Company registration number 05158106 (England and Wales)
SELF ENERGISING COUPLING COMPANY LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
SELF ENERGISING COUPLING COMPANY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 7
SELF ENERGISING COUPLING COMPANY LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Intangible assets
4
68,124
79,478
Investments
5
1
1
68,125
79,479
Current assets
Debtors
6
662,950
624,967
Cash at bank and in hand
10,911
13,859
673,861
638,826
Creditors: amounts falling due within one year
7
(37,889)
(16,136)
Net current assets
635,972
622,690
Net assets
704,097
702,169
Capital and reserves
Called up share capital
8
207
207
Share premium account
689,920
689,920
Profit and loss reserves
13,970
12,042
Total equity
704,097
702,169

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 23 July 2026 and are signed on its behalf by:
Mr S H Higgins
Director
Company registration number 05158106 (England and Wales)
SELF ENERGISING COUPLING COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
1
Accounting policies
Company information

Self Energising Coupling Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 10 Hartford Business Centre, Hartford, Northwich, Cheshire, CW8 2AB.

1.1
Accounting convention

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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The company has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated accounts. The financial statements present information about the company as an individual entity and not about its group.

Self Energising Coupling Company Limited is a majority owned subsidiary of Cygnet Group Limited and the results of Self Energising Coupling Company Limited are included in the consolidated financial statements of Cygnet Group Limited, a company registered in England.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Revenue arises wholly from the United Kingdom and represents royalty income from the licensing of patents to subsidiary entities. It is stated at the fair value of the consideration receivable, net of value added tax, rebates and discounts. Revenue is recognised when the service has been discharged.

1.4
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives.

Patents & licences
20 years straight line
1.5
Fixed asset investments

Interests in subsidiaries 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.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

SELF ENERGISING COUPLING COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 3 -
1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities 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 company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Taxation

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

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

SELF ENERGISING COUPLING COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 4 -
1.9
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.

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.

1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
0
1
3
Directors' remuneration
2026
2025
£
£
Remuneration paid to directors
-
0
32,916

The aggregate remuneration paid to or receivable by directors in respect of qualifying services was £Nil (202 5: £32,916), which included a termination payment following the director's cessation of employment in May 202 4. The director remained on the board after ceasing employment.

SELF ENERGISING COUPLING COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
4
Intangible fixed assets
Patents and licenses
£
Cost
At 1 April 2025 and 31 March 2026
149,134
Amortisation and impairment
At 1 April 2025
69,656
Amortisation charged for the year
11,354
At 31 March 2026
81,010
Carrying amount
At 31 March 2026
68,124
At 31 March 2025
79,478
5
Fixed asset investments
2026
2025
£
£
Shares in group undertakings and participating interests
1
1
6
Debtors
2026
2025
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
620,111
612,271
Other debtors
42,839
12,696
662,950
624,967

Amounts owed by group undertakings are unsecured and repayable on demand.

7
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
1,249
2,586
Amounts owed to group undertakings
24,210
-
0
Other creditors
12,430
13,550
37,889
16,136

SELF ENERGISING COUPLING COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -
8
Called up share capital
2026
2025
2026
2025
Number
Number
£
£
207 ordinary shares of £1 each
207
207
207
207

Ordinary share rights

The company's ordinary shares, which carry no rights to fixed income, each carry the right to one vote at general meetings of the Company.

9
Other financial commitments

The Company has a cross guarantee and debenture agreement relating to any monies owing to Barclays PLC by other Group undertakings.

At 31 March 2026, the Group had access to a facility of £4,000,000 (2025: £1,450,000) of which £1,065,251 (2025: £514,552) was committed by way of bank guarantees at the balance sheet date.

10
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 March 2026 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Senior Statutory Auditor:
Susan Harris MA ACA
Statutory Auditor:
Champion Accountants LLP
Date of audit report:
23 July 2026
11
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2026
2025
£
£
Total commitments
60,855
90,403
12
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

SELF ENERGISING COUPLING COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
12
Related party transactions
(Continued)
- 7 -
Purchases
Purchases
2026
2025
£
£
Group companies - Management charges
31,050
30,000
13
Parent company

The directors regard Cygnet Group Limited, a company registered in England and Wales, as the ultimate parent company.

Cygnet Group Limited is the smallest and largest company for which consolidated accounts including Self Energising Coupling Company Limited are prepared. The consolidated accounts of Cygnet Group Limited are available from its registered office, which is Swan House, Kimpton Drive, Off Wincham Lane, Wincham, Northwick, Cheshire, CW9 6GG.

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