REGISTERED NUMBER: 00950647 (England and Wales)

Financial Statements for the Year Ended 31st March 2026

for

Excel Precision (Birmingham) Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Batt

M Dring

A Sitek

I Holbeche

REGISTERED OFFICE:

Unit A1 / A2 Salwarpe Business Park

Salwarpe Road

Droitwich

Worcestershire

WR9 9BN

REGISTERED NUMBER:

00950647 (England and Wales)

ACCOUNTANTS:

The Richards Sandy Partnership

Thorneloe House

25 Barbourne Road

Worcester

Worcestershire

WR1 1RU

FIXED ASSETS

Tangible assets

4

474,057

521,434

CURRENT ASSETS

Stocks

45,860

45,603

Debtors

244,667

206,510

Cash at bank

14,405

9,433

304,932

261,546

CREDITORS

Amounts falling due within one year

462,008

487,484

NET CURRENT LIABILITIES

(157,076

)

(225,938

)

TOTAL ASSETS LESS CURRENT LIABILITIES

316,981

295,496

CREDITORS

Amounts falling due after more than one year

(143,664

)

(133,917

)

PROVISIONS FOR LIABILITIES

(46,443

)

(9,998

)

NET ASSETS

126,874

151,581

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

126,674

151,381

126,874

151,581

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

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

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 Balance Sheet for the year ended 31st March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 9th June 2026 and were signed on its behalf by:

I Holbeche - Director

1.	STATUTORY INFORMATION

Excel Precision (Birmingham) Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

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.

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.

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

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2025

1,140,634

Additions

35,121

At 31st March 2026

1,175,755

DEPRECIATION

At 1st April 2025

619,200

Charge for year

82,498

At 31st March 2026

701,698

NET BOOK VALUE

At 31st March 2026

474,057

At 31st March 2025

521,434

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

Totals

£

COST

At 1st April 2025

597,646

Additions

32,594

At 31st March 2026

630,240

DEPRECIATION

At 1st April 2025

226,326

Charge for year

59,290

At 31st March 2026

285,616

NET BOOK VALUE

At 31st March 2026

344,624

At 31st March 2025

371,320

5.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Invoice discounting

143,957

121,104

Hire purchase contracts

226,348

239,948

370,305

361,052