Company Registration No. 12370265 (England and Wales)
Arundel Engineering Ltd
Amended Annual Report and Unaudited Accounts
for the year ended 31 December 2024
Arundel Engineering Ltd
Amended Annual Report and Unaudited Accounts
Contents
Arundel Engineering Ltd
Company Information
for the year ended 31 December 2024
Directors
Shane McKenney
Peter Hardiman
Company Number
12370265 (England and Wales)
Registered Office
29 BLACKWOOD CLOSE
WEST BYFLEET
KT14 6PP
ENGLAND
Accountants
Golding & Co Accounting Services Limited
29 Blackwood Close
West Byfleet
Surrey
KT14 6PP
Arundel Engineering Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
220,317
4,029
Cash at bank and in hand
342,914
144,449
Creditors: amounts falling due within one year
(519,394)
(105,477)
Net current assets
425,929
115,169
Total assets less current liabilities
646,246
119,198
Creditors: amounts falling due after more than one year
(188,393)
(10,000)
Net assets
457,853
109,198
Called up share capital
4
4
Profit and loss account
457,849
109,194
Shareholders' funds
457,853
109,198
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2025 and were signed on its behalf by
Shane McKenney
Director
Company Registration No. 12370265
Arundel Engineering Ltd
Notes to the Accounts
for the year ended 31 December 2024
Arundel Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 12370265. The registered office is 29 BLACKWOOD CLOSE, WEST BYFLEET, KT14 6PP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Arundel Engineering Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
1,994
-
4,456
6,450
Additions
-
230,782
10,468
241,250
At 31 December 2024
1,994
230,782
14,924
247,700
At 1 January 2024
737
-
1,684
2,421
Charge for the year
399
21,351
3,212
24,962
At 31 December 2024
1,136
21,351
4,896
27,383
At 31 December 2024
858
209,431
10,028
220,317
At 31 December 2023
1,257
-
2,772
4,029
Amounts falling due within one year
Trade debtors
572,638
74,146
Accrued income and prepayments
339
-
Other debtors
29,432
2,051
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
23,387
-
Taxes and social security
225,420
61,516
Loans from directors
-
16,532
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
188,393
-
8
Average number of employees
During the year the average number of employees was 17 (2023: 2).