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REGISTERED NUMBER: 04515013 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 31 MAY 2024

FOR

A C ENGINEERING (UK) LIMITED

A C ENGINEERING (UK) LIMITED (REGISTERED NUMBER: 04515013)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A C ENGINEERING (UK) LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 31 MAY 2024







DIRECTOR: Mr A Churchard



SECRETARY: Mrs S M Churchard



REGISTERED OFFICE: 24 Goransson Walk
Dormer Woods
Worksop
Sheffield
S80 3FS



REGISTERED NUMBER: 04515013 (England and Wales)



ACCOUNTANTS: Gibson Booth Limited
12 Victoria Road
Barnsley
South Yorkshire
S70 2BB



BANKERS: Santander

A C ENGINEERING (UK) LIMITED (REGISTERED NUMBER: 04515013)

BALANCE SHEET
31 MAY 2024

31.5.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 11,141
- 11,141

CURRENT ASSETS
Debtors 6 647 26,751
Cash at bank and in hand 42,975 21,899
43,622 48,650
CREDITORS
Amounts falling due within one year 7 39,522 57,074
NET CURRENT ASSETS/(LIABILITIES) 4,100 (8,424 )
TOTAL ASSETS LESS CURRENT LIABILITIES 4,100 2,717

PROVISIONS FOR LIABILITIES - 2,117
NET ASSETS 4,100 600

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 4,000 500
SHAREHOLDERS' FUNDS 4,100 600

A C ENGINEERING (UK) LIMITED (REGISTERED NUMBER: 04515013)

BALANCE SHEET - continued
31 MAY 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2024 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.

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 for issue by the director and authorised for issue on 26 September 2024 and were signed by:





Mr A Churchard - Director


A C ENGINEERING (UK) LIMITED (REGISTERED NUMBER: 04515013)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 MAY 2024

1. STATUTORY INFORMATION

A C Engineering (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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

Significant judgements and estimates
No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
When the outcome of a construction contract can be estimated reliably, contract costs and turnover are recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to contractual performance obligations performed over time.

Where the outcome cannot be measured reliably, contract costs are recognised as an expense in the period in which they are incurred and contract turnover is recognised to the extent of costs incurred that it is probable will be recoverable.

When it is probable that contract costs will exceed the total contract turnover, the expected loss is recognised as an expense immediately, with a corresponding provision.

Intangible assets
Goodwill arising on business combinations is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful life. The period chosen for writing off goodwill is ten years. Provision is made for any impairment.

A C ENGINEERING (UK) LIMITED (REGISTERED NUMBER: 04515013)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 MAY 2024

2. ACCOUNTING POLICIES - continued

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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 balance sheet date.

Hire purchase and leasing commitments
Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors.

Where goods are sold using finance leases, the entity recognises turnover from the sale of goods and the rights to receive future lease payments as a debtor. Minimum lease payments are apportioned between finance income and the reduction of the lease debtor with finance income allocated so as to produce a constant periodic rate of interest on the net investment in the finance lease.

Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Pension costs
The company makes employer contributions into employee private pension schemes. The annual contributions payable are charged to the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2023 - 3 ) .

A C ENGINEERING (UK) LIMITED (REGISTERED NUMBER: 04515013)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 MAY 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023 105,000
Disposals (105,000 )
At 31 May 2024 -
AMORTISATION
At 1 April 2023 105,000
Eliminated on disposal (105,000 )
At 31 May 2024 -
NET BOOK VALUE
At 31 May 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2023 17,438 3,231 20,190 40,859
Disposals (17,438 ) (3,231 ) (20,190 ) (40,859 )
At 31 May 2024 - - - -
DEPRECIATION
At 1 April 2023 12,202 2,017 15,499 29,718
Eliminated on disposal (12,202 ) (2,017 ) (15,499 ) (29,718 )
At 31 May 2024 - - - -
NET BOOK VALUE
At 31 May 2024 - - - -
At 31 March 2023 5,236 1,214 4,691 11,141

A C ENGINEERING (UK) LIMITED (REGISTERED NUMBER: 04515013)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 MAY 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2023 20,190
Disposals (20,190 )
At 31 May 2024 -
DEPRECIATION
At 1 April 2023 15,499
Eliminated on disposal (15,499 )
At 31 May 2024 -
NET BOOK VALUE
At 31 May 2024 -
At 31 March 2023 4,691

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.3.23
£    £   
Trade debtors - 26,751
VAT 647 -
647 26,751

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.3.23
£    £   
Hire purchase contracts - 764
Trade creditors - 2,033
Corporation tax 7,412 1,644
PAYE and NIC - 676
VAT - 4,770
Directors' current accounts 28,810 44,097
Accruals and deferred income 3,300 3,090
39,522 57,074

A C ENGINEERING (UK) LIMITED (REGISTERED NUMBER: 04515013)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 MAY 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.3.23
£    £   
Hire purchase contracts - 764

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.3.23
value: £    £   
75 'A' Ordinary £1 75 75
25 'B' Ordinary £1 25 25
100 100