REDETEC LIMITED


Directors	HOPWOOD, Cameron
	HOPWOOD, Oliver


Registered Address	Unit 24 Berkeley Business Park
	Turner Street
	Ashton-Under-Lyne
	OL6 8LB


Registered Number	06399133 (England and Wales)

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Defined contribution pension plan
	The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in other creditors in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. 

Contributions to defined contribution plans are expensed in the period to which they relate.  Amounts not paid are shown in other creditors in the Statement of Financial Position.  The assets of the plan are held separately from the company in independently administered funds.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

	Current taxation
	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
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	10
Plant and machinery	25	-
Fixtures and fittings	25	-
Vehicles	25	-
Office Equipment	25	-

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the Statement of Financial Position. They are depreciated over the shorter of their useful lives or the term of the lease. All other lease arrangements are classified as an operating lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Income Statement.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	8		8

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 January 25	550,000	550,000
At 31 December 25	550,000	550,000
Amortisation and impairment
At 01 January 25	550,000	550,000
At 31 December 25	550,000	550,000
Net book value
At 31 December 25	-	-
At 31 December 24	-	-

4.	Useful life of intangible assets
	Intangible assets are not permitted to have an indefinite life and must be amortised over their estimated useful life. The estimated useful life of Trademarks and Development costs have been set at 20 years and 5 years respectively. The assets have been amortised on a straight-line basis over these periods and due to impairment of these assets in the previous year, there will be no further charge.

Useful life of intangible assets

Intangible assets are not permitted to have an indefinite life and must be amortised over their estimated useful life. The estimated useful life of Trademarks and Development costs have been set at 20 years and 5 years respectively. The assets have been amortised on a straight-line basis over these periods and due to impairment of these assets in the previous year, there will be no further charge.

5.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 January 25	6,106	7,177	211,012	14,402	238,697
Additions	1,288	3,380	90,000	11,740	106,408
At 31 December 25	7,394	10,557	301,012	26,142	345,105
Depreciation and impairment
At 01 January 25	4,292	5,177	59,891	11,812	81,172
Charge for year	649	1,102	54,655	3,335	59,741
At 31 December 25	4,941	6,279	114,546	15,147	140,913
Net book value
At 31 December 25	2,453	4,278	186,466	10,995	204,192
At 31 December 24	1,814	2,000	151,121	2,590	157,525

6.	Stocks

	2025	2024
	£	£
Raw materials and consumables	425,132	232,716
Total	425,132	232,716

7.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	78,652	116,046
Other debtors	75,156	838
Prepayments and accrued income	45,785	10,207
Total	199,593	127,091

8.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	51,152	39,439
Bank borrowings and overdrafts	46,557	68,963
Taxation and social security	135,621	208,651
Finance lease and HP contracts	7,909	11,299
Other creditors	848	944
Accrued liabilities and deferred income	1,198,712	28,285
Total	1,440,799	357,581


	Hire purchase liabilities totalling £7,909 (2024 - £11,299) are included within finance lease and HP contracts. These liabilities are secured on the assets to which they relate.

9.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	46,244
Other creditors	12,314	19,944
Total	12,314	66,188


	Hire purchase liabilities totalling £12,314 (2024 - £19,944) are included within other creditors. These liabilities are secured on the assets to which they relate.

10.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	51,000	39,400
Total	51,000	39,400

11.	Capital commitments
	At the reporting date the company had capital commitments contracted for but not provided for in these financial statements of £13,581 (2024 - £nil)

12.	Directors advances, credits and guarantees
	During the year a director had a loan account with the company. The director was advanced £20,376 and repaid £nil. At the balance sheet date the director owed the company £20,376 (2024 - £nil). Interest has been charged on this loan at the HMRC official rate. The loan is unsecured and repayable on demand.

13.	Related party transactions
	During the year, the company provided a loan of £52,980 to another company of which a director is also a director. The balance of £52,980 (2024 - £nil) remains outstanding at the balance sheet date.

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	5		204,192		157,525
			204,192		157,525
Current assets
Stocks	6	425,132		232,716
Debtors	7	199,593		127,091
Cash at bank and on hand		1,460,345		387,225
		2,085,070		747,032
Creditors amounts falling due within one year	8	(1,440,799)		(357,581)
Net current assets (liabilities)			644,271		389,451
Total assets less current liabilities			848,463		546,976
Creditors amounts falling due after one year	9		(12,314)		(66,188)
Provisions for liabilities	10		(51,000)		(39,400)
Net assets			785,149		441,388
Capital and reserves
Called up share capital			100		100
Profit and loss account			785,049		441,288
Shareholders' funds			785,149		441,388