REGISTERED NUMBER: 04067902 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

STALCOM AUTOMOTIVE TECHNOLOGIES

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R R Mustard

Mr N Yates

Mr A J Hoare

REGISTERED OFFICE:

Unit 4 Abbey View Business Park

Abbey View Road

Pinvin

Pershore

Worcestershire

WR102FW

REGISTERED NUMBER:

04067902 (England and Wales)

FIXED ASSETS

Intangible assets

4

30,923

23,946

Tangible assets

5

8,631

13,082

39,554

37,028

CURRENT ASSETS

Stocks

-

12,468

Debtors

6

8,870

7,044

Cash at bank

869

1,799

9,739

21,311

CREDITORS

Amounts falling due within one year

7

418,175

373,663

NET CURRENT LIABILITIES

(408,436

)

(352,352

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(368,882

)

(315,324

)

CREDITORS

Amounts falling due after more than one year

8

21,273

27,097

NET LIABILITIES

(390,155

)

(342,421

)

CAPITAL AND RESERVES

Called up share capital

501

501

Share premium

71,999

71,999

Retained earnings

(462,655

)

(414,921

)

SHAREHOLDERS' FUNDS

(390,155

)

(342,421

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 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 7 May 2026 and were signed on its behalf by:

Mr R R Mustard - Director

1.	STATUTORY INFORMATION

Stalcom Automotive Technologies 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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax. It is recognised at the point the consultancy is undertaken or where goods are supplied to the end customer.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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

-

15% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

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.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Going concern

During the year ended 30 September 2025, the company incurred a loss for the year of £47,734 and had net liabilities at that date of £390,155.

The director considers the going concern basis to be appropriate due to the availability of support from the company's parent undertaking (including that undertaking not requesting repayment of any amounts owed to them by the company whilst any other creditors of the company remain unpaid, except to the extent that the company is able to discharge all its debts and liabilities as they fall due) and other mitigating actions that can be taken during that period.

The financial statements do not reflect any adjustments that would be necessary should the going concern basis not be appropriate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 2 ).

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 October 2024

35,131

Additions

11,565

At 30 September 2025

46,696

AMORTISATION

At 1 October 2024

11,185

Amortisation for year

4,588

At 30 September 2025

15,773

NET BOOK VALUE

At 30 September 2025

30,923

At 30 September 2024

23,946

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 October 2024

and 30 September 2025

121,522

11,423

37,538

170,483

DEPRECIATION

At 1 October 2024

108,907

11,043

37,451

157,401

Charge for year

4,154

210

87

4,451

At 30 September 2025

113,061

11,253

37,538

161,852

NET BOOK VALUE

At 30 September 2025

8,461

170

-

8,631

At 30 September 2024

12,615

380

87

13,082

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,614

-

Amounts owed by group undertakings

4,900

-

Other debtors

1,356

7,044

8,870

7,044

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,601

6,751

Trade creditors

8,471

10,107

Amounts owed to group undertakings

373,399

323,033

Other creditors

29,704

33,772

418,175

373,663

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

21,273

27,097

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

27,874

33,848

The bank loans are secured on the property of the company.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end an amount of £10,000 (2024 : £10,000) was owing to Mr RR Mustard, a director and shareholder of the company. The amount is interest free with no fixed terms of repayment.