1 November 2022 false No description of principal activity Taxfiler 2024.4 08274442business:PrivateLimitedCompanyLtd2022-11-012023-10-31 082744422022-10-31 082744422022-11-012023-10-31 08274442business:AuditExemptWithAccountantsReport2022-11-012023-10-31 08274442business:FilletedAccounts2022-11-012023-10-31 082744422023-10-31 08274442business:Director22022-11-012023-10-31 08274442business:Director32022-11-012023-10-31 08274442business:RegisteredOffice2022-11-012023-10-31 082744422022-10-31 08274442core:WithinOneYear2023-10-31 08274442core:WithinOneYear2022-10-31 08274442core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 08274442core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 08274442core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 08274442core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 08274442core:PreviouslyStatedAmount2023-10-31 08274442core:PreviouslyStatedAmount2022-10-31 08274442business:SmallEntities2022-11-012023-10-31 08274442countries:EnglandWales2022-11-012023-10-31 08274442core:PlantMachinery2022-11-012023-10-31 08274442core:MotorVehicles2022-11-012023-10-31 08274442core:PlantMachinery2022-10-31 08274442core:MotorVehicles2022-10-31 08274442core:PlantMachinery2023-10-31 08274442core:MotorVehicles2023-10-31 082744422021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 08274442 (England and Wales)
Hindley Engineering Limited Unaudited accounts for the year ended 31 October 2023
Hindley Engineering Limited Unaudited accounts Contents
Page
- 2 -
Hindley Engineering Limited Company Information for the year ended 31 October 2023
Directors
Julie Anne Wadsley Rex Wadsley
Company Number
08274442 (England and Wales)
Registered Office
UNIT 4 PROSPECT INDUSTRIAL ESTATE PLATT LANE HINDLEY WIGAN WN2 3PA
- 3 -
Hindley Engineering Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,083 
16,110 
Current assets
Inventories
17,500 
21,000 
Debtors
182,478 
154,224 
Cash at bank and in hand
357,592 
280,372 
557,570 
455,596 
Creditors: amounts falling due within one year
(58,259)
(43,199)
Net current assets
499,311 
412,397 
Net assets
511,394 
428,507 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
511,294 
428,407 
Shareholders' funds
511,394 
428,507 
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 June 2024 and were signed on its behalf by
Rex Wadsley Director Company Registration No. 08274442
- 4 -
Hindley Engineering Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Hindley Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 08274442. The registered office is UNIT 4 PROSPECT INDUSTRIAL ESTATE , PLATT LANE, HINDLEY, WIGAN, WN2 3PA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
25% per annum on cost
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
54,012 
4,000 
58,012 
At 31 October 2023
54,012 
4,000 
58,012 
Depreciation
At 1 November 2022
37,903 
3,999 
41,902 
Charge for the year
4,027 
- 
4,027 
At 31 October 2023
41,930 
3,999 
45,929 
Net book value
At 31 October 2023
12,082 
1 
12,083 
At 31 October 2022
16,109 
1 
16,110 
- 5 -
Hindley Engineering Limited Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
79,943 
60,553 
Other debtors
102,535 
93,671 
182,478 
154,224 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
13,706 
11,728 
Trade creditors
18,827 
6,551 
Taxes and social security
24,576 
23,714 
Accruals
1,150 
1,206 
58,259 
43,199 
7
Transactions with related parties
At 31 October 2023, the director owed the company £16,535 (2022 £ 8,671). The loan has since been repaid.
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).
- 6 -