REGISTERED NUMBER: 02034933 (England and Wales)

KRISTEK PRECISION LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P C Hellyer

B P Hellyer

SECRETARY:

P C Hellyer

REGISTERED OFFICE:

Pegasus Way

Bowerhill Trading Estate

Melksham

Wiltshire

SN12 6TR

REGISTERED NUMBER:

02034933 (England and Wales)

ACCOUNTANT:

Clear Vision Accountancy Limited

1 Abacus House

Newlands Road

Corsham

Wiltshire

SN13 0BH

BANKERS:

HSBC Bank Plc

2 Market Place

Chippenham

Wiltshire

SN15 3HE

FIXED ASSETS

Tangible assets

4

25,170

26,663

CURRENT ASSETS

Stocks

157,479

160,095

Debtors

5

1,000,429

1,217,322

Cash at bank and in hand

16,304

39,255

1,174,212

1,416,672

CREDITORS

Amounts falling due within one year

6

277,156

433,548

NET CURRENT ASSETS

897,056

983,124

TOTAL ASSETS LESS CURRENT LIABILITIES

922,226

1,009,787

CREDITORS

Amounts falling due after more than one year

7

(3,622

)

(14,000

)

PROVISIONS FOR LIABILITIES

(6,293

)

(6,666

)

NET ASSETS

912,311

989,121

CAPITAL AND RESERVES

Called up share capital

99

99

Retained earnings

912,212

989,022

SHAREHOLDERS' FUNDS

912,311

989,121

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 directors acknowledge their 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 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 22 June 2026 and were signed on its behalf by:

B P Hellyer - Director

P C Hellyer - Director

1.	STATUTORY INFORMATION

Kristek Precision 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.

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 represents net invoiced sales of goods and services, excluding value added tax and trade discounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

5% 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The directors have assessed whether the company is a going concern and have considered all available information about the future and are confident of the company's ability to continue as a going concern.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

29,830

DEPRECIATION

At 1 January 2025

3,167

Charge for year

1,493

At 31 December 2025

4,660

NET BOOK VALUE

At 31 December 2025

25,170

At 31 December 2024

26,663

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2025

53,660

Transfer to ownership

(26,830

)

At 31 December 2025

26,830

DEPRECIATION

At 1 January 2025

6,260

Charge for year

1,342

Transfer to ownership

(3,130

)

At 31 December 2025

4,472

NET BOOK VALUE

At 31 December 2025

22,358

At 31 December 2024

47,400

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade debtors

169,781

365,387

Amounts owed by group undertakings

827,280

846,217

Other debtors

3,368

5,718

1,000,429

1,217,322

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Bank loans and overdrafts

33,404

10,117

Hire purchase contracts

4,829

4,829

Trade creditors

45,741

147,465

Taxation and social security

92,463

60,373

Other creditors

100,719

210,764

277,156

433,548

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/25

31/12/24

£

£

Bank loans

-

5,548

Hire purchase contracts

3,622

8,452

3,622

14,000

8.	SECURED DEBTS

The company has four outstanding charges registered at Companies House. These charges relate to borrowings within Kristek (Holdings) Limited, a related company, and represent cross-guarantees. The company has no direct borrowings under these facilities.

9.	RELATED PARTY DISCLOSURES

Included within debtors is an amount receivable of £827,280 from Kristek (Holdings) Limited, a related group company.

The immediate and ultimate controlling company is Kristek (Holdings) Limited.