

Additions

70,499

51,709

1,623

123,831

At 31 December 2025

70,499

56,566

17,828

144,893

DEPRECIATION

At 1 January 2025

-

1,270

12,360

13,630

Charge for year

1,036

1,243

1,771

4,050

At 31 December 2025

1,036

2,513

14,131

17,680

NET BOOK VALUE

At 31 December 2025

69,463

54,053

3,697

127,213

At 31 December 2024

-

3,587

3,845

7,432

5.

STOCKS

31.12.25

31.12.24

£

£

Stock

210,919

196,289

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

286,112

189,068

Due from associated companies

247,608

182,423

Other debtors

5,592

2,884

Directors' current accounts

34,998

22,862

Prepayments and accrued income

23,307

17,597

597,617

414,834

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

61,817

9,446

Other loans

-

77,009

Trade creditors

162,924

124,198

Tax

90,626

68,133

Social security and other taxes

14,386

9,313

VAT

82,031

82,219

Other creditors

3,198

22,845

Pension

1,698

1,353

Accrued expenses

8,526

8,707

425,206

403,223

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans - 1-5 years

195,640

4,940

9.	SECURED DEBTS

There is a debenture dated 3rd October 2025 including a fixed and floating charge on all property and undertaking of the company given to the company by Lloyds Bank PLC.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

150

Ordinary

£1

150

150

11.	RELATED PARTY DISCLOSURES

The amount outstanding at the year end due from Lose Big Holdings Limited, an associated company was, £4,787 (2024 - £2,787)

The amount outstanding at the year end due from Tenacore GMBH, an associated company was, £130,072 (2024 - £122,726)

The amount outstanding at the year end due from Tenacore PTY, an associated company was, £113,287 (2024 - 54,910)

The amount outstanding at the year end due from Kick IT (MK) Limited, a company in which the director has a participating interest, was, £1,462 (2024 - Nil)

The amount outstanding from Mr R Banks was, £34,998 (2024 - £22,862).

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tenacore UK Limited for the year ended 31 December 2025 which comprise the Income Statement, Statement of Financial Position, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Tenacore UK Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tenacore UK Limited and state those matters that we have agreed to state to the director of Tenacore UK Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tenacore UK Limited and its director for our work or for this report.

It is your duty to ensure that Tenacore UK Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Tenacore UK Limited. You consider that Tenacore 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 financial statements of Tenacore 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 financial statements.

GREGORY WILDMAN

The Granary

Crowhill Farm

Ravensden Road

Wilden

Bedfordshire

MK44 2QS

22 June 2026