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Registration number: 02600814

Archway Engineering (U.K.) Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2025

 

Archway Engineering (U.K.) Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

Archway Engineering (U.K.) Limited

Company Information

Directors

Mr Ian Ashley Jackson

Dr Robin G Arak

Registered office

Ainleys Industrial Estate
Elland
West Yorkshire
HX5 9JP

 

Archway Engineering (U.K.) Limited

(Registration number: 02600814)
Balance Sheet as at 30 April 2025

Note

2025
£

2024
£

Fixed assets

 

Intangible assets

4

5,600

-

Tangible assets

5

739,227

876,846

 

744,827

876,846

Current assets

 

Stocks

6

1,698,084

1,740,817

Debtors

7

984,203

515,436

Cash at bank and in hand

 

1,256,183

1,274,327

 

3,938,470

3,530,580

Creditors: Amounts falling due within one year

8

(389,171)

(323,337)

Net current assets

 

3,549,299

3,207,243

Total assets less current liabilities

 

4,294,126

4,084,089

Provisions for liabilities

(142,393)

(174,186)

Net assets

 

4,151,733

3,909,903

Capital and reserves

 

Called up share capital

3,000

3,000

Retained earnings

4,148,733

3,906,903

Shareholders' funds

 

4,151,733

3,909,903

 

Archway Engineering (U.K.) Limited

(Registration number: 02600814)
Balance Sheet as at 30 April 2025

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 August 2025 and signed on its behalf by:
 

.........................................
Dr Robin G Arak
Director

 

Archway Engineering (U.K.) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Ainleys Industrial Estate
Elland
West Yorkshire
HX5 9JP

These financial statements were authorised for issue by the Board on 21 August 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

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).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

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.

 

Archway Engineering (U.K.) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

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.

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

Depreciation method and rate

Freehold property

2% on cost

Improvements to property

2% on cost

Plant and machinery

20% on reducing balance & 33.3% straight line

Fixtures and fittings

15% on reducing balance

Motor vehicles

25% on reducing balance

Computer equipment

33% on reducing balance

Goodwill

Goodwill, being the amounts paid in connection with the acquisition of a business in 1991, has been amortised evenly over its estimated useful life of twenty years.

Intangible assets

Amortised on a straight line basis over 5 years.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Archway Engineering (U.K.) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

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.

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.

 

Archway Engineering (U.K.) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 28 (2024 - 29).

4

Intangible assets

Goodwill
 £

Trademarks, patents and licenses
 £

Other intangible assets
 £

Total
£

Cost or valuation

At 1 May 2024

140,550

2,000

-

142,550

Additions acquired separately

-

-

7,000

7,000

At 30 April 2025

140,550

2,000

7,000

149,550

Amortisation

At 1 May 2024

140,550

2,000

-

142,550

Amortisation charge

-

-

1,400

1,400

At 30 April 2025

140,550

2,000

1,400

143,950

Carrying amount

At 30 April 2025

-

-

5,600

5,600

 

Archway Engineering (U.K.) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

5

Tangible assets

Land and buildings
£

Improvements to property
£

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 May 2024

259,836

28,169

47,707

2,107,748

12,157

50,457

2,506,074

Additions

-

930

-

12,046

1,288

-

14,264

Disposals

-

-

-

(42,395)

-

-

(42,395)

At 30 April 2025

259,836

29,099

47,707

2,077,399

13,445

50,457

2,477,943

Depreciation

At 1 May 2024

100,381

7,518

35,114

1,429,649

10,251

46,315

1,629,228

Charge for the year

5,197

582

1,889

137,634

994

1,035

147,331

Eliminated on disposal

-

-

-

(37,843)

-

-

(37,843)

At 30 April 2025

105,578

8,100

37,003

1,529,440

11,245

47,350

1,738,716

Carrying amount

At 30 April 2025

154,258

20,999

10,704

547,959

2,200

3,107

739,227

At 30 April 2024

159,455

20,651

12,593

678,099

1,906

4,142

876,846

Included within the net book value of land and buildings above is £154,257 (2024 - £159,454) in respect of freehold land and buildings.
 

 

Archway Engineering (U.K.) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

6

Stocks

2025
£

2024
£

Raw materials and consumables

122,233

103,288

Merchandise

34,549

31,522

Work in progress

1,300

12,000

Finished goods and goods for resale

1,540,002

1,594,007

1,698,084

1,740,817

7

Debtors

Current

2025
£

2024
£

Trade debtors

646,304

405,026

Prepayments

12,045

12,349

Other debtors

325,854

98,061

 

984,203

515,436

8

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Trade creditors

186,595

131,694

Taxation and social security

194,185

173,903

Accruals and deferred income

8,391

17,740

389,171

323,337