REGISTERED NUMBER: 11455160 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Jimmy Greeves Engineering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

9

DIRECTOR:

E J M Greeves

REGISTERED OFFICE:

11 Stonewalls

Rossett

Wrexham

LL12 0LG

REGISTERED NUMBER:

11455160 (England and Wales)

FIXED ASSETS

Tangible assets

4

82,639

88,861

CURRENT ASSETS

Debtors

5

37,665

21,730

Cash at bank

19,786

20,745

57,451

42,475

CREDITORS

Amounts falling due within one year

6

50,848

46,990

NET CURRENT ASSETS/(LIABILITIES)

6,603

(4,515

)

TOTAL ASSETS LESS CURRENT LIABILITIES

89,242

84,346

CREDITORS

Amounts falling due after more than one year

7

(25,598

)

(19,121

)

PROVISIONS FOR LIABILITIES

(12,303

)

(11,837

)

NET ASSETS

51,341

53,388

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

51,241

53,288

SHAREHOLDERS' FUNDS

51,341

53,388

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 director acknowledges his 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 director and authorised for issue on 15 December 2025 and were signed by:

E J M Greeves - Director

1.	STATUTORY INFORMATION

Jimmy Greeves Engineering 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.

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 from surveying services is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from surveying contracts in progress at the year end is recognised based upon the stage of completion, where the stage of completion, costs incurred and costs to complete can be estimated reliably.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

50% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

50% on reducing balance

Tangible fixed assets are initially measured at cost. After initial recognition, tangible fixed assets are measured at cost less any accumulated depreciation and any accumulated impairment losses.

Financial instruments

The company has elected to apply the provisions of Sections 11 and 12 of FRS 102 in respect of financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

45,803

625

80,785

4,731

131,944

Additions

15,262

-

-

1,042

16,304

At 31 March 2025

61,065

625

80,785

5,773

148,248

DEPRECIATION

At 1 April 2024

9,365

611

29,150

3,957

43,083

Charge for year

7,288

7

14,493

738

22,526

At 31 March 2025

16,653

618

43,643

4,695

65,609

NET BOOK VALUE

At 31 March 2025

44,412

7

37,142

1,078

82,639

At 31 March 2024

36,438

14

51,635

774

88,861

Fixed assets, included in the above, which are held under finance leases are as follows:

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

33,334

DEPRECIATION

At 1 April 2024

12,500

Charge for year

8,334

At 31 March 2025

20,834

NET BOOK VALUE

At 31 March 2025

12,500

At 31 March 2024

20,834

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

23,862

8,652

Amounts recoverable on contract

4,572

5,335

Other debtors

9,231

7,743

37,665

21,730

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

3,520

3,433

Finance leases

1,502

1,400

Taxation and social security

21,569

20,153

Other creditors

24,257

22,004

50,848

46,990

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

13,594

5,615

Finance leases

12,004

13,506

25,598

19,121

8.	SECURED DEBTS

The finance lease creditor balance of £1,502 (2024 £1,400) disclosed within creditors due within one year and the finance lease creditor balance of £12,004 (2024 £13,506) within creditors due after more than one year, are secured upon the asset for which the finance was provided.

Within bank loans due after more than one year is a bank loan of £11,500 which is secured by a personal guarantee provided by the director.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

70

Ordinary

£1

70

70

10

Ordinary A

£1

10

10

10

Ordinary B

£1

10

10

10

Ordinary C

£1

10

10

100

100

10.	RELATED PARTY DISCLOSURES

The Director E J M Greeves has advanced funds to the company on an interest free and repayable on demand basis, the amount due to the director as at the 31 March 2025 was £107 (2024 £3,404).

Various family members of the director have advanced funds to the company on an interest free and repayable on demand basis, the amount due to the family members as at the 31 March 2025 was £12,000 (2024 £18,000).

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Jimmy Greeves Engineering Limited for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Jimmy Greeves Engineering Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Jimmy Greeves Engineering Limited and state those matters that we have agreed to state to the director of Jimmy Greeves Engineering Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jimmy Greeves Engineering Limited and its director for our work or for this report.

It is your duty to ensure that Jimmy Greeves Engineering Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Jimmy Greeves Engineering Limited. You consider that Jimmy Greeves Engineering Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Jimmy Greeves Engineering Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Colin Fowler Limited

The Woodlands

Mold Road

Cefn y Bedd

Wrexham

LL12 9YG

15 December 2025