REGISTERED NUMBER: 06137671 (England and Wales)

AZTEC LABEL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C R Le Gresley

Mrs S E Le Gresley

O J Le Gresley

SECRETARY:

Mrs S E Le Gresley

REGISTERED OFFICE:

Unit 1 Ricketts Close

Firs Industrial Estate

Kidderminster

Worcestershire

DY11 7QN

REGISTERED NUMBER:

06137671 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,700,233

1,207,493

CURRENT ASSETS

Stocks

5

422,981

202,506

Debtors

6

1,592,804

1,236,772

Cash at bank

45,786

46,027

2,061,571

1,485,305

CREDITORS

Amounts falling due within one year

7

2,681,743

1,984,414

NET CURRENT LIABILITIES

(620,172

)

(499,109

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,080,061

708,384

CREDITORS

Amounts falling due after more than one year

8

(243,222

)

(49,285

)

PROVISIONS FOR LIABILITIES

10

(322,230

)

(278,033

)

ACCRUALS AND DEFERRED INCOME

(4,300

)

(5,058

)

NET ASSETS

510,309

376,008

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

510,209

375,908

SHAREHOLDERS' FUNDS

510,309

376,008

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2026 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 6th October 2026 and were signed on its behalf by:

C R Le Gresley - Director

Mrs S E Le Gresley - Director

1.	STATUTORY INFORMATION

Aztec Label 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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

The accounts have been prepared on a going concern basis. The directors confirm loans will be made available to the company to enable it to meet its liabilities as they fall due.

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.

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

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 first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

Basic financial liabilities, including trade and other debtors, bank loans and loans are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Financial assets and liabilities are only offset in the balance sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the company intends to either settle on a net basis, or to realise the asset and settle the liability simultaneously.

Debt instruments that have no stated interest rate are classified as payable or receivable within one year are initially measured at an un-discounted amount of the cash or other consideration expected to be paid, net of impairment.

Taxation

Current tax is recognised for the amount of corporation tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax

Deferred tax is recognised in respect of all timing differences at the reporting date, except as otherwise indicated.

Deferred tax assets are only recognised to the extent that is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. If and when all conditions for retaining tax allowances for the cost of a fixed asset have been met, the deferred tax is reversed.

Deferred tax is calculated using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

With the exception of changes arising on the initial recognition of a business combination, the tax expense (income) is presented either in profit or loss, other comprehensive income or equity depending on the transaction that resulted in the tax expense (income).

Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. Deferred tax assets and deferred tax liabilities are offset only if:

- The company has a legally enforceable right to set off current tax assets against current tax liabilities, and

- The deferred tax assets and deferred tax liabilities relate to corporation taxes levied by the same taxation authority on either the same taxable entity or different taxable entities which intend either to settle current tax liabilities and assets on a net basis, or to realise the assets and settle the liabilities simultaneously.

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.

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.

Grant income

The government grant received has been amortised on the basis of 15% reducing balance in line with the depreciation of the assets it relates to.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2025 - 29 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1st July 2025

2,982,415

116,572

79,188

3,178,175

Additions

681,734

8,037

3,606

693,377

Disposals

(6,750

)

-

-

(6,750

)

At 30th June 2026

3,657,399

124,609

82,794

3,864,802

DEPRECIATION

At 1st July 2025

1,870,874

63,669

36,139

1,970,682

Charge for year

178,763

9,142

6,995

194,900

Eliminated on disposal

(1,013

)

-

-

(1,013

)

At 30th June 2026

2,048,624

72,811

43,134

2,164,569

NET BOOK VALUE

At 30th June 2026

1,608,775

51,798

39,660

1,700,233

At 30th June 2025

1,111,541

52,903

43,049

1,207,493

The net book value of tangible fixed assets includes £ 323,809 (2025 - £ 209,250 ) in respect of assets held under hire purchase contracts.

5.

STOCKS

2026

2025

£

£

Stocks

408,156

197,355

Work-in-progress

14,825

5,151

422,981

202,506

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,333,738

1,063,410

Amounts owed by group undertakings

225,394

151,455

Other debtors

6,246

13,566

VAT

-

1,456

Prepayments

27,426

6,885

1,592,804

1,236,772

Included in trade debtors are factored invoices amounting to £931,105 (2024 - £564,774).

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

81,479

65,497

Trade creditors

1,570,154

1,257,589

Tax

-

39

Social security and other taxes

86,936

85,574

Other creditors

935,573

568,527

Accrued expenses

6,147

5,478

Deferred government grants

1,454

1,710

2,681,743

1,984,414

Included in Other creditors is an amount of £931,105 (2025 - £564,774) which has been advanced against factored debts as per note 9.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

239,285

44,653

Deferred government grants

3,937

4,632

243,222

49,285

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

320,764

110,150

Invoice financing

931,105

564,774

1,251,869

674,924

The invoice financing agreement is secured by way of a fixed and floating charge over the assets of the company.

Hire purchase liabilities are secured on the assets to which they relate.

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

322,230

278,033

Deferred tax

£

Balance at 1st July 2025

278,033

Charge to Income Statement during year

44,197

Balance at 30th June 2026

322,230

11.	RELATED PARTY DISCLOSURES

Rent of £187,400 and management charges of £48,000 were paid from Aztec Label Limited to its parent company, Cortes Gold Limited (2025 rent - £187,400 and management charges £48,000).