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Registered number:
FOR THE YEAR ENDED 31 DECEMBER 2025
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HEPCO SLIDE SYSTEMS LIMITED
COMPANY INFORMATION
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HEPCO SLIDE SYSTEMS LIMITED
CONTENTS
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HEPCO SLIDE SYSTEMS LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The principal activities of the company are the manufacture and distribution of machine elements destined for machine builders, factories and end-users. These include precision linear bearings, linear modules, rotary and track motion guides, rack and pinion drives, screw jacks, ball screws, pneumatic components, lifting jacks, aluminium machine frames, and systems including these elements. The company operates in the UK and also through branches in mainland Europe and Asia.
The company also has an investment business, involving land and property, and listed investment portfolios which are actively managed.
During the year turnover has increased when compared with 2024 as result of the general economic factors which started in second half of 2024 and impacted on the first half of 2025. The company continued to capitalise on the high quality of its products and cost saving initiatives which resulted in an increased operating profit in 2025 compared with 2024, following the fall in turnover. Additionally, the company has continued to invest heavily in machinery which contributed to efficiencies and cost savings.
During the year, the company has continued expanding its operations in the Netherlands through trading from its European hub. This has led to the dual benefits of significantly alleviating the difficulties encountered following Brexit and getting goods to customers in a timely and cost-efficient manner. The company has delivered more manufactured products direct to EU based customers from this facility in 2025 in order to shorten the lead times on certain product lines. The company has continued to invest in research and development in order to enable it to maintain its competitive position in the market. The directors aim to maintain the management policies which have resulted in long term profitability. New products and new markets are being developed continually.
The management of the business and the execution of the company's strategy are subject to a number of risks. The key business risks and uncertainities affecting the company are considered to be competition at both national and international levels, employee retention and changes in technology together with supply chain pressures being felt under the current economic climate.
The company faces competitive pressure from rival manufacturers and distributors but continues to invest in machinery, marketing and research and development to ensure that its market share is maintained.
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HEPCO SLIDE SYSTEMS LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Key financial performance indicators for the company are as follows:
Section 172 of the Companies Act 2006 requires a director of a company to act in the way he or she considers, in good faith, would most likely promote the success of the company for the benefit of its members as a whole. In doing this, section 172 requires a director to have regard, amongst other matters, to the:
• likely consequences of any decisions in the long-term; • interests of the company’s employees; • need to foster the company’s business relationships with suppliers, customers and others; • impact of the company’s operations on the community and environment; • desirability of the company maintaining a reputation for high standards of business conduct; and • need to act fairly as between members of the company. In discharging our section 172 duties we have regard to the factors set out above. In concluding our decisions due regard is given to what is in the long term company interest, while bearing in mind other stakeholders, for example employees, the environment, customers, to ensure a rounded view. While we acknowledge that every decision we make will not necessarily result in a positive outcome for all of our stakeholders, by considering the company’s mission statement, strategic aims and core values and having a process in place for decision-making, we do, however, aim to make sure that our decisions are consistent. During the period the company received information to help it understand the interests and views of the company’s key stakeholders and other relevant factors when making decisions. This was disseminated in a in a wide variety of ways and covered financial and operational performance, non-financial KPIs, risk, environmental, social and outcomes of specific pieces of engagement. As a result of this, the company has had an overview of engagement with stakeholders and other relevant factors which allows it to understand the nature of the stakeholders’ concerns and to comply with its section 172 duty to promote the success of the company.
This report was approved by the board on 14 September 2026 and signed on its behalf.
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HEPCO SLIDE SYSTEMS LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The directors present their report and the financial statements for the year ended 31 December 2025.
The directors are responsible for preparing the strategic report, the directors' report and the financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the company's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The profit for the year, after taxation, amounted to £4,819,516 (2024 - £2,871,054).
The directors do not propose a final dividend.
The directors who served during the year were:
The principal financial instruments of the company comprise cash at bank and various other items such as trade debtors and creditors. The main purpose of these instruments is to fund the company's operations. Trade debtors are managed in respect of both credit and cash flow risk by policies concerning the credit offered to customers and the regular monitoring of amounts for both time and credit limits. Trade creditors liquidity risk is managed by ensuring sufficient funds are available to meet amounts due.
