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REGISTERED NUMBER: 03250952 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024

FOR

ATWELL ENGINEERING HOLDINGS LIMITED

ATWELL ENGINEERING HOLDINGS LIMITED (REGISTERED NUMBER: 03250952)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

ATWELL ENGINEERING HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024







DIRECTORS: GEP Atwell
K Atwell
T Atwell





SECRETARY: K Atwell





REGISTERED OFFICE: Unit 1 Barbados Way
Hellaby Industrial Estate
Rotherham
South Yorkshire
S66 8RX





REGISTERED NUMBER: 03250952 (England and Wales)





ACCOUNTANTS: Andrew Thomas Accountancy Limited
Chartered Certified Accountants
82 Oswald Road
Scunthorpe
North Lincolnshire
DN15 7PA

ATWELL ENGINEERING HOLDINGS LIMITED (REGISTERED NUMBER: 03250952)

ABRIDGED STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 2,188,273

CURRENT ASSETS
Stocks - 106,504
Debtors 548,433 592,235
Prepayments and accrued income - 22,716
Cash at bank 1,544,901 449,947
2,093,334 1,171,402
CREDITORS
Amounts falling due within one year 487,831 1,244,370
NET CURRENT ASSETS/(LIABILITIES) 1,605,503 (72,968 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,605,503

2,115,305

CREDITORS
Amounts falling due after more than one
year

5

-

(1,385,341

)

PROVISIONS FOR LIABILITIES - (99,104 )

ACCRUALS AND DEFERRED INCOME (6,000 ) (30,396 )
NET ASSETS 1,599,503 600,464

CAPITAL AND RESERVES
Called up share capital 8 66 66
Retained earnings 1,599,437 600,398
SHAREHOLDERS' FUNDS 1,599,503 600,464

ATWELL ENGINEERING HOLDINGS LIMITED (REGISTERED NUMBER: 03250952)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2024 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the period ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 15 August 2024 and were signed on its behalf by:




GEP Atwell - Director



T Atwell - Director


ATWELL ENGINEERING HOLDINGS LIMITED (REGISTERED NUMBER: 03250952)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024

1. STATUTORY INFORMATION

Atwell Engineering Holdings 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 the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - 4% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% 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 period 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 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 period 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.

ATWELL ENGINEERING HOLDINGS LIMITED (REGISTERED NUMBER: 03250952)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 17 (2022 - 22 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 3,056,271
Additions 46,233
Disposals (3,102,504 )
At 30 June 2024 -
DEPRECIATION
At 1 January 2023 867,998
Charge for period 86,667
Eliminated on disposal (954,665 )
At 30 June 2024 -
NET BOOK VALUE
At 30 June 2024 -
At 31 December 2022 2,188,273

Included within the net book value of £NIL is £NIL (2022 - £425,232) relating to assets held
under hire purchase agreements.

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
FIVE YEARS
2024 2022
£    £   
Repayable by instalments
Bank loans more 5 yr by instal - 510,258

6. LEASING AGREEMENTS

The company has future operating lease commitments amounting to £NIL (2022 - £21,741).

ATWELL ENGINEERING HOLDINGS LIMITED (REGISTERED NUMBER: 03250952)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2022
£    £   
Hire purchase contracts - 388,972
Invoice financing - 189,523
Mortgage - 932,538
- 1,511,033

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2022
value: £    £   
66 Ordinary £1 66 66

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ATWELL ENGINEERING HOLDINGS LIMITED

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 Report of the Directors 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 Atwell Engineering Holdings Limited for the period ended 30 June 2024 which comprise the Income Statement, Abridged 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Atwell Engineering Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Atwell Engineering Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Atwell Engineering Holdings Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Atwell Engineering Holdings 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 Atwell Engineering Holdings Limited. You consider that Atwell Engineering Holdings Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Atwell Engineering Holdings 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.






Andrew Thomas Accountancy Limited
Chartered Certified Accountants
82 Oswald Road
Scunthorpe
North Lincolnshire
DN15 7PA


15 August 2024