REGISTERED NUMBER: 07457332 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

AIC (Agricultural Industrial Components)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D C Walter

Mrs A L Walter

REGISTERED OFFICE:

7 Cooks Lane

Southbourne

Emsworth

Hampshire

PO10 8LG

REGISTERED NUMBER:

07457332 (England and Wales)

BANKERS:

Lloyds TSB

10 East Street

Chichester

West Sussex

PO19 1HJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

23,410

31,277

23,410

31,277

CURRENT ASSETS

Stocks

365

300

Debtors

6

25,408

34,957

Cash at bank and in hand

37,061

61,881

62,834

97,138

CREDITORS

Amounts falling due within one year

7

30,935

35,018

NET CURRENT ASSETS

31,899

62,120

TOTAL ASSETS LESS CURRENT LIABILITIES

55,309

93,397

PROVISIONS FOR LIABILITIES

4,449

5,944

NET ASSETS

50,860

87,453

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

50,859

87,452

SHAREHOLDERS' FUNDS

50,860

87,453

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2026 and were signed on its behalf by:

Mr D C Walter - Director

1.	STATUTORY INFORMATION

AIC (Agricultural Industrial Components) 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of three years.

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.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

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

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 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.

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

10,000

AMORTISATION

At 1 January 2025

and 31 December 2025

10,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

33,607

2,406

5,411

41,424

Disposals

(857

)

(552

)

(1,735

)

(3,144

)

At 31 December 2025

32,750

1,854

3,676

38,280

DEPRECIATION

At 1 January 2025

4,712

2,212

3,223

10,147

Charge for year

7,220

38

539

7,797

Eliminated on disposal

(842

)

(528

)

(1,704

)

(3,074

)

At 31 December 2025

11,090

1,722

2,058

14,870

NET BOOK VALUE

At 31 December 2025

21,660

132

1,618

23,410

At 31 December 2024

28,895

194

2,188

31,277

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

24,913

34,635

Other debtors

495

322

25,408

34,957

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

17,972

24,357

Taxation and social security

10,501

8,922

Other creditors

2,462

1,739

30,935

35,018

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Mr D Walter was paid £480 during the year for the use of his private residence as a business office.

Dividends of £39,750 (2024: £39,750) were voted to Mr D Walter during the year.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D C Walter.