REGISTERED NUMBER: 01360021 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

GWS Engineers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S G Stones

S Wright

SECRETARY:

S Wright

REGISTERED OFFICE:

Flixborough Industrial Estate

Flixborough

Nr Scunthorpe

South Humberside

DN15 8SE

REGISTERED NUMBER:

01360021 (England and Wales)

ACCOUNTANTS:

Malcolm Jones & Co LLP

Accountants and Business Advisors

West Hill House

Allerton Hill

Chapel Allerton

Leeds

LS7 3QB

FIXED ASSETS

Tangible assets

4

1,370,259

1,465,182

Investments

5

98

98

1,370,357

1,465,280

CURRENT ASSETS

Stocks

154,082

140,481

Debtors

6

379,265

564,788

Cash at bank

1,301,225

1,242,901

1,834,572

1,948,170

CREDITORS

Amounts falling due within one year

7

208,526

250,903

NET CURRENT ASSETS

1,626,046

1,697,267

TOTAL ASSETS LESS CURRENT LIABILITIES

2,996,403

3,162,547

PROVISIONS FOR LIABILITIES

(264,390

)

(284,932

)

ACCRUALS AND DEFERRED INCOME

(11,632

)

(12,651

)

NET ASSETS

2,720,381

2,864,964

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

2,670,381

2,814,964

SHAREHOLDERS' FUNDS

2,720,381

2,864,964

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 6 May 2026 and were signed on its behalf by:

S G Stones - Director

S Wright - Director

1.	STATUTORY INFORMATION

GWS Engineers 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 as modified by the revaluation of certain assets.

Turnover

Turnover comprises the invoice value of goods sold and of equipment hire, excluding value added tax.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

33% on cost, 25% on reducing balance, 20% on reducing balance and 15% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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

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.

Consolidation

The company and its subsidiary comprise a small group. The company has therefore taken advantage of the exemption provided by section 399 (2A) of the Companies Act 2006 not to prepare group financial statements. As a result these financial statements present information about it as an individual undertaking and not about its group.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2025 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 March 2025

574,135

2,529,258

3,103,393

Additions

-

215,285

215,285

Disposals

-

(140,260

)

(140,260

)

At 28 February 2026

574,135

2,604,283

3,178,418

DEPRECIATION

At 1 March 2025

269,839

1,368,372

1,638,211

Charge for year

11,484

283,098

294,582

Eliminated on disposal

-

(124,634

)

(124,634

)

At 28 February 2026

281,323

1,526,836

1,808,159

NET BOOK VALUE

At 28 February 2026

292,812

1,077,447

1,370,259

At 28 February 2025

304,296

1,160,886

1,465,182

Cost or valuation at 28 February 2026 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 1995

(148,274

)

-

(148,274

)

Cost

722,409

2,604,283

3,326,692

574,135

2,604,283

3,178,418

If land and buildings had not been revalued they would have been included at the following historical cost:

28.2.26

28.2.25

£

£

Cost

722,409

722,409

Aggregate depreciation

382,950

382,950

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 March 2025

and 28 February 2026

98

NET BOOK VALUE

At 28 February 2026

98

At 28 February 2025

98

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

345,325

554,892

Other debtors

33,940

9,896

379,265

564,788

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade creditors

38,816

84,784

Taxation and social security

121,968

113,833

Other creditors

47,742

52,286

208,526

250,903