REGISTERED NUMBER: 00668782 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Cobra Braiding Machinery Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

411,170

312,890

411,170

312,890

CURRENT ASSETS

Stocks

58,130

103,237

Debtors

6

37,006

72,248

Cash at bank and in hand

556,653

1,150,345

651,789

1,325,830

CREDITORS

Amounts falling due within one year

7

63,394

256,692

NET CURRENT ASSETS

588,395

1,069,138

TOTAL ASSETS LESS CURRENT LIABILITIES

999,565

1,382,028

PROVISIONS FOR LIABILITIES

39,253

16,753

NET ASSETS

960,312

1,365,275

CAPITAL AND RESERVES

Called up share capital

8,431

8,431

Revaluation reserve

8

319,884

243,263

Capital redemption reserve

4,171

4,171

Retained earnings

627,826

1,109,410

SHAREHOLDERS' FUNDS

960,312

1,365,275

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 June 2026 and were signed by:

Mr J Tomaz - Director

1.	STATUTORY INFORMATION

Cobra Braiding Machinery Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00668782

Registered office:

Ebenezer House

Ryecroft

Newcastle under Lyme

Staffordshire

ST5 2BE

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

The board of directors of the parent undertaking of this company have taken the decision that this company will cease to trade in the 12 months subsequent to 31 December 2025. Therefore these accounts are prepared on a basis other than going concern. This decision does not change the figures presented within the financial statements.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Revenue is recognised as the company becomes entitled to consideration for the goods supplied.

Goodwill

Goodwill has been fully amortised.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 Profit and Loss Account, 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

9,500

AMORTISATION

At 1 January 2025

and 31 December 2025

9,500

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST OR VALUATION

At 1 January 2025

285,000

74,154

17,959

Additions

-

5,200

-

Disposals

-

(33,885

)

(10,831

)

Revaluations

90,000

-

-

At 31 December 2025

375,000

45,469

7,128

DEPRECIATION

At 1 January 2025

7,125

57,633

14,977

Charge for year

-

5,395

412

Eliminated on disposal

-

(33,744

)

(10,597

)

Revaluation adjustments

(7,125

)

-

-

At 31 December 2025

-

29,284

4,792

NET BOOK VALUE

At 31 December 2025

375,000

16,185

2,336

At 31 December 2024

277,875

16,521

2,982

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST OR VALUATION

At 1 January 2025

46,000

8,802

431,915

Additions

-

-

5,200

Disposals

-

(3,550

)

(48,266

)

Revaluations

(29,775

)

-

60,225

At 31 December 2025

16,225

5,252

449,074

DEPRECIATION

At 1 January 2025

32,659

6,631

119,025

Charge for year

-

475

6,282

Eliminated on disposal

-

(3,278

)

(47,619

)

Revaluation adjustments

(32,659

)

-

(39,784

)

At 31 December 2025

-

3,828

37,904

NET BOOK VALUE

At 31 December 2025

16,225

1,424

411,170

At 31 December 2024

13,341

2,171

312,890

Cost or valuation at 31 December 2025 is represented by:

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

Valuation in 2010

139,500

-

-

Valuation in 2019

35,000

-

-

Valuation in 2023

75,000

-

-

Valuation in 2025

90,000

-

-

Cost

35,500

45,469

7,128

375,000

45,469

7,128

Motor

Computer

vehicles

equipment

Totals

£

£

£

Valuation in 2010

-

-

139,500

Valuation in 2019

-

-

35,000

Valuation in 2023

-

-

75,000

Valuation in 2025

(29,775

)

-

60,225

Cost

46,000

5,252

139,349

16,225

5,252

449,074

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

19,701

44,960

Other debtors

17,305

27,288

37,006

72,248

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

37,698

104,070

Taxation and social security

15,662

113,443

Other creditors

10,034

39,179

63,394

256,692

8.

RESERVES

Revaluation

reserve

£

At 1 January 2025

243,263

Revaluation

60,225

Depreciation on revaluation

38,896

Deferred tax on revaluation

(22,500

)

At 31 December 2025

319,884

9.	ULTIMATE CONTROLLING PARTY

The company's parent undertaking is Stolberger Incorporated of Rhode Island, USA. The company's ultimate controlling party is Mr Johann Erich Wilms of Germany, by virtue of his majority shareholding in Stolberger Inc.

Copies of the consolidated financial statements of the Group, in which the company is included, are available from its registered office: 1211 High St, Central Falls, RI, 02863-1505, United States.

Stolberger Incorporated is the smallest group for which group accounts are prepared and which includes Cobra Braiding Machinery Limited in its consolidated financial statements.