REGISTERED NUMBER: 02741709 (England and Wales)

Dolphin Precision Engineering Limited

Unaudited Financial Statements

for the Year Ended 30 June 2026

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

to

4

Notes to the financial statements

5

to

7

Directors:

Mr M Maksimovic

Mrs T Maksimovic

Secretary:

Mrs T Maksimovic

Registered office:

Bank House

Scalp Road

Fishtoft

Boston

Lincolnshire

PE21 0SH

Registered number:

02741709 (England and Wales)

Accountants:

Moore Thompson

7 Swan Court

Forder Way, Cygnet Park

Hampton

Peterborough

Cambridgeshire

PE7 8GX

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Directors' report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dolphin Precision Engineering Limited for the year ended 30 June 2026 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Dolphin Precision Engineering Limited, as a body, in accordance with the terms of our engagement letter dated 25 March 2019. Our work has been undertaken solely to prepare for your approval the financial statements of Dolphin Precision Engineering Limited and state those matters that we have agreed to state to the Board of Directors of Dolphin Precision Engineering Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dolphin Precision Engineering Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Dolphin Precision Engineering Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dolphin Precision Engineering Limited. You consider that Dolphin Precision Engineering Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Dolphin Precision Engineering Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

7 Swan Court

Forder Way, Cygnet Park

Hampton

Peterborough

Cambridgeshire

PE7 8GX

23 September 2026

Fixed assets

Intangible assets

5

-

-

Tangible assets

6

72,216

77,681

72,216

77,681

Current assets

Stocks

87,671

48,610

Debtors

7

1,354

5,137

Cash at bank

44,524

99,707

133,549

153,454

Creditors

Amounts falling due within one year

8

152,182

157,353

Net current liabilities

(18,633

)

(3,899

)

Total assets less current liabilities

53,583

73,782

Provisions for liabilities

4,398

5,192

Net assets

49,185

68,590

Capital and reserves

Called up share capital

9

100

100

Retained earnings

49,085

68,490

Shareholders' funds

49,185

68,590

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2026 and were signed on its behalf by:

Mr M Maksimovic - Director

Mrs T Maksimovic - Director

1.	Statutory information

Dolphin Precision Engineering 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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.

Goodwill

Goodwill arises on business acquisitions and represents the excess cost of the company's interest in the net amount of identifiable assets, liabilities and contingent liabilities of the acquired business.

Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. The goodwill in the accounts has been amortised over 6 years.

Tangible fixed assets

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

Freehold property

-

not depreciated

Plant and machinery

-

15% on reducing balance and 10% on reducing balance

Computer equipment

-

33% 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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	Employees and directors

The average number of employees during the year was NIL (2025 - 2 ).

5.	Intangible fixed assets

Goodwill

£

Cost

At 1 July 2025

and 30 June 2026

30,000

Amortisation

At 1 July 2025

and 30 June 2026

30,000

Net book value

At 30 June 2026

-

At 30 June 2025

-

6.	Tangible fixed assets

Freehold

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

Cost

At 1 July 2025

and 30 June 2026

37,537

142,080

4,815

184,432

Depreciation

At 1 July 2025

-

102,404

4,347

106,751

Charge for year

-

5,312

153

5,465

At 30 June 2026

-

107,716

4,500

112,216

Net book value

At 30 June 2026

37,537

34,364

315

72,216

At 30 June 2025

37,537

39,676

468

77,681

7.

Debtors: amounts falling due within one year

2026

2025

£

£

Trade debtors

350

4,870

VAT

1,004

267

1,354

5,137

8.

Creditors: amounts falling due within one year

2026

2025

£

£

Trade creditors

780

3,396

Corporation tax

2,173

2,196

Advance deposits

29,705

29,705

Directors' loan accounts

117,429

119,461

Accrued expenses

2,095

2,595

152,182

157,353

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100