REGISTERED NUMBER: 02092169 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

XCALIBRE EQUIPMENT LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C R Molbech

REGISTERED OFFICE:

Merlin House

Channel Way

Coventry

West Midlands

CV6 6RH

REGISTERED NUMBER:

02092169 (England and Wales)

BANKERS:

Barclays Bank PLC

Coventry 2

Leicestershire

LE87 2BB

FIXED ASSETS

Intangible assets

4

5,010

2,520

Tangible assets

5

79,016

81,989

84,026

84,509

CURRENT ASSETS

Stocks

187,131

157,812

Debtors

343,046

386,881

Cash at bank

186,359

77,016

716,536

621,709

CREDITORS

Amounts falling due within one year

436,971

335,561

NET CURRENT ASSETS

279,565

286,148

TOTAL ASSETS LESS CURRENT LIABILITIES

363,591

370,657

CREDITORS

Amounts falling due after more than one year

-

(12,768

)

PROVISIONS FOR LIABILITIES

(20,692

)

(20,498

)

NET ASSETS

342,899

337,391

CAPITAL AND RESERVES

Called up share capital

7

20,000

20,000

Retained earnings

322,899

317,391

SHAREHOLDERS' FUNDS

342,899

337,391

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 28 August 2026 and were signed by:

C R Molbech - Director

1.	STATUTORY INFORMATION

Xcalibre Equipment Limited 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.

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

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.

Turnover

Turnover comprises the value of sales (excluding value added tax, similar taxes and trade discounts) of goods and services provided in the normal course of the business.

Revenue is recognised when the goods are despatched, which is the same day on which the goods are delivered and hence is the point at which the risks and rewards of ownership passes to the buyer.

In respect of hire contracts the revenue is recognised when the company obtains the right to consideration.

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.

Patents and licences are being amortised evenly over their estimated useful life of four years.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

10% on cost

Fixtures & fittings

-

25% on cost and 10% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, making due allowance for obsolete and slow moving stock.

Cost is calculated using the averaging method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 11 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

12,890

Additions

4,500

At 31 December 2025

17,390

AMORTISATION

At 1 January 2025

10,370

Amortisation for year

2,010

At 31 December 2025

12,380

NET BOOK VALUE

At 31 December 2025

5,010

At 31 December 2024

2,520

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

147,890

Additions

17,028

Disposals

(13,414

)

At 31 December 2025

151,504

DEPRECIATION

At 1 January 2025

65,901

Charge for year

19,863

Eliminated on disposal

(13,276

)

At 31 December 2025

72,488

NET BOOK VALUE

At 31 December 2025

79,016

At 31 December 2024

81,989

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 January 2025

and 31 December 2025

23,158

DEPRECIATION

At 1 January 2025

6,513

Charge for year

4,162

At 31 December 2025

10,675

NET BOOK VALUE

At 31 December 2025

12,483

At 31 December 2024

16,645

6.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

£

Net obligations repayable:

Within one year

12,768

3,322

Between one and five years

-

12,768

12,768

16,090

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

20,000

Ordinary

£1

20,000

20,000

8.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme in respect of the director and certain employees. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the company and amounted to £77,240 (31 December 2024 - £75,917). At the balance sheet date there was £478 (2024 - £234) of employer contributions outstanding.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Romol Limited.

10.	CONTROLLING INTERESTS

The director is considered to be the ultimate controlling party by virtue of his ability to act in concert in respect of the financial and operating policies of the company.