STARWELD ENGINEERING LIMITED - Filleted accounts

Registered number

00419677

STARWELD ENGINEERING LIMITED

Filleted Accounts

31 March 2025

STARWELD ENGINEERING LIMITED
Registered number:		00419677
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		8,075			4,100

Current assets
Stocks		1,000			1,000
Debtors	4	156,342			150,318
Cash at bank and in hand		67,409			42,468
		224,751			193,786

Creditors: amounts falling due within one year	5	(261,910)			(232,880)

Net current liabilities			(37,159)			(39,094)

Net liabilities			(29,084)			(34,994)

Capital and reserves
Called up share capital			9,200			9,200
Profit and loss account			(38,284)			(44,194)

Shareholders' funds			(29,084)			(34,994)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




D W Briscoe
Director
Approved by the board on 15 December 2025

STARWELD ENGINEERING LIMITED
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

	Tangible fixed assets
	Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is calculated to write down the cost of fixed assets on a reducing balance basis over their expected useful their lives. The rates used are as follows:-

	Plant and machinery	15% reducing balance basis

	Stocks
	Stocks are valued at the lower of cost or net realisable value on the first in first out (FIFO) basis, after making due allowance for obsolete and slow moving items. Cost includes direct expenditure and an appropriate proportion of production overheads. Profits and foreseeable losses on goods manufactured to customers' specific orders are taken when they have been substantially completed. The balances so arrived at are included in turnover and debtors as amounts recoverable under contracts.

	Debtors and creditors
	Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

	Taxation
	Current tax represents the amount of tax payable or receivable in respect of the taxable profit or loss for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

	Leased assets
	Tangible fixed assets acquired under finance lease or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future finance charges, are included in creditors. Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

	Employee benefits
	When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		7		7


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2024				5,542
	Additions				5,400
	At 31 March 2025				10,942

	Depreciation
	At 1 April 2024				1,442
	Charge for the year				1,425
	At 31 March 2025				2,867

	Net book value
	At 31 March 2025				8,075
	At 31 March 2024				4,100


4	Debtors		2025		2024
£				£

	Trade debtors		156,342		145,574
	Other debtors		-		4,744
			156,342		150,318


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Trade creditors		47,945		102,175
	Amounts owed to group undertakings and undertakings in which the company has a participating interest		187,553		106,785
	Taxation and social security costs		19,297		16,332
	Other creditors		7,115		7,588
			261,910		232,880


6	Parent undertaking

	The company is a wholly owned subsidiary of Heaps, Arnold & Heaps Limited.


7	Other information

	STARWELD ENGINEERING LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	46 Harleston Street
	Sheffield
	South Yorkshire
	S4 7QB