REGISTERED NUMBER: 07735100 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

WYKEN TOOLS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G V McDonald

Miss M A McDonald

REGISTERED OFFICE:

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

REGISTERED NUMBER:

07735100 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Tangible assets

4

771,349

751,933

Investments

5

1

1

771,350

751,934

CURRENT ASSETS

Stocks

6

261,098

221,557

Debtors

7

400,906

465,589

Cash at bank and in hand

1,008,077

1,658,290

1,670,081

2,345,436

CREDITORS

Amounts falling due within one year

8

1,323,457

1,976,769

NET CURRENT ASSETS

346,624

368,667

TOTAL ASSETS LESS CURRENT LIABILITIES

1,117,974

1,120,601

CREDITORS

Amounts falling due after more than one year

9

(83,413

)

(119,784

)

PROVISIONS FOR LIABILITIES

11

(177,142

)

(153,737

)

NET ASSETS

857,419

847,080

CAPITAL AND RESERVES

Called up share capital

12

8,334

8,334

Capital redemption reserve

1

1

Retained earnings

849,084

838,745

SHAREHOLDERS' FUNDS

857,419

847,080

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 9 September 2026 and were signed on its behalf by:

G V McDonald - Director

1.	STATUTORY INFORMATION

Wyken Tools 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.

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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

10% on cost

Plant and machinery

-

10% on cost and 4% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

50% 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.

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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 12 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 January 2025

103,187

651,586

106,673

Additions

-

109,499

29,545

At 31 December 2025

103,187

761,085

136,218

DEPRECIATION

At 1 January 2025

40,929

85,864

15,509

Charge for year

10,319

66,975

27,221

At 31 December 2025

51,248

152,839

42,730

NET BOOK VALUE

At 31 December 2025

51,939

608,246

93,488

At 31 December 2024

62,258

565,722

91,164

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

68,415

2,772

932,633

Additions

-

1,664

140,708

At 31 December 2025

68,415

4,436

1,073,341

DEPRECIATION

At 1 January 2025

36,951

1,447

180,700

Charge for year

15,354

1,423

121,292

At 31 December 2025

52,305

2,870

301,992

NET BOOK VALUE

At 31 December 2025

16,110

1,566

771,349

At 31 December 2024

31,464

1,325

751,933

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

311,970

61,415

373,385

Transfer to ownership

-

(61,415

)

(61,415

)

At 31 December 2025

311,970

-

311,970

DEPRECIATION

At 1 January 2025

10,400

29,951

40,351

Charge for year

31,200

-

31,200

Transfer to ownership

-

(29,951

)

(29,951

)

At 31 December 2025

41,600

-

41,600

NET BOOK VALUE

At 31 December 2025

270,370

-

270,370

At 31 December 2024

301,570

31,464

333,034

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

1

NET BOOK VALUE

At 31 December 2025

1

At 31 December 2024

1

6.

STOCKS

31.12.25

31.12.24

£

£

Stocks

261,098

221,557

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

327,202

371,064

Prepayments

73,704

94,525

400,906

465,589

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

58,334

102,083

Trade creditors

75,415

207,025

Amounts owed to group undertakings

839,664

1,344,254

Tax

158,878

124,425

Social security and other taxes

110,260

105,542

Accrued expenses

62,353

77,105

Deferred government grants

18,553

16,335

1,323,457

1,976,769

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

-

58,334

Deferred government grants

83,413

61,450

83,413

119,784

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Hire purchase contracts

58,334

160,417

Hire purchase contracts are secured over the assets to which they relate.

11.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

£

Deferred tax

Accelerated capital allowances

179,128

153,991

Tax losses carried forward

(1,723

)

-

Other timing differences

(263

)

(254

)

177,142

153,737

Deferred

tax

£

Balance at 1 January 2025

153,737

Charge to Income Statement during year

23,405

Balance at 31 December 2025

177,142

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

8,334

Ordinary

£1

8,334

8,334

13.	ULTIMATE CONTROLLING PARTY

The controlling party is Wyken Tools Holdings limited.