REGISTERED NUMBER: 03115749 (England and Wales)

KRISTEK (HOLDINGS) 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:

03115749 (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

1,284,842

1,387,463

Investments

5

99

99

1,284,941

1,387,562

CURRENT ASSETS

Debtors

6

3,000

3,190

Cash at bank

1,407

1,364

4,407

4,554

CREDITORS

Amounts falling due within one year

7

912,617

926,518

NET CURRENT LIABILITIES

(908,210

)

(921,964

)

TOTAL ASSETS LESS CURRENT LIABILITIES

376,731

465,598

CREDITORS

Amounts falling due after more than one year

8

(22,565

)

(57,482

)

PROVISIONS FOR LIABILITIES

(178,211

)

(196,411

)

NET ASSETS

175,955

211,705

CAPITAL AND RESERVES

Called up share capital

1,630

1,630

Revaluation reserve

10

104,164

104,164

Capital redemption reserve

134

134

Retained earnings

70,027

105,777

SHAREHOLDERS' FUNDS

175,955

211,705

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

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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

33% on cost, 25% on cost, 20% on reducing balance and 5% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

683,949

1,920,699

2,604,648

Additions

-

2,952

2,952

At 31 December 2025

683,949

1,923,651

2,607,600

DEPRECIATION

At 1 January 2025

181,153

1,036,032

1,217,185

Charge for year

12,162

93,411

105,573

At 31 December 2025

193,315

1,129,443

1,322,758

NET BOOK VALUE

At 31 December 2025

490,634

794,208

1,284,842

At 31 December 2024

502,796

884,667

1,387,463

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

and 31 December 2025

21,362

DEPRECIATION

At 1 January 2025

5,287

Charge for year

7,050

At 31 December 2025

12,337

NET BOOK VALUE

At 31 December 2025

9,025

At 31 December 2024

16,075

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 January 2025

and 31 December 2025

99

NET BOOK VALUE

At 31 December 2025

99

At 31 December 2024

99

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Other debtors

3,000

3,190

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Bank loans and overdrafts

29,200

27,143

Hire purchase contracts

5,000

6,341

Amounts owed to group undertakings

827,280

846,217

Taxation and social security

8,631

4,305

Other creditors

42,506

42,512

912,617

926,518

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/25

31/12/24

£

£

Bank loans

15,482

46,740

Hire purchase contracts

7,083

10,742

22,565

57,482

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/12/25

31/12/24

£

£

Bank loans

44,682

73,883

The company has three outstanding charges registered at Companies House. These charges relate to the mortgage on the property and a debenture. The borrowings have fixed and floating security over the property and are guaranteed by Kristek Precisions Limited, a related company.

10.

RESERVES

Revaluation

reserve

£

At 1 January 2025

and 31 December 2025

104,164

11.	RELATED PARTY DISCLOSURES

Included within creditors is an amount payable of £827,280 to Kristek Precisions Limited, a related group company.