Tek 4 Group 2022 Limited Filleted accounts for Companies House (small only)

COMPANY REGISTRATION NUMBER: 14027799

Tek 4 Group 2022 Limited

Filleted Financial Statements

31 March 2026

Tek 4 Group 2022 Limited

Consolidated Statement of Financial Position

31 March 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	826,375	736,735

Current assets

Stocks		5,134,474	5,822,547
Debtors	7	3,231,958	2,899,615
Cash at bank and in hand		2,018,421	2,785,745
		-------------	-------------
		10,384,853	11,507,907

Creditors: amounts falling due within one year	8	3,814,789	7,925,021
		-------------	-------------
Net current assets		6,570,064	3,582,886
		------------	------------
Total assets less current liabilities		7,396,439	4,319,621

Provisions	43,913	28,561
	------------	------------
Net assets	7,352,526	4,291,060
	------------	------------

Capital and reserves

Called up share capital	1,006,000	1,006,000
Profit and loss account	6,346,526	3,285,060
	------------	------------
Shareholders funds	7,352,526	4,291,060
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the consolidated income statement has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 15 June 2026 , and are signed on behalf of the board by:

Mr RN Womersley

Director

Company registration number: 14027799

Tek 4 Group 2022 Limited

Company Statement of Financial Position

31 March 2026

	2026	2025
Note	£	£

Fixed assets

Investments	6	7,347,750	7,347,750

Creditors: amounts falling due within one year	8	7,346,500	7,346,500
		------------	------------
Net current liabilities		7,346,500	7,346,500
		------------	------------
Total assets less current liabilities		1,250	1,250
		-------	-------
Net assets		1,250	1,250
		-------	-------

Capital and reserves

Called up share capital	1,006,000	1,006,000
Profit and loss account	( 1,004,750)	( 1,004,750)
	------------	------------
Shareholders funds	1,250	1,250
	------------	------------

The profit for the financial year of the parent company was £ 39,840 (2025: £ 143,518 loss).

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 15 June 2026 , and are signed on behalf of the board by:

Mr RN Womersley

Director

Company registration number: 14027799

Tek 4 Group 2022 Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Whittle Place, 15 Rose Way, Blaby, Leicester, LE8 4BY.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Disclosure exemptions

The parent company satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following reduced disclosures available under FRS 102:

(a) Disclosures in respect of each class of share capital have not been presented.

(b) No cash flow statement has been presented for the company.

(c) Disclosures in respect of financial instruments have not been presented.

(d) No disclosure has been given for the aggregate remuneration of key management personnel.

Consolidation

The financial statements consolidate the financial statements of Tek 4 Group 2022 Limited and all of its subsidiary undertakings.

The results of subsidiaries acquired or disposed of during the year are included from or to the date that control passes.

The parent company has applied the exemption contained in section 408 of the Companies Act 2006 and has not presented its individual profit and loss account.

Judgements and key sources of estimation uncertainty

There were no areas in which the preparation of the financial statements required management to make significant judgements or estimates aside from those dealt with separately below.

Revenue recognition

Revenue from long-term contracts is recognised using the stage of completion method. The stage of completion is determined by reference to costs incurred to date as a proportion of total estimated contract costs (cost-to-cost method). Where the outcome of a contract cannot be estimated reliably, revenue is recognised only to the extent that it is probable contract costs incurred will be recovered. When it is probable that total contract costs will exceed total contract revenue, the anticipated loss on the contract is recognised in full immediately as an expense in profit or loss. Losses are not deferred or spread over the remaining life of the contract.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Long leasehold property	-	5% straight line
Plant and machinery	-	12% straight line
Fixtures and fittings	-	20% straight line
Motor vehicles	-	25% straight line

	Equipment	-	25% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Work in progress represents the cost of machines that are partially complete at the balance sheet date. Work in progress is measured at the lower of cost and net realisable value in accordance with FRS 102. Where net realisable value is below cost, work in progress is written down accordingly. The amount of work in progress recognised at the balance sheet date is determined by reference to the percentage of completion of each machine, measured by costs incurred to date as a proportion of total expected costs to completion. Amounts recoverable on contracts are presented within trade and other receivables. These represent the excess of cumulative revenue recognised over cumulative payments received and billings raised. Payments on account are presented within trade and other payables where cumulative payments received and billings raised exceed cumulative revenue recognised. Amounts recoverable on contracts and payments on account are presented gross on a contract-by-contract basis and are not offset unless a legally enforceable right of set-off exists.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 59 (2025: 48 ).

