REGISTERED NUMBER: 09888120 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Smartflow Couplings Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M O Allerbjer

REGISTERED OFFICE:

Unit E23, The Enterprise Village

Prince Albert Gardens

Grimsby

North East Lincolnshire

DN31 3AT

REGISTERED NUMBER:

09888120 (England and Wales)

SENIOR STATUTORY AUDITOR:

A A Houston

AUDITORS:

R J Francis & Co Limited

Marshall Business Centre

Faraday Road

Hereford

Herefordshire

HR4 9NS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

6,436

16,104

6,436

16,104

CURRENT ASSETS

Stocks

241,178

154,264

Debtors

6

131,849

53,572

Cash at bank

62,268

30,219

435,295

238,055

CREDITORS

Amounts falling due within one year

7

267,727

99,968

NET CURRENT ASSETS

167,568

138,087

TOTAL ASSETS LESS CURRENT LIABILITIES

174,004

154,191

CREDITORS

Amounts falling due after more than one year

8

235,000

235,000

NET LIABILITIES

(60,996

)

(80,809

)

CAPITAL AND RESERVES

Called up share capital

111

111

Share premium

29,989

29,989

Retained earnings

(91,096

)

(110,909

)

(60,996

)

(80,809

)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 March 2026 and were signed by:

M O Allerbjer - Director

1.	STATUTORY INFORMATION

Smartflow Couplings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Going concern

The management has assessed Smartflow Couplings Ltd's ability to continue as a going concern and believe there are no uncertainties that cast significant doubt on the company's ability to continue its operations from the date of this report.

The company has access to financing to meet its obligations as they fall due and management are confident the company will continue to trade for the foreseeable future.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's Statement of Financial Position when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset and 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 January 2025

and 31 December 2025

5,563

AMORTISATION

At 1 January 2025

and 31 December 2025

5,563

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 January 2025

32,056

6,215

38,271

Additions

1

-

1

Disposals

(13,907

)

(2,932

)

(16,839

)

At 31 December 2025

18,150

3,283

21,433

DEPRECIATION

At 1 January 2025

18,566

3,601

22,167

Charge for year

1,267

1,094

2,361

Eliminated on disposal

(6,751

)

(2,780

)

(9,531

)

At 31 December 2025

13,082

1,915

14,997

NET BOOK VALUE

At 31 December 2025

5,068

1,368

6,436

At 31 December 2024

13,490

2,614

16,104

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

70,988

41,926

Other debtors

60,861

11,646

131,849

53,572

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,996

8,673

Trade creditors

27,091

20,757

Amounts owed to group undertakings

-

64,081

Taxation and social security

4,910

934

Other creditors

232,730

5,523

267,727

99,968

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

235,000

235,000

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

18,120

-

Between one and five years

3,020

-

21,140

-

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

A A Houston (Senior Statutory Auditor)

for and on behalf of R J Francis & Co Limited

11.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Cejn UK Limited registration number: 07125622. Company registration address: Units 31 & 32, Three Elms Trading Estate, Hereford, HR4 9PU.