TecTake Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 11604771 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

TecTake Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

T Jurisch

REGISTERED OFFICE:

Mappin House

4 Winsley Street

London

W1W 8HF

REGISTERED NUMBER:

11604771 (England and Wales)

AUDITORS:

BKL Audit LLP

Chartered Accountants and Statutory Auditor

London

CURRENT ASSETS

Stocks

85,033

-

Debtors

5

14,405,304

14,027,770

Cash at bank

187,012

202,073

14,677,349

14,229,843

CREDITORS

Amounts falling due within one year

6

1,843,926

1,442,349

NET CURRENT ASSETS

12,833,423

12,787,494

TOTAL ASSETS LESS CURRENT
LIABILITIES

12,833,423

12,787,494

CAPITAL AND RESERVES

Called up share capital

7

500

Retained earnings

12,832,923

12,786,994

SHAREHOLDERS' FUNDS

12,833,423

12,787,494

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 6 August 2026 and were signed by:

T Jurisch - Director

1.	STATUTORY INFORMATION

TecTake 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.	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.

Revenue and sale of goods

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised.

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

- the Company has transferred the significant risks and rewards of ownership to the buyer;

- the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

- the amount of revenue can be measured reliably;

- it is probable that the Company will receive the consideration due under the transaction; and

- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Foreign currency translation

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.

Going concern

In the preceding financial year, the company was reliant on the continued financial support of the Group, under the control of Mr Roland Kemmer, in order to operate on a going concern basis.

In the current year, the company has remained profitable, reporting a profit before taxation of £45,929 (2024: £150,821). Whilst turnover has increased from £5,785,950 to £6,980,345, the reduction in profit reflects higher operating costs incurred during the year.

The Group has nevertheless reiterated its commitment to provide financial support to the company where necessary for a period of at least twelve months from the date of approval of these financial statements. It should be noted that the company's profitability for the year is dependent on interest income receivable from an intercompany loan. Excluding this income, the company would have reported an operating loss. This has been considered by the Director as part of their assessment of the company's ability to continue as a going concern.

On this basis, the Director considers it appropriate to prepare the financial statements on a going concern basis and has a reasonable expectation that the company will continue to have adequate resources to maintain operational existence for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

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

4.	AUDITORS' REMUNERATION

31.12.25

31.12.24

£

Fees payable to the company's auditors for the audit of the company's financial
statements

15,000

13,000

Auditors' remuneration for non audit work

10,275

8,155

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

36,719

7,720

Amounts owed by group undertakings

14,092,320

13,643,342

Other debtors

214,329

325,660

Tax Recoverable

61,936

51,048

14,405,304

14,027,770

Amount owed by group undertakings are unsecured and repayable on demand. Interest is charged at 2 percentage points per annum above the 12-month EURIBOR interest rate fixed at the end of the previous financial year.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

27,251

24,529

Amounts owed to group undertakings

1,638,456

1,305,604

Tax

-

37,705

VAT

166,117

53,223

Accrued expenses

12,102

21,288

1,843,926

1,442,349

Amount owed to group undertakings are unsecured and repayable on demand. Interest is charged at 2 percentage points per annum above the 12-month EURIBOR interest rate fixed at the end of the previous financial year.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

500

Ordinary

£1

500

The shares have attached to them full voting, dividend and capital distribution (including on winding up) rights; they do not confer any rights of redemption.

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Ketan Shah FCA (Senior Statutory Auditor)

for and on behalf of BKL Audit LLP

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under FRS 102, Section 33 Related Party Disclosures paragraph 33.1A, whereby the Company is not required to disclose transactions with other wholly owned subsidiaries or Companies in a group that are wholly owned.

During the year the company accrued interest income of £589,874 (2024: £701,127) from a related party by virtue of common ownership. The amount outstanding at the balance sheet date was £14,092,320 (2024: £13,643,342).

During the year, the company incurred £NIL (2024: £663) interest charges on distribution costs from another related party by virtue of common ownership. The amount outstanding at the balance sheet date in respect of these transactions was £NIL (2024: £13,294).

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Kemmer Beteiligungs GmbH..

The immediate and ultimate parent and controlling company is Kemmer Beteiligungs GmbH, a company incorporated in Germany, by virtue of its 100% shareholding in the company. The results of the company are included within the consolidated financial statements of Kemmer Beteiligungs GmbH, which has a registered office address of Feuerweg 13, 97244, Buetthard, Germany. This is the largest and smallest company in the group of which the company is a member which prepares consolidated accounts.

The ultimate controlling party is considered to be Mr Roland Kemmer.