5. Tangible assets

Group	Long leasehold property	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Apr 2025	647,994	374,138	13,924	222,878	150,375	1,409,309
Additions	–	121,132	450	102,275	16,653	240,510
Disposals	–	( 87,733)	( 543)	( 46,045)	( 87,442)	( 221,763)
	---------	---------	--------	---------	---------	------------
At 31 Mar 2026	647,994	407,537	13,831	279,108	79,586	1,428,056
	---------	---------	--------	---------	---------	------------
Depreciation
At 1 Apr 2025	184,299	238,842	5,701	125,626	118,106	672,574
Charge for the year	32,399	32,003	2,837	56,597	14,017	137,853
Disposals	–	( 75,565)	( 561)	( 45,271)	( 87,349)	( 208,746)
	---------	---------	--------	---------	---------	------------
At 31 Mar 2026	216,698	195,280	7,977	136,952	44,774	601,681
	---------	---------	--------	---------	---------	------------
Carrying amount
At 31 Mar 2026	431,296	212,257	5,854	142,156	34,812	826,375
	---------	---------	--------	---------	---------	------------
At 31 Mar 2025	463,695	135,296	8,223	97,252	32,269	736,735
	---------	---------	--------	---------	---------	------------

The company has no tangible assets.

6. Investments

The group has no investments.

Company	Shares in group undertakings
	£
Cost
At 1 April 2025 and 31 March 2026	7,347,750
	------------
Impairment
At 1 April 2025 and 31 March 2026	–
	------------

Carrying amount
At 1 April 2025 and 31 March 2026	7,347,750
	------------
At 31 March 2025	7,347,750
	------------

Subsidiaries, associates and other investments

Details of the investments in which the parent company has an interest of 20% or more are as follows:

	Class of share	Percentage of shares held
Subsidiary undertakings
Tek 4 Limited	Ordinary	100

The registered office of Tek 4 Limited is Whittle Place, 15 Rose Way, Blaby, Leicester, LE8 4BY. Tek 4 Limited owns the total share capital of Tek 4 Inc, a company with $1,000 share capital registered in the USA.

7. Debtors

	Group		Company
	2026	2025	2026	2025
	£	£	£	£
Trade debtors	2,662,793	2,361,653	–	–
Other debtors	569,165	537,962	–	–
	------------	------------	----	----
	3,231,958	2,899,615	–	–
	------------	------------	----	----

8. Creditors: amounts falling due within one year

	Group		Company
	2026	2025	2026	2025
	£	£	£	£
Trade creditors	872,998	1,284,967	–	–
Amounts owed to group undertakings and undertakings in which the company has a participating interest	–	–	7,306,660	4,046,247
Corporation tax	348,709	163,354	–	–
Social security and other taxes	80,658	100,544	–	–
Other creditors	2,512,424	6,376,156	39,840	3,300,253
	------------	------------	------------	------------
	3,814,789	7,925,021	7,346,500	7,346,500
	------------	------------	------------	------------

9. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	Group		Company
	2026	2025	2026	2025
	£	£	£	£
Not later than 1 year	150,000	150,000	–	–
Later than 1 year and not later than 5 years	600,000	600,000	–	–
Later than 5 years	1,275,000	1,562,500	–	–
	------------	------------	----	----
	2,025,000	2,312,500	–	–
	------------	------------	----	----

10. Summary audit opinion

The auditor's report dated 15 June 2026 was qualified on the following basis:

We were appointed as auditors of the company and group on 15 January 2026. The accounts for the year ended 31 March 2025 were not audited. Consequently,the opening balances as at 1 April 2025 and the comparative figures for the year ended 31 March 2025 were not audited. We were unable to obtain sufficient appropriate audit evidence regarding the opening balances due to inadequate supporting documentation. Consequently, we were unable to determine whether any adjustments were necessary in respect of the opening statement of financial position as at 1 April 2025 or to the income statement for the year ended 31 March 2026. The senior statutory auditor was Andrew Wheatcroft BFP ACA FCCA , for and on behalf of Versant Associates LLP .

11. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company and its subsidiary undertakings:

	2026
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr RN Womersley	–	–	( 39,840)	( 39,840)
Mr JE Duffin	( 1,998)	95,752	( 93,754)	–
	-------	--------	---------	--------
	( 1,998)	95,752	( 133,594)	( 39,840)
	-------	--------	---------	--------

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr RN Womersley	–	–	–	–
Mr JE Duffin	144	6,426	( 8,568)	( 1,998)
	----	-------	-------	-------
	144	6,426	( 8,568)	( 1,998)
	----	-------	-------	-------

12. Related party transactions

Group

During the year subsidiary companies provided an interest free loan repayable on demand to a company with common directors and mutual shareholder. The amount due at the balance sheet date is £60,000 (2025: £nil), this is included within other debtors.