REGISTERED NUMBER: 02652403 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

INDUSTRIAL ENGINEERING SERVICES

(WREXHAM) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

J C Jarvis

SECRETARY:

Mrs A Jarvis

REGISTERED OFFICE:

7 Lower Brook Street

Oswestry

Shropshire

SY11 2HG

REGISTERED NUMBER:

02652403 (England and Wales)

ACCOUNTANTS:

D.R.E. & Co. Limited

Chartered Accountants

7 Lower Brook Street

Oswestry

Shropshire

SY11 2HG

FIXED ASSETS

Tangible assets

5

96,232

112,600

CURRENT ASSETS

Stocks

10,535

10,535

Debtors

6

98,709

101,702

109,244

112,237

CREDITORS

Amounts falling due within one year

7

127,980

101,500

NET CURRENT (LIABILITIES)/ASSETS

(18,736

)

10,737

TOTAL ASSETS LESS CURRENT LIABILITIES

77,496

123,337

CREDITORS

Amounts falling due after more than one year

8

(22,620

)

(20,975

)

PROVISIONS FOR LIABILITIES

(14,748

)

(17,911

)

NET ASSETS

40,128

84,451

CAPITAL AND RESERVES

Called up share capital

450

450

Retained earnings

39,678

84,001

SHAREHOLDERS' FUNDS

40,128

84,451

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 17 September 2025 and were signed by:

J C Jarvis - Director

1.	STATUTORY INFORMATION

Industrial Engineering Services (Wrexham) 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Going Concern

The financial statements have been prepared on a going concern basis as the directors are of the opinion that the Company will be able to pay its liabilities as and when they fall due.

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.

Short leasehold

-

2% on cost

Plant and machinery

-

17.5% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making

due allowance for obselete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Financial instruments

Basic financial instruments are recognised at amortised cost.

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.

Pension costs and other post-retirement benefits

The company contributes to the directors personal pension funds. Contributions payable for the year are charged in the profit and loss account.

Deferred government grant

The deferred government grant shown in the balance sheet is being written off to the profit & loss account at the same rate as the depreciation charge on the asset purchased.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

41,687

400,001

441,688

Additions

-

1,271

1,271

Disposals

-

(11,511

)

(11,511

)

At 31 March 2025

41,687

389,761

431,448

DEPRECIATION

At 1 April 2024

9,735

319,353

329,088

Charge for year

833

14,275

15,108

Eliminated on disposal

-

(8,980

)

(8,980

)

At 31 March 2025

10,568

324,648

335,216

NET BOOK VALUE

At 31 March 2025

31,119

65,113

96,232

At 31 March 2024

31,952

80,648

112,600

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

84,088

101,343

Due from related undertaking

13,979

-

Prepayments and accrued income

642

359

98,709

101,702

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

39,950

16,190

Hire purchase contracts

5,877

13,293

Trade creditors

36,932

37,341

Tax

3,725

8,431

Social security and other taxes

22,704

18,398

Other creditors

5,291

3,515

Directors' current accounts

10,493

881

Accrued expenses

2,835

3,240

Deferred government grants

173

211

127,980

101,500

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans 1- 5 years

9,000

20,000

Hire purchase contracts

12,818

-

Deferred government grants

802

975

22,620

20,975

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank overdrafts

27,950

6,190

Hire purchase contracts

18,695

13,293

46,645

19,483

The bank overdraft facility is secured by way of a debenture on the assets of the company.

Hire purchase contracts are secured on the assets to which they relate.

10.	OTHER FINANCIAL COMMITMENTS

The company had outstanding commitments in respect of operating leases at 31 March 2025 of £0 (2024: £44,400).

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £22,200 (2024 - £18,000) were paid to the director.

12.	GOVERNMENT GRANTS

The results for the year includes £211 (2024: £257) which relates to income recognised in the profit and loss account, from government grants.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Industrial Engineering Services (Wrexham) Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Industrial Engineering Services (Wrexham) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Industrial Engineering Services (Wrexham) Limited and state those matters that we have agreed to state to the director of Industrial Engineering Services (Wrexham) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Industrial Engineering Services (Wrexham) Limited and its director for our work or for this report.

It is your duty to ensure that Industrial Engineering Services (Wrexham) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Industrial Engineering Services (Wrexham) Limited. You consider that Industrial Engineering Services (Wrexham) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Industrial Engineering Services (Wrexham) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

D.R.E. & Co. Limited

Chartered Accountants

7 Lower Brook Street

Oswestry

Shropshire

SY11 2HG

17 September 2025