Company Registration No. 05253249 (England and Wales)
Mortek Limited
Unaudited accounts
for the year ended 31 December 2025
Mortek Limited
Unaudited accounts
Contents
Mortek Limited
Statement of financial position
as at 31 December 2025
Intangible assets
1,820
1,990
Tangible assets
81,039
21,912
Cash at bank and in hand
961
63,250
Creditors: amounts falling due within one year
(103,933)
(135,363)
Net current assets
50,228
16,007
Total assets less current liabilities
133,087
39,909
Creditors: amounts falling due after more than one year
(74,411)
(10,884)
Called up share capital
940
1,000
Capital redemption reserve
60
-
Profit and loss account
57,676
28,025
Shareholders' funds
58,676
29,025
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2026 and were signed on its behalf by
Mr J N Ansell
Director
Company Registration No. 05253249
Mortek Limited
Notes to the Accounts
for the year ended 31 December 2025
Mortek Limited is a private company, limited by shares, registered in England and Wales, registration number 05253249. The registered office is Unit 30 Colemeadow Road, Redditch, Worcestershire, B98 9PB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Mortek Limited
Notes to the Accounts
for the year ended 31 December 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Intangible fixed assets
Goodwill
At 31 December 2025
77,500
At 31 December 2025
75,680
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2025
28,133
9,497
37,630
Additions
125,621
-
125,621
Disposals
(46,623)
-
(46,623)
At 31 December 2025
107,131
9,497
116,628
At 1 January 2025
7,034
8,684
15,718
Charge for the year
26,783
122
26,905
On disposals
(7,034)
-
(7,034)
At 31 December 2025
26,783
8,806
35,589
At 31 December 2025
80,348
691
81,039
At 31 December 2024
21,099
813
21,912
Mortek Limited
Notes to the Accounts
for the year ended 31 December 2025
Amounts falling due within one year
Trade debtors
153,200
83,841
Accrued income and prepayments
-
3,435
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,877
2,160
Obligations under finance leases and hire purchase contracts
10,722
25,444
Trade creditors
45,183
31,435
Taxes and social security
17,617
19,583
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
74,411
-
Allotted, called up and fully paid:
940 Ordinary shares of £1 each
940
1,000
10
Average number of employees
During the year the average number of employees was 4 (2024: 4).