REGISTERED NUMBER: 11246550 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SES ENGINEERING (NEWARK) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M S Shelbourn

P A Roberts

Mrs J J Shelbourn

Mrs A C Roberts

REGISTERED OFFICE:

Roewood Farm

Winkburn

Newark

Nottinghamshire

NG22 8PG

REGISTERED NUMBER:

11246550 (England and Wales)

ACCOUNTANTS:

Beeley Hawley & Co Ltd

Chartered Accountants & Business Advisers

52A Westgate

Southwell

Nottinghamshire

NG25 0JX

FIXED ASSETS

Tangible assets

4

1,169,546

1,039,496

CURRENT ASSETS

Stocks

40,000

30,000

Debtors

5

1,690,847

919,992

Cash at bank

1,512,101

1,495,074

3,242,948

2,445,066

CREDITORS

Amounts falling due within one year

6

915,159

577,029

NET CURRENT ASSETS

2,327,789

1,868,037

TOTAL ASSETS LESS CURRENT LIABILITIES

3,497,335

2,907,533

PROVISIONS FOR LIABILITIES

251,960

246,363

NET ASSETS

3,245,375

2,661,170

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7

3,245,275

2,661,070

SHAREHOLDERS' FUNDS

3,245,375

2,661,170

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2025 and were signed on its behalf by:

Mrs J J Shelbourn - Director

P A Roberts - Director

1.	STATUTORY INFORMATION

SES Engineering (Newark) 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.

Plant and machinery etc

-

20% 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.

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 34 (2024 - 29 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

1,733,293

Additions

418,622

Disposals

(27,395

)

At 31 March 2025

2,124,520

DEPRECIATION

At 1 April 2024

693,797

Charge for year

272,519

Eliminated on disposal

(11,342

)

At 31 March 2025

954,974

NET BOOK VALUE

At 31 March 2025

1,169,546

At 31 March 2024

1,039,496

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,404,884

901,766

Other debtors

27,495

12,200

Directors' current accounts

250,694

-

Prepayments and accrued income

7,774

6,026

1,690,847

919,992

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

253,356

11,718

Tax

443,002

325,793

Social security and other taxes

40,585

33,565

VAT

158,658

122,585

Other creditors

7,434

8,550

Directors' current accounts

-

53,022

Accrued expenses

12,124

21,796

915,159

577,029

7.

RESERVES

Retained

earnings

£

At 1 April 2024

2,661,070

Profit for the year

1,293,205

Dividends

(709,000

)

At 31 March 2025

3,245,275

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

P A Roberts and Mrs A C Roberts

Balance outstanding at start of year

(825

)

(869

)

Amounts advanced

125,125

150,644

Amounts repaid

-

(150,600

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

124,300

(825

)

M S Shelbourn and Mrs J J Shelbourn

Balance outstanding at start of year

(52,195

)

(5,284

)

Amounts advanced

178,850

103,689

Amounts repaid

(259

)

(150,600

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

126,396

(52,195

)

The loan accounts are interest free and repayable under no specific terms.