IRIS Accounts Production v24.2.0.383 08866603 Board of Directors Board of Directors Board of Directors 1.1.23 31.12.23 31.12.23 0 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh088666032022-12-31088666032023-12-31088666032023-01-012023-12-31088666032021-12-31088666032022-01-012022-12-31088666032022-12-3108866603ns15:EnglandWales2023-01-012023-12-3108866603ns14:PoundSterling2023-01-012023-12-3108866603ns10:Director12023-01-012023-12-3108866603ns10:Director22023-01-012023-12-3108866603ns10:Director32023-01-012023-12-3108866603ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3108866603ns10:SmallEntities2023-01-012023-12-3108866603ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3108866603ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3108866603ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3108866603ns10:FullAccounts2023-01-012023-12-310886660312023-01-012023-12-3108866603ns10:CompanySecretary12023-01-012023-12-3108866603ns10:RegisteredOffice2023-01-012023-12-3108866603ns5:CurrentFinancialInstruments2023-12-3108866603ns5:CurrentFinancialInstruments2022-12-3108866603ns5:Non-currentFinancialInstruments2023-12-3108866603ns5:Non-currentFinancialInstruments2022-12-3108866603ns5:ShareCapital2023-12-3108866603ns5:ShareCapital2022-12-3108866603ns5:RetainedEarningsAccumulatedLosses2023-12-3108866603ns5:RetainedEarningsAccumulatedLosses2022-12-3108866603ns5:NetGoodwill2023-01-012023-12-3108866603ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3108866603ns5:PlantMachinery2023-01-012023-12-3108866603ns5:NetGoodwill2022-12-3108866603ns5:NetGoodwill2023-12-3108866603ns5:NetGoodwill2022-12-3108866603ns5:PlantMachinery2022-12-3108866603ns5:PlantMachinery2023-12-3108866603ns5:PlantMachinery2022-12-3108866603ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3108866603ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 08866603 (England and Wales)













ROBERT PRINGLE ENGINEERS (UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






ROBERT PRINGLE ENGINEERS (UK) LIMITED (REGISTERED NUMBER: 08866603)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


ROBERT PRINGLE ENGINEERS (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: R O Jeremy
D M Perry
D A Rogers





SECRETARY: Mrs C L Welsford





REGISTERED OFFICE: 255 Green Lanes
Palmers Green
London
N13 4XE





REGISTERED NUMBER: 08866603 (England and Wales)





ACCOUNTANTS: John Crook & Partners
Chartered Accountants
255 Green Lanes
Palmers Green
London
N13 4XE

ROBERT PRINGLE ENGINEERS (UK) LIMITED (REGISTERED NUMBER: 08866603)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 334,952 132,358
334,952 132,358

CURRENT ASSETS
Stocks 565,775 487,721
Debtors 6 210,115 121,597
Cash at bank and in hand 81,480 62,901
857,370 672,219
CREDITORS
Amounts falling due within one year 7 480,549 363,806
NET CURRENT ASSETS 376,821 308,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

711,773

440,771

CREDITORS
Amounts falling due after more than one
year

8

(24,239

)

-

PROVISIONS FOR LIABILITIES (79,559 ) (27,992 )
NET ASSETS 607,975 412,779

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 607,875 412,679
607,975 412,779

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

ROBERT PRINGLE ENGINEERS (UK) LIMITED (REGISTERED NUMBER: 08866603)

BALANCE SHEET - continued
31 DECEMBER 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 Board of Directors and authorised for issue on 18 September 2024 and were signed on its behalf by:




R O Jeremy - Director D M Perry - Director




D A Rogers - Director


ROBERT PRINGLE ENGINEERS (UK) LIMITED (REGISTERED NUMBER: 08866603)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Robert Pringle Engineers (UK) 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance and 15% 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 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.

ROBERT PRINGLE ENGINEERS (UK) LIMITED (REGISTERED NUMBER: 08866603)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 29,264
AMORTISATION
At 1 January 2023
and 31 December 2023 29,264
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 373,486
Additions 219,813
At 31 December 2023 593,299
DEPRECIATION
At 1 January 2023 241,128
Charge for year 17,219
At 31 December 2023 258,347
NET BOOK VALUE
At 31 December 2023 334,952
At 31 December 2022 132,358

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 182,325 93,837
Amounts owed by associates 27,760 27,760
Other debtors 30 -
210,115 121,597

ROBERT PRINGLE ENGINEERS (UK) LIMITED (REGISTERED NUMBER: 08866603)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 14,271 -
Trade creditors 78,688 114,800
Amounts owed to group undertakings 284,387 68,960
Taxation and social security 97,238 172,067
Other creditors 5,965 7,979
480,549 363,806

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 24,239 -

9. RELATED PARTY DISCLOSURES

ESL Engineers (Basildon) Ltd
A group company.

The company paid management charges to the company of £127,127 (2022 - £137,129).

The company made no rent payments to the company during the year (2022 - £nil).

At the year-end £nil (2022: £25,460) was due to the company.

ESL (Basildon) Holdings Ltd
A company under common control

At the year end £27,760 (2022: £27,760) was due from the company.

ESL Partnership Limited
The parent company.

The company paid dividends to the company £383,040 (2022: £475,841).

At the year-end £284,387 (2022: £43,500) was due to the company.