Registration number: 05858271

Applegarth Engineering Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Applegarth Engineering Limited

Company Information

Director

Mr P Thompson

Company secretary

Mrs L M Thompson

Registered office

3 Stadium Court Plantation Road Bromborough Wirral CH62 3QG

Accountants

GW Kelly & Co Chartered Certified Accountants3 Stadium Court Plantation Road Bromborough Wirral CH62 3QG

Applegarth Engineering Limited

(Registration number: 05858271)
Balance Sheet as at 28 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	10,045	12,556
Current assets
Debtors	5	66,214	28,405
Cash at bank and in hand		136,436	142,585
		202,650	170,990
Creditors: Amounts falling due within one year	6	(97,877)	(93,716)
Net current assets		104,773	77,274
Total assets less current liabilities		114,818	89,830
Creditors: Amounts falling due after more than one year	6	(14,438)	(18,408)
Net assets		100,380	71,422
Capital and reserves
Called up share capital	7	2	2
Retained earnings		100,378	71,420
Shareholders' funds		100,380	71,422

For the financial year ending 28 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 5 November 2025
 

......................................... Mr P Thompson Director

Applegarth Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
3 Stadium Court
Plantation Road
Bromborough
Wirral
CH62 3QG

These financial statements were authorised for issue by the director on 5 November 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Applegarth Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & Machinery	20% reducing balance
Motor Vehicles	20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Applegarth Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 March 2025

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.
 

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Applegarth Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 March 2025

4	Tangible assets

	Motor vehicles  £	Other tangible assets  £	Total £
Cost or valuation
At 29 March 2024	20,490	2,065	22,555
At 28 March 2025	20,490	2,065	22,555
Depreciation
At 29 March 2024	9,999	-	9,999
Charge for the year	2,098	413	2,511
At 28 March 2025	12,097	413	12,510
Carrying amount
At 28 March 2025	8,393	1,652	10,045
At 28 March 2024	10,491	2,065	12,556

5

Debtors

Current	2025 £	2024 £
Trade debtors	42,883	16,938
Other debtors	23,331	11,467
	66,214	28,405

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		3,152	3,152
Taxation and social security		18,507	16,806
Accruals and deferred income		1,375	1,375
Other creditors		74,843	72,383
		97,877	93,716

Creditors: amounts falling due after more than one year

Applegarth Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 March 2025

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		14,438	18,408

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2

8	Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	13,500	13,200