Registration number: 05065617

Envantage Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 11

Envantage Limited

Company Information

Directors

Mr C Hindmarsh Mr P B Alletson

Company secretary

Mr C Hindmarsh

Registered office

The Towers Towers Business Park Wilmslow Road Manchester M20 2SL

Accountants

Matravers & Co Accountants & Business Advisers Bridgewater House Century Park, Caspian Road Altrincham Cheshire WA14 5HH

Envantage Limited

(Registration number: 05065617)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	1,240,720	1,386,932
Tangible assets	5	188,586	252,934
		1,429,306	1,639,866
Current assets
Stocks	6	5,916	8,014
Debtors	7	4,970,534	2,776,074
Investments	8	-	370,777
Cash at bank and in hand		2,352,236	929,865
		7,328,686	4,084,730
Creditors: Amounts falling due within one year	9	(1,159,840)	(1,102,462)
Net current assets		6,168,846	2,982,268
Total assets less current liabilities		7,598,152	4,622,134
Provisions for liabilities		(34,346)	(49,433)
Net assets		7,563,806	4,572,701
Capital and reserves
Called up share capital	10	100	100
Other reserves		23,106	23,106
Retained earnings		7,540,600	4,549,495
Shareholders' funds		7,563,806	4,572,701

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 August 2026 and signed on its behalf by:
 

Envantage Limited

(Registration number: 05065617)
Balance Sheet as at 31 December 2025

......................................... Mr C Hindmarsh Company secretary and director

......................................... Mr P B Alletson Director

Envantage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

These financial statements were authorised for issue by the Board on 4 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Envantage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% straight line
Fixtures and fittings	15% reducing balance
IT Equipment	25% straight line
Motor vehicles	25% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.

Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.

Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Intellectual property	5% straight line
Goodwill	10% straight line

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Envantage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

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.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Envantage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 43 (2024 - 41).

Envantage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Intangible assets

	Goodwill  £	Trademarks, patents and licenses  £	Total £
Cost or valuation
At 1 January 2025	1,421,719	80,805	1,502,524
At 31 December 2025	1,421,719	80,805	1,502,524
Amortisation
At 1 January 2025	82,934	32,658	115,592
Amortisation charge	142,172	4,040	146,212
At 31 December 2025	225,106	36,698	261,804
Carrying amount
At 31 December 2025	1,196,613	44,107	1,240,720
At 31 December 2024	1,338,785	48,147	1,386,932

5	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles  £
Cost or valuation
At 1 January 2025	43,135	295,501	147,998	175,442
Additions	525	-	14,319	-
At 31 December 2025	43,660	295,501	162,317	175,442
Depreciation
At 1 January 2025	15,602	182,039	131,159	80,342
Charge for the year	4,168	15,673	15,490	43,861
At 31 December 2025	19,770	197,712	146,649	124,203
Carrying amount
At 31 December 2025	23,890	97,789	15,668	51,239
At 31 December 2024	27,533	113,462	16,839	95,100

Envantage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

	Total £
Cost or valuation
At 1 January 2025	662,076
Additions	14,844
At 31 December 2025	676,920
Depreciation
At 1 January 2025	409,142
Charge for the year	79,192
At 31 December 2025	488,334
Carrying amount
At 31 December 2025	188,586
At 31 December 2024	252,934

6

Stocks

	2025 £	2024 £
Work in progress	5,916	8,014

7

Debtors

Current	Note	2025 £	2024 £
Trade debtors		942,403	820,072
Amounts owed by related parties	13	741,000	-
Prepayments		1,757,723	715,355
Other debtors		1,529,408	1,240,647
		4,970,534	2,776,074

8	Current asset investments

	2025 £	2024 £
Other investments	-	370,777

The fair value model was used to value the investments as these could be reliably measured using active market prices. All the investments were sold during the year.

Envantage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

9

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	11	-	46,943
Trade creditors		70,763	109,480
Taxation and social security		997,290	613,925
Accruals and deferred income		75,342	225,310
Other creditors		16,445	106,804
		1,159,840	1,102,462

10	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £0.0001 each	1,000,000	100	1,000,000	100

11	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	-	46,943

12	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	132,385	131,867
Later than one year and not later than five years	124,584	256,969
	256,969	388,836

The amount of non-cancellable operating lease payments recognised as an expense during the year was £131,867 (2024 - £141,710).

Envantage Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

13	Related party transactions

Transactions with directors

2025	At 1 January 2025 £	Advances to director £	At 31 December 2025 £
Loan with interest at 2.25%/3.75% repayable on demand	929,979	215,896	1,145,875

2024	At 1 January 2024 £	Advances to director £	At 31 December 2024 £
Loan with interest at 2.25%/3.75% repayable on demand	779,284	150,695	929,979

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	26,636	26,315
Contributions paid to money purchase schemes	120,000	120,000
	146,636	146,315

Loans to related parties

2025	Parent £	Total £
Advanced	741,000	741,000
At end of period	741,000	741,000

Terms of loans to related parties

Debtors include a balance of £741,000 owed from Envantage Holdings Limited, the parent company. The loan is repayable on demand.
 

14	Parent and ultimate parent undertaking

Mr P Alletson and Mr C Hindmarsh own Envantage Holdings Limited equally.

 The company's immediate parent is Envantage Holdings Limited, incorporated in England..