REGISTERED NUMBER: 06299489 (England and Wales)

ANGLIA COMPOSITES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R A Brine

SECRETARY:

Mr J R Batih

REGISTERED OFFICE:

Unit 2 Warner Way, Chilton Industrial

Estate

Sudbury

Suffolk

CO10 2GG

REGISTERED NUMBER:

06299489 (England and Wales)

ACCOUNTANTS:

ApC

Chartered Accountants

7 St John Street

Mansfield

Nottinghamshire

NG18 1QH

FIXED ASSETS

Tangible assets

5

697,790

678,456

CURRENT ASSETS

Stocks

331,700

250,316

Debtors

6

470,099

237,316

Cash at bank and in hand

98,552

85,782

900,351

573,414

CREDITORS

Amounts falling due within one year

7

815,671

514,969

NET CURRENT ASSETS

84,680

58,445

TOTAL ASSETS LESS CURRENT LIABILITIES

782,470

736,901

PROVISIONS FOR LIABILITIES

73,685

69,476

NET ASSETS

708,785

667,425

CAPITAL AND RESERVES

Called up share capital

8

100

100

Revaluation reserve

9

173,097

173,097

Retained earnings

535,588

494,228

708,785

667,425

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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 July 2026 and were signed by:

Mr R A Brine - Director

1.	STATUTORY INFORMATION

Anglia Composites 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.

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

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 represents the value excluding Value Added Tax of goods and services provided to customers during the year. In respect of goods and services provided, all income is taken to profit and loss at the same point as the right to receive consideration has been acquired.

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% straight line

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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 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

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.

Financial instruments

Financial instruments and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2025 - 8 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2025

650,000

75,074

-

Additions

-

24,415

11,403

Disposals

-

-

-

At 31 March 2026

650,000

99,489

11,403

DEPRECIATION

At 1 April 2025

4,952

51,287

-

Charge for year

8,663

5,811

1,014

Eliminated on disposal

-

-

-

At 31 March 2026

13,615

57,098

1,014

NET BOOK VALUE

At 31 March 2026

636,385

42,391

10,389

At 31 March 2025

645,048

23,787

-

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

53,617

-

778,691

Additions

-

3,220

39,038

Disposals

(17,068

)

-

(17,068

)

At 31 March 2026

36,549

3,220

800,661

DEPRECIATION

At 1 April 2025

43,996

-

100,235

Charge for year

2,010

613

18,111

Eliminated on disposal

(15,475

)

-

(15,475

)

At 31 March 2026

30,531

613

102,871

NET BOOK VALUE

At 31 March 2026

6,018

2,607

697,790

At 31 March 2025

9,621

-

678,456

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

384,368

157,903

Amounts owed by related parties

41,039

71,039

Prepayments and accrued income

44,692

8,374

470,099

237,316

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other loans

-

61,643

Trade creditors

296,602

226,533

Amounts owed to related parties

353,779

46,173

Corporation tax

41,044

42,129

Social security and other taxes

8,930

6,791

Pension

1,721

1,113

VAT

100,859

40,961

Other creditors

-

5,000

Credit card

4,035

3,658

Wages control account

-

100

Accruals and deferred income

8,701

80,868

815,671

514,969

8.	CALLED UP SHARE CAPITAL

During the previous period Anglia Composites Limited was purchased by Elemy Group Limited and all shares were transferred to them.

9.

RESERVES

Revaluation

reserve

£

At 1 April 2025

and 31 March 2026

173,097

10.	RELATED PARTY DISCLOSURES

During the period the company gave financial assistance to their parent company Elemy Group Limited for the amount of £Nill (2025:£71,039) and received financial assistance for the amount of £30,000 (2025:£Nil), the amount outstanding at the year end was £41,039 (2025:£71,039). Financial assistance was also received from Elemy Limited for the amount of £10,000 (2025: £14,781 given), combined with trading debtors and creditors between these two companies, Anglia Composites Limited owes Elemy Limited £353,779 (2025:£46,173) at the year end.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Elemy Group Limited.