Registration number: 04627878

Context Engineering Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Context Engineering Limited

Company Information

Directors

Mr TJ Martin Miss N J Ingram

Company secretary

Miss N J Ingram

Registered office

Bishop House 10 Wheat Street Brecon Powys LD3 7DG

Bankers

NatWest Chichester (A) Branch 5 East Street Chichester West Sussex P019 1HH

Accountants

W J James & Co Chartered AccountantsBishop House 10 Wheat Street Brecon Powys LD3 7DG

Context Engineering Limited

(Registration number: 04627878)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	6	626	6,524
Current assets
Debtors	7	18,635	47,774
Cash at bank and in hand		463,683	500,800
		482,318	548,574
Creditors: Amounts falling due within one year	8	(18,494)	(56,169)
Net current assets		463,824	492,405
Total assets less current liabilities		464,450	498,929
Provisions for liabilities		(119)	(1,729)
Net assets		464,331	497,200
Capital and reserves
Called up share capital		100	100
Retained earnings		464,231	497,100
Shareholders' funds		464,331	497,200

For the financial year ending 31 March 2026 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 1 June 2026 and signed on its behalf by:
 

Context Engineering Limited

(Registration number: 04627878)
Balance Sheet as at 31 March 2026

......................................... Mr TJ Martin Director

......................................... Miss N J Ingram Company secretary and director

Context Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Bishop House
10 Wheat Street
Brecon
Powys
LD3 7DG
United Kingdom

The principal place of business is:
Tower House
The Square
Talgarth
Powys
LD3 0BW

These financial statements were authorised for issue by the Board on 1 June 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling, which is the functional currency of the company, and rounded up to the nearest £1.

Revenue recognition

Turnover represents the net value of goods and services provided, in respect of historic artefact and building repairs, conservation and restoration and is recorded at the value of the consideration due. Where a contract has only partially completed at the balance sheet date, turnover represents the value of services provided to date based on a proportion of the total expected consideration at completion.

Tax

The tax expense for the period comprises of current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Context Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Short leasehold property improvements	10% on cost
Office equipment	33% on cost
Plant and machinery	33% on cost
Computer equipment	33% on cost
Motor vehicles	25% on cost

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, has been amortised evenly over its estimated useful life of ten years.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Context Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

4	Loss/profit before tax

Arrived at after charging/(crediting)

	2026 £	2025 £
Depreciation expense	5,900	20,271

Context Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

5	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 April 2025	30,000	30,000
At 31 March 2026	30,000	30,000
Amortisation
At 1 April 2025	30,000	30,000
At 31 March 2026	30,000	30,000
Carrying amount
At 31 March 2026	-	-

6	Tangible assets

	Short leasehold property improvements £	Office equipment £	Plant and machinery £	Computer equipment £
Cost or valuation
At 1 April 2025	40,618	4,287	32,071	8,234
At 31 March 2026	40,618	4,287	32,071	8,234
Depreciation
At 1 April 2025	36,556	4,287	30,547	7,294
Charge for the year	4,062	-	1,005	833
At 31 March 2026	40,618	4,287	31,552	8,127
Carrying amount
At 31 March 2026	-	-	519	107
At 31 March 2025	4,062	-	1,523	939

Context Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2025	106,442	191,652
At 31 March 2026	106,442	191,652
Depreciation
At 1 April 2025	106,442	185,126
Charge for the year	-	5,900
At 31 March 2026	106,442	191,026
Carrying amount
At 31 March 2026	-	626
At 31 March 2025	-	6,524

7

Debtors

Current	2026 £	2025 £
Trade debtors	12,370	43,150
Prepayments	5,169	4,624
Other debtors	1,096	-
	18,635	47,774

8

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	617	708
Taxation and social security	8,711	15,682
Accruals and deferred income	6,392	7,177
Other creditors	2,774	32,602
	18,494	56,169