Company registration number 03866623 (England and Wales)
DIETEC PRECISION ENGINEERING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
DIETEC PRECISION ENGINEERING LIMITED
COMPANY INFORMATION
Directors
Mr M Page
Mr F A Page
(Appointed 28 May 2025)
Mr Z M Page
(Appointed 28 May 2025)
Company number
03866623
Registered office
Upper Interfields
Malvern
Worcestershire
WR14 1UT
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
National Westminster Bank Plc
1 The Cross
Worcester
Worcestershire
WR1 3PR
DIETEC PRECISION ENGINEERING LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 8
DIETEC PRECISION ENGINEERING LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DIETEC PRECISION ENGINEERING LIMITED FOR THE YEAR ENDED 31 MARCH 2026
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dietec Precision Engineering Limited for the year ended 31 March 2026 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Dietec Precision Engineering Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Dietec Precision Engineering Limited and state those matters that we have agreed to state to the b oard of d irectors of Dietec Precision Engineering Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dietec Precision Engineering Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Dietec Precision Engineering Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dietec Precision Engineering Limited. You consider that Dietec Precision Engineering Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Dietec Precision Engineering Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

Ormerod Rutter Limited
29 June 2026
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
DIETEC PRECISION ENGINEERING LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 2 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
199,734
50,989
Current assets
Stocks
5,147
6,384
Debtors
4
90,996
207,525
Cash at bank and in hand
98,368
-
0
194,511
213,909
Creditors: amounts falling due within one year
5
(196,134)
(229,194)
Net current liabilities
(1,623)
(15,285)
Total assets less current liabilities
198,111
35,704
Creditors: amounts falling due after more than one year
6
(114,827)
-
0
Provisions for liabilities
8
(45,475)
(12,609)
Net assets
37,809
23,095
Capital and reserves
Called up share capital
9
108
106
Profit and loss reserves
37,701
22,989
Total equity
37,809
23,095

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

DIETEC PRECISION ENGINEERING LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 29 June 2026 and are signed on its behalf by:
Mr F A Page
Mr Z M Page
Director
Director
Company registration number 03866623 (England and Wales)
DIETEC PRECISION ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
1
Accounting policies
Company information

Dietec Precision Engineering Limited is a private company limited by shares incorporated in England and Wales. The registered office is Upper Interfields, Malvern, Worcestershire, WR14 1UT.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
25% on reducing balance
Fixtures and fittings
25% on reducing balance
Motor vehicles
25% on reducing balance
1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

DIETEC PRECISION ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 5 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.8
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
7
7
DIETEC PRECISION ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -
3
Tangible fixed assets
Plant and machinery
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
Cost
At 1 April 2025
369,913
50,831
9,500
430,244
Additions
142,475
671
21,750
164,896
At 31 March 2026
512,388
51,502
31,250
595,140
Depreciation and impairment
At 1 April 2025
327,195
47,904
4,156
379,255
Depreciation charged in the year
12,552
903
2,696
16,151
At 31 March 2026
339,747
48,807
6,852
395,406
Carrying amount
At 31 March 2026
172,641
2,695
24,398
199,734
At 31 March 2025
42,718
2,927
5,344
50,989
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
89,502
205,670
Other debtors
1,494
1,855
90,996
207,525
5
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
-
0
10,752
Trade creditors
7,724
12,784
Amounts owed to group undertakings
58,734
146,316
Taxation and social security
17,342
53,362
Other creditors
112,334
5,980
196,134
229,194
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Other creditors
114,827
-
0
DIETEC PRECISION ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 7 -
7
Secured debts
The following secured debts are included within creditors:
2026
2025
£
£
Hire purchase contracts
169,441
-
Bank overdrafts
-
0
10,752
169,441
10,752
Hire purchase contracts are secured against the assets to which they relate.
8
Provisions for liabilities
2026
2025
£
£
Deferred tax liabilities
45,475
12,609
9
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A of £1 each
78
102
78
102
Ordinary B of £1 each
13
3
13
3
Ordinary C of £1 each
13
1
13
1
Ordinary D of £1 each
4
0
4
-
0
108
106
108
106

During the year, the company underwent a share reorganisation.

The company issued 2 Ordinary A £1 shares via a bonus issue.

Subsequently, the company then passed an ordinary resolution by reclassifying 3 Ordinary B £1 shares into 3 Ordinary D £1 shares, 1 Ordinary C £1 shares into 1 Ordinary D £1 shares and 26 Ordinary A £1 shares into 13 Ordinary B £1 shares and 13 Ordinary C £1 shares. 4 Ordinary D £1 shares have no voting or dividends rights as a result of this restructure.

10
Related party transactions

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.

DIETEC PRECISION ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 8 -
11
Control

Ultimate parent company

The ultimate parent company is Dietec (Malvern) Limited, a company registered in England and Wales.

Ultimate controlling party

The ultimate controlling party is Mr M Page, by virtue of his controlling interest in the ultimate parent company.

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