Exmere Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01858023

Exmere Limited

Filleted Unaudited Abridged Financial Statements

31 December 2025

Exmere Limited

Abridged Financial Statements

Year ended 31 December 2025

Contents	Page

Abridged statement of financial position	1

Notes to the abridged financial statements	3

Exmere Limited

Abridged Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6	28,576	33,619
Investments	7	713,208	561,170
		---------	---------
		741,784	594,789

Current assets

Stocks	63,000	71,000
Debtors	94,562	51,698
Cash at bank and in hand	497,759	257,190
	---------	---------
	655,321	379,888

Creditors: amounts falling due within one year	101,958		24,665
	---------		---------
Net current assets		553,363	355,223
		------------	---------
Total assets less current liabilities		1,295,147	950,012

Provisions

Taxation including deferred tax	46,176	29,132
	------------	---------
Net assets	1,248,971	920,880
	------------	---------

Exmere Limited

Abridged Statement of Financial Position (continued)

31 December 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	30	30
Profit and loss account	1,248,941	920,850
	------------	---------
Shareholders funds	1,248,971	920,880
	------------	---------

These abridged 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 abridged statement of income and retained earnings has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These abridged financial statements were approved by the board of directors and authorised for issue on 10 September 2026 , and are signed on behalf of the board by:

Dr J Maisch
Director

Company registration number: 01858023

Exmere Limited

Notes to the Abridged Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 8, Boundary Way, Kellet Road Industrial Estate, Carnforth, Lancashire, LA5 9XP.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

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:

	Goodwill	-	20% 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.

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:

	Equipment	-	15% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Intangible assets

	£
Cost
At 1 January 2025 and 31 December 2025	11,777
	--------
Amortisation
At 1 January 2025 and 31 December 2025	11,777
	--------
Carrying amount
At 31 December 2025	–
	--------
At 31 December 2024	–
	--------

6. Tangible assets

	£
Cost
At 1 January 2025 and 31 December 2025	129,025
	---------
Depreciation
At 1 January 2025	95,406
Charge for the year	5,043
	---------
At 31 December 2025	100,449
	---------
Carrying amount
At 31 December 2025	28,576
	---------
At 31 December 2024	33,619
	---------

7. Investments

	£
Cost
At 1 January 2025	561,170
Additions	78,823
Revaluations	73,215
	---------
At 31 December 2025	713,208
	---------
Impairment
At 1 January 2025 and 31 December 2025	–
	---------
Carrying amount
At 31 December 2025	713,208
	---------
At 31 December 2024	561,170
	---------

8. Operating leases

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

	2025	2024
	£	£
Not later than 1 year	15,000	15,000
Later than 1 year and not later than 5 years	3,750	18,750
	--------	--------
	18,750	33,750
	--------	--------