REGISTERED NUMBER: 02391871 (England and Wales)

Unaudited Financial Statements

for the Period

1 August 2024 to 31 December 2025

for

FRANCIS KIRK (SOCKET SCREWS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

F Kirk

T F Kirk

Registered office:

Level 1

Unit 1

Oakden Drive

Denton

M34 2QN

Registered number:

02391871 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

St James's Building

79 Oxford Street

Manchester

M1 6HT

Fixed assets

Intangible assets

4

37,685

84,493

Tangible assets

5

77,499

145,436

115,184

229,929

Current assets

Stocks

1,077,639

1,018,024

Debtors

6

956,943

569,546

Cash at bank and in hand

527,147

331,966

2,561,729

1,919,536

Creditors

Amounts falling due within one year

7

(737,809

)

(1,655,993

)

Net current assets

1,823,920

263,543

Total assets less current liabilities

1,939,104

493,472

Creditors

Amounts falling due after more than one year

8

-

(74,177

)

Net assets

1,939,104

419,295

Capital and reserves

Called up share capital

9

100

100

Retained earnings

1,939,004

419,195

Shareholders' funds

1,939,104

419,295

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

The members have not required the company to obtain an audit of its financial statements for the period 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 profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 September 2026 and were signed on its behalf by:

T F Kirk - Director

1.	Statutory information

Francis Kirk (Socket Screws) 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.

Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Intellectual Property 10% straight line

Development Costs 25% straight line

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Motor vehicles

-

25% 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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the profit and loss account, 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 period 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 period was 18 (2024 - 20 ) .

4.	Intangible fixed assets

Patents and

Development

licences

costs

Totals

£

£

£

Cost

At 1 August 2024

and 31 December 2025

101,755

129,907

231,662

Amortisation

At 1 August 2024

86,675

60,494

147,169

Amortisation for period

-

46,808

46,808

At 31 December 2025

86,675

107,302

193,977

Net book value

At 31 December 2025

15,080

22,605

37,685

At 31 July 2024

15,080

69,413

84,493

5.	Tangible fixed assets

Plant and

Motor

machinery

vehicles

Totals

£

£

£

Cost

At 1 August 2024

16,672

205,825

222,497

Additions

10,146

-

10,146

At 31 December 2025

26,818

205,825

232,643

Depreciation

At 1 August 2024

7,825

69,236

77,061

Charge for period

5,168

72,915

78,083

At 31 December 2025

12,993

142,151

155,144

Net book value

At 31 December 2025

13,825

63,674

77,499

At 31 July 2024

8,847

136,589

145,436

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

897,023

501,100

Other debtors

59,920

68,446

956,943

569,546

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Hire purchase contracts

63,415

25,829

Trade creditors

314,894

227,037

Amounts owed to group undertakings

135,000

1,264,124

Taxation and social security

149,576

52,934

Other creditors

74,924

86,069

737,809

1,655,993

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Hire purchase contracts

-

74,177

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

-

74,177

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary shares

1

100

100