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REGISTERED NUMBER: 01973749 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

A C HARDING LIMITED

A C HARDING LIMITED (REGISTERED NUMBER: 01973749)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

A C HARDING LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | M M Jaggers

| G D Bowman

| SECRETARY: | M M Jaggers

| REGISTERED OFFICE: | Vermont Crescent

| Ipswich

| Suffolk

| IP4 2ST

| REGISTERED NUMBER: | 01973749 (England and Wales)

| ACCOUNTANTS: | Walter Wright

| Chartered Accountants

| 89 High Street

| Hadleigh

| Ipswich

| Suffolk

| IP7 5EA

| BANKERS: | Barclays Bank Plc

| 1 Princes Street

| Ipswich

| Suffolk

| IP1 1PH

A C HARDING LIMITED (REGISTERED NUMBER: 01973749)

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 19,471 |  | 16,157 |  |

CURRENT ASSETS

Stocks | 30,849 |  | 5,054 |  |

Debtors | 5 | 126,899 |  | 200,820 |  |

Cash at bank and in hand | 177,478 |  | 281,399 |  |

335,226 |  | 487,273 |  |

CREDITORS

Amounts falling due within one year | 6 | 102,015 |  | 183,783 |  |

NET CURRENT ASSETS | 233,211 |  | 303,490 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 252,682 |  | 319,647 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (2,500 | ) | (12,500 | ) |

PROVISIONS FOR LIABILITIES | (2,881 | ) | (4,039 | ) |

NET ASSETS | 247,301 |  | 303,108 |  |

CAPITAL AND RESERVES

Called up share capital | 10 |  | 10 |  |

Capital redemption reserve | 990 |  | 990 |  |

Retained earnings | 246,301 |  | 302,108 |  |

SHAREHOLDERS' FUNDS | 247,301 |  | 303,108 |  |

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.

A C HARDING LIMITED (REGISTERED NUMBER: 01973749)

BALANCE SHEET - continued

31 MARCH 2025

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 9 December 2025 and were signed on its behalf by:

M M Jaggers - Director

A C HARDING LIMITED (REGISTERED NUMBER: 01973749)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| A C Harding 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.

| 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 the sales of goods and services, is recognised on dispatch of the goods or provision of the service and excludes 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.

| Plant and machinery etc | - | 33% on reducing balance, 25% on reducing balance and 15% 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 obsolete and slow moving items.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| 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.

A C HARDING LIMITED (REGISTERED NUMBER: 01973749)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| 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 pension scheme providing benefits based on final pensionable pay. Further details are shown in the Defined Benefit Pension Scheme note. This scheme was paid up on 31 May 2005 and replaced by a defined contribution scheme.

| The assets of both the defined contribution scheme and the defined benefit scheme are held separately from those of the company in independently administered funds.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 10 (2024 - 12 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 April 2024 | 81,660 |  |

| Additions | 7,443 |  |

| At 31 March 2025 | 89,103 |  |

| DEPRECIATION

| At 1 April 2024 | 65,503 |  |

| Charge for year | 4,129 |  |

| At 31 March 2025 | 69,632 |  |

| NET BOOK VALUE

| At 31 March 2025 | 19,471 |  |

| At 31 March 2024 | 16,157 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 89,487 |  | 178,077 |  |

| Other debtors | 37,412 |  | 22,743 |  |

126,899 |  | 200,820 |  |

A C HARDING LIMITED (REGISTERED NUMBER: 01973749)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 10,000 |  | 10,000 |  |

| Trade creditors | 24,011 |  | 24,635 |  |

| Taxation and social security | 12,537 |  | 52,905 |  |

| Other creditors | 55,467 |  | 96,243 |  |

102,015 |  | 183,783 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 2,500 |  | 12,500 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 2,120 |  | 12,720 |  |

| Between one and five years | - |  | 2,120 |  |

2,120 |  | 14,840 |  |

9. | DEFINED BENEFIT PENSION SCHEME

| The assets of the scheme are held separately from those of the company, being invested with insurance companies. Contributions to the scheme are charged to the profit and loss account so as to spread the cost of pensions over employees' working lives with the company. The scheme was paid up on 31 May 2005.

| At the date of the last completed valuation of the Fund (1 August 2023) the market value of the Fund's assets amounted to £1,426,786. The valuation was carried out by an independent qualified actuary on the projected unit method of valuation using the following main assumptions:

|  | % per annum |  |  |

| Rate of investment return (prior to retirement) |  | 4.4 |  |

| Rate of investment return (post retirement) |  | 4.4 |  |

| Rate of price inflation |  | 3.7 |  |

| Rate of pension increases: for accrued rights |  | 1.85% to 2.75% |  |

| As at the valuation date these assets were sufficient, on the assumptions adopted, to meet 86% of the cost of the Fund's accrued liabilities.The shortfall on the scheme was estimated to be in the region of £209,000. Additional contributions of £1,651 per month are being made to meet the shortfall.

| No contributions were payable by the employees from 1 June 2005 onwards.

| The total employer payments to the scheme during the period were £28,562 (2024 £29,110).

A C HARDING LIMITED (REGISTERED NUMBER: 01973749)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

10. | DEFINED CONTRIBUTION PENSION SCHEME

| The company operates a defined contribution scheme from 1st June 2005, which replaced the defined benefit scheme which was paid up on 31 May 2005.

| The assets of the scheme are held separately from those of the company. Contributions to the scheme are charged to the profit and loss account as they are incurred.

| The total employer payments to the scheme during the period were £14,055 (2024 £14,676).