AUDAX ENGINEERING LTD

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 15602845

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		136,921		173,917
Tangible Assets	5		246,418		215,002

			383,339		388,919
CURRENT ASSETS
Stocks		496		2,083
Debtors		111,304		58,460
Cash at bank and in hand		35,382		9,450

		147,182		69,993
Creditors: Amounts Falling Due Within One Year		(114,398 )		(92,329 )

NET CURRENT ASSETS (LIABILITIES)			32,784		(22,336 )

TOTAL ASSETS LESS CURRENT LIABILITIES			416,123		366,583

Creditors: Amounts Falling Due After More Than One Year			(446,849 )		(439,790 )

NET LIABILITIES			(30,726 )		(73,207 )

CAPITAL AND RESERVES
Called up share capital	6		1,000		1,000
Profit and Loss Account			(31,726 )		(74,207 )

SHAREHOLDERS' FUNDS			(30,726)		(73,207)

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AUDAX ENGINEERING LTD

Abridged Balance Sheet (continued)

As At 31 March 2026

For the 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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Richard Kempson

Director

28 June 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

AUDAX ENGINEERING LTD is a private company, limited by shares, incorporated in England & Wales, registered number 15602845 . The registered office is 7 Bell Yard, London, England, WC2A 2JR.

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. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.5. 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:

Plant & Machinery	20% Straight Line
Motor Vehicles	20% Straight Line
Fixtures & Fittings	20% Straight Line
Computer Equipment	33% Straight Line

2.6. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2025: 3)

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AUDAX ENGINEERING LTD

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

4. Intangible Assets

	Total
	£
Cost
As at 1 April 2025	185,000

As at 31 March 2026	185,000

Amortisation
As at 1 April 2025	11,083
Provided during the period	36,996

As at 31 March 2026	48,079

Net Book Value
As at 31 March 2026	136,921

As at 1 April 2025	173,917

5. Tangible Assets

	Total
	£
Cost
As at 1 April 2025	245,568
Additions	90,863

As at 31 March 2026	336,431

Depreciation
As at 1 April 2025	30,566
Provided during the period	59,447

As at 31 March 2026	90,013

Net Book Value
As at 31 March 2026	246,418

As at 1 April 2025	215,002

6. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1,000	1,000

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