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REGISTERED NUMBER: 07315139 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

HOLDFAST ENGINEERING LIMITED

HOLDFAST ENGINEERING LIMITED (REGISTERED NUMBER: 07315139)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HOLDFAST ENGINEERING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2025







DIRECTORS: I A N Macleod
A M Walker





REGISTERED OFFICE: 5-9 Eden Street
Kingston-upon-Thames
Surrey
KT1 1BQ





REGISTERED NUMBER: 07315139 (England and Wales)





ACCOUNTANTS: Collards
Chartered Accountants
5-9 Eden Street
Kingston-upon-Thames
Surrey
KT1 1BQ

HOLDFAST ENGINEERING LIMITED (REGISTERED NUMBER: 07315139)

BALANCE SHEET
31 JULY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 26,550 35,600

CURRENT ASSETS
Debtors 5 461,913 260,135
Cash at bank 333,751 213,818
795,664 473,953
CREDITORS
Amounts falling due within one year 6 309,748 202,965
NET CURRENT ASSETS 485,916 270,988
TOTAL ASSETS LESS CURRENT
LIABILITIES

512,466

306,588

CREDITORS
Amounts falling due after more than one year 7 (16,350 ) (21,795 )

PROVISIONS FOR LIABILITIES (1,230 ) (1,700 )
NET ASSETS 494,886 283,093

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 494,786 282,993
SHAREHOLDERS' FUNDS 494,886 283,093

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 August 2025 and were signed on its behalf by:





I A N Macleod - Director


HOLDFAST ENGINEERING LIMITED (REGISTERED NUMBER: 07315139)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025

1. STATUTORY INFORMATION

Holdfast Engineering 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.

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.

Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on reducing balance and 25% on reducing balance

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

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 15 (2024 - 12 ) .

HOLDFAST ENGINEERING LIMITED (REGISTERED NUMBER: 07315139)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2024
and 31 July 2025 70,811
DEPRECIATION
At 1 August 2024 35,211
Charge for year 9,050
At 31 July 2025 44,261
NET BOOK VALUE
At 31 July 2025 26,550
At 31 July 2024 35,600

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:

Plant and
machinery
etc
£   
COST
At 1 August 2024 57,589
Transfer to ownership (11,015 )
At 31 July 2025 46,574
DEPRECIATION
At 1 August 2024 24,789
Charge for year 8,225
Transfer to ownership (8,065 )
At 31 July 2025 24,949
NET BOOK VALUE
At 31 July 2025 21,625
At 31 July 2024 32,800

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 461,913 260,135

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts and finance leases 5,805 13,843
Trade creditors 80,701 38,913
Taxation and social security 194,653 132,651
Other creditors 28,589 17,558
309,748 202,965

HOLDFAST ENGINEERING LIMITED (REGISTERED NUMBER: 07315139)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Hire purchase contracts and finance leases 16,350 21,795