REGISTERED NUMBER: 05702206 (England and Wales)

ILLINGWORTH MECHANICAL LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P E Illingworth

Mrs. S L Illingworth

J Illingworth

S J Illingworth

SECRETARY:

Mrs. S L Illingworth

REGISTERED OFFICE:

Blacksmiths Cottage

Horsleygate Lane

Holmesfield

Derbyshire

S18 7WD

REGISTERED NUMBER:

05702206 (England and Wales)

ACCOUNTANTS:

Duncan Chartered Accountants

5 Cherrytree

Union Road

Sheffield

South Yorkshire

S11 9EF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

72,228

36,666

72,228

36,666

CURRENT ASSETS

Debtors

6

323,148

129,776

Cash at bank

117,552

99,825

440,700

229,601

CREDITORS

Amounts falling due within one year

7

306,667

218,472

NET CURRENT ASSETS

134,033

11,129

TOTAL ASSETS LESS CURRENT LIABILITIES

206,261

47,795

CREDITORS

Amounts falling due after more than one year

8

(2,556

)

(14,777

)

PROVISIONS FOR LIABILITIES

(18,000

)

(9,200

)

NET ASSETS

185,705

23,818

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

185,605

23,718

SHAREHOLDERS' FUNDS

185,705

23,818

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 18 December 2025 and were signed on its behalf by:

Mrs. S L Illingworth - Director

1.	STATUTORY INFORMATION

Illingworth Mechanical 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off 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

-

15% on cost

Motor vehicles

-

25% on cost

Taxation

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

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 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

97,849

AMORTISATION

At 1 April 2024

and 31 March 2025

97,849

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

30,471

104,308

7,163

141,942

Additions

9,617

54,919

931

65,467

Disposals

-

(19,285

)

-

(19,285

)

At 31 March 2025

40,088

139,942

8,094

188,124

DEPRECIATION

At 1 April 2024

24,016

74,344

6,916

105,276

Charge for year

4,245

25,312

348

29,905

Eliminated on disposal

-

(19,285

)

-

(19,285

)

At 31 March 2025

28,261

80,371

7,264

115,896

NET BOOK VALUE

At 31 March 2025

11,827

59,571

830

72,228

At 31 March 2024

6,455

29,964

247

36,666

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

30,362

DEPRECIATION

At 1 April 2024

13,284

Charge for year

7,591

At 31 March 2025

20,875

NET BOOK VALUE

At 31 March 2025

9,487

At 31 March 2024

17,078

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

321,379

129,776

Other debtors

1,769

-

323,148

129,776

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

6,000

6,000

Hire purchase contracts

6,221

6,221

Trade creditors

112,757

42,567

Taxation and social security

104,728

124,296

VAT

45,324

18,139

Other creditors

6,403

5,427

Credit Card Account

8,232

5,971

Pension scheme

2,222

3,449

Directors' current accounts

6,780

2,902

Accrued expenses

8,000

3,500

306,667

218,472

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 2-5 years

1,000

7,000

Hire purchase contracts

1,556

7,777

2,556

14,777

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

90

Ordinary

1

90

90

5

Ordinary A

£1

5

5

5

Ordinary B

£1

5

5

100

100