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HEPCO SLIDE SYSTEMS LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
The company's policy is to consult and discuss with employees, through team briefings and at meetings, matters likely to affect employees' interests.
Information of matters of concern to employees is given through information bulletins and reports which seek to achieve a common awareness on the part of all employees of the financial and economic factors affecting the group's performance.
The company has chosen in accordance with the Companies Act 2006, s.414C(11) to set out in the company’s strategic report information required by Large and Medium-sized Companies and Groups Regulations 2008, Sch.7 to be contained in the Directors’ Report. It has done so in respect of the business review, principal risks and uncertainties, and key performance indicators.
The auditors, Nyman Libson Paul LLP, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board on
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HEPCO SLIDE SYSTEMS LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF HEPCO SLIDE SYSTEMS LIMITED
We have audited the financial statements of Hepco Slide Systems Limited (the 'company') for the year ended 31 December 2025, which comprise the statement of income and retained earnings, the statement of financial position and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
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HEPCO SLIDE SYSTEMS LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF HEPCO SLIDE SYSTEMS LIMITED (CONTINUED)
The other information comprises the information included in the Annual Report other than the financial statements and our auditors' report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the strategic report and the directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors' report.
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HEPCO SLIDE SYSTEMS LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF HEPCO SLIDE SYSTEMS LIMITED (CONTINUED)
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following: • the nature of the industry and sector, control environment and business performance; • results of our enquiries of management about their own identification and assessment of the risks of irregularities, including those that are specific to the Company's business sector; • results of our discussions and enquiries with management and those charged with governance regarding any known or suspected instances of fraud; • any matters we identified having obtained and reviewed the Company’s documentation of their policies and procedures relating to: - identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance; - detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud; - the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations. We obtained an understanding of the legal and regulatory frameworks that the Company operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Companies Act and UK tax legislation. In addition, we considered other laws and regulations that could have an effect on the Company and result in the imposition of financial or other penalties and litigation. We discussed amongst the audit engagement team regarding how and where fraud might occur in the financial statements, any opportunities or incentives for fraud and potential indicators of fraud. All matters in relation to non-compliance with relevant laws and regulations and potential fraud risks were communicated to all members of the engagement team, who were all deemed to have appropriate competence and capabilities, and we remained alert to any indications of fraud or non-compliance throughout the audit. Non-compliance with laws and regulations Our procedures to respond to risks identified included the following: • enquiring of management concerning actual and potential litigation and claims, and instances of non-compliance with laws and regulations; • reviewing and considering any meeting minutes of those charged with governance for any instances of non-compliance with laws and regulations;
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HEPCO SLIDE SYSTEMS LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF HEPCO SLIDE SYSTEMS LIMITED (CONTINUED)
• reviewing and considering any correspondence with tax authorities for any instances of non-compliance with laws and regulations;
• reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements; and • reviewing any legal expenditure accounts to understand the nature of expenditure incurred. These limited procedures did not identify any actual or suspected non-compliance. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations. Fraud As a result of our risk assessment procedures, we identified the area with the greatest potential for fraud to be revenue recognition. In common with all audits under ISAs (UK), we are required to presume there is a fraud risk in relation to revenue recognition, and we are also required to perform specific procedures to respond to the risk of management override of controls. In addressing the risk of fraud through management override of controls, we reviewed and tested the appropriateness of journal entries and other adjustments; assessed whether the judgments made in making accounting estimates are indicative of a potential bias; and evaluated the business rationale of any significant transactions that are unusual or outside the normal course of business. Our procedures to respond to the risks identified included the following: • performing substantive audit procedures on the revenue recognised during the year by agreeing to supporting documentation; • performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud; • enquiring of management concerning any known or suspected instances of fraud; and • reviewing and considering any meeting minutes of those charged with governance for any known or suspected instances of fraud.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditors' report.
