ACCOUNTS - Final Accounts

Registered number: 03257217

	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2025

	HELIOS TECHNOLOGY LIMITED


HELIOS TECHNOLOGY LIMITED REGISTERED NUMBER:03257217

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		37,237		26,575
			37,237		26,575
Current assets
Debtors	5	4,678,409		2,721,267
Cash at bank and in hand		248,529		1,014,406
		4,926,938		3,735,673
Creditors: amounts falling due within one year	6	(1,501,448)		(872,801)
Net current assets			3,425,490		2,862,872
Total assets less current liabilities			3,462,727		2,889,447
Provisions for liabilities
Deferred tax		(5,853)		-
			(5,853)		-
Net assets			3,456,874		2,889,447

Capital and reserves
Called up share capital	4,212	4,212
Share premium account	63,785	63,785
Capital redemption reserve	1,559	1,559
Profit and loss account	3,387,318	2,819,891
	3,456,874	2,889,447

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

M Vallance

Director

Date: 17 August 2026

The notes on pages 2 to 8 form part of these financial statements.

Page 1


HELIOS TECHNOLOGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Helios Technology 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

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Going concern

The directors have assessed the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements. The directors note that the Company is intending to hive up the trade and assets to a fellow group company, Egis UK - Consulting and Engineering Ltd, and consequently the Company would no longer be considered a going concern. Having reviewed the planned transaction, the directors have confirmed that the Company will continue to meet its liabilities as they fall due and contractual obligations and operations will continue under the new entity in the form of novated agreements. Consequently, whilst the accounts have been prepared on a basis other than a going concern basis, the directors consider that there is no impact on the financial statements as a result of this conclusion.

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentation currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

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HELIOS TECHNOLOGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.4

Revenue

Revenue represents consultancy services provided, which are measured at the fair value of work performed, excluding discounts, rebates, value added tax and other sales taxes.

Revenue recognised as amounts recoverable on long-term contracts is shown within accrued income in these accounts, and is recognised on an individual basis as activity progresses in accordance with the substance of each contract, when the stage of completion can be estimated reliably. The stage of completion is estimated using a range of factors, including costs incurred, amounts already recognised under the contract, and estimated costs to completion.

2.5

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

2.7

Current and deferred taxation

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

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 income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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HELIOS TECHNOLOGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Plant and machinery	-	25%	on cost
				Fixtures and fittings	-	10%	on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due within the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction

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HELIOS TECHNOLOGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.9

Financial instruments (continued)

price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 43 (2024 - 33).

4.	Tangible fixed assets

	Plant and machinery	Fixtures and fittings	Total
	£	£	£
Cost
At 1 January 2025	8,066	66,766	74,832
Additions	1,964	19,554	21,518
At 31 December 2025	10,030	86,320	96,350
Depreciation
At 1 January 2025	2,920	45,337	48,257
Charge for the year	759	10,097	10,856
At 31 December 2025	3,679	55,434	59,113
Net book value
At 31 December 2025	6,351	30,886	37,237
At 31 December 2024	5,146	21,429	26,575

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HELIOS TECHNOLOGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Debtors

					2025	2024
					£	£

Due after more than one year
Directors loan accounts	-	31,173
Other debtors	47,530	32,745
	47,530	63,918
Due within one year
Trade debtors	805,416	281,412
Amounts owed by group undertakings	2,470,135	1,026,082
Amounts owed by joint ventures and associated undertakings	-	5,421
Other debtors	16,050	8,470
Prepayments and accrued income	1,126,259	1,274,572
Tax recoverable	213,019	51,323
Deferred taxation	-	10,069
	4,678,409	2,721,267

Amounts owed by group undertakings are interest free, unsecured and payable on demand.

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	101,399	59,763
Amounts owed to group undertakings	439,359	145,436
Other taxation and social security	121,948	101,511
Other creditors	43,946	47,184
Accruals and deferred income	794,796	518,907
	1,501,448	872,801

Amounts owed to group undertakings are interest free, unsecured and repayable on demand.

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HELIOS TECHNOLOGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

7.	Transactions with directors
		2025	2024
		£	£

M Scott
Balance outstanding at start of year	13,834	13,834
Amounts repaid	(1,689)	-
Balance outstanding at end of year	12,145	13,834

					2025	2024
					£	£

A Parkinson
Balance outstanding at start of year	22,673	22,673
Amounts repaid	(3,719)	-
Balance outstanding at end of year	18,954	22,673

The above loan to M Scott which is denominated in Euros, is interest free and due for repayment in equal annual instalments by 1 March 2030. The payment for 2020 was deferred until the end of the agreement.

The above loan to A Parkinson which is denominated in Euros, is interest free and due for repayment in equal annual instalments by 1 March 2029. The payment for 2020 was deferred until the end of the agreement.

During the year M Scott and A Parkinson resigned as directors.

8.	Pension commitments

The Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. Contributions totalling £22,310 (2024: £22,876) were payable to the fund at the reporting date and are included in creditors.

9.	Related party transactions
	The Company has taken advantage of the exemption, section 33.1a 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.

10.	Post balance sheet events

Subsequent to the year end, the directors approved a group restructuring under which the trade and assets of the Company will be transferred to Egis UK – Consulting and Engineering Limited, a fellow group company. The transfer is expected to take place after the reporting date and is considered by the directors to be a non-adjusting post balance sheet event. No adjustment has therefore been made to these financial statements in respect of this matter.

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HELIOS TECHNOLOGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

11.	Controlling party

The immediate parent company is Egis Avia S.A.S., a company registered in France.

The parent company of the smallest group of which Helios Technology Limited is a member which prepares consolidated accounts is Egis S.A, a company registered at Egis - Paris Headquarters, 255 rue de Vaugirard, 75015 Paris, France.

12.	Securities and Guarantees

A debenture is in issue in favour of the Company's bank comprising fixed and floating charges over the assets of the Company.

The Company has guaranteed its performance of various contracts to a total value as at 31 December 2025 of 408,858 Euros (2024: 408,858 Euros).

13.	Auditor's information

The auditor's report on the financial statements for the year ended 31 December 2025 was unqualified.

In their report, the auditor emphasised the following matter without qualifying their report:

We draw attention to Note 2.2 to the financial statements which explains that the directors intend to hive up the trade and assets of the Company into a fellow group company, Egis UK - Consulting and Engineering Ltd and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern as described in Note 2.2.

Our opinion is not modified in respect of this matter.

The audit report was signed on 17 August 2026 by Caroline Milton FCA (Senior statutory auditor) on behalf of Menzies LLP.

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