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 S J Cowling

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 30 June 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	-	161,967
Current assets
Stocks	6	-	11,860
Debtors	7	-	49,295
Cash at bank and in hand		419	2,912
		419	64,067
Creditors: Amounts falling due within one year	8	(18,737)	(99,396)
Net current liabilities		(18,318)	(35,329)
Total assets less current liabilities		(18,318)	126,638
Provisions for liabilities		-	(40,492)
Net (liabilities)/assets		(18,318)	86,146
Capital and reserves
Called up share capital	9	5,000	5,000
Revaluation reserve		-	45,632
Retained earnings		(23,318)	35,514
Shareholders' (deficit)/funds		(18,318)	86,146

For the financial period ended 30 June 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 period 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 7 July 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 Period from 1 November 2025 to 30 June 2026

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 7 July 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 Period from 1 November 2025 to 30 June 2026

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 Period from 1 November 2025 to 30 June 2026

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 period, was 5 (2025 - 8).

4	Intangible assets

	Patents  £	Total £
Cost or valuation
At 1 November 2025	1,579	1,579
Disposals	(1,579)	(1,579)
At 30 June 2026	-	-
Amortisation
At 1 November 2025	1,579	1,579
Amortisation eliminated on disposals	(1,579)	(1,579)
At 30 June 2026	-	-
Carrying amount
At 30 June 2026	-	-

Braintree Engineering Company Limited

Notes to the Financial Statements for the Period from 1 November 2025 to 30 June 2026

5	Tangible assets

	Land and buildings £	Office equipment  £	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 November 2025	25,565	11,962	35,599	569,876	643,002
Disposals	(25,565)	(11,962)	(35,599)	(569,876)	(643,002)
At 30 June 2026	-	-	-	-	-
Depreciation
At 1 November 2025	25,565	11,599	7,417	436,454	481,035
Charge for the period	-	24	-	4,649	4,673
Eliminated on disposal	(25,565)	(11,623)	(7,417)	(441,103)	(485,708)
At 30 June 2026	-	-	-	-	-
Carrying amount
At 30 June 2026	-	-	-	-	-
At 31 October 2025	-	363	28,182	133,422	161,967

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 £Nil (2025 - £Nil).

6

Stocks

	2026 £	2025 £
Work in progress	-	6,860
Other inventories	-	5,000
	-	11,860

7

Debtors

	2026 £	2025 £
Trade debtors	-	14,282
Other debtors	-	30,972
Directors loan	-	4,041
	-	49,295

Braintree Engineering Company Limited

Notes to the Financial Statements for the Period from 1 November 2025 to 30 June 2026

8

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	10	-	24,721
Trade creditors		-	8,926
Taxation and social security		18,737	64,624
Other creditors		-	1,125
		18,737	99,396