REGISTERED NUMBER: 07610288 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

KRYTECH LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Wrench

REGISTERED OFFICE:

C/O TC Thompson Taraz Rand

Suite 20, New Cambridge House

Bassingbourn Road

Litlington

Cambridgeshire

SG8 0SS

BUSINESS ADDRESS:

Florida House

7 Acorn Drive

Gayton

Kings Lynn

Norfolk

PE32 1XG

REGISTERED NUMBER:

07610288 (England and Wales)

ACCOUNTANTS:

TC Group

1st Floor

5-7 Portugal Place

Cambridge

Cambridgeshire

CB5 8AF

FIXED ASSETS

Tangible assets

5

90,596

99,564

CURRENT ASSETS

Debtors

6

741,452

255,670

Cash and cash equivalents

530

638

741,982

256,308

CREDITORS

Amounts falling due within one year

7

(762,561

)

(290,031

)

NET CURRENT LIABILITIES

(20,579

)

(33,723

)

TOTAL ASSETS LESS CURRENT LIABILITIES

70,017

65,841

CREDITORS

Amounts falling due after more than one year

8

(283,169

)

(86,270

)

PROVISIONS FOR LIABILITIES

10

(22,649

)

(24,891

)

NET LIABILITIES

(235,801

)

(45,320

)

CAPITAL AND RESERVES

Called up share capital

11

2

2

Retained earnings

(235,803

)

(45,322

)

SHAREHOLDERS' FUNDS

(235,801

)

(45,320

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 July 2026 and were signed by:

A Wrench - Director

1.	STATUTORY INFORMATION

Krytech 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the provision of services and represents sales and marketing services along with management consultancy excluding value added tax. Turnover is calculated as that proportion of total contract value as a percentage of contact completion were the right to consideration has been earnt.

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 etc

-

25% on cost and 20% on reducing balance

Financial instruments

Basic financial assets and liabilities, including trade and other debtors, amounts owed by directors, cash and bank balances, borrowings and trade and other creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, in which case they are measured at the present value of future receipts or payments discounted at a market rate of interest.

Basic financial assets and liabilities are subsequently measured at amortised cost. At each reporting date, financial assets measured at cost or amortised cost are assessed for objective evidence of impairment. Any impairment loss is recognised immediately in profit or loss and reversed if the impairment decreases and the reversal can be objectively related to an event occurring after recognition of the impairment.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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

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.

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.

Going concern

The company incurred a loss of £163,299 during the year and at 30 June 2025 had net current liabilities of £20,579 and net liabilities of £235,801. The directors have prepared forecasts and cash-flow projections covering a period of at least twelve months from the date of approval of these financial statements and have considered the availability of finance, the timing of settlement of liabilities and the recoverability of amounts owed by directors.

On the basis of those forecasts and the support and funding arrangements available to the company, the directors consider that the company will have sufficient resources to meet its liabilities as they fall due and have therefore prepared the financial statements on the going concern basis. This conclusion and any reference to support or funding arrangements must be confirmed against written evidence before approval.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

152,472

Additions

3,180

At 30 June 2025

155,652

DEPRECIATION

At 1 July 2024

52,908

Charge for year

12,148

At 30 June 2025

65,056

NET BOOK VALUE

At 30 June 2025

90,596

At 30 June 2024

99,564

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

Plant and

machinery

etc

£

COST

At 1 July 2024

and 30 June 2025

112,575

DEPRECIATION

At 1 July 2024

18,728

Charge for year

9,364

At 30 June 2025

28,092

NET BOOK VALUE

At 30 June 2025

84,483

At 30 June 2024

93,847

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

741,452

255,670

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

24,115

24,251

Hire purchase contracts

17,705

16,527

Taxation and social security

222,667

183,966

Other creditors

498,074

65,287

762,561

290,031

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

9,345

Hire purchase contracts

59,220

76,925

Other creditors

223,949

-

283,169

86,270

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

87,509

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

14,710

14,429

Bank loans

9,405

19,167

Hire purchase contracts

76,925

93,452

101,040

127,048

During the year under review a fixed and floating charge remained outstanding in favour of the company's bankers by way of a debenture over the assets of the company.

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

22,649

24,891

Deferred

tax

£

Balance at 1 July 2024

24,891

Credit to Profit and loss account during year

(2,242

)

Balance at 30 June 2025

22,649

Deferred tax is recognised in respect of the excess of capital allowances over depreciation.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2025 and 30 June 2024:

2025

2024

£

£

A Wrench and C Wrench

Balance outstanding at start of year

255,670

243,863

Amounts advanced

531,967

255,670

Amounts repaid

(255,670

)

(243,863

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

531,967

255,670

13.	RELATED PARTY DISCLOSURES

A Wrench and C Wrench are directors and shareholders of the company. At 30 June 2025, £535,719 (2024: £255,670) was jointly due from the directors. Interest of £14,565 (2024: £5,676) was recognised in the financial statements using a rate of 3.75%. The balance is unsecured and repayable on demand.