REGISTERED NUMBER: 06472263 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ANDY SKILTON ENGINEERS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A M Skilton

Mrs S J Skilton

REGISTERED OFFICE:

Unit B1F

Fairoaks Airport

Chobham

Surrey

GU24 8HU

REGISTERED NUMBER:

06472263 (England and Wales)

ACCOUNTANTS:

L E Marshall & Co

Chartered Accountants

Unit B1F

Fairoaks Airport

Chobham

Surrey

GU24 8HU

FIXED ASSETS

Tangible assets

4

1,851,806

2,315,806

CURRENT ASSETS

Stocks

8,000

7,750

Debtors

5

744,705

926,459

Cash at bank and in hand

2,404,905

1,777,092

3,157,610

2,711,301

CREDITORS

Amounts falling due within one year

6

321,932

311,760

NET CURRENT ASSETS

2,835,678

2,399,541

TOTAL ASSETS LESS CURRENT LIABILITIES

4,687,484

4,715,347

PROVISIONS FOR LIABILITIES

455,352

566,788

NET ASSETS

4,232,132

4,148,559

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,232,032

4,148,459

SHAREHOLDERS' FUNDS

4,232,132

4,148,559

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.

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 17 December 2025 and were signed on its behalf by:

A M Skilton - Director

1.	STATUTORY INFORMATION

Andy Skilton Engineers Ltd 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 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

10% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 5 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

3,816,224

289,889

2,031

4,108,144

Additions

239,978

-

-

239,978

Disposals

(968,023

)

(69,464

)

(1,148

)

(1,038,635

)

At 31 March 2025

3,088,179

220,425

883

3,309,487

DEPRECIATION

At 1 April 2024

1,601,240

189,656

1,442

1,792,338

Charge for year

165,532

18,883

294

184,709

Eliminated on disposal

(473,456

)

(44,762

)

(1,148

)

(519,366

)

At 31 March 2025

1,293,316

163,777

588

1,457,681

NET BOOK VALUE

At 31 March 2025

1,794,863

56,648

295

1,851,806

At 31 March 2024

2,214,984

100,233

589

2,315,806

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

331,797

345,913

Amounts owed by associates

405,000

450,000

Other debtors

7,908

130,546

744,705

926,459

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

124,414

163,015

Taxation and social security

191,032

144,482

Other creditors

6,486

4,263

321,932

311,760