REGISTERED NUMBER: 15863402 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

SUNSPEED SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr K Lewin

REGISTERED OFFICE:

Unit 2 West Point

Western Road

Bracknell

Berkshire

RG12 1HJ

REGISTERED NUMBER:

15863402 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

FIXED ASSETS

Intangible assets

4

260,854

331,995

Tangible assets

5

835,037

1,119,692

1,095,891

1,451,687

CURRENT ASSETS

Debtors

6

1,876,950

1,518,862

Cash at bank

282,874

368,827

2,159,824

1,887,689

CREDITORS

Amounts falling due within one year

7

2,096,811

1,852,197

NET CURRENT ASSETS

63,013

35,492

TOTAL ASSETS LESS CURRENT LIABILITIES

1,158,904

1,487,179

CREDITORS

Amounts falling due after more than one year

8

1,807,022

1,514,094

NET LIABILITIES

(648,118

)

(26,915

)

CAPITAL AND RESERVES

Called up share capital

80,000

80,000

Retained earnings

(728,118

)

(106,915

)

(648,118

)

(26,915

)

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 director acknowledges his 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 director and authorised for issue on 7 September 2026 and were signed by:

Mr K Lewin - Director

1.	STATUTORY INFORMATION

Sunspeed Solutions 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of five years.

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

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 the shorter.

Plant and machinery

-

50% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

50% on cost and in accordance with the lease

Computer equipment

-

50% on cost and 25% on cost

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.

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 57 (2024 - 55 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

355,709

AMORTISATION

At 1 January 2025

23,714

Charge for year

71,141

At 31 December 2025

94,855

NET BOOK VALUE

At 31 December 2025

260,854

At 31 December 2024

331,995

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

40,779

2,500

1,171,773

6,661

1,221,713

Additions

10,150

-

-

17,345

27,495

At 31 December 2025

50,929

2,500

1,171,773

24,006

1,249,208

DEPRECIATION

At 1 January 2025

6,560

208

94,356

897

102,021

Charge for year

23,908

625

283,070

4,547

312,150

At 31 December 2025

30,468

833

377,426

5,444

414,171

NET BOOK VALUE

At 31 December 2025

20,461

1,667

794,347

18,562

835,037

At 31 December 2024

34,219

2,292

1,077,417

5,764

1,119,692

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2025

14,467

1,160,067

1,174,534

Transfer to ownership

-

(14,466

)

(14,466

)

At 31 December 2025

14,467

1,145,601

1,160,068

DEPRECIATION

At 1 January 2025

1,867

91,861

93,728

Charge for year

5,600

269,984

275,584

Transfer to ownership

-

(1,867

)

(1,867

)

At 31 December 2025

7,467

359,978

367,445

NET BOOK VALUE

At 31 December 2025

7,000

785,623

792,623

At 31 December 2024

12,600

1,068,206

1,080,806

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

1,183,805

1,122,546

Other debtors

381,104

109,318

Section 455 tax recoverable

36,435

-

Prepayments and accrued income

275,606

286,998

1,876,950

1,518,862

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts (see note 9)

246,346

260,839

Trade creditors

505,855

193,565

Amounts owed to group undertakings

457,243

896,839

Social security and other taxes

350,561

254,617

Other creditors

19,117

20,215

Accruals and deferred income

517,689

226,122

2,096,811

1,852,197

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts (see note 9)

607,022

814,094

Amounts owed to group undertakings

1,200,000

700,000

1,807,022

1,514,094

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.12.25

31.12.24

£

£

Gross obligations repayable:

Within one year

305,477

322,042

Between one and five years

760,530

1,017,241

1,066,007

1,339,283

Finance charges repayable:

Within one year

59,131

61,203

Between one and five years

153,508

203,147

212,639

264,350

Net obligations repayable:

Within one year

246,346

260,839

Between one and five years

607,022

814,094

853,368

1,074,933

Non-cancellable

operating leases

31.12.25

31.12.24

£

£

Within one year

14,817

-

Between one and five years

1,139,472

-

1,154,289

-