SAXTON_MANUFACTURING_30_Sep_2025_companies_house_set_of

SAXTON MANUFACTURING LIMITED

Report to the board of directors on the preparation of the unaudited statutory financial statements of SAXTON MANUFACTURING LIMITED

Year ended

30 September 2025

In accordance with the engagement letter, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the Board of Directors of SAXTON MANUFACTURING LIMITED in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the Board of Directors the financial statements that we have been engaged to compile, to report to the Board of Directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company’s Board of Directors for our work or for this report.

You have acknowledged on the Balance Sheet dated 30th September 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006.

You consider that the company is exempt from an audit under the Companies Act 2006.

In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements

Chesterton House Accounting Services LLP

Date:

2 April 2026

SAXTON MANUFACTURING LIMITED

Statement of Financial Position

30 September 2025

		2025		2024
	Note	£		£
Fixed assets
Tangible assets	5	247,987		127,653
Current assets
Stocks		78,000		68,950
Debtors	6	436,178		320,638
Cash at bank and in hand		335,284		499,929
		849,462		889,517
Creditors: amounts falling due within one year	7	(357,165	)	(357,088	)
Net current assets		492,297		532,429
Total assets less current liabilities		740,284		660,082
Creditors: amounts falling due after more than one year	8	-		(6,667	)
Provisions for liabilities		(47,310	)	(32,784	)
Net assets		692,974		620,631
Capital and reserves
Called up share capital		102		102
Profit and loss account		692,872		620,529
Shareholders funds		692,974		620,631

For the year ending

30 September 2025

, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

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.

These

financial statements

were approved by the board of directors and authorised for issue on

2 April 2026

, and are signed on behalf of the board by:

Mr. Michael Saxton

Director

Company registration number:

02046667

SAXTON MANUFACTURING LIMITED

Notes to the Financial Statements

Year ended

30 September 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

7 High View Close

Hamilton Office Park

Leicester

Leicestershire

LE4 9LJ

, United Kingdom and the principal place of business is The Airfield, Unit 1, Bruntingthorpe, Lutterworth LE17 5QZ.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis. The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover represents the total value, excluding value added tax, of goods sold during the year and derives from the company's ordinary activities. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery	15% Reducing Balance
Fixtures, fittings and equipment	15% Reducing Balance
Motor vehicles	25% Reducing Balance
Land and buildings	10% Straight Line

Stocks

Stocks are measured at the lower of cost exclusive of Value Added Tax and estimated selling price.

Hire Purchase Contracts and Finance Leases

Assets held under hire purchase contracts and finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum future payments, which is determined at the inception of the contract term. Any initial direct costs of the contract are added to the amount recognised as an asset.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was

(2024:

9.00

5 Tangible assets

	Land and buildings	Plant and machinery etc.	Total
	£	£	£
Cost
At 1 October 2024	4,215	315,663	319,878
Additions	86,660	59,692	146,352
At 30 September 2025	90,875	375,355	466,230
Depreciation
At 1 October 2024	912	191,313	192,225
Charge	3,615	22,403	26,018
At 30 September 2025	4,527	213,716	218,243
Carrying amount
At 30 September 2025	86,348	161,639	247,987
At 30 September 2024	3,303	124,350	127,653

6 Debtors

	2025	2024
	£	£
Trade debtors	390,963	298,502
Other debtors	45,215	22,136
	436,178	320,638

7 Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	6,667	10,000
Trade creditors	221,079	224,275
Taxation and social security	59,621	53,108
Other creditors	69,798	69,705
	357,165	357,088

8 Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans and overdrafts	-		6,667

Included in bank loans and overdrafts (payable both within one year and after more than one year) is a loan in favour of Barclays Bank Plc. taken out under the Government's Bounce Back Loan Scheme as part of the package of support for the Covid-19 pandemic. The loan is unsecured; is subject to interest at 2.5% over base; and is repayable by monthly instalments. The loan is due to be repaid in full on or before 30th September 2026.

9 Share capital

The company has 102 £1 Ordinary shares issued and fully paid with full voting rights and full rights on the distribution of dividends and repayment of capital.

10 Directors' advances, credit and guarantees

During the year, the Directors entered into the following advances and credits with the company:

Balance brought forward at 1st October 2024 - £nil

Advances / (credits) - £96,005 and Amounts repaid - £65,019

Balance outstanding at 30th September 2025 - £30,986

The maximum balance outstanding was £90,986

Interest has been charged by the company during the year to the directors in the amount of £1,971

The loan to the Directors is unsecured and has no fixed date for repayment.

11 Controlling party

The company is under the direct control of the directors.