REGISTERED NUMBER: 11576417 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Wire Technologies Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N B Barrowclough

J E Brooks

REGISTERED OFFICE:

Unit 5 Cirencester Estate

Esland Place

Love Lane

Cirencester

Glos

GL7 1YG

REGISTERED NUMBER:

11576417 (England and Wales)

ACCOUNTANTS:

Morley & Co (UK) Ltd

Chartered Certified Accountants,

2 Cricklade Court

Old Town

Swindon

Wiltshire

SN1 3EY

FIXED ASSETS

Intangible assets

4

119,201

111,037

Tangible assets

5

21,668

8,972

140,869

120,009

CURRENT ASSETS

Stocks

226,963

386,039

Debtors

6

2,372,148

152,610

Cash at bank and in hand

2,248,485

78,752

4,847,596

617,401

CREDITORS

Amounts falling due within one year

7

3,479,680

203,248

NET CURRENT ASSETS

1,367,916

414,153

TOTAL ASSETS LESS CURRENT LIABILITIES

1,508,785

534,162

CREDITORS

Amounts falling due after more than one year

8

(17,664

)

(354,489

)

PROVISIONS FOR LIABILITIES

(5,417

)

-

NET ASSETS

1,485,704

179,673

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1,485,703

179,672

1,485,704

179,673

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 July 2026 and were signed on its behalf by:

N B Barrowclough - Director

1.	STATUTORY INFORMATION

Wire Technologies 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Basic financial instruments

Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies 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.

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.

Hire purchase and leasing commitments

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 October 2024

113,525

Additions

10,570

At 30 September 2025

124,095

AMORTISATION

At 1 October 2024

2,488

Charge for year

2,406

At 30 September 2025

4,894

NET BOOK VALUE

At 30 September 2025

119,201

At 30 September 2024

111,037

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 October 2024

33,261

9,113

4,957

47,331

Additions

8,499

12,643

-

21,142

At 30 September 2025

41,760

21,756

4,957

68,473

DEPRECIATION

At 1 October 2024

25,086

9,112

4,161

38,359

Charge for year

6,172

1,580

694

8,446

At 30 September 2025

31,258

10,692

4,855

46,805

NET BOOK VALUE

At 30 September 2025

10,502

11,064

102

21,668

At 30 September 2024

8,175

1

796

8,972

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,132,881

36,493

Amounts owed by participating interests

-

1,318

Other debtors

-

2,419

Staff loans

11,750

-

Directors' current accounts

207,132

105,180

Prepayments

20,385

7,200

2,372,148

152,610

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

239,764

-

Trade creditors

1,421,974

141,326

Taxation and social security

1,814,283

45,114

Other creditors

3,659

16,808

3,479,680

203,248

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

17,664

27,420

Other creditors

-

327,069

17,664

354,489

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the director, N Barrowclough, owed £207,132 to the company by was of his directors loan. Interest has been charged at the HMRC beneficial loan rates on overdrawn balances during the year.