REGISTERED NUMBER: 00539349 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

K.ENGINEERING COMPANY (WEST BROMWICH)

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I S Wilkinson

I W Harris

M R Carre

J Bytheway

SECRETARY:

Mrs K M Wilkinson

REGISTERED OFFICE:

Linley Lodge Industrial Estate

Westgate

Aldridge

Walsall

West Midlands

WS9 8EX

REGISTERED NUMBER:

00539349 (England and Wales)

ACCOUNTANTS:

Blackthorns

Admiral House

Waterfront East

Brierley Hill

West Midlands

DY5 1XG

FIXED ASSETS

Intangible assets

4

21,463

-

Tangible assets

5

3,548,973

3,609,036

Investments

6

891

22,277

3,571,327

3,631,313

CURRENT ASSETS

Stocks

1,161,238

750,365

Debtors

7

1,019,126

579,201

Cash at bank and in hand

1,203,201

653,662

3,383,565

1,983,228

CREDITORS

Amounts falling due within one year

8

347,953

551,470

NET CURRENT ASSETS

3,035,612

1,431,758

TOTAL ASSETS LESS CURRENT LIABILITIES

6,606,939

5,063,071

PROVISIONS FOR LIABILITIES

432,000

437,000

NET ASSETS

6,174,939

4,626,071

CAPITAL AND RESERVES

Called up share capital

134

134

Share premium

9

767

767

Other reserves

9

1,378,335

1,378,335

Retained earnings

9

4,795,703

3,246,835

6,174,939

4,626,071

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2026 and were signed on its behalf by:

I W Harris - Director

1.	STATUTORY INFORMATION

K. Engineering Company (West Bromwich) Limited is a private company, limited by shares, registered in England and Wales, registered number 00539349. Its registered office is Linley Lodge Industrial Estate, Westgate, Aldridge, Walsall, WS9 8EX.

The financial statements are presented in Sterling, which is the functional currency of the company.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probably that the economic benefit associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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 3 years.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Freehold Not Depreciated

Plant and Machinery 15% p.a. reducing balance basis

Fixtures, fittings and equipment 10% p.a. reducing balance basis and 33 1/3% p.a. straight line basis

Motor vehicles 25% p.a. reducing balance basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

The company directors have concluded that the revaluation model in respect of land and buildings gives a truer reflection of the financial position of the company

Properties whose fair value can be measured reliably are held under the revaluation model and are carried at a revalued amount, being their fair value at the date of valuation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The fair value of the land and buildings is usually considered to be their market value.

Revaluation gains and losses are recognised in other comprehensive income and accumulated in equity, except to the extent that a revaluation gain reverses a revaluation loss previously recognised in profit or loss or a revaluation loss exceeds the accumulated revaluation gains recognised in equity; such gains and losses are recognised in profit or loss.

Investments in subsidiaries

Interests in subsidiaries, associated and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating polices of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial liabilities, including trade and other debtors, bank loans and other loans are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at present value of the future receipts discounted at a market rate of interest.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

32,195

At 31 October 2025

32,195

AMORTISATION

Charge for year

10,732

At 31 October 2025

10,732

NET BOOK VALUE

At 31 October 2025

21,463

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 November 2024

3,295,000

741,235

4,036,235

Additions

-

45,627

45,627

Disposals

-

(67,243

)

(67,243

)

At 31 October 2025

3,295,000

719,619

4,014,619

DEPRECIATION

At 1 November 2024

-

427,199

427,199

Charge for year

-

67,757

67,757

Eliminated on disposal

-

(29,310

)

(29,310

)

At 31 October 2025

-

465,646

465,646

NET BOOK VALUE

At 31 October 2025

3,295,000

253,973

3,548,973

At 31 October 2024

3,295,000

314,036

3,609,036

Cost or valuation at 31 October 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2022

1,765,335

-

1,765,335

Cost

1,529,665

719,619

2,249,284

3,295,000

719,619

4,014,619

6.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 1 November 2024

and 31 October 2025

22,202

75

22,277

PROVISIONS

Provision for year

21,386

-

21,386

At 31 October 2025

21,386

-

21,386

NET BOOK VALUE

At 31 October 2025

816

75

891

At 31 October 2024

22,202

75

22,277

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

921,768

500,243

Amounts owed by group undertakings

25,526

-

Other debtors

71,832

78,958

1,019,126

579,201

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

-

16,158

Trade creditors

179,841

167,566

Amounts owed to group undertakings

-

216,663

Taxation and social security

44,257

35,414

Other creditors

123,855

115,669

347,953

551,470

9.

RESERVES

Retained

Share

Other

earnings

premium

reserves

Totals

£

£

£

£

At 1 November 2024

3,246,835

767

1,378,335

4,625,937

Profit for the year

1,548,868

1,548,868

At 31 October 2025

4,795,703

767

1,378,335

6,174,805

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.