Company No: 06611321 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	196,095		236,533
		196,095		236,533
Current assets
Stocks		2,329		2,329
Debtors
- due within one year	4	223,636		477,007
- due after more than one year	4	280,000		280,000
Cash at bank and in hand		619,980		601,367
		1,125,945		1,360,703
Creditors: amounts falling due within one year	5	( 246,442)		( 389,551)
Net current assets		879,503		971,152
Total assets less current liabilities		1,075,598		1,207,685
Creditors: amounts falling due after more than one year	6	0		( 4,879)
Provision for liabilities	7	( 46,457)		( 56,449)
Accruals and deferred income		( 15,169)		( 27,753)
Net assets		1,013,972		1,118,604
Capital and reserves
Called-up share capital		100		100
Profit and loss account		1,013,872		1,118,504
Total shareholders' funds		1,013,972		1,118,604

For the financial year ending 31 July 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Dan's Engineering Limited (registered number: 06611321) were approved and authorised for issue by the Director on 12 December 2025. They were signed on its behalf by:

D Puddy Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Dan's Engineering Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 19 Small Industries Estate River Lane, Dunwear, Bridgwater, TA7 0AA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for the sale of metal structures and parts in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards of ownership of goods are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Goodwill

Goodwill arises on business combinations and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Goodwill has been fully amortised.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	20 % reducing balance
Vehicles	20 % reducing balance
Fixtures and fittings	20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in other operating income over the period in which the related costs are recognised, and timing differences are presented as other debtors or deferred income within the balance sheet. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	19		19

3. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 August 2024	296,640		115,730		47,605		459,975
Additions	7,175		0		144		7,319
Disposals	0		0		( 208)		( 208)
At 31 July 2025	303,815		115,730		47,541		467,086
Accumulated depreciation
At 01 August 2024	162,375		39,563		21,504		223,442
Charge for the financial year	27,111		15,233		5,205		47,549
At 31 July 2025	189,486		54,796		26,709		270,991
Net book value
At 31 July 2025	114,329		60,934		20,832		196,095
At 31 July 2024	134,265		76,167		26,101		236,533

4. Debtors

	2025		2024
	£		£
Debtors: amounts falling due within one year
Trade debtors	201,221		278,019
Amounts owed by Group undertakings	900		0
Amounts owed by connected persons	0		4,829
Amounts owed by connected companies	5,746		33,746
Amounts owed by director	0		5,358
Prepayments and accrued income	15,769		153,055
Other debtors	0		2,000
	223,636		477,007
Debtors: amounts falling due after more than one year
Amounts owed by connected companies	280,000		280,000

Amounts owed by Group undertakings and connected persons are repayable on demand and do not bear interest.

Amounts owed by connected companies are repayable and do not bear interest. The directors have agreed not to request payment for the non-current debtor in the next 12 months.

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	96,268		125,769
Amounts owed to connected persons	254		0
Amounts owed to director	96		0
Accruals and deferred income	31,114		43,119
Taxation and social security	84,285		196,086
Obligations under finance leases and hire purchase contracts (secured)	4,879		7,318
Other creditors	29,546		17,259
	246,442		389,551

Amounts owed to connected persons are repayable on demand and do not bear interest.

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts (secured)	0		4,879

The hire purchase contracts are secured on the assets concerned which are included within motor vehicles. The total net book value of the assets held on hire purchase is £21,082 (2024 - £31,877).

7. Provision for liabilities

	2025		2024
	£		£
Deferred tax	46,457		56,449

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	42,100		42,100
between one and five years	168,400		168,400
after five years	11,650		53,750
Total future minimum lease payments under non-cancellable operating leases	222,150		264,250

The total commitment shown above is in relation to non-cancellable operating leases on business premises.

9. Related party transactions

Transactions with the entity's director

Advances

The Director's loan account is repayable on demand and interest is charged on overdrawn balances exceeding £10,000 at the official HMRC rates.

At 1 August 2024, the balance owed by the director was £5,358. During the year, £13,881 was advanced to the director, and £19,239 was repaid by the director. At 31 July 2025, the balance owed by the director was £nil.

At 1 August 2023, the balance owed by the director was £720. During the year, £16,154 was advanced to the director, and £11,516 was repaid by the director. At 31 July 2024, the balance owed by the director was £5,358.

10. Ultimate controlling party

The company's immediate parent is Evermore Holdings Limited, incorporated in England and Wales. Its registered office address is 2 Blakes Barn Blakes Lane, Wembdon, Bridgwater, Somerset, United Kingdom, TA5 2BE.

These financial statements are available upon request from Companies House, Cardiff.