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HEPCO SLIDE SYSTEMS LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF HEPCO SLIDE SYSTEMS LIMITED (CONTINUED)
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
Chartered Accountants
Statutory Auditors
124 Finchley Road
NW3 5JS
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HEPCO SLIDE SYSTEMS LIMITED
STATEMENT OF INCOME AND RETAINED EARNINGS
FOR THE YEAR ENDED 31 DECEMBER 2025
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HEPCO SLIDE SYSTEMS LIMITED
REGISTERED NUMBER: 01265975
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf on
The notes on pages 44 to 61 form part of these financial statements.
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Hepco Slide Systems Limited ('the company') is a private company limited by shares and is incorporated and domiciled in England. The adress of its registered office is 124 Finchley Road, London, NW3 5JS. The address of its principal place of business is Lower Moor Business Park, Tiverton Way, Tiverton, Devon, EX16 6TG.
The principal activities of the company are the manufacture and distribution of machine elements destined for machine builders, factories and end-users. These include precision linear bearings, linear modules, rotary and track motion guides, rack and pinion drives, screw jacks, ball screws, pneumatic components, lifting jacks, aluminium machine frames, and systems including these elements. The company operates in the UK and also through branches in mainland Europe and Asia.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the company's accounting policies (see note 3).
The following principal accounting policies have been applied:
The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;
∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.
This information is included in the consolidated financial statements of Hepco (Holdings) Limited as at 31 December 2025 and these financial statements may be obtained from its registered office, 124 Finchley Road, London, NW3 5JS.
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Functional and presentation currency
Transactions and balances
Revenue is recognised at the point of dispatch when it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the statement of financial position date, except that: - The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. - Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Investment property rented to other group entities and accounted for under the cost model is stated at historical cost less accumulated depreciation and any accumulated impairment losses.
The company adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental future benefits to the company. The carrying amount of the replaced part is derecognised. Repairs and maintenance are charged to profit or loss during the period in which they are incurred.
Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
The estimated useful lives range as follows:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
Basic financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.
Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.
Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. Key sources of estimation uncertainty The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities are as follows: Valuation of investment properties Investment properties are carried at fair value at the reporting date. In assessing fair value for investment properties, consideration has been given to comparable market data and the opions of independent professionals with experience in the location and category of property valued. There is significant disruption and uncertainty in the UK property market from factors such as rises in interest rates and inflation which has inevitably increased the degree of judgment and estimation uncertainty involved in the valuation of investment property at the reporting date. This is reviewed annually by management and the estimates updated accordingly. At the reporting date, investment property amounted to £1,903,650 (2024: £1,903,650). Stock provisioning The company manufactures precision engineering components and is subject to changing customer demands. As a result it is necessary to consider recoverability of the cost of stock and the associated provisioning required. When calculating any stock provision, management considers the nature and condition of the stock as well as applying assumptions around anticipated saleability of the goods which are subject to market trends and forces. This is reviewed annually by management and the estimates updated accordingly. At the reporting date, the total provision amounted to £3,104,061 (2024: £2,999,954) which is included in stocks.
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
The whole of the turnover is attributable to its principal activities undertaken in the year.
Analysis of turnover by country of destination:
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Page 53
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Page 54
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
13.Taxation (continued)
There were no factors that may affect future tax charges.
Page 55
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Page 56
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Page 57
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Page 58
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Profit and loss account
Deferred tax provided in respect of these gains amounts to £772,631(2024: £402,305). Accordingly, there are non-distributable reserves of £2,026,9150 (2024: £1,394,731) included in retained earnings carried forward.
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
At the reporting date, the company had capital commitments of £2,859,450 (2024: £2,013,282) for the purchase of property, plant and equipment to be acquired. The amount contracted for but not provided in these financial statements was £2,263,115 (2024: £1,766,282).
At the reporting date, there was an amount of £78,792 (2024: £80,242) outstanding in respect of pension contributions payable by the company. This amount is included in creditors.
Contributions payable by the company during the year were £570,437 (2024: £579,125).
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HEPCO SLIDE SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
The immediate and ultimate parent company is Hepco (Holdings) Limited, a company incorporated in England and Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS.
The largest and smallest group in which the results of the company are consolidated is headed by Hepco (Holdings) Limited and its consolidated financial statements may be obtained from its registered office. The Directors consider the ultimate controlling party to be Mr G L Forster by virtue of his shareholding in the ultimate parent company.
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