01178868 false Toolmakers for the spring industry in tungsten carbide and high speed steel 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/2024-07-31 http://www.companieshouse.gov.uk/pt:PlantMachinery 2024-07-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-07-31 http://www.companieshouse.gov.uk/cd:Director1 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/pt:PlantMachinery 2025-07-31 http://www.companieshouse.gov.uk/pt:SharePremium 2024-07-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-07-31 http://www.companieshouse.gov.uk/cd:Director2 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/pt:FurnitureFittings 2024-07-31 http://www.companieshouse.gov.uk/pt:SharePremium 2025-07-31 http://www.companieshouse.gov.uk/cd:Director3 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/pt:FurnitureFittings 2025-07-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass2 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass3 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/pt:NetGoodwill 2025-07-31 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-07-31 http://www.companieshouse.gov.uk/pt:NetGoodwill 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-07-31 http://www.companieshouse.gov.uk/2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/2024-07-31 http://www.companieshouse.gov.uk/cd:FRS102 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/2025-07-31 http://www.companieshouse.gov.uk/cd:FullAccounts 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/pt:LandBuildings 2024-07-31 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 http://www.companieshouse.gov.uk/pt:LandBuildings 2025-07-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 01178868
Spring Tooling Limited
ACCOUNTS
FOR THE YEAR ENDED 31/07/2025
Prepared By:
Johnston and Co
Accountants
Cherry Trees
DY12 3LE

Spring Tooling Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2025
DIRECTORS
Andrew Charles Wright
Davina Jane Hancocks
Paul Scott Wright
REGISTERED OFFICE
Saxon Business Park
Hanbury Road
Bromsgrove
Worcestershire
B60 4AD
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01178868
ACCOUNTANTS
Johnston and Co
Accountants
Cherry Trees
DY12 3LE

Spring Tooling Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2025
CONTENTS |  |
|  | Page
Directors' Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

Spring Tooling Limited

BALANCE SHEET AT 31/07/2025
|  |  |  |  |  | 2025 |  |  |  | 2024
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 4 |  |  |  | 1,035,142 |  |  |  | 1,055,599
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Stock |  |  |  | 202,600 |  |  |  | 207,600 |  |
Debtors |  | 6 |  | 164,054 |  |  |  | 148,644 |  |
Cash at bank and in hand |  |  |  | 517,539 |  |  |  | 472,613 |  |
|  |  |  | 884,193 |  |  |  | 828,857 |  |
CREDITORS: Amounts falling due within one year |  | 7 |  | 210,753 |  |  |  | 176,710 |  |
NET CURRENT ASSETS |  |  |  |  |  | 673,440 |  |  |  | 652,147
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 1,708,582 |  |  |  | 1,707,746
PROVISIONS FOR LIABILITIES AND CHARGES |  | 8 |  |  |  | 65,807 |  |  |  | 69,025
NET ASSETS |  |  |  |  |  | 1,642,775 |  |  |  | 1,638,721
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 9 |  |  |  | 5,010 |  |  |  | 5,010
Share premium account |  | 10 |  |  |  | 3,334 |  |  |  | 3,334
Revaluation reserve |  | 1h,11 |  |  |  | 278,937 |  |  |  | 278,937
Profit and loss account |  |  |  |  |  | 1,355,494 |  |  |  | 1,351,440
SHAREHOLDERS' FUNDS |  |  |  |  |  | 1,642,775 |  |  |  | 1,638,721
For the year ending 31/07/2025 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 26/01/2026 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Andrew Charles Wright |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Davina Hancocks |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

Spring Tooling Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Going Concern
These financial statements have not been prepared on the going concern basis.

1c. Depreciation |  |
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Freehold land and buildings is not depreciated as, in the opinion of the directors the current value conitues to be in excess of the last valuation.
Plant And Machinery |  | reducing balance 25%
Fixtures And Fittings |  | reducing balance 15%

1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1e. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

1f. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.

Spring Tooling Limited

1g. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

1h. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 11).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.

2. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 18 |  | 18

3. INTANGIBLE FIXED ASSETS |  |  |  |
|  | Purchased |  |
|  | Goodwill |  | Total
|  | £ |  | £
Cost |  |  |  |
At 01/08/2024 |  | 37,500 |  | 37,500
At 31/07/2025 |  | 37,500 |  | 37,500
Depreciation |  |  |  |
At 01/08/2024 |  | 37,500 |  | 37,500
At 31/07/2025 |  | 37,500 |  | 37,500
Net Book Amounts |  |  |  |
At 31/07/2025 |  | - |  | -

Spring Tooling Limited

4. TANGIBLE FIXED ASSETS |  |  |  |  |  |  |  |
|  | Land And |  | Plant and |  | Fixtures |  |
|  | Buildings |  | Machinery |  | and Fittings |  | Total
|  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |
At 01/08/2024 |  | 950,150 |  | 1,100,603 |  | 17,406 |  | 2,068,159
At 31/07/2025 |  | 950,150 |  | 1,100,603 |  | 17,406 |  | 2,068,159
Depreciation |  |  |  |  |  |  |  |
At 01/08/2024 |  | - |  | 999,620 |  | 12,940 |  | 1,012,560
For the year |  | - |  | 19,341 |  | 1,116 |  | 20,457
At 31/07/2025 |  | - |  | 1,018,961 |  | 14,056 |  | 1,033,017
Net Book Amounts |  |  |  |  |  |  |  |
At 31/07/2025 |  | 950,150 |  | 81,642 |  | 3,350 |  | 1,035,142
At 31/07/2024 |  | 950,150 |  | 100,983 |  | 4,466 |  | 1,055,599

5. STOCK |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Stock comprises: |  |  |  |  |  |
Stock raw materials |  |  |  | 46,100 |  | 39,600
Work in progress |  |  |  | 156,500 |  | 168,000
|  |  |  | 202,600 |  | 207,600

6. DEBTORS |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Trade debtors |  |  |  | 154,665 |  | 132,036
UK corporation tax |  |  |  | - |  | 8,423
Prepayments |  |  |  | 9,389 |  | 8,185
|  |  |  | 164,054 |  | 148,644

Spring Tooling Limited

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
UK corporation tax |  |  |  | 10,198 |  | -
VAT |  |  |  | 18,432 |  | 8,074
PAYE control |  |  |  | 8,348 |  | 11,582
Directors current account |  |  |  | 68,753 |  | 94,820
Directors current account |  |  |  | 25,741 |  | -
Directors current account |  |  |  | 19,950 |  | -
Trade creditors |  |  |  | 41,053 |  | 48,637
Other creditors |  |  |  | 5,564 |  | 6,264
Pension schemes |  |  |  | 88 |  | 2,583
Accruals |  |  |  | 12,626 |  | 4,750
|  |  |  | 210,753 |  | 176,710

8. PROVISIONS FOR LIABILITIES |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Deferred taxation |  |  |  | 65,807 |  | 69,025
|  |  |  | 65,807 |  | 69,025

9. SHARE CAPITAL |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
3000 Ordinary shares of £1 each |  |  |  | 3000 |  | 3000
10 Class B shares of £1 each |  |  |  | 10 |  | 10
2000 Class C shares of £1 each |  |  |  | 2000 |  | 2000
|  |  |  | 5,010 |  | 5,010

10. SHARE PREMIUM ACCOUNT |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Share premium account |  |  |  | 3,334 |  | 3,334

Spring Tooling Limited

11. REVALUATION RESERVE |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Revaluation reserve |  |  |  | 278,937 |  | 278,937
|  |  |  | 278,937 |  | 278,937