REGISTERED NUMBER: 05185461 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Ascenda Engineering Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

I F Thomson

Mrs E L Thomson

SECRETARY:

Mrs E L Thomson

REGISTERED OFFICE:

Crane Court

302 London Road

Ipswich

Suffolk

IP2 0AJ

REGISTERED NUMBER:

05185461 (England and Wales)

ACCOUNTANTS:

Knights Lowe Ltd

Chartered Accountants

Crane Court

302 London Road

Ipswich

Suffolk

IP2 0AJ

BANKERS:

NatWest

2 Tavern Street

Ipswich

Suffolk

IP1 3BD

FIXED ASSETS

Tangible assets

4

99,474

57,926

CURRENT ASSETS

Stocks

6,580

6,390

Debtors

5

82,484

34,118

Cash at bank

63,180

153,395

152,244

193,903

CREDITORS

Amounts falling due within one year

6

108,168

67,709

NET CURRENT ASSETS

44,076

126,194

TOTAL ASSETS LESS CURRENT LIABILITIES

143,550

184,120

PROVISIONS FOR LIABILITIES

18,900

11,006

NET ASSETS

124,650

173,114

CAPITAL AND RESERVES

Called up share capital

7

1,010

1,010

Retained earnings

123,640

172,104

SHAREHOLDERS' FUNDS

124,650

173,114

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2025 and were signed on its behalf by:

I F Thomson - Director

1.	STATUTORY INFORMATION

Ascenda 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.

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 represents invoiced sales of goods and associated installation, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

20% on cost

Plant & equipment

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans with related parties.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.

Hire purchase and leasing commitments

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.

Government grants

Grants are accounted for using the accrual model.

Grants relating to revenue are recognised in the Statement of Income and Retained Earnings in the same period as the related costs for which the grant is intended to compensate. Where there are no related costs the grant is recognised in the period in which it becomes receivable.

Grants relating to assets are recognised in the Statement of Income and Retained Earnings over the expected useful life of the asset.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant &

and

property

equipment

fittings

£

£

£

COST

At 1 April 2024

11,092

339,110

2,915

Additions

-

103,528

-

At 31 March 2025

11,092

442,638

2,915

DEPRECIATION

At 1 April 2024

4,437

299,090

2,552

Charge for year

2,218

56,677

363

At 31 March 2025

6,655

355,767

2,915

NET BOOK VALUE

At 31 March 2025

4,437

86,871

-

At 31 March 2024

6,655

40,020

363

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

51,506

23,079

427,702

Additions

-

-

103,528

At 31 March 2025

51,506

23,079

531,230

DEPRECIATION

At 1 April 2024

40,618

23,079

369,776

Charge for year

2,722

-

61,980

At 31 March 2025

43,340

23,079

431,756

NET BOOK VALUE

At 31 March 2025

8,166

-

99,474

At 31 March 2024

10,888

-

57,926

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

66,910

20,888

Other debtors

15,574

13,230

82,484

34,118

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

23,756

15,138

Taxation and social security

12,819

16,208

Other creditors

71,593

36,363

108,168

67,709

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

10

Ordinary B

£1

10

10

1,010

1,010