Company registration number: 12170910
Annual report and unaudited financial statements
for the year ended 31 January 2026
for
F Dixon Precision Grinding & Engineering Ltd
Pages for filing with the Registrar
Company registration number: 12170910
F Dixon Precision Grinding & Engineering Ltd
Balance sheet
as at 31 January 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 56,425 74,401
56,425 74,401
Current assets
Stocks 4,000 9,410
Debtors 5 125,459 126,878
Cash at bank and in hand 77,738 73,138
207,197 209,426
Creditors: amounts falling due within one year
6 (116,268) (81,090)
Net current assets 90,929 128,336
Total assets less current liabilities 147,354 202,737
Creditors: Amounts falling due after more than one year
7 (25,225) (35,225)
Provisions for liabilities (10,721) (14,136)
NET ASSETS 111,408 153,376
Capital and reserves
Called up share capital 100 100
Profit and loss account 111,308 153,276
TOTAL EQUITY 111,408 153,376
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 January 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 12170910
F Dixon Precision Grinding & Engineering Ltd
Balance sheet - continued
as at 31 January 2026
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 to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 1 October 2026 and signed on its behalf by:
Mr C Downes, Director
1 October 2026
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F Dixon Precision Grinding & Engineering Ltd
Notes to the financial statements
for the year ended 31 January 2026
1 Company information
F Dixon Precision Grinding & Engineering Ltd is a private company registered in England and Wales. Its registered number is 12170910. The company is limited by shares. Its registered office is Unit 15 Herald Business Park, Golden Acres Lane, Coventry, CV3 2SY.
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 historic cost convention.
Presentation currency
The company’s financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Fixtures & fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
3
F Dixon Precision Grinding & Engineering Ltd
Notes to the financial statements - continued
for the year ended 31 January 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred taxation. 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3 Average number of employees
During the year the average number of employees was 7 (2025 - 7).
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 February 2025 190,720
Additions 1,427
At 31 January 2026 192,147
Depreciation
At 1 February 2025 116,319
Charge for year 19,403
At 31 January 2026 135,722
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F Dixon Precision Grinding & Engineering Ltd
Notes to the financial statements - continued
for the year ended 31 January 2026
4 Tangible fixed assets - continued
Net book value
At 31 January 2026 56,425
At 31 January 2025 74,401
If plant & machinery had not been revalued, plant & machinery would have been included at the following historical cost:
2026 2025
£ £
Cost 190,721 190,721
Accumulated depreciation 116,320 116,320
5 Debtors
2026 2025
£ £
Trade debtors 121,417 118,379
Taxation - 4,121
Prepayments and accrued income 4,042 4,378
125,459 126,878
6 Creditors: amounts falling due within one year
2026 2025
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 29,117 17,439
Other creditors 47,905 24,865
Taxation 9,408 -
VAT payable 6,593 7,883
Social security and other tax 10,945 10,590
Accruals and deferred income 2,300 10,313
116,268 81,090
7 Creditors: amounts falling due after more than one year
2026 2025
£ £
Bank loans 25,225 35,225
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