HEC (Precision) Limited 30/09/2025 iXBRL

Company registration number: 02972198

HEC (Precision) Limited

Trading as HEC (Precision) Limited

Unaudited filleted financial statements

30 September 2025

HEC (Precision) Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

HEC (Precision) Limited

Directors and other information


	Directors	Mr Kevin Manhood
		Mr Keith Manhood
		Mr Daniel Recknell


	Secretary	Mrs F M H Manhood


	Company number	02972198


	Registered office	Unit 5
		Cranleigh Gardens Industrial Estate
		Southall
		Middlesex
		UB1 2BZ


	Business address	Unit 5
		Cranleigh Gardens Industrial Estate
		Southall
		Middx
		UB1 2BZ


	Accountants	R B Shah Accountancy Limited
		44 Jellicoe Gardens
		Stanmore
		Middlesex
		HA7 3NS

HEC (Precision) Limited

Statement of financial position

30 September 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	760,672		960,061
		_______		_______
			760,672		960,061

Current assets
Stocks		767,862		886,151
Debtors	6	494,270		628,306
Cash at bank and in hand		64,706		23,188
		_______		_______
		1,326,838		1,537,645
Creditors: amounts falling due
within one year	7	( 576,205)		( 843,120)
		_______		_______
Net current assets			750,633		694,525
			_______		_______
Total assets less current liabilities			1,511,305		1,654,586

Creditors: amounts falling due
after more than one year	8		( 233,152)		( 321,297)

Provisions for liabilities			( 190,168)		( 240,015)

			_______		_______
Net assets			1,087,985		1,093,274
			_______		_______

Capital and reserves
Called up share capital			1,120		1,120
Profit and loss account			1,086,865		1,092,154
			_______		_______
Shareholders funds			1,087,985		1,093,274
			_______		_______

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.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 11 February 2026 , and are signed on behalf of the board by:

Mr Kevin Manhood

Director

Company registration number: 02972198

HEC (Precision) Limited

Notes to the financial statements

Year ended 30 September 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Unit 5, Cranleigh Gardens Industrial Estate, Southall, Middlesex, UB1 2BZ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	10 %	straight line
Fittings fixtures and equipment	-	25 %	straight line
Motor vehicles	-	20 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 28 (2024: 28 ).

5. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 October 2024	2,589,443	65,175	232,338	2,886,956
Additions	-	4,897	-	4,897
	_______	_______	_______	_______
At 30 September 2025	2,589,443	70,072	232,338	2,891,853
	_______	_______	_______	_______
Depreciation
At 1 October 2024	1,757,338	33,371	136,186	1,926,895
Charge for the year	144,074	13,746	46,466	204,286
	_______	_______	_______	_______
At 30 September 2025	1,901,412	47,117	182,652	2,131,181
	_______	_______	_______	_______
Carrying amount
At 30 September 2025	688,031	22,955	49,686	760,672
	_______	_______	_______	_______
At 30 September 2024	832,105	31,804	96,152	960,061
	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	454,635	619,823
Other debtors	39,635	8,483
	_______	_______
	494,270	628,306
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	79,064	80,004
Trade creditors	144,238	313,790
Corporation tax	97,181	42,427
Social security and other taxes	121,304	112,244
Other creditors	134,418	294,655
	_______	_______
	576,205	843,120
	_______	_______

The bank loans are secured by a debenture over the company's assets.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	37,708	79,428
Other creditors	195,444	241,869
	_______	_______
	233,152	321,297
	_______	_______

The bank loans are secured by a debenture over the company's assets.

9. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mr Keith Manhood	( 100,000)	100,000	-
		_______	_______	_______

2024
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mr Keith Manhood	( 100,093)	93	( 100,000)
		_______	_______	_______

10. Controlling party

The company is under the control of the director K E Manhood, who together with his wife owns 89% of the issued ordinary share capital.