COMPANY REGISTRATION NUMBER: 06580480

Krontec Design Limited

Contents

Statement of Financial Position	1
Notes to the Unaudited Financial Statements	2 to 7

Krontec Design Limited

Statement of Financial Position as at 30 April 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	229,588	259,315
Current assets
Stocks	6	746,734	717,640
Debtors	7	542,488	389,314
Cash at bank and in hand		4,508,535	3,238,245
		5,797,757	4,345,199
Creditors: Amounts falling due within one year	8	(692,237)	(388,424)
Net current assets		5,105,520	3,956,775
Total assets less current liabilities		5,335,108	4,216,090
Provisions for liabilities		(54,050)	(62,371)
Net assets		5,281,058	4,153,719
Capital and reserves
Called up share capital	9	100	100
Retained earnings		5,280,958	4,153,619
Shareholders' funds		5,281,058	4,153,719

For the financial year ending 30 April 2026 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Company registration number: :06580480

Approved and authorised by the Board on 19 August 2026 and signed on its behalf by:
 

Mrs Kim Williams Director

Mr Nicholas Williams Director

Krontec Design Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

1	General information

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

The address of its registered office is:
130 Faraday Park
Faraday Road
Dorcan
Swindon
Wiltshire
SN3 5JF
England

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.

Going concern

The financial statements have been prepared on a going concern basis.

Krontec Design Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026 (continued)

2	Accounting policies (continued)

Key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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 sales/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.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tangible assets

Tangible assets are stated in the statement of financial position 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:

Krontec Design Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026 (continued)

2	Accounting policies (continued)

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.

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.

Share based payments

The company operates an equity-settled, share-based compensation plan, under which the entity receives services from employees as consideration for equity instruments (options) of the entity. The fair value of the employee services received is measured by reference to the estimated fair value at the grant date of equity instruments granted and is recognised as an expense over the vesting period. The estimated fair value of the option granted is calculated using the Black Scholes option pricing model. The total amount expensed is recognised over the vesting period, which is the period over which all of the specified vesting conditions are to be satisfied.

The proceeds received net of any directly attributable transaction costs are credited to share capital (nominal value) and share premium when the options are exercised.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 22 (2025 - 17).

4	Profit before tax

Arrived at after charging/(crediting)

	2026 £	2025 £
Depreciation expense	94,925	81,885

Krontec Design Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026 (continued)

5	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles  £
Cost or valuation
At 1 May 2025	-	258,458	28,968	122,000
Additions	6,620	39,983	18,594	-
At 30 April 2026	6,620	298,441	47,562	122,000
Depreciation
At 1 May 2025	-	109,073	16,638	24,400
Charge for the year	1,324	59,688	9,512	24,400
At 30 April 2026	1,324	168,761	26,150	48,800
Carrying amount
At 30 April 2026	5,296	129,680	21,412	73,200
At 30 April 2025	-	149,385	12,330	97,600

	Total £
Cost or valuation
At 1 May 2025	409,426
Additions	65,197
At 30 April 2026	474,623
Depreciation
At 1 May 2025	150,111
Charge for the year	94,924
At 30 April 2026	245,035
Carrying amount
At 30 April 2026	229,588
At 30 April 2025	259,315

Krontec Design Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026 (continued)

6

Stocks

	2026 £	2025 £
Other inventories	746,734	717,640

7

Debtors

Current	2026 £	2025 £
Trade debtors	487,984	337,399
Prepayments	41,041	32,915
Other debtors	13,463	19,000
	542,488	389,314

Krontec Design Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026 (continued)

8

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	191,583	207,833
Taxation and social security	442,084	134,071
Accruals and deferred income	53,868	43,401
Other creditors	4,702	3,119
	692,237	388,424

9	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

10	Related party transactions

No transactions with related parties were undertaken such as are required to be disclosed under FRS102 1A.

The controlling party is Krontec Maschinenbau GMBH, a company based in Germany having a 51% shareholding in Krontec Design Limited.