REGISTERED NUMBER: 04260822 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

UNITECH GROUP LEASING CO. LTD.

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

A M Imlah

M A J Street

SECRETARY:

M A J Street

REGISTERED OFFICE:

Unitech House

Prospect Road

Burntwood

Staffordshire

WS7 0AU

REGISTERED NUMBER:

04260822 (England and Wales)

AUDITORS:

TC Group, Statutory Auditor

1 Rushmills

Bedford Road

Northampton

Northamptonshire

NN4 7YB

FIXED ASSETS

Tangible assets

4

2,909,547

3,147,129

CURRENT ASSETS

Debtors

5

5,794

2,087

Cash at bank

98,770

42,249

104,564

44,336

CREDITORS

Amounts falling due within one year

6

945,430

1,032,465

NET CURRENT LIABILITIES

(840,866

)

(988,129

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,068,681

2,159,000

CREDITORS

Amounts falling due after more than one year

7

(1,360,319

)

(1,574,602

)

PROVISIONS FOR LIABILITIES

9

(258,227

)

(276,608

)

NET ASSETS

450,135

307,790

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

450,134

307,789

SHAREHOLDERS' FUNDS

450,135

307,790

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 14 July 2026 and were signed on its behalf by:

M A J Street - Director

A M Imlah - Director

1.	STATUTORY INFORMATION

Unitech Group Leasing Co. Ltd. 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.

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

-

20% on reducing balance

Motor vehicles

-

33% on cost, 25% on reducing balance, 20% on reducing balance and 10% on reducing balance

Plant and machinery is depreciated with a full charge in the year of addition and none in the year of disposal.

Motor vehicles are depreciated on a monthly basis starting at the month of acquisition to the month of disposal.

Classic vehicles are not depreciated on the basis that they are anticipated to appreciate in value over time.

Tangible fixed assets are initially recorded at cost and subsequently carried at cost less accumulated depreciation and accumulated impairment losses.

Financial instruments

Basic financial assets, including trade and other receivables and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Basic financial liabilities, including trade and other payables, and loans from fellow group companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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 tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

As at the point of authorising the accounts, and for the foreseeable future, the directors consider the going concern assumption to still be appropriate. The directors acknowledge that given the rapidly changing business and social environment, there are likely to be significant unknown factors which may present themselves. Such factors are considered by the directors to represent a general inherent level of risk in relation to the going concern assumption albeit not quantifiable at this time.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Classic

Plant and

Motor

vehicles

machinery

vehicles

Totals

£

£

£

£

COST

At 1 January 2025

579,859

1,214,306

4,250,262

6,044,427

Additions

-

326,787

422,530

749,317

Disposals

-

-

(223,360

)

(223,360

)

At 31 December 2025

579,859

1,541,093

4,449,432

6,570,384

DEPRECIATION

At 1 January 2025

109,178

572,033

2,216,087

2,897,298

Charge for year

4,821

173,055

809,023

986,899

Eliminated on disposal

-

-

(223,360

)

(223,360

)

At 31 December 2025

113,999

745,088

2,801,750

3,660,837

NET BOOK VALUE

At 31 December 2025

465,860

796,005

1,647,682

2,909,547

At 31 December 2024

470,681

642,273

2,034,175

3,147,129

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

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2025

575,000

3,364,843

3,939,843

Additions

273,493

422,531

696,024

Transfer to ownership

-

(738,553

)

(738,553

)

At 31 December 2025

848,493

3,048,821

3,897,314

DEPRECIATION

At 1 January 2025

130,333

1,397,410

1,527,743

Charge for year

122,875

786,006

908,881

Transfer to ownership

-

(738,553

)

(738,553

)

At 31 December 2025

253,208

1,444,863

1,698,071

NET BOOK VALUE

At 31 December 2025

595,285

1,603,958

2,199,243

At 31 December 2024

444,667

1,967,433

2,412,100

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

1,068

-

Prepayments

4,726

2,087

5,794

2,087

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

797,090

813,579

Amounts owed to group undertakings

60,042

118,985

Corporation tax

19,211

34,430

VAT

59,677

36,411

Other creditors

-

9,565

Accruals and deferred income

9,410

19,495

945,430

1,032,465

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

1,360,319

1,574,602

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

2,157,409

2,388,181

Hire purchase liabilities are secured against the assets to which they relate.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

258,227

276,608

Deferred

tax

£

Balance at 1 January 2025

276,608

Provided during year

(18,381

)

Balance at 31 December 2025

258,227

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

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

The Report of the Auditors was unqualified.

Emma Jones FCCA (Senior Statutory Auditor)

for and on behalf of TC Group, Statutory Auditor

12.	RELATED PARTY DISCLOSURES

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.

During the year, the company made sales of £791,706 (2024: £642,745) to non-wholly owned group companies and purchases of £nil (2024: £nil). Amounts owed from non-wholly owned group companies at the year ended totalled £1,068 (2024: £nil) and amounts owed to non-wholly owned group companies at the year end totalled £15,000 (2024:£nil).

13.	ULTIMATE CONTROLLING PARTY

The controlling party is Unitech Industries Limited.

The ultimate controlling party is A M Imlah.

Unitech Industries Limited prepares group financial statements and copies can be obtained from Unitech House, Prospect Road, Burntwood, Staffordshire, WS7 0AU.