REGISTERED NUMBER: 00668782 (England and Wales)

Unaudited Financial Statements

for the Period 1 January 2026 to 31 July 2026

for

Cobra Braiding Machinery Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

411,170

-

411,170

CURRENT ASSETS

Stocks

-

58,130

Debtors

6

5,645

37,006

Cash at bank

132,000

556,653

137,645

651,789

CREDITORS

Amounts falling due within one year

7

16,932

63,394

NET CURRENT ASSETS

120,713

588,395

TOTAL ASSETS LESS CURRENT LIABILITIES

120,713

999,565

PROVISIONS FOR LIABILITIES

8

-

39,253

NET ASSETS

120,713

960,312

CAPITAL AND RESERVES

Called up share capital

8,431

8,431

Revaluation reserve

9

-

319,884

Capital redemption reserve

4,171

4,171

Retained earnings

108,111

627,826

SHAREHOLDERS' FUNDS

120,713

960,312

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2026 and were signed by:

Mr J Tomaz - Director

1.	STATUTORY INFORMATION

Cobra Braiding Machinery Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00668782

Registered office:

Ebenezer House

Ryecroft

Newcastle under Lyme

Staffordshire

ST5 2BE

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The board of directors of the parent undertaking of this company took the decision that this company was to cease trading on 31 July 2026. Therefore these accounts are prepared on a basis other than going concern. This decision does not change the figures presented within the financial statements.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Revenue is recognised as the company becomes entitled to consideration for the goods supplied.

Goodwill

Goodwill has been fully amortised.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

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

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 period was 2 (2025 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2026

and 31 July 2026

9,500

AMORTISATION

At 1 January 2026

and 31 July 2026

9,500

NET BOOK VALUE

At 31 July 2026

-

At 31 December 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2026

375,000

45,469

7,128

Disposals

(375,000

)

(45,469

)

(7,128

)

At 31 July 2026

-

-

-

DEPRECIATION

At 1 January 2026

-

29,284

4,792

Eliminated on disposal

-

(29,284

)

(4,792

)

At 31 July 2026

-

-

-

NET BOOK VALUE

At 31 July 2026

-

-

-

At 31 December 2025

375,000

16,185

2,336

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2026

16,225

5,252

449,074

Disposals

(16,225

)

(5,252

)

(449,074

)

At 31 July 2026

-

-

-

DEPRECIATION

At 1 January 2026

-

3,828

37,904

Eliminated on disposal

-

(3,828

)

(37,904

)

At 31 July 2026

-

-

-

NET BOOK VALUE

At 31 July 2026

-

-

-

At 31 December 2025

16,225

1,424

411,170

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

-

19,701

Other debtors

5,645

17,305

5,645

37,006

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

699

37,698

Taxation and social security

10,157

15,662

Other creditors

6,076

10,034

16,932

63,394

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

-

39,253

Deferred

tax

£

Balance at 1 January 2026

39,253

Credit to Profit and Loss Account during period

(39,253

)

Balance at 31 July 2026

-

9.

RESERVES

Revaluation

reserve

£

At 1 January 2026

319,884

Transfer of revaluation

(319,884

)

At 31 July 2026

-

10.	ULTIMATE CONTROLLING PARTY

The company's parent undertaking is Stolberger Incorporated of Rhode Island, USA. The company's ultimate controlling party is Mr Johann Erich Wilms of Germany, by virtue of his majority shareholding in Stolberger Inc.

Copies of the consolidated financial statements of the Group, in which the company is included, are available from its registered office: 1211 High St, Central Falls, RI, 02863-1505, United States.

Stolberger Incorporated is the smallest group for which group accounts are prepared and which includes Cobra Braiding Machinery Limited in its consolidated financial statements.