REGISTERED NUMBER: 12353425 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Burrow & Rutter-Armstrong Engineering

Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J R Armstrong

Mr D C Burrow

REGISTERED OFFICE:

Langwathby Hall

Langwathby

Penrith

Cumbria

CA10 1LW

REGISTERED NUMBER:

12353425 (England and Wales)

ACCOUNTANTS:

Benson Accountants

Wiza House

Station Road

Wigton

Cumbria

CA7 9BA

FIXED ASSETS

Tangible assets

4

211,035

203,341

CURRENT ASSETS

Stocks

5

1,030,031

1,241,470

Debtors

6

78,693

51,276

Cash at bank and in hand

78

3,236

1,108,802

1,295,982

CREDITORS

Amounts falling due within one year

7

862,917

1,274,255

NET CURRENT ASSETS

245,885

21,727

TOTAL ASSETS LESS CURRENT LIABILITIES

456,920

225,068

CREDITORS

Amounts falling due after more than one year

8

(243,343

)

(74,189

)

PROVISIONS FOR LIABILITIES

(40,958

)

(28,195

)

NET ASSETS

172,619

122,684

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

172,519

122,584

172,619

122,684

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 10 September 2025 and were signed on its behalf by:

Mr J R Armstrong - Director

Mr D C Burrow - Director

1.	STATUTORY INFORMATION

Burrow & Rutter-Armstrong Engineering Ltd 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.

Improvements to property

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

33% on cost

Motor vehicles

-

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 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.

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 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2024

75,015

221,676

17,139

89,205

403,035

Additions

-

47,011

-

25,932

72,943

Transfer to ownership

-

-

-

1

1

At 31 December 2024

75,015

268,687

17,139

115,138

475,979

DEPRECIATION

At 1 January 2024

24,056

106,176

14,996

54,466

199,694

Charge for year

7,502

40,628

1,952

15,168

65,250

At 31 December 2024

31,558

146,804

16,948

69,634

264,944

NET BOOK VALUE

At 31 December 2024

43,457

121,883

191

45,504

211,035

At 31 December 2023

50,959

115,500

2,143

34,739

203,341

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

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2024

76,628

64,983

141,611

Additions

42,600

-

42,600

Transfer to ownership

(25,495

)

(54,987

)

(80,482

)

At 31 December 2024

93,733

9,996

103,729

DEPRECIATION

At 1 January 2024

31,840

39,216

71,056

Charge for year

21,847

6,442

28,289

Transfer to ownership

(18,774

)

(39,880

)

(58,654

)

At 31 December 2024

34,913

5,778

40,691

NET BOOK VALUE

At 31 December 2024

58,820

4,218

63,038

At 31 December 2023

44,788

25,767

70,555

5.

STOCKS

31/12/24

31/12/23

£

£

Stock and WIP

1,030,031

1,241,470

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade debtors

75,553

48,647

Other debtors

3,140

2,629

78,693

51,276

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Bank loans and overdrafts

68,153

37,091

Hire purchase contracts

27,224

25,487

Trade creditors

346,763

646,009

Taxation and social security

118,540

15,724

Other creditors

302,237

549,944

862,917

1,274,255

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/24

31/12/23

£

£

Bank loans

210,273

41,915

Hire purchase contracts

33,070

32,274

243,343

74,189

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31/12/24

31/12/23

£

£

Mr D C Burrow

Balance outstanding at start of year

-

13,152

Amounts advanced

-

37,197

Amounts repaid

-

(50,349

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

10.	RELATED PARTY DISCLOSURES

During the year, the directors held loan accounts with the company. At the year end date, the amount owing to/(from) J R Armstrong was £18,853 (2023 - £85,840) and D Burrow was £Nil (2023 - £nil.)

The loan accounts are unsecured, interest free and repayable on demand.