REGISTERED NUMBER: 02298949 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

B.L.T Circuit Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R M Black

REGISTERED OFFICE:

Unit 2/3 North Luton Industrial Estate

Sedgewick Road

LUTON

Bedfordshire

LU4 9DT

REGISTERED NUMBER:

02298949 (England and Wales)

AUDITORS:

GH Audit Limited

Brigham House

93 High Street

Biggleswade

Bedfordshire

SG18 0LD

FIXED ASSETS

Intangible assets

6

36,463

-

Tangible assets

7

72,146

99,856

108,609

99,856

CURRENT ASSETS

Stocks

806,122

846,762

Debtors

8

4,492,376

3,834,051

Cash at bank

64,659

33,548

5,363,157

4,714,361

CREDITORS

Amounts falling due within one year

9

723,713

645,969

NET CURRENT ASSETS

4,639,444

4,068,392

TOTAL ASSETS LESS CURRENT LIABILITIES

4,748,053

4,168,248

PROVISIONS FOR LIABILITIES

18,036

24,964

NET ASSETS

4,730,017

4,143,284

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

4,729,917

4,143,184

SHAREHOLDERS' FUNDS

4,730,017

4,143,284

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 director and authorised for issue on 20 May 2026 and were signed by:

R M Black - Director

1.	STATUTORY INFORMATION

B.L.T Circuit Services 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.	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.

Turnover

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

Turnover represents the amount derived from the provision of goods and services falling within the company's activities.

Revenue is recognised as goods are despatched at which point invoices are raised and sales are recorded in the accounting system.

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.

Computer software is being amortised evenly over its estimated useful life of seven 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 etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value. Cost is valued on a first in, first out basis. Processed goods and work in progress are valued at the material content and, if significant, a proportion of labour and overhead expenses.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

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. .

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 13 ) .

5.	AUDITORS' REMUNERATION

Auditors Remuneration for the year was £8,700 (£8,400 2024)

6.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

36,463

At 31 December 2025

36,463

NET BOOK VALUE

At 31 December 2025

36,463

7.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

387,526

Additions

22,571

Disposals

(241,241

)

At 31 December 2025

168,856

DEPRECIATION

At 1 January 2025

287,670

Charge for year

15,964

Eliminated on disposal

(206,924

)

At 31 December 2025

96,710

NET BOOK VALUE

At 31 December 2025

72,146

At 31 December 2024

99,856

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade debtors

562,341

559,531

Amounts owed by group undertakings

3,793,306

3,220,656

Other debtors

136,729

53,864

4,492,376

3,834,051

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade creditors

176,605

339,925

Amounts owed to group undertakings

162,987

-

Taxation and social security

221,236

199,651

Other creditors

162,885

106,393

723,713

645,969

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/12/25

31/12/24

£

£

Within one year

67,808

53,685

Between one and five years

69,605

80,616

137,413

134,301

11.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31/12/25

31/12/24

value:

£

£

100

Share capital

£1

100

100

12.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Colin Airey FCCA (Senior Statutory Auditor)

for and on behalf of GH Audit Limited

13.	OTHER FINANCIAL COMMITMENTS

There is a fixed and floating charge over the assets of the company.

14.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of AIM Solder (UK) Ltd. The ultimate controlling party is AIM Metals & Alloys Inc , registered office 9100 Bou Henri - Bourassa East, Montreal, Quebec, Canada H1E 2SA .