REGISTERED NUMBER: 04105370 (England and Wales)

Financial Statements

for the year ended

31 December 2025

for

WIPOTEC-OCS Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T A Duppre

T Kraemer

N J Banfield

REGISTERED OFFICE:

31 Home Close

Carterton

Oxfordshire

OX18 3GQ

REGISTERED NUMBER:

04105370 (England and Wales)

AUDITORS:

Just Audit Limited

Chartered Accountants and Statutory Auditors

Strelley Hall

Main Street

Strelley

Nottingham

NG8 6PE

FIXED ASSETS

Tangible assets

5

360,392

359,242

CURRENT ASSETS

Stocks

57,216

75,005

Debtors

6

1,010,004

631,202

Cash at bank

438,816

793,412

1,506,036

1,499,619

CREDITORS

Amounts falling due within one year

7

2,612,853

2,771,948

NET CURRENT LIABILITIES

(1,106,817

)

(1,272,329

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(746,425

)

(913,087

)

ACCRUALS AND DEFERRED INCOME

245,992

525,832

NET LIABILITIES

(992,417

)

(1,438,919

)

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

(1,042,417

)

(1,488,919

)

SHAREHOLDERS' FUNDS

(992,417

)

(1,438,919

)

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 30 September 2026 and were signed on its behalf by:

T A Duppre - Director

1.	STATUTORY INFORMATION

WIPOTEC-OCS Limited is a private company limited by shares incorporated in England and Wales. The registered office is 31 Home Close, Carterton, Oxfordshire, OX18 3GQ. The registered number is 04105370.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The accounts have been prepared under the going concern concept due to the fact that the company has the continued support of the group. The directors have been given assurance that this support will continue for the foreseeable future.

Turnover

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

The company recognises revenue upon delivery of machines and parts; and on the completion of servicing work. Machine sales are invoiced in stage payments which are included on the balance sheet as deferred income until delivery has taken place. All other sales are invoiced based on the stage of completion of work.

Tangible fixed assets

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

Depreciation is provided at the following annual rates in order to write off cost less estimated residual value of each asset over its estimated useful life:

Short leasehold improvements

Over the term of the lease

Demo machines

10% Straight line

Furniture and fittings

15% Straight line

Computer equipment

25% Straight line

Motor vehicles

35% Reducing balance

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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

Contributions payable to employees pension schemes are charged to the profit and loss account in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 12 ) .

5.	TANGIBLE FIXED ASSETS

Short

Plant and

leasehold

machinery

improvements

etc

Totals

£

£

£

COST

At 1 January 2025

188,410

757,987

946,397

Additions

-

87,853

87,853

Disposals

-

(46,676

)

(46,676

)

At 31 December 2025

188,410

799,164

987,574

DEPRECIATION

At 1 January 2025

188,410

398,745

587,155

Charge for year

-

80,470

80,470

Eliminated on disposal

-

(40,443

)

(40,443

)

At 31 December 2025

188,410

438,772

627,182

NET BOOK VALUE

At 31 December 2025

-

360,392

360,392

At 31 December 2024

-

359,242

359,242

During the year, the directors completed a review of the company’s depreciation policy in respect of demo machines included within plant and machinery. This review concluded that the previous depreciation policy did not appropriately reflect the expected useful economic life and residual value of these assets. The directors now consider the prior estimate to have been incorrect.

Accordingly, the depreciation rates and residual value assumptions have been revised to better reflect the assets’ actual pattern of consumption and expected useful economic life. This change has been treated as a prior year adjustment, resulting in a restatement of comparative figures to correct the previous misstatement.

The impact of this adjustment has been to reduce the cumulative depreciation brought forward at 1 January 2025 by £159,337, of which £41,605 related to the 2024 financial year. This reduced administrative expenses and increased the profit reported for the year ended 31 December 2024 by £41,605 and also increased tangible fixed asset net book values and retained earnings as at 31 December 2024 by £159,337.

6.

DEBTORS

2025

2024

as restated

£

£

Amounts falling due within one year:

Trade debtors

591,190

520,851

Amounts owed by group undertakings

98,388

-

Other debtors

314,426

104,351

1,004,004

625,202

Amounts falling due after more than one year:

Other debtors

6,000

6,000

Aggregate amounts

1,010,004

631,202

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade creditors

2,326

94,204

Amounts owed to group undertakings

2,334,699

2,383,734

Taxation and social security

96,949

172,792

Other creditors

178,879

121,218

2,612,853

2,771,948

Reclassification of comparative

Previously, deferred income was included within other creditors (2024: £525,832). This has now been reclassified to be disclosed separately on the face of the balance sheet in order to better reflect the fact that this amount is not a creditor but represents income which cannot be recognised as at the year end.

In the opinion of the directors, this presents a fairer picture of the company's financial position to readers of the financial statements. There is no effect on net liabilities at 31 December 2024.

8.	LEASING AGREEMENTS

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

2025

2024

as restated

£

£

Within one year

48,500

51,330

Between one and five years

80,833

126,320

129,333

177,650

9.	DEFERRED TAX

£

Credit to Income Statement during year

(277,900

)

Balance at 31 December 2025

(277,900

)

During the year, the company recognised a deferred tax asset in respect of cumulative tax losses for the first time. This follows an updated assessment of future taxable profit forecasts, which provides sufficient evidence that the utilisation of these losses is now probable. The resulting credit of £277,900 to the tax disclosed in the income statement has been presented as an exceptional item due to its material impact on the current year’s results.

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

The Report of the Auditors was unqualified.

Rachel Davis BA FCA (Senior Statutory Auditor)

for and on behalf of Just Audit Limited

11.	ULTIMATE CONTROLLING PARTY

The parent company of the smallest group into which the accounts of WIPOTEC-OCS Limited are consolidated is WIPOTEC GmbH. Their registered office address is:

Adam-Hoffmann-Str. 26

67657 Kaiserslautern

Germany

The ultimate parent company is WIPOTEC GmbH, a company incorporated in Germany.