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REGISTERED NUMBER: 03166446 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

KLM ENGINEERING LIMITED

| KLM ENGINEERING LIMITED (REGISTERED NUMBER: 03166446) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| KLM ENGINEERING LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JULY 2025

| DIRECTOR: | A Williamson

| REGISTERED OFFICE: | Earith Business Park

| Meadow Drove

| Earith

| Cambridgeshire

| PE28 3QF

| REGISTERED NUMBER: | 03166446 (England and Wales)

| ACCOUNTANTS: | TC Group

| 1st Floor

| 5-7 Portugal Place

| Cambridge

| Cambridgeshire

| CB5 8AF

| KLM ENGINEERING LIMITED (REGISTERED NUMBER: 03166446) |

BALANCE SHEET

31 JULY 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 781,043 |  | 893,749 |  |

CURRENT ASSETS

Stocks | 316,013 |  | 220,839 |  |

Debtors | 6 | 759,144 |  | 617,744 |  |

Cash and cash equivalents | 938,766 |  | 1,422,242 |  |

2,013,923 |  | 2,260,825 |  |

CREDITORS

Amounts falling due within one year | 7 | (490,631 | ) | (632,623 | ) |

NET CURRENT ASSETS | 1,523,292 |  | 1,628,202 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,304,335 |  | 2,521,951 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (43,426 | ) | (111,282 | ) |

PROVISIONS FOR LIABILITIES | 11 | (14,516 | ) | (154,037 | ) |

NET ASSETS | 2,246,393 |  | 2,256,632 |  |

CAPITAL AND RESERVES

Called up share capital | 12 | 360,000 |  | 360,000 |  |

Retained earnings | 1,886,393 |  | 1,896,632 |  |

SHAREHOLDERS' FUNDS | 2,246,393 |  | 2,256,632 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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.

| KLM ENGINEERING LIMITED (REGISTERED NUMBER: 03166446) |

BALANCE SHEET - continued

31 JULY 2025

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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 May 2026 and were signed by:

A Williamson - Director

| KLM ENGINEERING LIMITED (REGISTERED NUMBER: 03166446) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1. | STATUTORY INFORMATION

| KLM Engineering 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.

| 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.

| Critical accounting judgements and key sources of estimation uncertainty

| Useful economic lives of tangible fixed assets:

| Tangible fixed assets are depreciated over their expected useful lives taking into consideration residual values, where appropriate. The actual lives of the assets and residual values are assessed and amended when necessary to reflect the current estimates based on economic utilization and physical condition of the assets.

| Doubtful debts:

| The company makes an estimate of the recoverable value of trade and other debtors. When assessing impairment of trade debtors , management considers factors including the current credit rating of the debtor, the ageing of the debtor and historical experience regarding payment.

| Turnover

| Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

| Turnover is recognised when it is probable that economic benefits will flow to the company. Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business.

| 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 | - | 20% on reducing balance and 6.6% reducing balance

| Stocks and work in progress

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

| Provision for impairment of stock is provided for obsolete and slow moving stock items which are reviewed annually. Stocks which are considered to be impaired are written down to estimated selling price less costs to sell.

| KLM ENGINEERING LIMITED (REGISTERED NUMBER: 03166446) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

3. | ACCOUNTING POLICIES - continued

| Financial instruments

| Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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 material 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.

| Research and development

| Expenditure on research and development is written off in the year in which it is incurred.

| 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.

| 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.

| KLM ENGINEERING LIMITED (REGISTERED NUMBER: 03166446) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

3. | ACCOUNTING POLICIES - continued

| Grant income

| Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received using the performance model.

| The grant will therefore be recognised in income when the grant proceeds are received or receivable provided the terms of the grant do not impose future performance related conditions.

| If the terms of the grant do impose future performance related conditions, the grant is only recognised in income when the performance related conditions are met.

| Any grants that are received before the recognition criteria is met are recognised in the entity's financial statements as a liability.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 32 (2024 - 30 ) .

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |

| machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 1 August 2024 | 2,705,998 |  | 81,548 |  | 245,062 |  | 3,032,608 |  |

| Additions | 2,974 |  | - |  | - |  | 2,974 |  |

| Disposals | - |  | - |  | (28,000 | ) | (28,000 | ) |

| At 31 July 2025 | 2,708,972 |  | 81,548 |  | 217,062 |  | 3,007,582 |  |

| DEPRECIATION

| At 1 August 2024 | 1,927,360 |  | 76,577 |  | 134,922 |  | 2,138,859 |  |

| Charge for year | 92,141 |  | 1,238 |  | 21,970 |  | 115,349 |  |

| Eliminated on disposal | - |  | - |  | (27,669 | ) | (27,669 | ) |

| At 31 July 2025 | 2,019,501 |  | 77,815 |  | 129,223 |  | 2,226,539 |  |

| NET BOOK VALUE

| At 31 July 2025 | 689,471 |  | 3,733 |  | 87,839 |  | 781,043 |  |

| At 31 July 2024 | 778,638 |  | 4,971 |  | 110,140 |  | 893,749 |  |

| KLM ENGINEERING LIMITED (REGISTERED NUMBER: 03166446) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

5. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and |  | Motor |

| machinery |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 August 2024

| and 31 July 2025 | 242,351 |  | 183,527 |  | 425,878 |  |

| DEPRECIATION

| At 1 August 2024 | 73,246 |  | 75,821 |  | 149,067 |  |

| Charge for year | 33,821 |  | 21,541 |  | 55,362 |  |

| At 31 July 2025 | 107,067 |  | 97,362 |  | 204,429 |  |

| NET BOOK VALUE

| At 31 July 2025 | 135,284 |  | 86,165 |  | 221,449 |  |

| At 31 July 2024 | 169,105 |  | 107,706 |  | 276,811 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 678,873 |  | 532,251 |  |

| Other debtors | 80,271 |  | 85,493 |  |

759,144 |  | 617,744 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts (see note 9) | 67,856 |  | 73,323 |  |

| Trade creditors | 232,201 |  | 192,515 |  |

| Taxation and social security | 125,569 |  | 123,879 |  |

| Other creditors | 65,005 |  | 242,906 |  |

490,631 |  | 632,623 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts (see note 9) | 43,426 |  | 111,282 |  |

| KLM ENGINEERING LIMITED (REGISTERED NUMBER: 03166446) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

9. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | 67,856 |  | 73,323 |  |

| Between one and five years | 43,426 |  | 111,282 |  |

111,282 |  | 184,605 |  |

| Non-cancellable |

| operating leases |

2025 | 2024 |

£ | £ |

| Within one year | 147,000 |  | 147,000 |  |

| The company has annual commitments of £147,000 per annum in respect of a rolling 12 month agreement for the use of its commercial premises.

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 111,282 |  | 184,605 |  |

| Liabilities held under hire purchase agreements are secured against the assets to which they relate.

11. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 14,516 |  | 154,037 |  |

| Deferred |

| tax |

£ |

| Balance at 1 August 2024 | 154,037 |  |

| Provided during year | (139,521 | ) |

| Balance at 31 July 2025 | 14,516 |  |

| KLM ENGINEERING LIMITED (REGISTERED NUMBER: 03166446) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

12. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 360,000 | Ordinary | £1 | 360,000 |  | 360,000 |  |

13. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is A Williamson.