IRIS Accounts Production v24.3.0.553 05702206 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh057022062023-03-31057022062024-03-31057022062023-04-012024-03-31057022062022-03-31057022062022-04-012023-03-31057022062023-03-3105702206ns15:EnglandWales2023-04-012024-03-3105702206ns14:PoundSterling2023-04-012024-03-3105702206ns10:Director12023-04-012024-03-3105702206ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3105702206ns10:SmallEntities2023-04-012024-03-3105702206ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3105702206ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3105702206ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3105702206ns10:FullAccounts2023-04-012024-03-310570220612023-04-012024-03-3105702206ns10:OrdinaryShareClass12023-04-012024-03-3105702206ns10:OrdinaryShareClass22023-04-012024-03-3105702206ns10:OrdinaryShareClass32023-04-012024-03-3105702206ns10:Director22023-04-012024-03-3105702206ns10:Director32023-04-012024-03-3105702206ns10:Director42023-04-012024-03-3105702206ns10:CompanySecretary12023-04-012024-03-3105702206ns10:RegisteredOffice2023-04-012024-03-3105702206ns5:CurrentFinancialInstruments2024-03-3105702206ns5:CurrentFinancialInstruments2023-03-3105702206ns5:Non-currentFinancialInstruments2024-03-3105702206ns5:Non-currentFinancialInstruments2023-03-3105702206ns5:ShareCapital2024-03-3105702206ns5:ShareCapital2023-03-3105702206ns5:RetainedEarningsAccumulatedLosses2024-03-3105702206ns5:RetainedEarningsAccumulatedLosses2023-03-3105702206ns5:NetGoodwill2023-04-012024-03-3105702206ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3105702206ns5:PlantMachinery2023-04-012024-03-3105702206ns5:MotorVehicles2023-04-012024-03-3105702206ns5:NetGoodwill2023-03-3105702206ns5:NetGoodwill2024-03-3105702206ns5:NetGoodwill2023-03-3105702206ns5:PlantMachinery2023-03-3105702206ns5:MotorVehicles2023-03-3105702206ns5:ComputerEquipment2023-03-3105702206ns5:ComputerEquipment2023-04-012024-03-3105702206ns5:PlantMachinery2024-03-3105702206ns5:MotorVehicles2024-03-3105702206ns5:ComputerEquipment2024-03-3105702206ns5:PlantMachinery2023-03-3105702206ns5:MotorVehicles2023-03-3105702206ns5:ComputerEquipment2023-03-3105702206ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-03-3105702206ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-04-012024-03-3105702206ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-03-3105702206ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-03-3105702206ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3105702206ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3105702206ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3105702206ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-3105702206ns10:OrdinaryShareClass12024-03-3105702206ns10:OrdinaryShareClass22024-03-3105702206ns10:OrdinaryShareClass32024-03-31
REGISTERED NUMBER: 05702206 (England and Wales)















ILLINGWORTH MECHANICAL LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024






ILLINGWORTH MECHANICAL LIMITED (REGISTERED NUMBER: 05702206)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ILLINGWORTH MECHANICAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: P E Illingworth
Mrs. S L Illingworth
J Illingworth
S J Illingworth





SECRETARY: Mrs. S L Illingworth





REGISTERED OFFICE: Blacksmiths Cottage
Horsleygate Lane
Holmesfield
Derbyshire
S18 7WD





REGISTERED NUMBER: 05702206 (England and Wales)





ACCOUNTANTS: Duncan Chartered Accountants
5 Cherrytree
Union Road
Sheffield
South Yorkshire
S11 9EF

ILLINGWORTH MECHANICAL LIMITED (REGISTERED NUMBER: 05702206)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 36,666 64,384
36,666 64,384

CURRENT ASSETS
Debtors 6 129,776 77,924
Cash at bank 99,825 200,345
229,601 278,269
CREDITORS
Amounts falling due within one year 7 218,472 168,713
NET CURRENT ASSETS 11,129 109,556
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,795

173,940

CREDITORS
Amounts falling due after more than one
year

8

(14,777

)

(26,998

)

PROVISIONS FOR LIABILITIES (9,200 ) (12,250 )
NET ASSETS 23,818 134,692

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 23,718 134,592
SHAREHOLDERS' FUNDS 23,818 134,692

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

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

ILLINGWORTH MECHANICAL LIMITED (REGISTERED NUMBER: 05702206)

BALANCE SHEET - continued
31 MARCH 2024


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 by the Board of Directors and authorised for issue on 17 October 2024 and were signed on its behalf by:





Mrs. S L Illingworth - Director


ILLINGWORTH MECHANICAL LIMITED (REGISTERED NUMBER: 05702206)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Illingworth Mechanical 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 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on cost
Motor vehicles - 25% on cost

Taxation
Taxation for the year 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.


ILLINGWORTH MECHANICAL LIMITED (REGISTERED NUMBER: 05702206)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 6 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 97,849
AMORTISATION
At 1 April 2023
and 31 March 2024 97,849
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

ILLINGWORTH MECHANICAL LIMITED (REGISTERED NUMBER: 05702206)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 27,671 120,308 7,163 155,142
Additions 2,800 - - 2,800
Disposals - (16,000 ) - (16,000 )
At 31 March 2024 30,471 104,308 7,163 141,942
DEPRECIATION
At 1 April 2023 19,875 65,246 5,637 90,758
Charge for year 4,141 17,431 1,279 22,851
Eliminated on disposal - (8,333 ) - (8,333 )
At 31 March 2024 24,016 74,344 6,916 105,276
NET BOOK VALUE
At 31 March 2024 6,455 29,964 247 36,666
At 31 March 2023 7,796 55,062 1,526 64,384

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2023
and 31 March 2024 30,362
DEPRECIATION
At 1 April 2023 5,693
Charge for year 7,591
At 31 March 2024 13,284
NET BOOK VALUE
At 31 March 2024 17,078
At 31 March 2023 24,669

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 129,776 77,924

ILLINGWORTH MECHANICAL LIMITED (REGISTERED NUMBER: 05702206)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 6,000 6,000
Hire purchase contracts 6,221 6,221
Trade creditors 42,567 21,658
Tax - 80,192
Social security and other taxes - 7,870
Taxation and social security 124,296 -
VAT 18,139 14,978
Other creditors 5,427 2,555
Credit Card Account 5,971 6,318
Pension scheme 3,449 3,116
Directors' current accounts 2,902 16,305
Accrued expenses 3,500 3,500
218,472 168,713

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 2-5 years 7,000 13,000
Hire purchase contracts 7,777 13,998
14,777 26,998

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
90 Ordinary 1 90 90
5 Ordinary A £1 5 5
5 Ordinary B £1 5 5
100 100