CARMELS PRECISION LIMITED

CARMELS PRECISION LIMITED Accountants' Report For the year ended 31 March 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. NEWINTON ACCOUNTANCY LTD 31 March 2025 .................................................... NEWINTON ACCOUNTANCY LTD 22 September 2025 1

CARMELS PRECISION LIMITED
Accountants' Report
For the year ended 31 March 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
NEWINTON ACCOUNTANCY LTD
31 March 2025

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NEWINTON ACCOUNTANCY LTD

22 September 2025

CARMELS PRECISION LIMITED
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	3,100	5,600
Tangible fixed assets	4	322,369	197,394
Investments	5	275,000	0
		600,469	202,994
Current assets
Stocks		182,997	21,285
Debtors		195,389	980,340
Cash at bank and in hand		140,475	197,239
		518,861	1,198,864
Creditors: amount falling due within one year		(1,096,424)	(1,318,950)
Net current assets		(577,563)	(120,086)

Total assets less current liabilities		22,906	82,908
Creditors: amount falling due after more than one year		(329,134)	(363,219)
Provisions for liabilities		(2,716)	(3,508)
Net assets		(308,944)	(283,819)

Capital and reserves
Called up share capital	6	8	8
Profit and loss account		(308,952)	(283,827)
Shareholders' funds		(308,944)	(283,819)

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 22 September 2025 and were signed on its behalf by:

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OKOYE Ejike Kenneth
Director

CARMELS PRECISION LIMITED
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

CARMELS PRECISION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12519218, registration address 10 MALVERN ROAD,, AYLESBURY BUCKINGHAMSHIRE, HP20 1QF.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

Group accounts

The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Goodwill Acquired on business purchase
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 5 years.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 11 (2024 : 11).

Intangible fixed assets

Cost	Goodwill	Patents	Total
	£	£	£
At 01 April 2024	12,750	1,250	14,000
Additions	-	-	-
Disposals	-	-	-
At 31 March 2025	12,750	1,250	14,000
Amortisation
At 01 April 2024	7,650	750	8,400
Charge for year	2,250	250	2,500
On disposals	-	-	-
At 31 March 2025	9,900	1,000	10,900
Net book values
At 31 March 2025	2,850	250	3,100
At 31 March 2024	5,100	500	5,600

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 April 2024	387,792	-	8,546	-	396,338
Additions	245,208	6,750	6,793	1,368	260,119
Disposals	-	-	-	-	-
At 31 March 2025	633,000	6,750	15,339	1,368	656,457
Depreciation
At 01 April 2024	197,251	-	2,657	-	199,908
Charge for year	132,041	1,406	329	404	134,180
On disposals	-	-	-	-	-
At 31 March 2025	329,292	1,406	2,986	404	334,088
Net book values
Closing balance as at 31 March 2025	303,708	5,344	12,353	964	322,369
Opening balance as at 01 April 2024	190,541	-	5,889	964	197,394

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 April 2024	-	-
Additions	275,000	275,000
Transfer to/from tangible fixed assets	0	0
Disposals	-	-
At 31 March 2025	275,000	275,000

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
8 Class A shares of £1.00 each	8		8
	8		8

Registered Number: 12519218
England and Wales
CARMELS PRECISION LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025