Company Registration No. 07045002 (England and Wales)
Rexmar Engineering Limited
Unaudited accounts
for the year ended 31 March 2025
Rexmar Engineering Limited
Unaudited accounts
Contents
Rexmar Engineering Limited
Company Information
for the year ended 31 March 2025
Company Number
07045002 (England and Wales)
Registered Office
1 Mead Cottage
Cricket Green Hartley Wintney
Hook
Hampshire
RG27 8PZ
England
Accountants
James Norman Business Advisory Limited
7 High Street
Windsor
SL4 1LD
Rexmar Engineering Limited
Statement of financial position
as at 31 March 2025
Tangible assets
26,355
20,672
Inventories
143,777
136,200
Cash at bank and in hand
16,101
119,621
Creditors: amounts falling due within one year
(183,463)
(291,494)
Net current assets
71,466
9,616
Total assets less current liabilities
97,821
30,288
Creditors: amounts falling due after more than one year
(1,667)
(11,667)
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
89,564
18,619
Shareholders' funds
89,566
18,621
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 December 2025 and were signed on its behalf by
Martin Prosser
Director
Company Registration No. 07045002
Rexmar Engineering Limited
Notes to the Accounts
for the year ended 31 March 2025
Rexmar Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 07045002. The registered office is 1 Mead Cottage, Cricket Green Hartley Wintney, Hook, Hampshire, RG27 8PZ, England.
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% Straight Line
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Straight Line
Fixtures & fittings
33% Reducing Balance
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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 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.
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charge to the profit & loss account in the period to which they relate.
Rexmar Engineering Limited
Notes to the Accounts
for the year ended 31 March 2025
Expenditure on research and development is written off in the year in which it is incurred.
3
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
7,417
85,967
8,365
1,206
102,955
Additions
-
3,740
7,800
-
11,540
At 31 March 2025
7,417
89,707
16,165
1,206
114,495
At 1 April 2024
7,416
65,718
8,365
784
82,283
Charge for the year
-
4,548
1,170
139
5,857
At 31 March 2025
7,416
70,266
9,535
923
88,140
At 31 March 2025
1
19,441
6,630
283
26,355
At 31 March 2024
1
20,249
-
422
20,672
Amounts falling due within one year
Trade debtors
60,815
19,948
Accrued income and prepayments
11,749
12,583
Other debtors
22,487
12,758
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Trade creditors
67,293
115,740
Taxes and social security
5,294
5,377
Other creditors
22,767
39,210
Loans from directors
63,355
84,829
6
Creditors: amounts falling due after more than one year
2025
2024
Rexmar Engineering Limited
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 7 (2024: 6).