KR Saws Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05114820

KR Saws Limited

Filleted Financial Statements

31 December 2025

KR Saws Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Intangible assets	5	22,637	26,308
Tangible assets	6	311,156	230,297
		--------	--------
		333,793	256,605

Current assets

Stocks		2,508,457	1,634,535
Debtors	7	1,431,256	1,401,762
Cash at bank and in hand		386,252	850,649
		-----------	-----------
		4,325,965	3,886,946

Prepayments and accrued income	60,212		42,059

Creditors: amounts falling due within one year	8	1,479,651		726,116
		-----------		-----------
Net current assets			2,906,526	3,202,889
			-----------	-----------
Total assets less current liabilities			3,240,319	3,459,494

Provisions

Taxation including deferred tax	30,725	11,487
	-----------	-----------
Net assets	3,209,594	3,448,007
	-----------	-----------

Capital and reserves

Called up share capital	9	320,000	320,000
Profit and loss account		2,889,594	3,128,007
		-----------	-----------
Shareholders funds		3,209,594	3,448,007
		-----------	-----------

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.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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 21 April 2026 , and are signed on behalf of the board by:

Mr P. K. Ison

Director

Company registration number: 05114820

KR Saws Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The financial statements are for a single entity and the company is a private company limited by shares, incorporated, registered and trading in England and Wales with company number 05114820 . The address of the registered office is 9 Hurst Road, Longford, Coventry, CV6 6EG. The principal place of business is Unit A3, Abbey Industrial Estate, Bodmin Road, Coventry, CV2 5DB.

2. Statement of compliance

The financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' ('FRS 102') and Companies Act 2006.

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 company and rounded to the nearest £.

Judgements and key sources of estimation uncertainty

In preparing these financial statements the directors have had to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets, liabilities, income and expenses. Estimates and associated assumptions are based on historic experience and various other factors including expectations of future events that are believed to be reasonable under the circumstances, however actual results may differ from these estimates. For this reporting date there are no significant judgements, estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities.

Revenue recognition

Turnover is derived from ordinary activities and stated after trade discounts and other sales taxes and net of value added tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced, calculated by reference to the stage of completion.

Income tax

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

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 a standard rate of exchange during the period. Exchange differences are taken into account in arriving at the operating profit.

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. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

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:

	Software	-	10% 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. 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:

Leasehold Improvements	-	10% straight line
Plant & Machinery	-	14% straight line
Fixtures & Fittings	-	20% straight line
Motor Vehicles	-	20% straight line over 90% of value
Equipment	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

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.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable of £16,539 are charged to the profit and loss account.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 19 (2024: 19 ).

5. Intangible assets

	Software
	£
Cost
At 1 January 2025 and 31 December 2025	36,709
	-------
Amortisation
At 1 January 2025	10,401
Charge for the year	3,671
	-------
At 31 December 2025	14,072
	-------
Carrying amount
At 31 December 2025	22,637
	-------
At 31 December 2024	26,308
	-------

6. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Jan 2025	–	884,028	84,871	247,187	77,117	1,293,203
Additions	6,750	100,758	10,005	40,994	–	158,507
Disposals	–	( 149,642)	( 79,181)	( 29,950)	( 61,896)	( 320,669)
	------	--------	-------	--------	-------	-----------
At 31 Dec 2025	6,750	835,144	15,695	258,231	15,221	1,131,041
	------	--------	-------	--------	-------	-----------
Depreciation
At 1 Jan 2025	–	772,602	81,267	132,608	76,429	1,062,906
Charge for the year	59	33,535	2,999	37,858	201	74,652
Disposals	–	( 149,642)	( 79,180)	( 26,955)	( 61,896)	( 317,673)
	------	--------	-------	--------	-------	-----------
At 31 Dec 2025	59	656,495	5,086	143,511	14,734	819,885
	------	--------	-------	--------	-------	-----------
Carrying amount
At 31 Dec 2025	6,691	178,649	10,609	114,720	487	311,156
	------	--------	-------	--------	-------	-----------
At 31 Dec 2024	–	111,426	3,604	114,579	688	230,297
	------	--------	-------	--------	-------	-----------

7. Debtors

	2025	2024
	£	£
Trade debtors	1,356,181	1,301,762
Other debtors	75,075	100,000
	-----------	-----------
	1,431,256	1,401,762
	-----------	-----------

The debtors above include the following amounts falling due after more than one year:

	2025	2024
	£	£
Other debtors	29,361	–
	-------	----

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	41,824	48,799
Amounts owed to group undertakings and undertakings in which the company has a participating interest	972,876	183,586
Social security and other taxes	385,281	421,993
Other creditors	79,670	71,738
	-----------	--------
	1,479,651	726,116
	-----------	--------

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 1 each	10,000	10,000	10,000	10,000
Ordinary B shares of £ 1 each	10,000	10,000	10,000	10,000
Preference A shares of £ 1 each	150,000	150,000	150,000	150,000
Preference B shares of £ 1 each	150,000	150,000	150,000	150,000
	--------	--------	--------	--------
	320,000	320,000	320,000	320,000
	--------	--------	--------	--------

Voting Rights Redeemable Preference shareholders have no rights to attend or vote at general meetings. The holders of the majority of A or B ordinary shares may appoint or remove up to 2 Directors each. The holders of A or B ordinary shares have no voting rights regarding the appointment or removal of Directors appointed by majority holders of shares of the other class. Dividends Dividends on ordinary shares are declared at the discretion of the directors. Redeemable Preference Shares carry a non-cumulative preferential dividend of 5% per annum, payable in priority to other dividends subject to available profits. Redemption Redeemable Preference Shares may be redeemed at the Company's option on at least one month's notice, provided they are fully paid. Redemption is at the amount paid up, with partial redemptions made on a pro rata basis. Winding Up On a winding up, Redeemable Preference shareholders are repaid capital first, followed by ordinary shareholders, with any surplus distributed to ordinary shareholders. Redeemable Preference Shares have no further participation rights.

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	97,870	22,751
Later than 1 year and not later than 5 years	391,480	–
Later than 5 years	489,350	–
	--------	-------
	978,700	22,751
	--------	-------

11. Limitation of auditors liability

The company on 19 January 2026 entered into a limitation of auditors liability with the auditor limiting the auditor's liability to a maximum of £1,500,000 (including interest).

12. Summary audit opinion

The auditor's report dated 21 April 2026 was unqualified .

The senior statutory auditor was David Pearson , for and on behalf of Edwards Pearson & White (Audit) Limited .

13. Controlling party

The company was under the control of Kinkelder BV and Rontgen during the current and previous period .