Scintam Engineering Ltd Accounts






Scintam Engineering Ltd

	Company No. 13296468
		Information for Filing with The Registrar
		31 March 2026

The Directors present their report and the accounts for the year ended 31 March 2026.

Principal activities
The principal activity of the company during the year under review was 28490 - Manufacture of other machine tools.




Directors

The Directors who served at any time during the year were as follows:

A.T. Clare
S.D. Hart
D.J.M. Kerr







































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

D.J.M. Kerr
Director
31 March 2026

at	31 March 2026
Company No.		13296468	Notes	2026	2025
				£	£
Fixed assets
	Intangible assets		4	20,410	13,247
	Tangible assets		5	9,527	13,575


				29,937	26,822
Current assets
	Stocks		6	34,623	5,481
	Debtors		7	135,287	181,153

	Cash at bank and in hand			255,912	345,956
				425,822	532,590
Creditors: Amount falling due within one year			8	(111,015)	(74,352)
Net current assets				314,807	458,238
Total assets less current liabilities				344,744	485,060
Creditors: Amounts falling due after more than one year			9	(100,000)	(100,000)
Provisions for liabilities
	Deferred taxation			(851)	-

Net assets				243,893	385,060

Capital and reserves
	Called up share capital			2,229	1,984
	Share premium account		11	1,133,777	865,094
	Revaluation reserve		11	177,547	-

	Profit and loss account		11	(1,069,660)	(482,018)

Total equity				243,893	385,060



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 March 2026 and signed on its behalf by:
D.J.M. Kerr
Director
31 March 2026

for the year ended 31 March 2026

General information

Scintam Engineering Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 13296468

Its registered office is:

4 Stamford Court

Nottingham

NG5 5LZ

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

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

Plant and machinery

10% Straight line

Furniture, fittings and equipment

20% /33.33% Straight line

Fixture and Fittings depreciated 33.33% straight line and office equipment 20% straight line

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the year was:	7	8

4	Intangible fixed assets
			Other	Total
			£	£
		Cost
		At 1 April 2025	14,100	14,100
		Additions	7,651	7,651

		At 31 March 2026	21,751	21,751
		Amortisation and impairment
		At 1 April 2025	853	853
		Charge for the year	488	488


		At 31 March 2026	1,341	1,341
		Net book values
		At 31 March 2026	20,410	20,410
		At 31 March 2025	13,247	13,247

5	Tangible fixed assets
			Plant and machinery	Fixtures, fittings and equipment	Total
			£	£	£
		Cost or revaluation
		At 1 April 2025	4,269	25,948	30,217
		Additions	326	529	855


		Disposals	-	(540)	(540)
		At 31 March 2026	4,595	25,937	30,532
		Depreciation
		At 1 April 2025	1,188	15,454	16,642
		Charge for the year	457	3,921	4,378


		Disposals	-	(15)	(15)
		At 31 March 2026	1,645	19,360	21,005
		Net book values
		At 31 March 2026	2,950	6,577	9,527
		At 31 March 2025	3,081	10,494	13,575

6	Stocks
			2026	2025
			£	£
		Raw materials and consumables	593	5,481
		Work in progress	34,030	-

			34,623	5,481

7	Debtors
			2026	2025
			£	£
		Trade debtors	-	47,132

		Corporation tax recoverable	88,895	89,603
		Deferred tax asset	-	673


		Other debtors	5,000	5,000
		Prepayments and accrued income	41,392	38,745
			135,287	181,153

		Amounts included within Other debtors that fall due after more than one year	5,000	5,000

8	Creditors:
		amounts falling due within one year
			2026	2025
			£	£

		Bank loans and overdrafts	-	4,180


		Trade creditors	76,495	39,976

		Taxes and social security	11,354	12,251

		Other creditors	8,884	2,141
		Accruals and deferred income	14,282	15,804
			111,015	74,352

9	Creditors:
		amounts falling due after more than one year
			2026	2025
			£	£


		Other loans	100,000	100,000





			100,000	100,000

Share Capital

Ordinary

11	Reserves
			Share based payment reserve	Total other reserves
			£	£





		Movement on revaluation reserve	177,547	177,547


		At 31 March 2026	177,547	177,547

		Share-Based Payment Arrangements The company operates an Enterprise Management Incentive ("EMI") share option scheme for certain employees and directors. The options are equity-settled and vest over periods of up to three years from the date specified in the grant documentation. The company recognised a share-based payment charge of £116,542 in the profit and loss account during the year in accordance with FRS 102 Section 26, with a corresponding credit recognised in the share-based payment reserve within equity. The closing share-based payment reserve at 31 March 2026 was £177,547. Correction of prior-period error During the year, the directors identified that equity-settled share options granted in an earlier period had not previously been recognised in the financial statements. The omitted amount relates to options granted in 2023 which were fully vested at the date of grant. The correction has been accounted for as a prior-period error by reducing opening retained earnings at 1 April 2025 by £61,005 and increasing the share-based payment reserve by £61,005. Comparative figures require restatement in the final statutory accounts.

		Share premium account - includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium.
		Profit and loss account - includes all current and prior period retained profits and losses.

12	Guarantees and commitments
			2026	2025
			£	£




		Pension commitments, included in above total	8,884	2,141

		The company operates a defined contribution pension scheme, Smart Pension, for its employees. Pension contributions in respect of the directors are made under salary sacrifice arrangements and are paid into the directors’ personal self-invested personal pension arrangements. At the balance sheet date, unpaid employee and director pension contributions of £8,884 (2024: £2,141) related to the March 2026 payroll and were paid in April 2026. These amounts are included within other creditors.

Related party disclosures

Transactions with related parties

The company granted Enterprise Management Incentive ("EMI") share options to a director during the year. The share-based payment expense recognised in respect of EMI options awarded to the director amounted to £89,810 for the year ended 31 March 2026. This amount has been included within directors' remuneration and reflects the charge recognised in accordance with FRS 102 Section 26 over the relevant vesting periods. A corresponding credit has been recognised within the share-based payment reserve in equity.