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REGISTERED NUMBER: 03637145 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ENGINEERING TECHNOLOGIES & MANUFACTURING
LIMITED

ENGINEERING TECHNOLOGIES & MANUFACTURING
LIMITED (REGISTERED NUMBER: 03637145)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ENGINEERING TECHNOLOGIES & MANUFACTURING
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr J A Stewart
Mrs E A Stewart





REGISTERED OFFICE: Longthorne House
Millbrook Close
Northampton
NN5 5JF





REGISTERED NUMBER: 03637145 (England and Wales)





ACCOUNTANTS: Cube Partners Limited
Chartered Accountants
5 Giffard Court
Millbrook Close
Northampton
Northamptonshire
NN5 5JF

ENGINEERING TECHNOLOGIES & MANUFACTURING
LIMITED (REGISTERED NUMBER: 03637145)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 28,663 31,533
Tangible assets 5 381,086 471,056
409,749 502,589

CURRENT ASSETS
Stocks 25,149 94,422
Debtors 6 518,589 376,396
Cash at bank 21,628 22,956
565,366 493,774
CREDITORS
Amounts falling due within one year 7 569,390 510,064
NET CURRENT LIABILITIES (4,024 ) (16,290 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

405,725

486,299

CREDITORS
Amounts falling due after more than one year 8 (20,870 ) (83,101 )

PROVISIONS FOR LIABILITIES (65,549 ) (81,517 )
NET ASSETS 319,306 321,681

CAPITAL AND RESERVES
Called up, fully paid share capital 100 100
Retained earnings 319,206 321,581
SHAREHOLDERS' FUNDS 319,306 321,681

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

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

ENGINEERING TECHNOLOGIES & MANUFACTURING
LIMITED (REGISTERED NUMBER: 03637145)

BALANCE SHEET - continued
31 DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2025 and were signed on its behalf by:





Mrs E A Stewart - Director


ENGINEERING TECHNOLOGIES & MANUFACTURING
LIMITED (REGISTERED NUMBER: 03637145)

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

1. STATUTORY INFORMATION

Engineering Technologies & Manufacturing 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.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of value added tax and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. For sales of goods, the turnover is shown net of distribution and carriage charges.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, when the amount of revenue can be measured reliably, when it is probable that the associated economic benefits will flow to the entity and when the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Revenue for the sale of services is recognised when the outcome of the contract can be reliably measured.

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Impairment of fixed assets
At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

ENGINEERING TECHNOLOGIES & MANUFACTURING
LIMITED (REGISTERED NUMBER: 03637145)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
Cash and cash equivalents in the balance sheet comprise cast at banks and in hand and short term deposits with an original maturity date of three months or less.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income and under administrative expenses.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Hire purchase and leasing commitments
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 8 (2023 - 8 ) .

ENGINEERING TECHNOLOGIES & MANUFACTURING
LIMITED (REGISTERED NUMBER: 03637145)

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024
and 31 December 2024 35,917
AMORTISATION
At 1 January 2024 4,384
Charge for year 2,870
At 31 December 2024 7,254
NET BOOK VALUE
At 31 December 2024 28,663
At 31 December 2023 31,533

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 2,843,884 79,612 44,738 - 2,968,234
Additions 2,000 1,248 - 17,685 20,933
Disposals (429 ) (180 ) - - (609 )
At 31 December 2024 2,845,455 80,680 44,738 17,685 2,988,558
DEPRECIATION
At 1 January 2024 2,387,636 69,655 39,887 - 2,497,178
Charge for year 105,686 2,593 1,212 1,369 110,860
Eliminated on disposal (386 ) (180 ) - - (566 )
At 31 December 2024 2,492,936 72,068 41,099 1,369 2,607,472
NET BOOK VALUE
At 31 December 2024 352,519 8,612 3,639 16,316 381,086
At 31 December 2023 456,248 9,957 4,851 - 471,056

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 315,538 127,012
Other debtors 203,051 249,384
518,589 376,396

ENGINEERING TECHNOLOGIES & MANUFACTURING
LIMITED (REGISTERED NUMBER: 03637145)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 49,992 49,992
Hire purchase contracts 90,405 107,916
Trade creditors 63,946 45,632
Taxation and social security 116,785 56,757
Other creditors 248,262 249,767
569,390 510,064

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 20,870 70,862
Hire purchase contracts - 12,239
20,870 83,101

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 70,862 120,854
Hire purchase contracts 90,405 120,155
161,267 241,009

There is a charge dated 26 February 2015 in favour of The Royal Bank of Scotland with a fixed charge over the assets of the company.

The hire purchase contracts are secured on the assets to which they relate.