REGISTERED NUMBER: 05390759 (England and Wales)

Financial Statements

for the Year Ended 31 January 2026

for

Millitec Food Systems Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R D Ledger

REGISTERED OFFICE:

20 Victoria Road

Draycott

Derbyshire

DE72 3PS

REGISTERED NUMBER:

05390759 (England and Wales)

ACCOUNTANTS:

Mabe Allen LLP

Chartered Accountants

The Old Manse

29 St. Mary Street

Ilkeston

Derbyshire

DE7 8AB

FIXED ASSETS

Tangible assets

4

496,039

549,904

CURRENT ASSETS

Stocks

281,075

402,758

Debtors

5

1,566,467

1,004,893

Cash at bank and in hand

840,876

1,007,939

2,688,418

2,415,590

CREDITORS

Amounts falling due within one year

6

567,441

521,765

NET CURRENT ASSETS

2,120,977

1,893,825

TOTAL ASSETS LESS CURRENT LIABILITIES

2,617,016

2,443,729

PROVISIONS FOR LIABILITIES

107,599

118,397

NET ASSETS

2,509,417

2,325,332

CAPITAL AND RESERVES

Called up share capital

75

75

Capital redemption reserve

25

25

Retained earnings

2,509,317

2,325,232

2,509,417

2,325,332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 October 2026 and were signed by:

R D Ledger - Director

1.	STATUTORY INFORMATION

Millitec Food Systems Ltd 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.

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.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2025 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

2,437,369

Additions

151,893

Disposals

(399,332

)

At 31 January 2026

2,189,930

DEPRECIATION

At 1 February 2025

1,887,465

Charge for year

172,946

Eliminated on disposal

(366,520

)

At 31 January 2026

1,693,891

NET BOOK VALUE

At 31 January 2026

496,039

At 31 January 2025

549,904

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,192,001

846,143

Amounts owed by group undertakings

179,770

-

Other debtors

194,696

158,750

1,566,467

1,004,893

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

276,610

370,915

Taxation and social security

132,854

33,759

Other creditors

157,977

117,091

567,441

521,765

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

2026

2025

£

£

R D Ledger

Balance outstanding at start of year

-

-

Amounts advanced

27,562

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

27,562

-

8.	ULTIMATE CONTROLLING PARTY

The company is a 100% owned subsidiary of Millitec Group Limited, a company registered in England and Wales Both the company and its parent share the same registered office address.