Sub-CNC Precision Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 06761061

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,620,134		2,371,936

			2,620,134		2,371,936
CURRENT ASSETS
Stocks		75,762		12,000
Debtors	5	422,335		444,809
Cash at bank and in hand		572,298		500,221

		1,070,395		957,030
Creditors: Amounts Falling Due Within One Year	6	(1,011,165 )		(540,867 )

NET CURRENT ASSETS (LIABILITIES)			59,230		416,163

TOTAL ASSETS LESS CURRENT LIABILITIES			2,679,364		2,788,099

Creditors: Amounts Falling Due After More Than One Year	7		(452,154 )		(847,712 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(454,282 )		(381,874 )

NET ASSETS			1,772,928		1,558,513

CAPITAL AND RESERVES
Called up share capital	9		101		101
Share premium account			(13,000 )		(13,000 )
Capital redemption reserve			1		1
Profit and Loss Account			1,785,826		1,571,411

SHAREHOLDERS' FUNDS			1,772,928		1,558,513

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Sub-CNC Precision Ltd

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Yian Stavrou

Director

16/01/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Sub-CNC Precision Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06761061 . The registered office is Unit O Cradock Road, Industrial Estate, Luton, Bedfordshire, England,, LU4 0JF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

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

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Over 50 years
Leasehold	10% SLM
Plant & Machinery	10% RBM
Motor Vehicles	25% SLM
Fixtures & Fittings	25% RBM
Computer Equipment	25% RBM

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Sub-CNC Precision Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

2.7. Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2.8. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.9. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 20 (2024: 18)

4. Tangible Assets

	Land & Property
	Freehold	Leasehold	Plant & Machinery	Motor Vehicles
	£	£	£	£
Cost
As at 1 October 2024	880,000	18,029	2,650,997	29,740
Additions	-	-	497,900	-
Disposals	-	-	(124,081 )	-

As at 30 September 2025	880,000	18,029	3,024,816	29,740

Depreciation
As at 1 October 2024	70,400	5,366	1,163,899	12,429
Provided during the period	17,600	1,802	164,206	5,935
Disposals	-	-	(73,161 )	-

As at 30 September 2025	88,000	7,168	1,254,944	18,364

Net Book Value
As at 30 September 2025	792,000	10,861	1,769,872	11,376

As at 1 October 2024	809,600	12,663	1,487,098	17,311

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Sub-CNC Precision Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025


	Fixtures & Fittings	Total
	£	£
Cost
As at 1 October 2024	89,416	3,668,182
Additions	2,502	500,402
Disposals	-	(124,081 )

As at 30 September 2025	91,918	4,044,503

Depreciation
As at 1 October 2024	44,152	1,296,246
Provided during the period	11,741	201,284
Disposals	-	(73,161 )

As at 30 September 2025	55,893	1,424,369

Net Book Value
As at 30 September 2025	36,025	2,620,134

As at 1 October 2024	45,264	2,371,936

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	422,334	443,124
Other debtors	1	1,685

	422,335	444,809

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	211,555	143,257
Trade creditors	123,909	204,148
Bank loans and overdrafts	543,076	19,237
Other creditors	13,202	1,882
Taxation and social security	119,423	172,343

	1,011,165	540,867

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	452,154	302,803
Bank loans	-	544,909

	452,154	847,712

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Sub-CNC Precision Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	211,555	143,257
Later than one year and not later than five years	452,154	302,803

	663,709	446,060

	663,709	446,060

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	101	101

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