REGISTERED NUMBER: 03323050 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Altech Engineering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I Westley

Mrs J Westley

A Westley

SECRETARY:

I Westley

REGISTERED OFFICE:

5 Hazelgrove Raod

Haywards Heath

West Sussex

RH16 3PH

REGISTERED NUMBER:

03323050 (England and Wales)

ACCOUNTANTS:

Bentleys Accounting Limited

5 Hazelgrove Road

Haywards Heath

West Sussex

RH16 3PH

FIXED ASSETS

Tangible assets

4

901,002

969,935

CURRENT ASSETS

Stocks

81,319

50,811

Debtors

5

1,005,698

1,017,718

Cash at bank

482,713

615,332

1,569,730

1,683,861

CREDITORS

Amounts falling due within one year

6

480,422

535,255

NET CURRENT ASSETS

1,089,308

1,148,606

TOTAL ASSETS LESS CURRENT LIABILITIES

1,990,310

2,118,541

CREDITORS

Amounts falling due after more than one year

7

(149,035

)

(222,262

)

PROVISIONS FOR LIABILITIES

(207,927

)

(176,560

)

NET ASSETS

1,633,348

1,719,719

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

1,633,148

1,719,519

SHAREHOLDERS' FUNDS

1,633,348

1,719,719

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 16 January 2026 and were signed on its behalf by:

A Westley - Director

1.	STATUTORY INFORMATION

Altech 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.

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.

Improvements to property

-

20% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 18 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 May 2024

38,599

2,045,884

67,539

2,152,022

Additions

-

24,738

12,204

36,942

At 30 April 2025

38,599

2,070,622

79,743

2,188,964

DEPRECIATION

At 1 May 2024

26,993

1,126,707

28,387

1,182,087

Charge for year

4,498

93,673

7,704

105,875

At 30 April 2025

31,491

1,220,380

36,091

1,287,962

NET BOOK VALUE

At 30 April 2025

7,108

850,242

43,652

901,002

At 30 April 2024

11,606

919,177

39,152

969,935

Included within the net book value of £ 901,002 (2024: £969,935) is £ 318,096 (2024: £485,236) relating to assets held under hire purchase agreements. The depreciation charge to the financial statements in the year in respect of such assets amounts to £ 10,350 (2024 - £ 35,578).

5.

DEBTORS

30.4.25

30.4.24

£

£

Amounts falling due within one year:

Trade debtors

423,132

430,527

Other debtors

30,057

10,807

Prepayments

70,688

67,370

523,877

508,704

Amounts falling due after more than one year:

Amounts owed by participating interests

481,821

509,014

Aggregate amounts

1,005,698

1,017,718

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Hire purchase contracts

82,113

82,113

Trade creditors

145,045

212,096

Social security and other taxes

199,504

176,598

Directors' current accounts

325

360

Accrued expenses

53,435

64,088

480,422

535,255

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Hire purchase contracts

149,035

222,262