Company Registration No. 07662221 (England and Wales)
Cwm Engineering Ltd
Amended Unaudited accounts
for the year ended 30 August 2025
Cwm Engineering Ltd
Statement of financial position
as at 30 August 2025
Tangible assets
423,940
480,785
Cash at bank and in hand
300,463
481,438
Creditors: amounts falling due within one year
(118,887)
(204,486)
Net current assets
336,780
414,739
Total assets less current liabilities
760,720
895,524
Creditors: amounts falling due after more than one year
(29,106)
(56,491)
Net assets
731,614
839,033
Called up share capital
2
2
Profit and loss account
731,612
839,031
Shareholders' funds
731,614
839,033
For the year ending 30 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by
Mrs B M Walters
Director
Company Registration No. 07662221
Cwm Engineering Ltd
Notes to the Accounts
for the year ended 30 August 2025
Cwm Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 07662221. The registered office is Y Wern, Kidwelly, Carmarthenshire, SA17 5AP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Computer equipment
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Cwm Engineering Ltd
Notes to the Accounts
for the year ended 30 August 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 31 August 2024
1,149,081
-
32,822
1,181,903
Additions
5,695
11,833
571
18,099
At 30 August 2025
1,154,776
11,833
33,393
1,200,002
At 31 August 2024
677,258
-
23,860
701,118
Charge for the year
69,602
2,958
2,384
74,944
At 30 August 2025
746,860
2,958
26,244
776,062
At 30 August 2025
407,916
8,875
7,149
423,940
At 30 August 2024
471,823
-
8,962
480,785
Amounts falling due within one year
Trade debtors
151,704
134,287
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
33
242
Obligations under finance leases and hire purchase contracts
32,760
59,761
Trade creditors
66,577
38,857
Taxes and social security
12,910
18,154
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
25,654
53,034
Loans from directors
3,452
3,457
8
Average number of employees
During the year the average number of employees was 13 (2024: 13).