REGISTERED NUMBER: 03074312 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CORPORATE ENGINEERING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Siew Meng Choy

K Chan

G Brown

REGISTERED OFFICE:

Culham Mill

Little London Road

Silchester

Berkshire

RG7 2PP

REGISTERED NUMBER:

03074312 (England and Wales)

ACCOUNTANTS:

Jeffrey C C Hoong FCCA

Hoong & Company

7 Lorian Close

Woodside Park

London

N12 7DW

FIXED ASSETS

Tangible assets

4

35,650

12,530

CURRENT ASSETS

Stocks

5

74,914

63,814

Debtors

6

597,842

470,942

Cash at bank

332,323

404,386

1,005,079

939,142

CREDITORS

Amounts falling due within one year

7

226,280

245,764

NET CURRENT ASSETS

778,799

693,378

TOTAL ASSETS LESS CURRENT LIABILITIES

814,449

705,908

CAPITAL AND RESERVES

Called up share capital

8

300,000

300,000

Retained earnings

9

514,449

405,908

SHAREHOLDERS' FUNDS

814,449

705,908

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.

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 22 September 2025 and were signed on its behalf by:

K Chan - Director

1.	STATUTORY INFORMATION

Corporate 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.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

10% on cost

Computer equipment

-

20% on cost

Stocks

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Patterns

Fixtures

and

Plant and

and

Computer

moulds

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

13,995

142,608

27,964

34,252

218,819

Additions

32,945

8,154

-

1,860

42,959

At 31 December 2024

46,940

150,762

27,964

36,112

261,778

DEPRECIATION

At 1 January 2024

11,663

135,653

27,964

31,009

206,289

Charge for year

15,489

2,513

-

1,837

19,839

At 31 December 2024

27,152

138,166

27,964

32,846

226,128

NET BOOK VALUE

At 31 December 2024

19,788

12,596

-

3,266

35,650

At 31 December 2023

2,332

6,955

-

3,243

12,530

5.

STOCKS

2024

2023

£

£

Stocks

74,914

63,814

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

554,399

441,674

Other debtors

9,027

1,257

Prepayments

31,621

28,011

VAT

2,795

-

597,842

470,942

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

152,945

67,867

Tax

36,856

23,447

Social security and other taxes

17,485

17,237

VAT

-

36,774

Workplace pension

3,113

2,171

Accrued expenses

15,881

98,268

226,280

245,764

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

300,000

Ordinary

£1

300,000

300,000

9.

RESERVES

Retained

earnings

£

At 1 January 2024

405,908

Profit for the year

144,541

Dividends

(36,000

)

At 31 December 2024

514,449