ACCOUNTS - Final Accounts preparation

Company registration number: 05402689

CAPITAL ENGINEERING GROUP HOLDINGS LTD

Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 31 March 2025

Coveney Nicholls Limited

Chartered Accountants

The Old Wheel House

31/37 Church Street

Reigate

Surrey

RH2 0AD


CAPITAL ENGINEERING GROUP HOLDINGS LTD Registered number:05402689

Statement of Financial Position

As at 31 March 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	6	668,229		1,011,046
Cash at bank and in hand	7	18,954		12,290
		687,183		1,023,336
Creditors: amounts falling due within one year	8	(677,166)		(665,108)
Net current assets			10,017		358,228
Total assets less current liabilities			10,017		358,228

Net assets			10,017		358,228

Capital and reserves
Called up share capital	1,000	1,000
Other reserves	56,720	56,720
Profit and loss account	(47,703)	300,508
	10,017	358,228

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 December 2025.

Alexander Lawrence Galway

Director

Page 1


CAPITAL ENGINEERING GROUP HOLDINGS LTD Registered number:05402689

Statement of Financial Position (continued)

As at 31 March 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2


CAPITAL ENGINEERING GROUP HOLDINGS LTD

Notes to the Financial Statements

For the Year Ended 31 March 2025

1.	General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Old Wheel House, 31/37 Church Street, Reigate, Surrey, RH2 OAD, UK.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3


CAPITAL ENGINEERING GROUP HOLDINGS LTD

Notes to the Financial Statements

For the Year Ended 31 March 2025

2.Accounting policies (continued)

2.4

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment

33%

straight-line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Profit and Loss Account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4


CAPITAL ENGINEERING GROUP HOLDINGS LTD

Notes to the Financial Statements

For the Year Ended 31 March 2025

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

4.	Tangible fixed assets

		Office equipment
		£
	Cost or valuation
	At 1 April 2024	1,570
	At 31 March 2025	1,570
	Depreciation
	At 1 April 2024	1,570
	At 31 March 2025	1,570
	Net book value
	At 31 March 2025	-
	At 31 March 2024	-

Page 5


CAPITAL ENGINEERING GROUP HOLDINGS LTD

Notes to the Financial Statements

For the Year Ended 31 March 2025

5.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 April 2024	264,959
	At 31 March 2025	264,959
	Impairment
	At 1 April 2024	264,959
	At 31 March 2025	264,959
	Net book value
	At 31 March 2025	-
	At 31 March 2024	-

Debtors

					2025	2024
					£	£


Trade debtors	3,264	-
Amounts owed by group undertakings	473,952	820,033
Other debtors	191,013	191,013
	668,229	1,011,046

7.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	18,954	12,290
	18,954	12,290

Page 6


CAPITAL ENGINEERING GROUP HOLDINGS LTD

Notes to the Financial Statements

For the Year Ended 31 March 2025

8.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Amounts owed to group undertakings	675,166	663,267
Accruals and deferred income	2,000	1,841
	677,166	665,108

Related party transactions

The immediate and ultimate parent company is Capital Engineering Group Holdings (2013) Limited. This company was under the control of Mr A Galway who assumed control from 11 December 2023.

Capital Engineering Group Holdings Limited has a 74% shareholding in Technical Support Services International (PTY) Limited ("TSSI SA"). No transactions have taken place with TSSI SA during the current year. The sums owed are no longer considered recoverable so the balance has been provided for in full. At the year end, a balance after provision for recoverability of £nil (2024- £345,966) was due from TSSI SA.
At 31 March 2025 a balance of £378,237 (2024 - £378,237) was owed to CEGH Limited from Galson Properties and interest of £10,414 (2024 - £7,585) was charged on that loan in the year.
Working capital advances were made to the company by Lindenhall Investments Limited a company under common control. As at 31 March 2025 the amount due was £642,129 (2024 - £642,129). An additional balance of £95,715 (2024 - £95,715) is owed to CEGH Limited from Lindenhall Investments Limited.
Short term cash advances were made to Hands on Skills Training Limited, a company under common control. Other trading transactions occur with HOST Limited and at year ended 31 March 2025 Hands on Skills Training was owed by HOST Limited a balance of £11,898 (2024 - £115).
No other transactions with related parties were undertaken such as are required to be disclosed under FRS102 section 1A.

10.	Controlling party

The immediate and ultimate parent company is Capital Engineering Group Holdings (2013) Limited, a company incorporated in England and Wales under registration number 08584840. The group accounts of Capital Engineering Group Holdings (2013) Limited is the smallest and largest group in which the results of the company are consolidated. Copies of the group accounts are available from Companies House, Cardiff.
Capital Engineering Group Holdings (2013) Limited is controlled by Mr A L Galway.

Page 7