REGISTERED NUMBER: 08832973 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Windtex Engineering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B Hickman

P P Turner

REGISTERED OFFICE:

13a Duke Street

Southport

Merseyside

PR8 1LS

REGISTERED NUMBER:

08832973 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Ltd

13a Duke Street

Southport

Merseyside

PR8 1LS

FIXED ASSETS

Tangible assets

4

21,385

12,288

CURRENT ASSETS

Debtors

5

799,648

1,126,015

Cash at bank

167,971

159,050

967,619

1,285,065

CREDITORS

Amounts falling due within one year

6

(149,546

)

(570,838

)

NET CURRENT ASSETS

818,073

714,227

TOTAL ASSETS LESS CURRENT LIABILITIES

839,458

726,515

CREDITORS

Amounts falling due after more than one year

7

(5,626

)

(16,156

)

NET ASSETS

833,832

710,359

CAPITAL AND RESERVES

Called up share capital

8

4

4

Retained earnings

833,828

710,355

SHAREHOLDERS' FUNDS

833,832

710,359

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 January 2026 and were signed on its behalf by:

P P Turner - Director

B Hickman - Director

1.	STATUTORY INFORMATION

Windtex Engineering 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33% on cost

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

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 5 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

-

14,083

3,171

17,254

Additions

13,147

-

3,140

16,287

At 31 December 2024

13,147

14,083

6,311

33,541

DEPRECIATION

At 1 January 2024

-

3,677

1,289

4,966

Charge for year

3,352

2,081

1,757

7,190

At 31 December 2024

3,352

5,758

3,046

12,156

NET BOOK VALUE

At 31 December 2024

9,795

8,325

3,265

21,385

At 31 December 2023

-

10,406

1,882

12,288

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

532,067

761,946

Other debtors

267,581

364,069

799,648

1,126,015

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

11,251

11,972

Trade creditors

46,054

142,547

Taxation and social security

62,583

105,834

Other creditors

29,658

310,485

149,546

570,838

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

5,626

16,156

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

2

Ordinary

£1

2

2

2

Ordinary B

£1

2

2

4

4

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

B Hickman

Balance outstanding at start of year

(3,419

)

(18,216

)

Amounts advanced

113,147

42,797

Amounts repaid

(72,096

)

(28,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

37,632

(3,419

)

P P Turner

Balance outstanding at start of year

(463

)

(14,216

)

Amounts advanced

78,874

41,753

Amounts repaid

(37,096

)

(28,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

41,315

(463

)

The above balances were repaid within 9 months of the year-end and interest has been charged at HMRC approved rates on overdrawn balances during the year.