REGISTERED NUMBER: 12862185 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

FLEX METALLIC INDUSTRIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G V Shaw

W Beattie

L P Steward

REGISTERED OFFICE:

Church View Chambers

38 Market Square

Toddington

Bedfordshire

LU5 6BS

REGISTERED NUMBER:

12862185 (England and Wales)

ACCOUNTANTS:

Landers Accountants Ltd

Church View Chambers

38 Market Square

Toddington

Bedfordshire

LU5 6BS

FIXED ASSETS

Tangible assets

4

167,836

192,752

CURRENT ASSETS

Stocks

243,220

163,765

Debtors

5

318,439

237,370

Cash at bank

87,476

92,906

649,135

494,041

CREDITORS

Amounts falling due within one year

6

438,444

343,947

NET CURRENT ASSETS

210,691

150,094

TOTAL ASSETS LESS CURRENT LIABILITIES

378,527

342,846

CREDITORS

Amounts falling due after more than one year

7

330,227

405,134

NET ASSETS/(LIABILITIES)

48,300

(62,288

)

CAPITAL AND RESERVES

Called up share capital

100

1

Retained earnings

48,200

(62,289

)

48,300

(62,288

)

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 directors acknowledge their 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 11 June 2026 and were signed on its behalf by:

G V Shaw - Director

W Beattie - Director

L P Steward - Director

1.	STATUTORY INFORMATION

Flex Metallic Industries 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.

Turnover

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

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

-

10% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

33% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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

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 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Short

to

Plant and

leasehold

property

machinery

£

£

£

COST

At 1 January 2025

15,566

38,378

126,287

Additions

-

-

-

At 31 December 2025

15,566

38,378

126,287

DEPRECIATION

At 1 January 2025

-

10,634

26,358

Charge for year

-

2,775

8,328

At 31 December 2025

-

13,409

34,686

NET BOOK VALUE

At 31 December 2025

15,566

24,969

91,601

At 31 December 2024

15,566

27,744

99,929

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

64,113

27,890

4,366

276,600

Additions

310

-

-

310

At 31 December 2025

64,423

27,890

4,366

276,910

DEPRECIATION

At 1 January 2025

36,717

7,584

2,555

83,848

Charge for year

6,901

6,769

453

25,226

At 31 December 2025

43,618

14,353

3,008

109,074

NET BOOK VALUE

At 31 December 2025

20,805

13,537

1,358

167,836

At 31 December 2024

27,396

20,306

1,811

192,752

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

204,291

136,758

Other debtors

114,148

100,612

318,439

237,370

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts (see note 8)

52,698

42,932

Trade creditors

353,342

269,803

Taxation and social security

27,679

25,677

Other creditors

4,725

5,535

438,444

343,947

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts (see note 8)

20,400

83,132

Other creditors

309,827

322,002

330,227

405,134

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.12.25

31.12.24

£

£

Gross obligations repayable:

Within one year

66,583

54,533

Between one and five years

23,293

102,107

89,876

156,640

Finance charges repayable:

Within one year

13,885

11,601

Between one and five years

2,893

18,975

16,778

30,576

Net obligations repayable:

Within one year

52,698

42,932

Between one and five years

20,400

83,132

73,098

126,064

Non-cancellable

operating leases

31.12.25

31.12.24

£

£

Within one year

57,600

86,400

Between one and five years

-

57,600

57,600

144,000