REGISTERED NUMBER: 04548556 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

A & S TOOLING LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

A J Murray

Mrs P A Murray

M D Conrad

P Thompson

Mrs E F Thompson

REGISTERED OFFICE:

4 Sudley Road

Bognor Regis

West

Sussex

PO21 1EU

REGISTERED NUMBER:

04548556 (England and Wales)

ACCOUNTANTS:

Adams Beeny Limited

4 Sudley Road

Bognor Regis

West Sussex

PO21 1EU

FIXED ASSETS

Tangible assets

4

63,923

78,764

CURRENT ASSETS

Stocks

6,640

7,800

Debtors

5

252,879

159,984

Cash at bank

154,065

192,497

413,584

360,281

CREDITORS

Amounts falling due within one year

6

162,971

122,311

NET CURRENT ASSETS

250,613

237,970

TOTAL ASSETS LESS CURRENT LIABILITIES

314,536

316,734

PROVISIONS FOR LIABILITIES

7

10,992

11,715

NET ASSETS

303,544

305,019

CAPITAL AND RESERVES

Called up share capital

8

1,106

1,106

Retained earnings

9

302,438

303,913

SHAREHOLDERS' FUNDS

12

303,544

305,019

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 29 September 2025 and were signed on its behalf by:

A J Murray - Director

P Thompson - Director

M D Conrad - Director

1.	STATUTORY INFORMATION

A & S Tooling 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

33% on cost and 25% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 13 (2023 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

12,004

258,509

270,513

Additions

-

15,295

15,295

Disposals

-

(5,250

)

(5,250

)

At 31 December 2024

12,004

268,554

280,558

DEPRECIATION

At 1 January 2024

1,600

190,149

191,749

Charge for year

240

26,944

27,184

Eliminated on disposal

-

(2,298

)

(2,298

)

At 31 December 2024

1,840

214,795

216,635

NET BOOK VALUE

At 31 December 2024

10,164

53,759

63,923

At 31 December 2023

10,404

68,360

78,764

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

243,720

151,057

Other debtors

9,159

8,927

252,879

159,984

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

31,187

34,681

Taxation and social security

123,022

77,616

Other creditors

8,762

10,014

162,971

122,311

7.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

Accelerated capital allowances

10,992

11,715

Deferred

tax

£

Balance at 1 January 2024

11,715

Provided during year

(723

)

Balance at 31 December 2024

10,992

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1,002

Ordinary

£1

1,000

1,000

102

Ordinary B shares

£1

100

100

6

Ordinary C

£1

2

2

6

Ordinary D

£1

4

4

1,106

1,106

9.

RESERVES

Retained

earnings

£

At 1 January 2024

303,913

Profit for the year

73,525

Dividends

(75,000

)

At 31 December 2024

302,438

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

A J Murray and Mrs P A Murray

Balance outstanding at start of year

32

32

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

32

32

Mrs E F Thompson and P Thompson

Balance outstanding at start of year

1,292

1,292

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,292

1,292

The directors loans are interest free and repayable on demand.

11.	RELATED PARTY DISCLOSURES

The company remained under the control of the directors.

12.	RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS

31.12.24

31.12.23

£

£

Profit for the financial year

73,525

22,000

Dividends

(75,000

)

(105,000

)

Opening shareholder funds

Net reduction of shareholders' funds

(1,475

)

(83,000

)

Opening shareholders' funds

305,019

388,019

Closing shareholders' funds

303,544

305,019