IRIS Accounts Production v25.2.0.378 00619491 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh006194912023-12-31006194912024-12-31006194912024-01-012024-12-31006194912022-12-31006194912023-01-012023-12-31006194912023-12-3100619491ns15:EnglandWales2024-01-012024-12-3100619491ns14:PoundSterling2024-01-012024-12-3100619491ns10:Director12024-01-012024-12-3100619491ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3100619491ns10:SmallEntities2024-01-012024-12-3100619491ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3100619491ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3100619491ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3100619491ns10:FullAccounts2024-01-012024-12-3100619491ns10:Director22024-01-012024-12-3100619491ns10:RegisteredOffice2024-01-012024-12-3100619491ns5:CurrentFinancialInstruments2024-12-3100619491ns5:CurrentFinancialInstruments2023-12-3100619491ns5:Non-currentFinancialInstruments2024-12-3100619491ns5:Non-currentFinancialInstruments2023-12-3100619491ns5:ShareCapital2024-12-3100619491ns5:ShareCapital2023-12-3100619491ns5:SharePremium2024-12-3100619491ns5:SharePremium2023-12-3100619491ns5:CapitalRedemptionReserve2024-12-3100619491ns5:CapitalRedemptionReserve2023-12-3100619491ns5:RetainedEarningsAccumulatedLosses2024-12-3100619491ns5:RetainedEarningsAccumulatedLosses2023-12-3100619491ns5:LongLeaseholdAssetsns5:LandBuildings2024-01-012024-12-3100619491ns5:PlantMachinery2024-01-012024-12-3100619491ns5:FurnitureFittings2024-01-012024-12-3100619491ns5:MotorVehicles2024-01-012024-12-3100619491ns5:LongLeaseholdAssetsns5:LandBuildings2023-12-3100619491ns5:PlantMachinery2023-12-3100619491ns5:FurnitureFittings2023-12-3100619491ns5:MotorVehicles2023-12-3100619491ns5:LongLeaseholdAssetsns5:LandBuildings2024-12-3100619491ns5:PlantMachinery2024-12-3100619491ns5:FurnitureFittings2024-12-3100619491ns5:MotorVehicles2024-12-3100619491ns5:LongLeaseholdAssetsns5:LandBuildings2023-12-3100619491ns5:PlantMachinery2023-12-3100619491ns5:FurnitureFittings2023-12-3100619491ns5:MotorVehicles2023-12-3100619491ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3100619491ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 00619491 (England and Wales)












ST.CLARE ENGINEERING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






ST.CLARE ENGINEERING LIMITED (REGISTERED NUMBER: 00619491)

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


ST.CLARE ENGINEERING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: A J Bow
Mrs P G Bow





REGISTERED OFFICE: Unit 1 Brookwood Industrial Estate
Brookwood Avenue
Eastleigh
Hampshire
SO50 9EY





REGISTERED NUMBER: 00619491 (England and Wales)

ST.CLARE ENGINEERING LIMITED (REGISTERED NUMBER: 00619491)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 33,843 49,809

CURRENT ASSETS
Stocks 75,358 69,409
Debtors 5 94,735 70,022
Cash at bank and in hand 58,090 138,576
228,183 278,007
CREDITORS
Amounts falling due within one year 6 (47,769 ) (79,649 )
NET CURRENT ASSETS 180,414 198,358
TOTAL ASSETS LESS CURRENT
LIABILITIES

214,257

248,167

CREDITORS
Amounts falling due after more than one
year

7

(16,295

)

(18,577

)

PROVISIONS FOR LIABILITIES (610 ) (4,100 )
NET ASSETS 197,352 225,490

CAPITAL AND RESERVES
Called up share capital 893 893
Share premium 29,610 29,610
Capital redemption reserve 807 807
Retained earnings 166,042 194,180
SHAREHOLDERS' FUNDS 197,352 225,490

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.

ST.CLARE ENGINEERING LIMITED (REGISTERED NUMBER: 00619491)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:





A J Bow - Director


ST.CLARE ENGINEERING LIMITED (REGISTERED NUMBER: 00619491)

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


1. STATUTORY INFORMATION

St.Clare 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 FRS102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure Is required to show a true and far view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principle accounting policies adopted are set below.

Turnover
Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically dispatched to the customer.

ST.CLARE ENGINEERING LIMITED (REGISTERED NUMBER: 00619491)

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


2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Leasehold property - Straight line over 10 years
Plant and machinery - Straight line over 5 years
Fixtures and fittings - Straight line over 4 years
Motor vehicles - Straight line over 4 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the income statement.

Financial assets
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities
Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments
Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

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

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.


ST.CLARE ENGINEERING LIMITED (REGISTERED NUMBER: 00619491)

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


2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

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 6 (2023 - 7 ) .

ST.CLARE ENGINEERING LIMITED (REGISTERED NUMBER: 00619491)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and Motor
property machinery fittings vehicles Totals
£ £ £ £ £
COST
At 1 January 2024 40,507 57,149 3,746 62,679 164,081
Additions - - 5,179 - 5,179
Disposals - - (1,464 ) - (1,464 )
At 31 December 2024 40,507 57,149 7,461 62,679 167,796
DEPRECIATION
At 1 January 2024 40,507 40,295 3,375 30,095 114,272
Charge for year - 6,112 564 14,469 21,145
Eliminated on disposal - - (1,464 ) - (1,464 )
At 31 December 2024 40,507 46,407 2,475 44,564 133,953
NET BOOK VALUE
At 31 December 2024 - 10,742 4,986 18,115 33,843
At 31 December 2023 - 16,854 371 32,584 49,809

The net book value of tangible fixed assets includes £ 18,115 (2023 - £ 32,584 ) in respect of assets held under hire purchase contracts.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 84,193 57,646
Other debtors 10,542 12,376
94,735 70,022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Hire purchase contracts 2,277 15,416
Trade creditors 15,706 19,686
Taxation and social security 25,196 39,997
Other creditors 4,590 4,550
47,769 79,649

ST.CLARE ENGINEERING LIMITED (REGISTERED NUMBER: 00619491)

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


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Hire purchase contracts 16,295 18,577

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Hire purchase contracts 18,572 33,993

The hire purchase debt is secured on the motor vehicle asset to which it relates.