Black Widow Exhausts Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05615813

Black Widow Exhausts Limited

Filleted Unaudited Financial Statements

30 November 2025

Black Widow Exhausts Limited

Statement of Financial Position

30 November 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6		278,826	205,251

Current assets

Stocks		1,850,095	1,622,392
Debtors	7	353,130	333,696
Cash at bank and in hand		1,801,540	1,844,796
		------------	------------
		4,004,765	3,800,884

Creditors: amounts falling due within one year	8	471,213		353,178
		------------		------------
Net current assets			3,533,552	3,447,706
			------------	------------
Total assets less current liabilities			3,812,378	3,652,957

Provisions

Taxation including deferred tax	68,866	50,178
	------------	------------
Net assets	3,743,512	3,602,779
	------------	------------

Black Widow Exhausts Limited

Statement of Financial Position (continued)

30 November 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	2	2
Profit and loss account	3,743,510	3,602,777
	------------	------------
Shareholders funds	3,743,512	3,602,779
	------------	------------

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 30 November 2025 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 .

These financial statements were approved by the board of directors and authorised for issue on 14 August 2026 , and are signed on behalf of the board by:

Mr L J Morrow	Ms J R Williams
Director	Director

Company registration number: 05615813

Black Widow Exhausts Limited

Notes to the Financial Statements

Year ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 40 Kimbolton Road, Bedford, MK40 2NR.

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 and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Deferred taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

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.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Website development	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

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.

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:

Equipment	-	25% reducing balance
Fixtures and fittings	-	25% reducing balance
Motor vehicles	-	25% reducing balance
Computer equipment	-	Varying rates

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.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

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.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 14 (2024: 12 ).

5. Intangible assets

	Website development
	£
Cost
At 1 December 2024 and 30 November 2025	23,913
	--------
Amortisation
At 1 December 2024 and 30 November 2025	23,913
	--------
Carrying amount
At 30 November 2025	–
	--------
At 30 November 2024	–
	--------

6. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 December 2024	140,152	55,275	194,893	57,636	447,956
Additions	78,001	2,048	46,241	18,726	145,016
Disposals	( 2,535)	–	–	( 4,856)	( 7,391)
	---------	--------	---------	--------	---------
At 30 November 2025	215,618	57,323	241,134	71,506	585,581
	---------	--------	---------	--------	---------
Depreciation
At 1 December 2024	80,528	47,998	69,632	44,547	242,705
Charge for the year	31,799	1,917	31,316	5,181	70,213
Disposals	( 2,115)	–	–	( 4,048)	( 6,163)
	---------	--------	---------	--------	---------
At 30 November 2025	110,212	49,915	100,948	45,680	306,755
	---------	--------	---------	--------	---------
Carrying amount
At 30 November 2025	105,406	7,408	140,186	25,826	278,826
	---------	--------	---------	--------	---------
At 30 November 2024	59,624	7,277	125,261	13,089	205,251
	---------	--------	---------	--------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	37,835	44,459
Other debtors	315,295	289,237
	---------	---------
	353,130	333,696
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	154,525	25,437
Corporation tax	228,616	311,651
Social security and other taxes	70,533	–
Other creditors	17,539	16,090
	---------	---------
	471,213	353,178
	---------	---------

9. Other financial commitments

Total financial commitments that are not included in the balance sheet amount to £74,025.