Registrar

Registration number: 05218454

Braintree Engineering Company Limited

Contents

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

Braintree Engineering Company Limited

Company Information

Directors

G E Cowling C L Hoy S J Cowling

Company secretary

C L Hoy

Registered office

3 Warners Mill Silks Way Braintree Essex United Kingdom CM7 3GB

Accountants

Lambert Chapman LLP Chartered Accountants 3 Warners Mill Silks Way Braintree Essex CM7 3GB

Braintree Engineering Company Limited

(Registration number: 05218454)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	161,967	189,900
Current assets
Stocks	6	11,860	11,860
Debtors	7	49,295	68,311
Cash at bank and in hand		2,912	25,160
		64,067	105,331
Creditors: Amounts falling due within one year	8	(99,396)	(109,935)
Net current liabilities		(35,329)	(4,604)
Total assets less current liabilities		126,638	185,296
Provisions for liabilities		(40,492)	(47,475)
Net assets		86,146	137,821
Capital and reserves
Called up share capital	9	5,000	5,000
Revaluation reserve		45,632	71,890
Retained earnings		35,514	60,931
Shareholders' funds		86,146	137,821

For the financial year ended 31 October 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 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 25 June 2026 and signed on its behalf by:
 

......................................... G E Cowling Director

......................................... S J Cowling Director

Braintree Engineering Company Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

1	General information

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

The address of its registered office is: 3 Warners Mill, Silks Way, Braintree, Essex, CM7 3GB, United Kingdom.

The principal place of business is: Unit 2, Albert Road, Braintree, Essex, CM7 3JQ.

These financial statements were authorised for issue by the Board on 25 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, unless otherwise stated in the relevant accounting policy note.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Revenue recognition

Turnover represents net invoiced sales of metal works and engineering, excluding value added tax.

Tax

Current Tax is recognised in the profit and loss account, 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 income 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.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation. Plant and machinery is included at the revalued amount based on market value at the balance sheet date.

Braintree Engineering Company Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

Depreciation

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

Asset class	Depreciation method and rate
Short leasehold	33% straight line basis
Plant and machinery	10% straight line basis
Motor vehicles	25% straight line basis
Computer equipment	25% straight line basis

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
Patents	20% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

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

Stocks

Stocks are stated at cost and relates to metal and components.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Braintree Engineering Company Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

Share capital

Ordinary shares are classified as equity.

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 8 (2024 - 8).

4	Intangible assets

	Patents  £	Total £
Cost or valuation
At 1 November 2024	1,579	1,579
At 31 October 2025	1,579	1,579
Amortisation
At 1 November 2024	1,579	1,579
At 31 October 2025	1,579	1,579
Carrying amount
At 31 October 2025	-	-

Braintree Engineering Company Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

5	Tangible assets

	Land and buildings £	Office equipment  £	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 November 2024	25,565	11,608	25,175	569,876	632,224
Additions	-	354	35,599	-	35,953
Disposals	-	-	(25,175)	-	(25,175)
At 31 October 2025	25,565	11,962	35,599	569,876	643,002
Depreciation
At 1 November 2024	25,565	11,352	25,175	380,232	442,324
Charge for the year	-	247	7,417	56,222	63,886
Eliminated on disposal	-	-	(25,175)	-	(25,175)
At 31 October 2025	25,565	11,599	7,417	436,454	481,035
Carrying amount
At 31 October 2025	-	363	28,182	133,422	161,967
At 31 October 2024	-	256	-	189,644	189,900

Revaluation

The fair value of the company's plant and machinery was assessed by the directors on 31 October 2023.

Had this class of asset been measured on a historical cost basis, the carrying amount would have been £72,580 (2024 - £93,791).

6

Stocks

	2025 £	2024 £
Work in progress	6,860	6,860
Other inventories	5,000	5,000
	11,860	11,860

Braintree Engineering Company Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

7

Debtors

	2025 £	2024 £
Trade debtors	14,282	16,646
Prepayments	-	908
Other debtors	30,972	50,757
Directors loan	4,041	-
	49,295	68,311

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	10	24,721	12,422
Trade creditors		8,926	17,437
Taxation and social security		64,624	78,410
Directors loan		-	823
Other creditors		1,125	843
		99,396	109,935