| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2025 |
| for |
| Anglotech Group Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2025 |
| for |
| Anglotech Group Limited |
| Anglotech Group Limited (Registered number: 02744197) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Anglotech Group Limited |
| Company Information |
| for the Year Ended 31 December 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| & Statutory Auditors |
| Great North House, 20 Allington Way |
| Darlington |
| County Durham |
| DL1 4QB |
| Anglotech Group Limited (Registered number: 02744197) |
| Balance Sheet |
| 31 December 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Stocks | 7 |
| Debtors | 8 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 9 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 10 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | 13 | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 14 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| Anglotech Group Limited (Registered number: 02744197) |
| Balance Sheet - continued |
| 31 December 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Anglotech Group Limited (Registered number: 02744197) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2025 |
| 1. | STATUTORY INFORMATION |
| Anglotech Group Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| There were no material departures from that standard. |
| Related party exemption |
| The company has taken advantage of exemption, under the terms 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. |
| Income recognition |
| Revenue is recognised when it is probable that economic benefits will flow to the Company and the amount of revenue can be measured reliably. Revenue is measured at the fair value of the consideration received or receivable, net of discounts, rebates and value-added tax. |
| Goodwill |
| Goodwill represents investment value transferred, less the net assets distributed on hive up, in relation to business acquisitions made by the company. Goodwill is amortised over the useful economic life of 20 years reflecting average customer life cycle. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Assets are held at cost less accumulated depreciation and provision for impairment. |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is shorter. |
| Plant and machinery - 25% on cost |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Anglotech Group Limited (Registered number: 02744197) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Financial instruments |
| The company recognises financial instruments when it becomes a party to the contractual provisions of the instrument and derecognises them when the contractual rights expire or substantially all risks and rewards are transferred. Financial instruments comprise trade and other receivables, cash, trade and other payables, loans and other basic financial assets and liabilities, all of which are accounted for in accordance with FRS 102 Sections 11 and 12. All instruments held by the company are classified as basic unless otherwise stated. Financial assets and liabilities are initially measured at transaction price, including transaction costs, unless the arrangement constitutes a financing transaction, and are subsequently measured at amortised cost using the effective interest method, except for short-term receivables and payables which are measured at undiscounted transaction price where the effect of discounting is immaterial. At each reporting date the company assesses whether there is objective evidence of impairment of financial assets, recognising impairment losses in profit or loss where the carrying amount exceeds the recoverable amount, with trade receivables assessed using a lifetime expected loss approach. Financial assets and liabilities are offset only when the company has a legally enforceable right to set off the recognised amounts and intends to settle on a net basis. Interest income and expense are recognised using the effective interest method unless immaterial, in which case a straight-line basis is applied. |
| 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. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
| 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. |
| Anglotech Group Limited (Registered number: 02744197) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Development |
| Goodwill | costs | Totals |
| £ | £ | £ |
| COST |
| At 1 January 2025 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 December 2025 |
| AMORTISATION |
| At 1 January 2025 |
| Amortisation for year |
| At 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| At 31 December 2024 |
| During the period the company acquired 100% share capital of the following: |
| - Managed Print Partners Limited |
| - Four Digital Solutions Ltd |
| - Four Digital Solutions (Holdings) Limited |
| Subsequent to acquisition, but prior to the year end, the trade and assets of all 3 companies were transferred into Anglotech Group Limited. As a result of this the investments have been transferred to goodwill. |
| Anglotech Group Limited (Registered number: 02744197) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| £ |
| COST |
| At 1 January 2025 |
| Additions |
| Disposals | ( |
) |
| At 31 December 2025 |
| DEPRECIATION |
| At 1 January 2025 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| At 31 December 2024 |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Plant and |
| machinery |
| £ |
| COST |
| At 1 January 2025 |
| and 31 December 2025 |
| DEPRECIATION |
| At 1 January 2025 |
| Charge for year |
| At 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| At 31 December 2024 |
| Anglotech Group Limited (Registered number: 02744197) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 6. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| Additions |
| Reclassification/transfer | ( |
) |
| At 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| During the period the company acquired 100% share capital of the following: |
| - COS Systems Limited |
| See Note 5 for further acquisitions during the period which were hived up prior to the year end, thus transferring their investment value to goodwill. |
| 7. | STOCKS |
| 2025 | 2024 |
| £ | £ |
| Stocks |
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| Deferred tax asset |
| Prepayments and accrued income |
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Hire purchase contracts (see note 11) |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| Accruals and deferred income |
| Anglotech Group Limited (Registered number: 02744197) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Hire purchase contracts (see note 11) |
| Other creditors |
| Amounts owed to group |
| undertakings | 3,336,154 | 3,336,154 |
| 11. | LEASING AGREEMENTS |
| Minimum lease payments fall due as follows: |
| Hire purchase |
| contracts |
| 2025 | 2024 |
| £ | £ |
| Net obligations repayable: |
| Within one year |
| Between one and five years |
| Non-cancellable |
| operating leases |
| 2025 | 2024 |
| £ | £ |
| Within one year |
| Between one and five years |
| In more than five years |
| 12. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Hire purchase contracts | 55,439 | 60,208 |
| Hire purchase contracts are secured over the assets to which they relate. |
| In addition, the Ultimate parent company, Anglotech Group Holdings Limited, entered into further bank loans with TC Loans Limited during the period. These loans sit within Anglotech Group Holdings Limited and are secured by a fixed and floating charge against assets of the company and its subsidiaries, including Anglotech Group Limited. |
| Anglotech Group Limited (Registered number: 02744197) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 13. | PROVISIONS FOR LIABILITIES |
| 2024 |
| £ |
| Deferred tax | 3,966 |
| Deferred |
| tax |
| £ |
| Balance at 1 January 2025 |
| Accelerated capital allowances | (6,600 | ) |
| Balance at 31 December 2025 | ( |
) |
| 14. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary | £1 | 6,065,130 | 100 |
| An allotment of shares were made during the period on three occasions to Anglotech Group Holdings Limited in order to facilitate the acquisitions made during the period. |
| 15. | POST BALANCE SHEET EVENTS |
| After the year end, the company acquired three further subsidiary undertakings. These acquisitions are considered non-adjusting post balance sheet events. As the acquisitions took place after the reporting date, no adjustments have been made to the financial statements. The subsidiaries acquired were: |
| - Solutions in Technology Limited |
| - Fleet Managed Print Solutions Limited |
| - BAC Office Equipment Limited |
| 16. | ULTIMATE CONTROLLING PARTY |
| The immediate parent company is Anglotech Group Holdings Limited. The parent company registered office is Attadale House, Lingfield Way, Darlington, England, DL1 4GD. |