IRIS Accounts Production v26.1.0.640 SC326471 Board of Directors 1.4.25 31.3.26 31.3.26 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC326471 2025-03-31 SC326471 2026-03-31 SC326471 2025-04-01 2026-03-31 SC326471 2024-03-31 SC326471 2024-04-01 2025-03-31 SC326471 2025-03-31 SC326471 ns15:Scotland 2025-04-01 2026-03-31 SC326471 ns14:PoundSterling 2025-04-01 2026-03-31 SC326471 ns10:Director1 2025-04-01 2026-03-31 SC326471 ns10:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 SC326471 ns10:SmallEntities 2025-04-01 2026-03-31 SC326471 ns10:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 SC326471 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-01 2026-03-31 SC326471 ns10:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 SC326471 ns10:AbridgedAccounts 2025-04-01 2026-03-31 SC326471 1 2025-04-01 2026-03-31 SC326471 ns10:Director2 2025-04-01 2026-03-31 SC326471 ns10:CompanySecretary1 2025-04-01 2026-03-31 SC326471 ns10:RegisteredOffice 2025-04-01 2026-03-31 SC326471 ns5:CurrentFinancialInstruments 2026-03-31 SC326471 ns5:CurrentFinancialInstruments 2025-03-31 SC326471 ns5:Non-currentFinancialInstruments 2026-03-31 SC326471 ns5:Non-currentFinancialInstruments 2025-03-31 SC326471 ns5:ShareCapital 2026-03-31 SC326471 ns5:ShareCapital 2025-03-31 SC326471 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 SC326471 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 SC326471 ns5:NetGoodwill 2025-04-01 2026-03-31 SC326471 ns5:IntangibleAssetsOtherThanGoodwill 2025-04-01 2026-03-31 SC326471 ns5:LeaseholdImprovements 2025-04-01 2026-03-31 SC326471 ns5:PlantMachinery 2025-04-01 2026-03-31 SC326471 ns5:FurnitureFittings 2025-04-01 2026-03-31 SC326471 ns5:MotorVehicles 2025-04-01 2026-03-31 SC326471 ns5:Secured 2026-03-31 SC326471 ns5:Secured 2025-03-31 SC326471 2 ns10:Director2 2025-03-31 SC326471 2 ns10:Director2 2024-03-31 SC326471 2 ns10:Director2 2025-04-01 2026-03-31 SC326471 2 ns10:Director2 2024-04-01 2025-03-31 SC326471 2 ns10:Director2 2026-03-31 SC326471 2 ns10:Director2 2025-03-31

REGISTERED NUMBER: SC326471 (Scotland)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2026 |

| for |

| Bar Knight Precision Engineers Limited |

| Bar Knight Precision Engineers Limited (Registered number: SC326471) |

Contents of the Financial Statements

for the Year Ended 31 March 2026

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Chartered Certified Accountants' Report | 9 |

| Bar Knight Precision Engineers Limited |

Company Information

for the Year Ended 31 March 2026

| DIRECTORS: | Mrs E J Kirkwood

| A Kirkwood

| SECRETARY: | Mrs E J Kirkwood

| REGISTERED OFFICE: | Ground Floor (part)

| Unit 8000 Academy Business Park

| 51 Gower Street

| Glasgow

| G51 1PR

| REGISTERED NUMBER: | SC326471 (Scotland)

| ACCOUNTANTS: | T B Dunn & Co

| Ground Floor (part)

| 8000 Academy Business Park

| 51 Gower Street

| GLASGOW

| G51 1PR

| Bar Knight Precision Engineers Limited (Registered number: SC326471) |

Abridged Balance Sheet

31 March 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 6,861 |  | 8,431 |  |

Investments | 6 | 10,000 |  | 10,000 |  |

16,861 |  | 18,431 |  |

CURRENT ASSETS

Stocks | 12,113 |  | 45,250 |  |

Debtors | 46,053 |  | 39,396 |  |

Cash at bank | 103,481 |  | 129,128 |  |

161,647 |  | 213,774 |  |

CREDITORS

Amounts falling due within one year | 58,944 |  | 111,889 |  |

NET CURRENT ASSETS | 102,703 |  | 101,885 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 119,564 |  | 120,316 |  |

CREDITORS

Amounts falling due after more than one year | (2,379 | ) | (12,705 | ) |

PROVISIONS FOR LIABILITIES | (984 | ) | (1,212 | ) |

NET ASSETS | 116,201 |  | 106,399 |  |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Retained earnings | 115,201 |  | 105,399 |  |

