REGISTERED NUMBER: 09468159 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

Advanced Machining Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L Roberts

Mrs L Roberts

REGISTERED OFFICE:

19 Warren Park Way

Enderby

Leicester

LE19 4SA

REGISTERED NUMBER:

09468159 (England and Wales)

ACCOUNTANTS:

Carter & Co

19 Warren Park Way

Enderby

Leicester

LE19 4SA

FIXED ASSETS

Tangible assets

4

357,585

316,798

CURRENT ASSETS

Stocks

21,500

21,500

Debtors

5

184,454

233,744

Cash at bank

-

13,721

205,954

268,965

CREDITORS

Amounts falling due within one year

6

211,977

234,350

NET CURRENT (LIABILITIES)/ASSETS

(6,023

)

34,615

TOTAL ASSETS LESS CURRENT LIABILITIES

351,562

351,413

CREDITORS

Amounts falling due after more than one year

7

(164,162

)

(115,178

)

PROVISIONS FOR LIABILITIES

(79,312

)

(98,118

)

NET ASSETS

108,088

138,117

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

107,988

138,017

SHAREHOLDERS' FUNDS

108,088

138,117

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 1 October 2026 and were signed on its behalf by:

L Roberts - Director

Mrs L Roberts - Director

1.	STATUTORY INFORMATION

Advanced Machining Ltd 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.

Plant and machinery etc

-

50% on cost, 25% on reducing balance and 20% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

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 year was 14 (2025 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2025

824,431

Additions

168,876

Disposals

(197,750

)

At 31 May 2026

795,557

DEPRECIATION

At 1 June 2025

507,633

Charge for year

58,454

Eliminated on disposal

(128,115

)

At 31 May 2026

437,972

NET BOOK VALUE

At 31 May 2026

357,585

At 31 May 2025

316,798

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

Plant and

machinery

etc

£

COST

At 1 June 2025

412,585

Additions

168,000

Disposals

(136,950

)

At 31 May 2026

443,635

DEPRECIATION

At 1 June 2025

184,248

Charge for year

40,145

Eliminated on disposal

(73,843

)

At 31 May 2026

150,550

NET BOOK VALUE

At 31 May 2026

293,085

At 31 May 2025

228,337

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade debtors

181,088

226,818

Other debtors

126

5,000

Prepayments

3,240

1,926

184,454

233,744

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Bank loans and overdrafts

18,588

-

Hire purchase contracts

83,150

75,571

Trade creditors

30,438

20,804

Tax

23,041

56,738

Social security and other taxes

4,142

4,460

VAT

49,055

72,963

Other creditors

1,374

2,004

Directors' current accounts

774

307

Accrued expenses

1,415

1,503

211,977

234,350

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.26

31.5.25

£

£

Bank loans - 2-5 years

-

15,755

Hire purchase contracts

164,162

99,423

164,162

115,178

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.26

31.5.25

value:

£

£

100

Ordinary

£1

100

100

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £167,000 (2025 - £108,000) were paid to the directors .