REGISTERED NUMBER: 03772881 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

COMTEC ENTERPRISES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N D Claxson

REGISTERED OFFICE:

Comtec House

46a Albert Road North

Reigate

Surrey

RH2 9EL

REGISTERED NUMBER:

03772881 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Horsham) Limited

Ridgeland House

15 Carfax

Horsham

West Sussex

RH12 1ER

FIXED ASSETS

Tangible assets

3

256,181

273,175

CURRENT ASSETS

Stocks

539,634

334,814

Debtors

4

508,101

1,111,750

Cash at bank

219,075

50,170

1,266,810

1,496,734

CREDITORS

Amounts falling due within one year

5

1,354,823

1,798,371

NET CURRENT LIABILITIES

(88,013

)

(301,637

)

TOTAL ASSETS LESS CURRENT LIABILITIES

168,168

(28,462

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

168,166

(28,464

)

168,168

(28,462

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 August 2026 and were signed by:

N D Claxson - Director

1.	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.

The revenue from support contracts is recognised over the term of the contract.

For contracts that provide services where the company has partially performed its contractual obligations, the company recognises revenue to the extent that it has obtained the right to consideration through its performance.

Tangible fixed assets

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

Leasehold Property

-

straight line over 3 years

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% straight line

Stocks and work in progress

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Work in progress relates to costs incurred for long term projects that complete in future periods, valued at the amount deemed recoverable.

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

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 13 ) .

3.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

Plant and

and

Motor

Property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2025

237,909

165,290

435,755

3,000

841,954

Additions

-

-

3,258

-

3,258

At 31 December 2025

237,909

165,290

439,013

3,000

845,212

DEPRECIATION

At 1 January 2025

34,863

160,540

370,376

3,000

568,779

Charge for year

2,403

1,364

16,485

-

20,252

At 31 December 2025

37,266

161,904

386,861

3,000

589,031

NET BOOK VALUE

At 31 December 2025

200,643

3,386

52,152

-

256,181

At 31 December 2024

203,046

4,750

65,379

-

273,175

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

344,671

545,327

Amounts owed by group undertakings

71,192

498,656

Other debtors

67,910

35,839

Prepayments

24,328

31,928

508,101

1,111,750

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

16,959

-

Trade creditors

402,711

869,574

Amounts owed to group undertakings

31,111

-

Tax

-

89

Social security and other taxes

329,795

188,294

Other creditors

485,935

268,755

Directors' current accounts

9,145

364,108

Deferred income

68,846

51,604

Accrued expenses

10,321

55,947

1,354,823

1,798,371

6.	RELATED PARTY DISCLOSURES

The following amounts were outstanding at the reporting end date:

2025 2024

Other related parties 55,802 25,516

Group companies 40,081 498,655

During the year, the company was charged rent of £75,000 (2024: £75,000) by its parent company.

On 31 December 2025 a balance of £347,259 owed by the company to the director was novated to the company's parent by resolution of the company and consent of the shareholders of the parent company. The novated balance was applied in reduction of the amount owed to the company by the parent company.

During the year, the company charged rent of £14,558 (2024: £nil) to a related party.