Registered number
02744311
AEGIS RUBBER ENGINEERING LTD
Filleted Accounts
31 March 2025
AEGIS RUBBER ENGINEERING LTD
Registered number: 02744311
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 51,223 40,811
Current assets
Stocks 43,000 69,000
Debtors 4 215,892 241,754
Cash at bank and in hand 345,890 149,424
604,782 460,178
Creditors: amounts falling due within one year 5 (263,993) (189,781)
Net current assets 340,789 270,397
Total assets less current liabilities 392,012 311,208
Creditors: amounts falling due after more than one year 6 (22,500) (32,500)
Net assets 369,512 278,708
Capital and reserves
Called up share capital 100 100
Profit and loss account 369,412 278,608
Shareholders' funds 369,512 278,708
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R Dinneen
Director
Approved by the board on 17 July 2025
AEGIS RUBBER ENGINEERING LTD
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Improvements to buildings 10% pa on the straight line method
Plant and machinery 15% pa on the straight line method
Motor vehicles 15% pa on the straight line method
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 15 15
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 April 2024 19,232 550,558 13,139 582,929
Additions - 37,466 - 37,466
At 31 March 2025 19,232 588,024 13,139 620,395
Depreciation
At 1 April 2024 19,231 513,032 9,855 542,118
Charge for the year - 25,083 1,971 27,054
At 31 March 2025 19,231 538,115 11,826 569,172
Net book value
At 31 March 2025 1 49,909 1,313 51,223
At 31 March 2024 1 37,526 3,284 40,811
4 Debtors 2025 2024
£ £
Trade debtors 199,033 225,317
Other debtors 16,859 16,437
215,892 241,754
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 223,071 155,804
Taxation and social security costs 22,752 33,977
Other creditors 18,170 -
263,993 189,781
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 22,500 32,500
7 Other information
AEGIS RUBBER ENGINEERING LTD is a private company limited by shares and incorporated in England. Its registered office is:
14/15 Bolney Grange Ind Park
Stairbridge Lane
Haywards Heath
West Sussex
RH17 5PB
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