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COMPANY REGISTRATION NUMBER: 01573970

Controlled Repair (Instruments) Limited

Unaudited financial statements

28 February 2026

Controlled Repair (Instruments) Limited

Statement of financial position

28 February 2026

| 2026 | 2025
Note | £ | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 761,001 |  | 736,651

Current assets

Stocks | 460,955 |  | 371,617 |
Debtors | 6 | 728,809 |  | 522,804 |
Cash at bank and in hand | 833,918 |  | 876,425 |
| ----------- |  | ----------- |
| 2,023,682 |  | 1,770,846 |

Creditors: Amounts falling due within one year | 7 | ( 804,350) |  | ( 630,886) |
| ----------- |  | ----------- |
Net current assets |  | 1,219,332 |  | 1,139,960
|  | ----------- |  | -----------
Total assets less current liabilities |  | 1,980,333 |  | 1,876,611

Creditors: Amounts falling due after more than one year | 8 |  | ( 665,945) |  | ( 688,642)

Provisions

Taxation including deferred tax |  | ( 50,672) |  | ( 44,584)
|  | ----------- |  | -----------
Net assets |  | 1,263,716 |  | 1,143,385
|  | ----------- |  | -----------

Capital and reserves

Called up share capital |  | 5,000 |  | 5,000
Profit and loss account |  | 1,258,716 |  | 1,138,385
|  | ----------- |  | -----------
Shareholders funds |  | 1,263,716 |  | 1,143,385
|  | ----------- |  | -----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Controlled Repair (Instruments) Limited

Statement of financial position (continued)

28 February 2026
These financial statements were approved by the board of directors and authorised for issue on 21 July 2026 , and are signed on behalf of the board by:

S P Taylor
Director

Company registration number: 01573970

Controlled Repair (Instruments) Limited

Notes to the financial statements

Year ended 28 February 2026
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 9 -11, Brinell Way, Harfreys Industrial Estate, Great Yarmouth, NR31 0LU, Norfolk.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
Provision is made, under the liability method, to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 8 years
| Fixtures and fittings | - | 25%
| Motor vehicles | - | 4 years

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of employees during the year was 15 (2025: 14 ).
5. Tangible assets

| Land and buildings | Plant and machinery | Fixtures and fittings | Motor vehicles | Total
| £ | £ | £ | £ | £
Cost |  |  |  |  |
At 1 March 2025 | 664,601 | 164,710 | 2,468 | 110,780 | 942,559
Additions | – | 4,468 | – | 28,712 | 33,180
| --------- | --------- | ------ | --------- | ---------
At 28 February 2026 | 664,601 | 169,178 | 2,468 | 139,492 | 975,739
| --------- | --------- | ------ | --------- | ---------
Depreciation |  |  |  |  |
At 1 March 2025 | – | 128,660 | ( 32) | 77,280 | 205,908
Charge for the year | – | 118 | – | 8,712 | 8,830
| --------- | --------- | ------ | --------- | ---------
At 28 February 2026 | – | 128,778 | ( 32) | 85,992 | 214,738
| --------- | --------- | ------ | --------- | ---------
Carrying amount |  |  |  |  |
At 28 February 2026 | 664,601 | 40,400 | 2,500 | 53,500 | 761,001
| --------- | --------- | ------ | --------- | ---------
At 28 February 2025 | 664,601 | 36,050 | 2,500 | 33,500 | 736,651
| --------- | --------- | ------ | --------- | ---------

6. Debtors

| 2026 | 2025
| £ | £
Trade debtors | 717,353 | 508,082
Other debtors | 11,456 | 14,722
| --------- | ---------
| 728,809 | 522,804
| --------- | ---------

7. Creditors: Amounts falling due within one year

| 2026 | 2025
| £ | £
Bank loans and overdrafts | 45,338 | 55,030
Trade creditors | 378,806 | 202,383
Social security and other taxes | 101,469 | 122,977
Other creditors | 278,737 | 250,496
| --------- | ---------
| 804,350 | 630,886
| --------- | ---------

Bank loans and overdrafts are secured on assets owned.
8. Creditors: Amounts falling due after more than one year

| 2026 | 2025
| £ | £
Bank loans and overdrafts | 227,945 | 250,642
Other creditors | 438,000 | 438,000
| --------- | ---------
| 665,945 | 688,642
| --------- | ---------

Included within bank loans and overdrafts: amounts falling due after more than one year is an amount of £201,449 (2025: £208,793) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting period. Bank loans and overdrafts are secured on assets owned. Included within other creditors are preference shares of £438,000. These shares attract a cumulative dividend at 3% above the Bank of England base rate and are redeemable at the option of the company as well as the holders (on the fifth anniversary of their acquisition) of the shares, as well as the calendar date every subsequent five years thereafter. Interest paid this year amounted to £26,305 (2025: £35,127).