REGISTERED NUMBER: 13794679 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

IMS Robotics UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M I Douglas

S O Tucker

REGISTERED OFFICE:

8 Overland Park

Gelderd Road

Leeds

West Yorkshire

LS27 7FE

REGISTERED NUMBER:

13794679 (England and Wales)

AUDITORS:

KJA Kilner Johnson Ltd (Statutory Auditors)

Woodland House

Woodland Park

Bradford Road

Cleckheaton

BD19 6BW

FIXED ASSETS

Owned

Tangible assets

4

2,004,603

1,308,312

Right-of-use

Tangible assets

4, 9

883,562

36,775

Investments

5

701

1

2,888,866

1,345,088

CURRENT ASSETS

Stocks

586,355

234,673

Debtors

6

1,603,923

635,907

Cash at bank and in hand

647,845

726,450

2,838,123

1,597,030

CREDITORS

Amounts falling due within one year

7

1,727,167

1,123,687

NET CURRENT ASSETS

1,110,956

473,343

TOTAL ASSETS LESS CURRENT LIABILITIES

3,999,822

1,818,431

CREDITORS

Amounts falling due after more than one year

8

(781,894

)

(27,168

)

PROVISIONS FOR LIABILITIES

10

(532,766

)

(331,793

)

NET ASSETS

2,685,162

1,459,470

CAPITAL AND RESERVES

Called up share capital

100

101

Retained earnings

2,685,062

1,459,369

2,685,162

1,459,470

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 21 July 2026 and were signed on its behalf by:

M I Douglas - Director

S O Tucker - Director

1.	STATUTORY INFORMATION

IMS Robotics 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.

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 - Over the term of the lease

Plant and machinery etc - 25% on cost and 20% 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 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Leases

Leases are recognised as finance leases. The lease liability is initially recognised at the present value of the lease payments which have not yet been made and subsequently measured under the amortised cost method. The initial cost of the right-of-use asset comprises the amount of the initial measurement of the lease liability, lease payments made prior to the lease commencement date, initial direct costs and the estimated costs of removing or dismantling the underlying asset per the conditions of the contract.

Where ownership of the right-of-use asset transfers to the lessee at the end of the lease term, the right-of-use asset is depreciated over the asset’s remaining useful life. If ownership of the right-of-use asset does not transfer to the lessee at the end of the lease term, depreciation is charged over the shorter of the useful life of the right-of-use asset and the lease term.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Short

to

Plant and

leasehold

property

machinery

£

£

£

COST

At 1 January 2025

-

7,525

1,709,658

Additions

613,968

-

1,246,230

Disposals

-

-

(37,249

)

At 31 December 2025

613,968

7,525

2,918,639

DEPRECIATION

At 1 January 2025

-

4,353

489,554

Charge for year

61,397

1,610

436,106

Eliminated on disposal

-

-

(19,262

)

At 31 December 2025

61,397

5,963

906,398

NET BOOK VALUE

At 31 December 2025

552,571

1,562

2,012,241

At 31 December 2024

-

3,172

1,220,104

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 January 2025

18,430

179,270

1,914,883

Additions

168,165

133,688

2,162,051

Disposals

-

-

(37,249

)

At 31 December 2025

186,595

312,958

4,039,685

DEPRECIATION

At 1 January 2025

9,742

66,147

569,796

Charge for year

37,608

64,265

600,986

Eliminated on disposal

-

-

(19,262

)

At 31 December 2025

47,350

130,412

1,151,520

NET BOOK VALUE

At 31 December 2025

139,245

182,546

2,888,165

At 31 December 2024

8,688

113,123

1,345,087

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2025

1

Additions

700

At 31 December 2025

701

NET BOOK VALUE

At 31 December 2025

701

At 31 December 2024

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,466,096

579,262

Amounts owed by group undertakings

63,212

-

Other debtors

74,615

56,645

1,603,923

635,907

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Leases (see note 9)

139,399

7,697

Trade creditors

180,526

341,371

Amounts owed to group undertakings

845,064

156,121

Taxation and social security

473,764

453,092

Other creditors

88,414

165,406

1,727,167

1,123,687

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Leases (see note 9)

781,894

27,168

Amounts falling due in more than five years:

Repayable by instalments

Finance leases

320,941

-

9.

LEASING

Right-of-use assets

Lease Liabilities

2025£

Within 1 year

164,957

Between 1 and 2 years

164,957

Between 2 and 5 years

427,705

More than 5 years

382,861

Total undiscounted lease liabilities

1,140,479

Less: future finance costs

(326,055

)

Total lease liabilities

814,423

The company early adopted the Periodic Review 2024 amendments to FRS 102 relating to lease accounting with effect from 1 January 2025. The amendments were adopted using the modified retrospective approach and comparative information has not been restated.

On transition, lease liabilities of £859,825 were recognised, measured at the present value of remaining lease payments discounted at the company’s incremental borrowing rate.. Right-of-use assets of £859,825 were recognised at transition.

The company applied the practical expedient to measure right-of-use assets at an amount equal to the related lease liabilities adjusted for accrued and prepaid lease payments.

Lease liabilities

Minimum lease payments fall due as follows:

2025

2024

£

£

Gross obligations repayable:

Within one year

222,448

10,970

Between one and five years

652,036

27,428

In more than five years

382,861

-

1,257,345

38,398

Finance charges repayable:

Within one year

83,049

3,273

Between one and five years

191,083

260

In more than five years

61,920

-

336,052

3,533

Net obligations repayable:

Within one year

139,399

7,697

Between one and five years

460,953

27,168

In more than five years

320,941

-

921,293

34,865

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

532,766

331,793

Deferred

tax

£

Balance at 1 January 2025

331,793

Provided during year

200,973

Balance at 31 December 2025

532,766

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

The Report of the Auditors was unqualified.

Raza Effendi MBA FCA (Senior Statutory Auditor)

for and on behalf of KJA Kilner Johnson Ltd (Statutory Auditors)

12.	RELATED PARTY DISCLOSURES

The company has not taken advantage of the exemption permitted by Section 33 of FRS 102 in respect of related party disclosures.

Transactions and balances with fellow subsidiaries

During the year, sales to fellow subsidiaries amounted to £68,494 and purchases amounted to £536,149. At the reporting date, the balance due from fellow subsidiaries amounted to £63,211, while the amount due to fellow subsidiaries amounted to £9,775. The balances are unsecured, interest free, and settled on normal commercial terms.

Transactions and balances with the parent company

During the year, the company made purchases from its parent undertaking totalling £4,210,336. At the reporting date, the balance due to the parent undertaking is £835,888. The balance is unsecured, interest free and settled on normal commercial terms.

13.	ULTIMATE CONTROLLING PARTY

The controlling party is IMS Verwaltungs GmbH.

The parent undertaking for which group accounts are drawn up is IMS Verwaltungs GmbH of Am Bauhof 6, 01458 Ottendorf-Okrilla, Germany.