REGISTERED NUMBER: 02486586 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Kobold Instruments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

K Kobold

R A Agha

SECRETARY:

L Poxon

REGISTERED OFFICE:

8/9 Brunts Business Centre

Samuel Brunts Way

MANSFIELD

Nottinghamshire

NG18 2AH

REGISTERED NUMBER:

02486586 (England and Wales)

AUDITORS:

Nicholsons Audit (Statutory Auditor)

Newland House

The Point

Weaver Road

LINCOLN

Lincolnshire

LN6 3QN

BANKERS:

Lloyds Bank

1-3 Church Street

MANSFIELD

NG18 1AF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

96,510

85,108

96,510

85,108

CURRENT ASSETS

Stocks

67,197

151,116

Debtors

6

118,717

117,281

Cash at bank and in hand

386,860

251,083

572,774

519,480

CREDITORS

Amounts falling due within one year

7

128,002

139,789

NET CURRENT ASSETS

444,772

379,691

TOTAL ASSETS LESS CURRENT LIABILITIES

541,282

464,799

CREDITORS

Amounts falling due after more than one year

8

-

(4,167

)

PROVISIONS FOR LIABILITIES

(9,149

)

(10,727

)

NET ASSETS

532,133

449,905

CAPITAL AND RESERVES

Called up share capital

43,000

43,000

Retained earnings

489,133

406,905

SHAREHOLDERS' FUNDS

532,133

449,905

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 Board of Directors and authorised for issue on 10 September 2026 and were signed on its behalf by:

R A Agha - Director

1.	STATUTORY INFORMATION

Kobold Instruments 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.

Critical accounting judgements and key sources of estimation uncertainty

Estimates and judgements are continually evaluated by the directors and are based on historical experience and other relevant factors, including expectations of future events that are believed to be reasonable under the circumstances.

Tangible fixed asset lives and residual values

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. Judgement is applied in determining the residual values of fixed assets by assessing the amount that the company would currently obtain for disposing of the asset in the condition it is expected to be in at the end of its useful life. The estimation of useful lives is based on historic performance as well as expectations about future use. Useful lives are reviewed to reflect current estimates of technological advancement, future investment policy, economic utilisation and the physical condition of the asset.

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.

Website costs are being amortised evenly over their 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.

Improvements to property

-

2% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% 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

Only basic financial instruments as defined in FRS 102 are held. Financial assets and financial liabilities are recognised in the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis is as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments.

Cash at bank is classified as a basic financial instrument and is measured at transaction price.

Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments, and are measured at amortised cost. Where a financial liability constitutes a financing transaction it is initially and subsequently measured at the present value of future payments, discounted at a market rate of interest.

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.

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

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 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Website

costs

£

COST

At 1 January 2025

and 31 December 2025

7,876

AMORTISATION

At 1 January 2025

and 31 December 2025

7,876

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

60,323

75,911

26,843

41,894

204,971

Additions

1,500

3,386

20,499

258

25,643

At 31 December 2025

61,823

79,297

47,342

42,152

230,614

DEPRECIATION

At 1 January 2025

12,275

49,679

20,739

37,170

119,863

Charge for year

1,214

4,202

6,223

2,602

14,241

At 31 December 2025

13,489

53,881

26,962

39,772

134,104

NET BOOK VALUE

At 31 December 2025

48,334

25,416

20,380

2,380

96,510

At 31 December 2024

48,048

26,232

6,104

4,724

85,108

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade debtors

115,131

111,164

Prepayments

3,586

6,117

118,717

117,281

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Bank loans and overdrafts

4,167

10,000

Trade creditors

6,068

13,075

Tax

11,494

29,447

Social security and other taxes

6,876

5,764

VAT

55,559

45,078

Other creditors

118

1,250

Amounts owed to group

undertakings

39,240

30,611

Accrued expenses

4,480

4,564

128,002

139,789

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/25

31/12/24

£

£

Bank loans - 1-2 years

-

4,167

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

The Report of the Auditors was unqualified.

Joanne Brown (Senior Statutory Auditor)

for and on behalf of Nicholsons Audit (Statutory Auditor)

10.	RELATED PARTY DISCLOSURES

Throughout the year the company was controlled by Kobold Holding Gesellschaft mbH, a company in which K Kobold has a material interest.

The company is exempt from disclosing transactions with other group entities or related parties in which the group holds an investment as its financial statements are consolidated into the results of the Austrian parent whose financial statements are publicly available.

11.	ULTIMATE PARENT UNDERTAKING

The company is a wholly owned subsidiary of Kobold Holding Gesellschaft mbH, a company registered in Austria. Consolidated accounts can be obtained from the address below:

Gurkgasse 8

Wien, 1140

Austria.