REGISTERED NUMBER: 05646319 (England and Wales)

PTECH UK LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Thompson

J P Thompson

C Thompson

REGISTERED OFFICE:

The Farm Office

Lower Hollowfields Farm

Bradley Green

Redditch

Worcestershire

B96 6TQ

REGISTERED NUMBER:

05646319 (England and Wales)

ACCOUNTANTS:

Charles Lovell & Co Limited

Chartered Certified Accountants

and Statutory Auditors

8 Church Green East

Redditch

Worcestershire

B98 8BP

FIXED ASSETS

Tangible assets

4

145,164

166,207

CURRENT ASSETS

Stocks

42,000

52,600

Debtors

5

75,667

55,837

Cash at bank

15,358

29,546

133,025

137,983

CREDITORS

Amounts falling due within one year

6

109,063

115,216

NET CURRENT ASSETS

23,962

22,767

TOTAL ASSETS LESS CURRENT LIABILITIES

169,126

188,974

CREDITORS

Amounts falling due after more than one year

7

(48,065

)

(49,279

)

PROVISIONS FOR LIABILITIES

(21,674

)

(24,016

)

NET ASSETS

99,387

115,679

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

99,287

115,579

SHAREHOLDERS' FUNDS

99,387

115,679

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors and authorised for issue on 22 June 2026 and were signed on its behalf by:

Mrs A Thompson - Director

1.	STATUTORY INFORMATION

PTech UK 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

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Land and buildings

-

20% on cost

Stocks

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

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 January 2025

3,105

175,481

22,831

Additions

-

2,513

275

Disposals

-

-

-

At 31 December 2025

3,105

177,994

23,106

DEPRECIATION

At 1 January 2025

3,105

110,088

19,829

Charge for year

-

16,824

762

Eliminated on disposal

-

-

-

At 31 December 2025

3,105

126,912

20,591

NET BOOK VALUE

At 31 December 2025

-

51,082

2,515

At 31 December 2024

-

65,393

3,002

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

146,351

31,947

379,715

Additions

44,144

649

47,581

Disposals

(38,150

)

-

(38,150

)

At 31 December 2025

152,345

32,596

389,146

DEPRECIATION

At 1 January 2025

60,351

20,135

213,508

Charge for year

25,795

5,334

48,715

Eliminated on disposal

(18,241

)

-

(18,241

)

At 31 December 2025

67,905

25,469

243,982

NET BOOK VALUE

At 31 December 2025

84,440

7,127

145,164

At 31 December 2024

86,000

11,812

166,207

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

68,251

47,698

Other debtors

7,416

8,139

75,667

55,837

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

5,000

10,364

Hire purchase contracts (see note 8)

24,967

25,478

Trade creditors

18,597

31,033

Taxation and social security

39,812

30,152

Other creditors

20,687

18,189

109,063

115,216

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

-

4,636

Hire purchase contracts (see note 8)

48,065

44,643

48,065

49,279

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.12.25

31.12.24

£

£

Net obligations repayable:

Within one year

24,967

25,478

Between one and five years

48,065

44,643

73,032

70,121

Non-cancellable

operating leases

31.12.25

31.12.24

£

£

Within one year

14,400

14,400

Between one and five years

30,000

44,400

44,400

58,800