COMBINED ENGINEERING SERVICES LTD

Company Registration Number:
10985209 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

COMBINED ENGINEERING SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Additional notes
Balance sheet notes

COMBINED ENGINEERING SERVICES LTD

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 332,161 341,488
Total fixed assets: 332,161 341,488
Current assets
Stocks: 4 10,100 25,500
Debtors: 5 195,960 273,833
Cash at bank and in hand: 76,095 11,620
Total current assets: 282,155 310,953
Creditors: amounts falling due within one year: 6 ( 118,010 ) ( 161,813 )
Net current assets (liabilities): 164,145 149,140
Total assets less current liabilities: 496,306 490,628
Creditors: amounts falling due after more than one year: 7 ( 5,837 ) ( 21,896 )
Provision for liabilities: ( 63,111 ) ( 52,919 )
Total net assets (liabilities): 427,358 415,813
Capital and reserves
Called up share capital: 40 40
Profit and loss account: 427,318 415,773
Total Shareholders' funds: 427,358 415,813

The notes form part of these financial statements

COMBINED ENGINEERING SERVICES LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 11 June 2025
and signed on behalf of the board by:

Name: S Williams
Status: Director

The notes form part of these financial statements

COMBINED ENGINEERING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Depreciation Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Asset class Plant and machinery Fixtures and fittings Plant and machinery- 2 Depreciation method and rate 20%Straight Line 25%Straight Line 13.33% Straight Line

    Other accounting policies

    Trade debtors Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables. Stocks Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss Trade creditors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Leases Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease. Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation. Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability

COMBINED ENGINEERING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 11 12

COMBINED ENGINEERING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 404,430 1,763 147,120 553,313
Additions 105,834 105,834
Disposals
Revaluations
Transfers
At 31 December 2024 510,264 1,763 147,120 659,147
Depreciation
At 1 January 2024 141,110 1,749 68,966 211,825
Charge for year 83,559 14 31,588 115,161
On disposals
Other adjustments
At 31 December 2024 224,669 1,763 100,554 326,986
Net book value
At 31 December 2024 285,595 0 46,566 332,161
At 31 December 2023 263,320 14 78,154 341,488

COMBINED ENGINEERING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Stocks

2024 2023
£ £
Stocks 10,100 25,500
Total 10,100 25,500

COMBINED ENGINEERING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

2024 2023
£ £
Trade debtors 179,939 213,054
Prepayments and accrued income 3,636 3,636
Other debtors 12,385 57,143
Total 195,960 273,833

COMBINED ENGINEERING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 7,193 16,532
Trade creditors 37,133 61,910
Taxation and social security 69,015 46,592
Accruals and deferred income 1,225 1,225
Other creditors 3,444 35,554
Total 118,010 161,813

COMBINED ENGINEERING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 5,837 21,896
Total 5,837 21,896