Barnes Mechanical Engineering Ltd

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—8

Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Barnes Mechanical Engineering Ltd for the year ended 31 August 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Barnes Mechanical Engineering Ltd for the year ended 31 August 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Barnes Mechanical Engineering Ltd , as a body, in accordance with the terms of our engagement letter dated 16 October 2024. Our work has been undertaken solely to prepare for your approval the accounts of Barnes Mechanical Engineering Ltd and state those matters that we have agreed to state to the directors of Barnes Mechanical Engineering Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Barnes Mechanical Engineering Ltd and its directors, as a body, for our work or for this report.

It is your duty to ensure that Barnes Mechanical Engineering Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Barnes Mechanical Engineering Ltd . You consider that Barnes Mechanical Engineering Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Barnes Mechanical Engineering Ltd . 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.

28/05/2026

Bishops Chartered Accountants

Phoenix Park

Blakewater Road

Blackburn

Lancashire

BB1 5BG

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Barnes Mechanical Engineering Ltd

Balance Sheet

As At 31 August 2025

Balance Sheet

Registered number: 08638268

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		128,447		136,560

			128,447		136,560
CURRENT ASSETS
Stocks	5	61,032		16,435
Debtors	6	243,138		226,543
Cash at bank and in hand		22,726		85,634

		326,896		328,612
Creditors: Amounts Falling Due Within One Year	7	(374,539 )		(306,163 )

NET CURRENT ASSETS (LIABILITIES)			(47,643 )		22,449

TOTAL ASSETS LESS CURRENT LIABILITIES			80,804		159,009

Creditors: Amounts Falling Due After More Than One Year	8		(44,103 )		(82,897 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(32,111 )		(28,446 )

NET ASSETS			4,590		47,666

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			4,490		47,566

SHAREHOLDERS' FUNDS			4,590		47,666

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Barnes Mechanical Engineering Ltd

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 2025 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr M Barnes

Director

28/05/2026

The notes on pages 4 to 8 form part of these financial statements.

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Barnes Mechanical Engineering Ltd

Notes to the Financial Statements

For The Year Ended 31 August 2025

Notes to the Financial Statements

1. General Information

Barnes Mechanical Engineering Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08638268 . The registered office is Unit 2 Thwaites Close, Shadsworth Business Park, Blackburn, Lancashire, BB1 2QQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	20% Straight Line
Plant & Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Computer Equipment	33% Straight Line

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Barnes Mechanical Engineering Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2024: 8)

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Barnes Mechanical Engineering Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 September 2024	24,760	130,915	106,171	11,442	273,288
Additions	-	3,146	30,775	1,433	35,354
Disposals	-	-	(9,000 )	-	(9,000 )

As at 31 August 2025	24,760	134,061	127,946	12,875	299,642

Depreciation
As at 1 September 2024	19,808	73,047	35,793	8,080	136,728
Provided during the period	4,952	14,892	20,464	1,157	41,465
Disposals	-	-	(6,998 )	-	(6,998 )

As at 31 August 2025	24,760	87,939	49,259	9,237	171,195

Net Book Value
As at 31 August 2025	-	46,122	78,687	3,638	128,447

As at 1 September 2024	4,952	57,868	70,378	3,362	136,560

5. Stocks

	2025	2024
	£	£
Materials	3,000	2,886
Work in progress	58,032	13,549

	61,032	16,435

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	187,228	118,137
Other debtors	55,910	108,406

	243,138	226,543

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Barnes Mechanical Engineering Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	27,909	22,502
Trade creditors	260,449	168,687
Bank loans and overdrafts	31,439	31,375
Other creditors	31,110	48,862
Taxation and social security	23,632	34,737

	374,539	306,163

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	30,464	37,757
Bank loans	13,639	45,140

	44,103	82,897

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	27,909	22,502
Later than one year and not later than five years	30,464	37,757

	58,373	60,259

	58,373	60,259

10. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
55 Ordinary Shares of £ 1.00 each	55	100
45 Ordinary A shares of £ 1.00 each	45	-

	100	100


Shares issued during the period:	£
45 Ordinary A shares of £ 1.00 each	45


Shares disposed during the period:	£
45 Ordinary Shares of £ 1.00 each	(45)

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Barnes Mechanical Engineering Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors totalling £ 17,109.

The above loan is unsecured, interest free and repayable on demand.

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