REGISTERED NUMBER: 02096127 (England and Wales)

Audited Financial Statements for the Year Ended 31 December 2025

for

AZTEC (U.K.) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R Cedrowski

REGISTERED OFFICE:

155 Wellingborough Road

Rushden

Northamptonshire

NN10 9TB

REGISTERED NUMBER:

02096127 (England and Wales)

AUDITORS:

Elsby & Co (Sywell) Ltd

Statutory Auditors

155 Wellingborough Road

Rushden

Northamptonshire

NN10 9TB

FIXED ASSETS

Tangible assets

4

18,459

23,778

CURRENT ASSETS

Stocks

5

309,744

449,388

Debtors

6

144,142

181,793

Cash at bank

160,831

37,283

614,717

668,464

CREDITORS

Amounts falling due within one year

7

99,483

124,313

NET CURRENT ASSETS

515,234

544,151

TOTAL ASSETS LESS CURRENT LIABILITIES

533,693

567,929

PROVISIONS FOR LIABILITIES

833

5,945

NET ASSETS

532,860

561,984

CAPITAL AND RESERVES

Called up share capital

9

100

100

Capital redemption reserve

100,025

100,025

Retained earnings

432,735

461,859

SHAREHOLDERS' FUNDS

532,860

561,984

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 March 2026 and were signed by:

R Cedrowski - Director

1.	STATUTORY INFORMATION

AZTEC (U.K.) LIMITED is a private company, limited by shares, registered in England and Wales. The company's registered number is 02096127 and its registered office address is 155 Wellingborough Road, Rushden, NN10 9TB.

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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

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

Revenue from the sale of goods is recognised on the date of despatch.

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

-

15% on cost

Fixtures and fittings

-

Straight line over 5 years

Tangible fixed assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and impairment losses.

Stocks

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

Cost is calculated using the average cost method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the

respective functional currency of the entity at the rates prevailing on the reporting period date. All differences are taken to the Statement of Income and Retained Earnings.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 January 2025

38,970

22,295

61,265

Additions

190

844

1,034

At 31 December 2025

39,160

23,139

62,299

DEPRECIATION

At 1 January 2025

29,386

8,101

37,487

Charge for year

2,808

3,545

6,353

At 31 December 2025

32,194

11,646

43,840

NET BOOK VALUE

At 31 December 2025

6,966

11,493

18,459

At 31 December 2024

9,584

14,194

23,778

5.

STOCKS

2025

2024

£

£

Goods in transit

-

45,623

Finished goods

309,744

403,765

309,744

449,388

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

126,202

160,940

Other debtors

17,940

20,853

144,142

181,793

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

14,927

11,452

Taxation and social security

31,728

33,599

Other creditors

52,828

79,262

99,483

124,313

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

42,427

26,555

Between one and five years

166,036

11,072

208,463

37,627

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Carl Elsby ACA (Senior Statutory Auditor)

for and on behalf of Elsby & Co (Sywell) Ltd

11.	RELATED PARTY DISCLOSURES

During the period the company entered into the following transactions with related parties:

The company made purchases amounting to £100,016 (2024 - £193,943) from Aztec Manufacturing Inc., a company incorporated in the USA. Aztec Manufacturing Inc. is under the control of and owned as to 37% by H de Graan and 63% by M de Graan. The balance outstanding in respect of the above transactions, which is included within trade creditors in the balance sheet, amounted to £0 (2024 - £0).

12.	ULTIMATE CONTROLLING PARTY

The company's immediate and ultimate parent is Aztec International Spolka Akcyjna, incorporated in Poland.

The consolidated financial statements which include the results of Aztec (U.K) Limited, are available upon request from ul. Sowia 13 C, 62-080 Tarnowo Podgorne, Poland.

The ultimate controlling parties of Aztec International Spolka Akcyjna are considered to be M de Graan and HR de Graan.