ABSOLUTE POWDER COATINGS LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05819228

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		78,487		92,602

			78,487		92,602
CURRENT ASSETS
Stocks	5	19,178		17,273
Debtors	6	221,051		220,292
Cash at bank and in hand		88,498		93,333

		328,727		330,898
Creditors: Amounts Falling Due Within One Year	7	(178,132 )		(143,165 )

NET CURRENT ASSETS (LIABILITIES)			150,595		187,733

TOTAL ASSETS LESS CURRENT LIABILITIES			229,082		280,335

PROVISIONS FOR LIABILITIES
Deferred Taxation			(18,131 )		(18,970 )

NET ASSETS			210,951		261,365

CAPITAL AND RESERVES
Called up share capital	9		50		50
Revaluation reserve	11		27,303		27,303
Capital redemption reserve			50		50
Profit and Loss Account			183,548		233,962

SHAREHOLDERS' FUNDS			210,951		261,365

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ABSOLUTE POWDER COATINGS LIMITED

Balance Sheet (continued)

As At 30 May 2026

For the year ending 30 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr S Robertson

Director

01/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

ABSOLUTE POWDER COATINGS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 05819228 . The registered office is 1 Doolittle Yard, Froghall Road, Ampthill, Bedfordshire, MK45 2NW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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ABSOLUTE POWDER COATINGS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 May 2026

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2025: 10)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 31 May 2025	167,580	45,389	30,251	243,220
Additions	952	-	4,756	5,708
Disposals	(3,259 )	-	(3,054 )	(6,313 )

As at 30 May 2026	165,273	45,389	31,953	242,615

Depreciation
As at 31 May 2025	108,982	17,021	24,615	150,618
Provided during the period	8,733	7,092	1,873	17,698
Disposals	(2,393 )	-	(1,795 )	(4,188 )

As at 30 May 2026	115,322	24,113	24,693	164,128

Net Book Value
As at 30 May 2026	49,951	21,276	7,260	78,487

As at 31 May 2025	58,598	28,368	5,636	92,602

5. Stocks

	2026	2025
	£	£
Stock	19,178	17,273

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	125,458	138,375
Prepayments and accrued income	57,438	51,625
Other debtors	38,155	30,100
Intercompany loan	-	192

	221,051	220,292

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ABSOLUTE POWDER COATINGS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 May 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	73,367	59,760
Bank loans and overdrafts	-	10,508
Corporation tax	46,113	19,353
Other taxes and social security	4,157	3,713
VAT	44,568	39,154
Other creditors	987	833
Accruals and deferred income	8,699	9,483
Director's loan account	241	361

	178,132	143,165

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	50	50

10. Other Commitments

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

	2026	2025
	£	£
Not later than one year	79,166	33,710
Later than one year and not later than five years	329,475	-
Later than five years	406,250	-

	814,891	33,710

11. Reserves

	Revaluation reserve	Capital Redemption	Profit and Loss Account
	£	£	£
As at 31 May 2025	27,303	50	233,962
Profit for the year and total comprehensive income	-	-	118,110

Dividends paid	-	-	(168,524)

As at 30 May 2026	27,303	50	183,548

12. Ultimate Controlling Party

The ultimate controlling party is Mr S Robertson by virtue of his ownership of 100% of the issued share capital in the company.

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