| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 28 February 2025 |
| for |
| Errisbeg Engineering Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 28 February 2025 |
| for |
| Errisbeg Engineering Limited |
| Errisbeg Engineering Limited (Registered number: 13199664) |
| Contents of the Financial Statements |
| for the Year Ended 28 February 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Errisbeg Engineering Limited |
| Company Information |
| for the Year Ended 28 February 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| Errisbeg Engineering Limited (Registered number: 13199664) |
| Balance Sheet |
| 28 February 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| The financial statements were approved by the director and authorised for issue on |
| Errisbeg Engineering Limited (Registered number: 13199664) |
| Notes to the Financial Statements |
| for the Year Ended 28 February 2025 |
| 1. | STATUTORY INFORMATION |
| The company is a private company limited by share capital, incorporated in United Kingdom. |
| The address of its registered office is: |
| Unit 1 The Cam Centre |
| Wilbury Way |
| Hitchin |
| Herts |
| SG4 0TW |
| The principal place of business is: |
| 40 Grange Road |
| Barton-le-Clay |
| Bedford |
| MK45 4RE |
| 2. | STATEMENT OF COMPLIANCE |
| These financial statements have been prepared in accordance with Financial Reporting Standard 102 |
| Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and |
| Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small |
| companies' regime). |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements have been prepared using the historical cost convention. |
| The financial statements are prepared in sterling, which is the functional currency of the entity. |
| Going concern |
| The financial statements have been prepared on a going concern basis. |
| Judgements |
| The preparation of the financial statements requires management to make judgements, estimates and |
| assumptions that affect the amounts reported. These estimates and judgements are continually |
| reviewed and are based on experience and other factors, including expectations of future events that |
| are believed to be reasonable under the circumstances. |
| Turnover |
| Turnover comprises of the consideration received or receivable for the provision of services in the |
| ordinary course of the company’s activities. |
| 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 |
| Plant and machinery | - |
| Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated |
| depreciation and subsequent accumulated impairment losses. |
| The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition |
| and installation. |
| Errisbeg Engineering Limited (Registered number: 13199664) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28 February 2025 |
| 3. | ACCOUNTING POLICIES - continued |
| 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. |
| Cash and cash equivalents |
| Cash and cash equivalents comprise cash on hand and call deposits. |
| 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 at the transaction price. |
| 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 at the transaction price. |
| 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. |
| Share capital |
| Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash |
| or other resources received or receivable, net of the direct costs of issuing the equity instruments. If |
| payment is deferred and the time value of money is material, the initial measurement is on a present |
| value basis. |
| Dividends |
| Dividend distribution to the company’s shareholders is recognised as a liability in the financial |
| statements in the reporting period in which the dividends are declared. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Errisbeg Engineering Limited (Registered number: 13199664) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28 February 2025 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and | Computer |
| machinery | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 March 2024 |
| Additions |
| At 28 February 2025 |
| DEPRECIATION |
| At 1 March 2024 |
| Charge for year |
| At 28 February 2025 |
| NET BOOK VALUE |
| At 28 February 2025 |
| At 29 February 2024 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Other debtors - CIS asset | 552 | 552 |
| Directors' current accounts | 354 | - |
| Prepayments |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Social security and other taxes |
| VAT | 6,386 | 10,681 |
| Other creditors |
| Directors' current accounts | - | 66 |
| Accruals and deferred income |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other loans - 1-2 years |
| Tax |
| Wages and salaries | 3,073 | (144 | ) |
| 9. | RELATED PARTY TRANSACTIONS |
| At the balance sheet date, the company was due £353 (2023: £66 owed to) by the director, D Marks. |
| There are no terms of repayment or interest charged on this loan. |
| Errisbeg Engineering Limited (Registered number: 13199664) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28 February 2025 |
| 10. | PARENT AND ULTIMATE PARENT UNDERTAKING |
| The ultimate controlling party is Declan Marks by virtue of his sole shareholding. |