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REGISTERED NUMBER: 09196736 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 August 2023

for

Stretford Bridge Engineering Ltd

Stretford Bridge Engineering Ltd (Registered number: 09196736)

Contents of the Financial Statements
for the Year Ended 31 August 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stretford Bridge Engineering Ltd

Company Information
for the Year Ended 31 August 2023







DIRECTOR: T J O Hughes





REGISTERED OFFICE: Brookfield
Little Hereford
Ludlow
Shropshire
SY8 4AU





REGISTERED NUMBER: 09196736 (England and Wales)





ACCOUNTANTS: Morgan Griffiths LLP
Chartered Accountants
Cross Chambers
9 High Street
Newtown
Powys
SY16 2NY

Stretford Bridge Engineering Ltd (Registered number: 09196736)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 347,391 430,976

CURRENT ASSETS
Stocks 147,800 400,984
Debtors 5 112,666 207,580
Cash in hand 83 72
260,549 608,636
CREDITORS
Amounts falling due within one year 6 570,920 600,199
NET CURRENT (LIABILITIES)/ASSETS (310,371 ) 8,437
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,020

439,413

CREDITORS
Amounts falling due after more than one
year

7

(355,619

)

(288,093

)

PROVISIONS FOR LIABILITIES - (42,326 )
NET (LIABILITIES)/ASSETS (318,599 ) 108,994

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (319,599 ) 107,994
SHAREHOLDERS' FUNDS (318,599 ) 108,994

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Stretford Bridge Engineering Ltd (Registered number: 09196736)

Balance Sheet - continued
31 August 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2024 and were signed by:





T J O Hughes - Director


Stretford Bridge Engineering Ltd (Registered number: 09196736)

Notes to the Financial Statements
for the Year Ended 31 August 2023


1. STATUTORY INFORMATION

Stretford Bridge Engineering 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Plant and machinery etc - at varying rates 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 Statement of Income and Retained Earnings, 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.

Stretford Bridge Engineering Ltd (Registered number: 09196736)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023


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 year was 10 (2022 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022 583,889
Additions 130,110
Disposals (221,010 )
At 31 August 2023 492,989
DEPRECIATION
At 1 September 2022 152,913
Charge for year 69,441
Eliminated on disposal (76,756 )
At 31 August 2023 145,598
NET BOOK VALUE
At 31 August 2023 347,391
At 31 August 2022 430,976


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 15,836 19,892
Other debtors 96,830 187,688
112,666 207,580

Stretford Bridge Engineering Ltd (Registered number: 09196736)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts 94,110 29,193
Hire purchase contracts 84,679 92,882
Trade creditors 69,627 208,168
Taxation and social security 312,202 226,966
Other creditors 10,302 42,990
570,920 600,199

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.23 31.8.22
£    £   
Bank loans 36,747 45,581
Hire purchase contracts 146,244 122,141
Other creditors 172,628 120,371
355,619 288,093

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 16,747 21,759

8. SECURED DEBTS

The following secured debts are included within creditors:

31.8.23 31.8.22
£    £   
Bank loans 111,552 69,188
Hire purchase contracts 230,923 215,023
342,475 284,211

Bcrs Meif Gp Limited have fixed and floating charges against the assets of the company in relation to the loan facility provided.