THURROCK ENGINEERING SUPPLIES LIMITED

Company Registration Number:
09259452 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

THURROCK ENGINEERING SUPPLIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

THURROCK ENGINEERING SUPPLIES LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 379,002 349,986
Total fixed assets: 379,002 349,986
Current assets
Stocks: 162,105 160,207
Debtors: 4 2,066,181 1,672,219
Cash at bank and in hand: 202,097 272,961
Total current assets: 2,430,383 2,105,387
Creditors: amounts falling due within one year:   (1,389,519) (1,443,131)
Net current assets (liabilities): 1,040,864 662,256
Total assets less current liabilities: 1,419,866 1,012,242
Creditors: amounts falling due after more than one year:   (632,170) (292,521)
Provision for liabilities: (37,194) (19,253)
Total net assets (liabilities): 750,502 700,468
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 749,502 699,468
Shareholders funds: 750,502 700,468

The notes form part of these financial statements

THURROCK ENGINEERING SUPPLIES LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 November 2025
and signed on behalf of the board by:

Name: Luke Joseph Keenan
Status: Director

The notes form part of these financial statements

THURROCK ENGINEERING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover Turnover consists of the invoiced value (excluding V.A.T.) receivable by the company in the ordinary course of business for goods supplied and for services supplied as a principal.

Tangible fixed assets and depreciation policy

Tangible fixed assets Depreciation is calculated to write off the cost, less estimated residual values, of tangible fixed assets over their estimated useful lives to the business. Where there is evidence of impairment, fixed assets are written down to receivable amount. Any such write down would be charged to operating profit. Plant & Machinery 15% Reducing Balance Motor Vehicles 15% Reducing Balance

Other accounting policies

Stock, work in progress and long term contracts Stock and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost is determined on a first-in, first-out basis. Cost consists of direct materials, labour and attributable overheads. Net realisable value is based on estimated selling pace less any further costs of realisation. Deferred taxation 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 accounts. 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 average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Pension costs Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end. Dividend distribution Dividend distribution to the company's shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

THURROCK ENGINEERING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 14 13

THURROCK ENGINEERING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 630,416
Additions 150,045
At 31 December 2024 780,461
Depreciation
At 01 January 2024 280,430
Charge for year 121,029
At 31 December 2024 401,459
Net book value
At 31 December 2024 379,002
At 31 December 2023 349,986

The net book value of assets held under hire purchase and finance lease agreements totalled £325,290 (2023 £286,971) . During the year, depreciation of £108,430 (2023 £95,657) was charged on assets held under hire purchase and finance lease agreements.

THURROCK ENGINEERING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 721,000 721,000

Debtors includes the sum of £721,000 which is a loan to it's parent company.