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Company Registration No. 11543023 (England and Wales)
Pos Engineering Norfolk Limited Unaudited accounts for the year ended 31 August 2025
Pos Engineering Norfolk Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Pos Engineering Norfolk Limited Company Information for the year ended 31 August 2025
Directors
Carl Martin Hicks Simon Lee Peake
Company Number
11543023 (England and Wales)
Registered Office
13 The Close Norwich NR1 4DS England
Accountants
JHW Azoth Ltd 13 The Close Norwich Norfolk NR1 4DS
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Pos Engineering Norfolk Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
106,324
87,965
Current assets
Debtors
5
335,772
183,006
Cash at bank and in hand
446,852
244,930
782,624
427,936
Creditors: amounts falling due within one year
6
(228,117)
(168,306)
Net current assets
554,507
259,630
Total assets less current liabilities
660,831
347,595
Creditors: amounts falling due after more than one year
7
(43,707)
(52,778)
Provisions for liabilities
Deferred tax
(26,581)
(21,991)
Net assets
590,543
272,826
Capital and reserves
Called up share capital
100
100
Profit and loss account
590,443
272,726
Shareholders' funds
590,543
272,826
For the year ending 31 August 2025 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 January 2026 and were signed on its behalf by
Carl Martin Hicks Director Company Registration No. 11543023
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Pos Engineering Norfolk Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Pos Engineering Norfolk Limited is a private company, limited by shares, registered in England and Wales, registration number 11543023. The registered office is 13 The Close, Norwich, NR1 4DS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Current and deferred tax assets and liabilities are not discounted
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. Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% Straight Line
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Pos Engineering Norfolk Limited Notes to the Accounts for the year ended 31 August 2025
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2024
105,344
65,573
1,833
16,237
188,987
Additions
1,675
41,298
275
1,174
44,422
At 31 August 2025
107,019
106,871
2,108
17,411
233,409
Depreciation
At 1 September 2024
65,262
20,885
424
14,451
101,022
Charge for the year
10,135
14,577
383
968
26,063
At 31 August 2025
75,397
35,462
807
15,419
127,085
Net book value
At 31 August 2025
31,622
71,409
1,301
1,992
106,324
At 31 August 2024
40,082
44,688
1,409
1,786
87,965
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
9,242
Trade debtors
76,537
36,918
Amounts due from group undertakings etc.
240,895
-
Accrued income and prepayments
11,042
-
Other debtors
7,298
136,846
335,772
183,006
- 6 -
Pos Engineering Norfolk Limited Notes to the Accounts for the year ended 31 August 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
33,333
33,333
VAT
15,488
-
Obligations under finance leases and hire purchase contracts
15,820
22,850
Trade creditors
56,718
79,235
Taxes and social security
59,136
7,799
Other creditors
15,114
23,484
Loans from directors
32,508
1,605
228,117
168,306
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
22,222
52,778
Obligations under finance leases and hire purchase contracts
21,485
-
43,707
52,778
8
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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