REGISTERED NUMBER: 03013552 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

A.E.M. Products Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L Robinson

J F Robinson

REGISTERED OFFICE:

Selsey House

Crown Way

Crown Park Industial Estate

Rushden

Northamptonshire

NN10 6BS

REGISTERED NUMBER:

03013552 (England and Wales)

ACCOUNTANTS:

Willsons

Chartered Accountants

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

516,964

573,144

516,964

573,144

CURRENT ASSETS

Stocks

410,090

542,905

Debtors

6

931,096

720,305

Cash at bank

1,326,943

639,250

2,668,129

1,902,460

CREDITORS

Amounts falling due within one year

7

605,485

347,294

NET CURRENT ASSETS

2,062,644

1,555,166

TOTAL ASSETS LESS CURRENT LIABILITIES

2,579,608

2,128,310

PROVISIONS FOR LIABILITIES

127,982

143,286

NET ASSETS

2,451,626

1,985,024

CAPITAL AND RESERVES

Called up share capital

344,000

344,000

Retained earnings

2,107,626

1,641,024

2,451,626

1,985,024

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 by the Board of Directors and authorised for issue on 22 June 2026 and were signed on its behalf by:

Mrs L Robinson - Director

1.	STATUTORY INFORMATION

A.E.M. Products 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 represents the total invoice value, excluding value added tax, of sales made during the period.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on delivery of the goods.

Goodwill

Goodwill arising on business combinations is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful life. Provision is made for any impairment. The goodwill has now been fully amortized over its estimated useful life.

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.

Tangible fixed assets

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

Short leasehold

-

Straight line over 10 years

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

33% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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.

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.

Government grants

Grants that do not impose future performance-related conditions are recognised as income when the grant proceeds are received or receivable. Grants that impose future performance-related conditions are recognised as income only when the future performance-related conditions are met. Grants received before the revenue recognition criteria are satisfied are recognised as a liability.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2024 - 30 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

20,600

AMORTISATION

At 1 January 2025

and 31 December 2025

20,600

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 January 2025

67,627

1,140,201

54,092

Additions

6,632

1,448

920

At 31 December 2025

74,259

1,141,649

55,012

DEPRECIATION

At 1 January 2025

47,341

648,300

45,004

Charge for year

6,999

49,190

3,232

At 31 December 2025

54,340

697,490

48,236

NET BOOK VALUE

At 31 December 2025

19,919

444,159

6,776

At 31 December 2024

20,286

491,901

9,088

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

25,995

60,427

1,348,342

Additions

-

19,311

28,311

At 31 December 2025

25,995

79,738

1,376,653

DEPRECIATION

At 1 January 2025

11,679

22,874

775,198

Charge for year

3,579

21,491

84,491

At 31 December 2025

15,258

44,365

859,689

NET BOOK VALUE

At 31 December 2025

10,737

35,373

516,964

At 31 December 2024

14,316

37,553

573,144

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

495,266

322,336

Other debtors

394,099

363,048

Prepayments

41,731

34,921

931,096

720,305

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

222,411

151,232

Corporation Tax

185,117

59,634

Social security and other taxes

34,301

25,161

Pension creditor

-

901

VAT

81,937

85,369

Net wages control account

15,857

14,143

Accrued expenses

65,862

10,854

605,485

347,294

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

Mrs L Robinson

Balance outstanding at start of year

-

11,775

Amounts repaid

-

(11,775

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

The company loaned £30,000 to a LLP which is indirectly controlled by Mrs L Robinson. This amount was still owed at the balance sheet date.