REGISTERED NUMBER: 03291328 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

VAN DRIEL ENGINEERING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Graham

REGISTERED OFFICE:

20 Havelock Road

Hastings

East Sussex

TN34 1BP

REGISTERED NUMBER:

03291328 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey

Chartered Accountants & Business Advisers

20 Havelock Road

Hastings

East Sussex

TN34 1BP

FIXED ASSETS

Tangible assets

4

393,498

397,141

CURRENT ASSETS

Stocks

43,150

51,326

Debtors

5

282,103

91,487

Cash at bank and in hand

11,916

30,651

337,169

173,464

CREDITORS

Amounts falling due within one year

6

435,388

202,433

NET CURRENT LIABILITIES

(98,219

)

(28,969

)

TOTAL ASSETS LESS CURRENT LIABILITIES

295,279

368,172

CREDITORS

Amounts falling due after more than one year

7

44,100

125,949

NET ASSETS

251,179

242,223

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

250,179

241,223

251,179

242,223

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 May 2026 and were signed by:

M Graham - Director

1.	STATUTORY INFORMATION

Van Driel Engineering 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.

The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2025

350,000

199,234

3,471

Additions

-

79,824

186

Disposals

-

(70,675

)

-

At 31 December 2025

350,000

208,383

3,657

DEPRECIATION

At 1 January 2025

-

167,182

2,223

Charge for year

-

10,300

359

At 31 December 2025

-

177,482

2,582

NET BOOK VALUE

At 31 December 2025

350,000

30,901

1,075

At 31 December 2024

350,000

32,052

1,248

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

60,307

-

613,012

Additions

-

1,703

81,713

Disposals

-

-

(70,675

)

At 31 December 2025

60,307

1,703

624,050

DEPRECIATION

At 1 January 2025

46,466

-

215,871

Charge for year

3,460

562

14,681

At 31 December 2025

49,926

562

230,552

NET BOOK VALUE

At 31 December 2025

10,381

1,141

393,498

At 31 December 2024

13,841

-

397,141

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

173,487

90,104

Amounts owed by group undertakings

84,722

-

Other debtors

23,894

1,383

282,103

91,487

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

155,549

10,000

Hire purchase contracts

12,600

2,498

Trade creditors

168,379

79,819

Taxation and social security

70,378

65,787

Other creditors

28,482

44,329

435,388

202,433

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

-

122,693

Hire purchase contracts

44,100

3,256

44,100

125,949

8.	SECURED DEBTS

Momentum Finance Group SPV2 Limited and Bibby Financial Services Limited have fixed and floating charges over the freehold property and assets of the company.

9.	RELATED PARTY DISCLOSURES

At the balance sheet date, no amounts were owed to directors (2024: £41,052 owed to directors).