REGISTERED NUMBER: 12134842 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

AFT Engineering Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P V Cox

REGISTERED OFFICE:

63 Bawtry Road

Bramley

Rotherham

S66 2TN

REGISTERED NUMBER:

12134842 (England and Wales)

FIXED ASSETS

Tangible assets

4

213,941

81,458

CURRENT ASSETS

Stocks

157,500

65,000

Debtors

5

277,762

390,487

Cash at bank and in hand

23,746

3,959

459,008

459,446

CREDITORS

Amounts falling due within one year

6

490,860

450,929

NET CURRENT (LIABILITIES)/ASSETS

(31,852

)

8,517

TOTAL ASSETS LESS CURRENT LIABILITIES

182,089

89,975

CREDITORS

Amounts falling due after more than one year

7

(104,646

)

(70,204

)

PROVISIONS FOR LIABILITIES

(30,971

)

(12,512

)

NET ASSETS

46,472

7,259

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

46,462

7,249

46,472

7,259

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 9 May 2026 and were signed by:

P V Cox - Director

1.	STATUTORY INFORMATION

AFT Engineering Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

10% on cost

Plant and machinery etc

-

33% on cost and 25% 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 complies with auto enrolment legislation making employer contributions to employee personal pension schemes.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 July 2024

-

137,670

137,670

Additions

70,000

106,190

176,190

At 30 June 2025

70,000

243,860

313,860

DEPRECIATION

At 1 July 2024

-

56,212

56,212

Charge for year

3,500

40,207

43,707

At 30 June 2025

3,500

96,419

99,919

NET BOOK VALUE

At 30 June 2025

66,500

147,441

213,941

At 30 June 2024

-

81,458

81,458

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:

Plant and

machinery

etc

£

COST

At 1 July 2024

126,792

Additions

64,714

At 30 June 2025

191,506

DEPRECIATION

At 1 July 2024

50,511

Charge for year

31,878

At 30 June 2025

82,389

NET BOOK VALUE

At 30 June 2025

109,117

At 30 June 2024

76,281

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

186,963

386,902

Other debtors

90,799

3,585

277,762

390,487

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts and finance leases

24,915

17,853

Trade creditors

32,359

20,147

Taxation and social security

130,299

169,055

Other creditors

303,287

243,874

490,860

450,929

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts and finance leases

104,646

70,204

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts and finance leases

129,561

88,057

9.	RELATED PARTY DISCLOSURES

A.F.T (UK) Limited

A company owned 50% by Mr P V Cox.

Monies were loaned between the companies on an interest free basis.

The balance owing to this company and reflected in other creditors at 30th June 2025: £149,272, (2024: £Nil).

10.	ULTIMATE CONTROLLING PARTY

The controlling party is P V Cox.