REGISTERED NUMBER: 03615681 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

BIRMINGHAM SEALS COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A M Brown

Mrs C L Brown

SECRETARY:

Mrs C L Brown

REGISTERED OFFICE:

Unit 31, Regal Drive

Walsall Enterprise Park

Wednesbury Road

Walsall

West Midlands

WS2 9HQ

REGISTERED NUMBER:

03615681 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

Chartered Accountants

1110 Elliott Court

Herald Avenue

Coventry Business Park

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Tangible assets

4

148,450

224,378

CURRENT ASSETS

Stocks

308,875

352,455

Debtors

5

719,202

705,402

Cash at bank

417,554

445,880

1,445,631

1,503,737

CREDITORS

Amounts falling due within one year

6

325,051

287,957

NET CURRENT ASSETS

1,120,580

1,215,780

TOTAL ASSETS LESS CURRENT LIABILITIES

1,269,030

1,440,158

CREDITORS

Amounts falling due after more than one year

7

(108,423

)

(162,206

)

PROVISIONS FOR LIABILITIES

10

(12,767

)

(24,073

)

NET ASSETS

1,147,840

1,253,879

CAPITAL AND RESERVES

Called up share capital

11

3,750

3,750

Retained earnings

1,144,090

1,250,129

SHAREHOLDERS' FUNDS

1,147,840

1,253,879

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2026 and were signed on its behalf by:

A M Brown - Director

Mrs C L Brown - Director

1.	STATUTORY INFORMATION

Birmingham Seals Company 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on cost

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

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 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Government grants

Grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2025 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 February 2025

21,775

29,209

83,774

Additions

-

2,078

-

Disposals

-

-

-

At 31 January 2026

21,775

31,287

83,774

DEPRECIATION

At 1 February 2025

21,775

24,410

81,603

Charge for year

-

1,446

438

Eliminated on disposal

-

-

-

At 31 January 2026

21,775

25,856

82,041

NET BOOK VALUE

At 31 January 2026

-

5,431

1,733

At 31 January 2025

-

4,799

2,171

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 February 2025

278,221

81,870

494,849

Additions

-

6,937

9,015

Disposals

(23,295

)

-

(23,295

)

At 31 January 2026

254,926

88,807

480,569

DEPRECIATION

At 1 February 2025

73,899

68,784

270,471

Charge for year

64,676

6,736

73,296

Eliminated on disposal

(11,648

)

-

(11,648

)

At 31 January 2026

126,927

75,520

332,119

NET BOOK VALUE

At 31 January 2026

127,999

13,287

148,450

At 31 January 2025

204,322

13,086

224,378

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 February 2025

and 31 January 2026

225,236

DEPRECIATION

At 1 February 2025

47,926

Charge for year

56,309

At 31 January 2026

104,235

NET BOOK VALUE

At 31 January 2026

121,001

At 31 January 2025

177,310

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

371,474

356,357

Amounts owed by group undertakings

292,894

293,480

Prepayments

54,834

55,565

719,202

705,402

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Hire purchase contracts (see note 8)

53,784

28,507

Trade creditors

131,717

144,289

Tax

77,746

62,979

Social security and other taxes

4,998

5,974

VAT

37,082

33,178

Other creditors

4,662

3,345

Accrued expenses

15,062

9,685

325,051

287,957

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Hire purchase contracts (see note 8)

108,423

162,206

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.1.26

31.1.25

£

£

Net obligations repayable:

Within one year

53,784

28,507

Between one and five years

108,423

162,206

162,207

190,713

Non-cancellable

operating leases

31.1.26

31.1.25

£

£

Within one year

50,585

25,670

Between one and five years

151,557

5,147

202,142

30,817

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

£

Hire purchase contracts

162,207

190,713

Hire purchase contracts are secured on the assets to which they relate.

10.	PROVISIONS FOR LIABILITIES

31.1.26

31.1.25

£

£

Deferred tax

12,767

24,073

Deferred

tax

£

Balance at 1 February 2025

24,073

Credit to Income Statement during year

(11,306

)

Balance at 31 January 2026

12,767

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

3,750

Ordinary

£1

3,750

3,750

12.	PARENT COMPANY AND ULTIMATE PARENT COMPANY

The immediate parent company of Birmingham Seals Company Limited is Stuant Limited.

The ultimate parent company of the group is Antclaire Limited.