SHAREHOLDERS' FUNDS | 116,201 |  | 106,399 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

| Bar Knight Precision Engineers Limited (Registered number: SC326471) |

Abridged Balance Sheet - continued

31 March 2026

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2026 and were signed on its behalf by:

Mrs E J Kirkwood - Director

| Bar Knight Precision Engineers Limited (Registered number: SC326471) |

Notes to the Financial Statements

for the Year Ended 31 March 2026

1. | STATUTORY INFORMATION

| Bar Knight Precision Engineers Limited is a private company, limited by shares , registered in Scotland. 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.

| Significant judgements and estimates

| Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on management's best knowledge of the amount, events or actions, actual results ultimately may differ from those estimates.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

| 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.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Improvements to property | - | 10% on cost

| Plant and machinery | - | 20% on reducing balance

| Fixtures and fittings | - | 33% on reducing balance and 15% on reducing balance

| Motor vehicles | - | 25% on cost

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Stocks

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

| Bar Knight Precision Engineers Limited (Registered number: SC326471) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has no complex financial instruments but does hold basic financial instruments of; cash at bank, debtors and creditors.

| Cash and cash equivalents comprise cash at bank and on hand, foreign currency on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. A bank overdraft would be shown within current liabilities.

| Trade and other debtors are initially recognised at fair value and subsequently measured at amortised cost using the effective interest method, less losses for bad debts except where the effective of discounting would be immaterial. In such cases, trade and other debtors are stated at cost less losses for bad debts.

| Trade and other creditors are initially recognised at fair value and subsequently measured at amortised cost using the effective interest rate unless the effect of discounting would be immaterial. In such cases, trade and other creditors are stated at cost.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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.

| Bar Knight Precision Engineers Limited (Registered number: SC326471) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

2. | ACCOUNTING POLICIES - continued

| Employee benefits

| The total cost of employee benefits to which employees have become entitled because of services rendered to the entity during the reporting period are recognised and charged to the profit and loss account in the period to which they relate.

| Fixed asset impairment

| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

| Provisions

| A provision is initially recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that there will be the transfer of funds in settlement and the amount of the obligation can be estimated reliably. The provision is subsequently measured by placing a charge against the provision only for expenditure for which the provision was originally recognised.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 8 (2025 - 8 ) .

4. | INTANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 April 2025

| and 31 March 2026 | 1,187,533 |  |

| AMORTISATION

| At 1 April 2025

| and 31 March 2026 | 1,187,533 |  |

| NET BOOK VALUE

| At 31 March 2026 | - |  |

| At 31 March 2025 | - |  |

| Bar Knight Precision Engineers Limited (Registered number: SC326471) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 April 2025 | 604,305 |  |

| Additions | 470 |  |

| At 31 March 2026 | 604,775 |  |

| DEPRECIATION

| At 1 April 2025 | 595,874 |  |

| Charge for year | 2,040 |  |

| At 31 March 2026 | 597,914 |  |

| NET BOOK VALUE

| At 31 March 2026 | 6,861 |  |

| At 31 March 2025 | 8,431 |  |

6. | FIXED ASSET INVESTMENTS

| Information on investments other than loans is as follows:

| Totals

£ |

| COST

| At 1 April 2025

| and 31 March 2026 | 10,000 |  |

| NET BOOK VALUE

| At 31 March 2026 | 10,000 |  |

| At 31 March 2025 | 10,000 |  |

7. | SECURED DEBTS

| The following secured debts are included within creditors:

2026 | 2025 |

£ | £ |

| Bank loans | 12,379 |  | 22,705 |  |

| The Royal Bank of Scotland PLC has a bond and floating charge over the company assets.

| Bar Knight Precision Engineers Limited (Registered number: SC326471) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026 | 2025 |

£ | £ |

| A Kirkwood

| Balance outstanding at start of year | - |  | 31 |  |

| Amounts repaid | - |  | (31 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |

Chartered Certified Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

Bar Knight Precision Engineers Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bar Knight Precision Engineers Limited for the year ended 31 March 2026 which comprise the Abridged Statement of Income and Retained Earnings, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Bar Knight Precision Engineers Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bar Knight Precision Engineers Limited and state those matters that we have agreed to state to the Board of Directors of Bar Knight Precision Engineers Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bar Knight Precision Engineers Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bar Knight Precision Engineers Limited. You consider that Bar Knight Precision Engineers Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bar Knight Precision Engineers Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

T B Dunn & Co

Ground Floor (part)

8000 Academy Business Park

51 Gower Street

GLASGOW

G51 1PR

26 May 2026