Chris Hodgson Engineering Ltd - Filleted accounts

Registered number

02683779

Chris Hodgson Engineering Ltd

Report and Accounts

28 February 2026

Chris Hodgson Engineering Ltd
Registered number:		02683779
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		406,766			459,353

Current assets
Stocks		254,000			230,000
Debtors	4	844,273			974,678
		1,098,273			1,204,678

Creditors: amounts falling due within one year	5	(1,062,201)			(1,167,263)

Net current assets			36,072			37,415

Total assets less current liabilities			442,838			496,768

Creditors: amounts falling due after more than one year	6		(43,638)			(104,910)



Net assets			399,200			391,858

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			398,200			390,858

Shareholders' funds			399,200			391,858

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr C L P Hodgson
Director
Approved by the board on 21 April 2026

Chris Hodgson Engineering Ltd
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 25 years
	Motor vehicles			25% straight line
	Plant and machinery			15% straight line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					38		40


3	Tangible fixed assets
		Land and buildings		Plant and machinery		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 March 2025	257,553		761,456		564,861		1,583,870
	Additions	-		-		31,495		31,495
	Disposals	-		(3,121)		(24,832)		(27,953)
	At 28 February 2026	257,553		758,335		571,524		1,587,412

	Depreciation
	At 1 March 2025	139,022		556,381		429,114		1,124,517
	Charge for the year	8,152		30,761		40,652		79,565
	On disposals	-		(3,024)		(20,412)		(23,436)
	At 28 February 2026	147,174		584,118		449,354		1,180,646

	Net book value
	At 28 February 2026	110,379		174,217		122,170		406,766
	At 28 February 2025	118,531		205,075		135,747		459,353




4	Debtors					2026		2025
£							£

	Trade debtors					517,750		501,777
	Amounts recoverable on contracts					46,000		182,000
	Accrued income					73,681		45,542
	Payments in advance					56,842		60,434
	Corporation tax recoverable					-		64,925
	Other debtors					150,000		120,000
						844,273		974,678


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					342,634		452,402
	Obligations under finance lease and hire purchase contracts					18,048		18,048
	Trade creditors					474,955		508,870
	Payments received on account					-		21,575
	Other taxes and social security costs					183,795		125,947
	Accrued charges					42,769		40,421
						1,062,201		1,167,263


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					-		50,000
	Obligations under finance lease and hire purchase contracts					34,593		51,137
	Directors' loan accounts					9,045		3,773
						43,638		104,910


7	Loans					2026		2025
£							£
	Creditors include:

	Secured bank loans					50,000		150,000

	Unlimited debenture provided to lender.


8	Controlling party

	The majority of the share capital is owned by CHE Holdings Ltd (company number 13225518). Mr C Hodgson owns all of the share capital in CHE Holdings Ltd and is the ultimate controlling party.


9	Other information

	Chris Hodgson Engineering Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Seven Acres
	Hollacombe
	Chumleigh
	Devon
	EX18 7QH