Registration number: 01803043

Kendrick Engineering Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Kendrick Engineering Limited

(Registration number: 01803043)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	9,778	12,110
Current assets
Stocks	5	23,659	27,132
Debtors	6	17,170	13,100
Cash at bank and in hand		3,265	17
		44,094	40,249
Creditors: Amounts falling due within one year	7	(32,119)	(28,372)
Net current assets		11,975	11,877
Net assets		21,753	23,987
Capital and reserves
Called up share capital		100	100
Retained earnings		21,653	23,887
Shareholders' funds		21,753	23,987

For the financial year ending 31 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 M E Kendrick Director

Kendrick Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

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

The address of its registered office is:
Unit 1 Talargoch Trading Estate
Meliden Road
Dyserth
Rhyl
Denbighshire
LL18 6DJ
Wales

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.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

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.

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.

Kendrick Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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
Motor vehicles	20% reducing balance
Plant and machinery	15% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 4 (2024 - 4).

Kendrick Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2024	46,982	83,681	130,663
At 31 March 2025	46,982	83,681	130,663
Depreciation
At 1 April 2024	36,660	81,893	118,553
Charge for the year	2,064	268	2,332
At 31 March 2025	38,724	82,161	120,885
Carrying amount
At 31 March 2025	8,258	1,520	9,778
At 31 March 2024	10,322	1,788	12,110

5

Stocks

	2025 £	2024 £
Other inventories	23,659	27,132

Kendrick Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Debtors

Current	2025 £	2024 £
Trade debtors	16,004	11,920
Other debtors	1,166	1,180
	17,170	13,100

7

Creditors

Creditors: amounts falling due within one year

		2025 £	2024 £
Due within one year
Loans and borrowings		-	3,766
Trade creditors		21,754	20,271
Taxation and social security		3,374	1,920
Accruals and deferred income		1,751	1,652
Other creditors		5,240	763
		32,119	28,372