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Registration number: 10287534

Owen Structural Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 November 2025

Owen Structural Limited

Contents

Statement of Comprehensive Income | 1
Statement of Financial Position | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 10

Owen Structural Limited

Statement of Comprehensive Income for the Year Ended 30 November 2025

| Note | 2025 £ | 2024 £
Turnover |  | 71,175 | 63,244
Gross profit |  | 71,175 | 63,244
Administrative expenses |  | (13,200) | (21,452)
Operating profit |  | 57,975 | 41,792
Other interest receivable and similar income |  | 1,481 | 660
Interest payable and similar expenses |  | (10) | (1,198)
|  | 1,471 | (538)
Profit before tax |  | 59,446 | 41,254
Tax on profit |  | (11,916) | (7,982)
Profit for the financial year |  | 47,530 | 33,272

The above results were derived from continuing operations.

Owen Structural Limited

(Registration number: 10287534)
Statement of Financial Position as at 30 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 930 | 954
Current assets |  |  |
Debtors | 5 | 59,105 | 39,212
Cash at bank and in hand |  | 5,640 | 3,679
|  | 64,745 | 42,891
Creditors: Amounts falling due within one year | 6 | (13,368) | (9,513)
Net current assets |  | 51,377 | 33,378
Net assets |  | 52,307 | 34,332
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Profit and loss account |  | 52,207 | 34,232
Shareholders' funds |  | 52,307 | 34,332

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Owen Structural Limited

(Registration number: 10287534)
Statement of Financial Position as at 30 November 2025 (continued)

Director's 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 director acknowledges her 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 director has not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the director on 8 July 2026

Mrs F Watt Director

Owen Structural Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

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:
Chase End
The Crossways
Poole
Dorset
BH16 5HB

Principal activity

The principal activity of the company is structural engineers.

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 prepared in sterling which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

Owen Structural Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

2 | Accounting policies (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current 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 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 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.

Owen Structural Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

2 | Accounting policies (continued)

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

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
Fittings fixtures and equipment | 15% reducing balance
Motor vehicles | 25% reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, 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. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

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.

Owen Structural Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

2 | Accounting policies (continued)

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Owen Structural Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

4 | Tangible assets

| Fixtures, fittings and equipment £ | Total £
Cost or valuation
At 1 December 2024 | 1,942 | 1,942
Additions | 214 | 214
Disposals | (215) | (215)
At 30 November 2025 | 1,941 | 1,941
Depreciation
At 1 December 2024 | 988 | 988
Charge for the year | 164 | 164
Eliminated on disposal | (141) | (141)
At 30 November 2025 | 1,011 | 1,011
Carrying amount
At 30 November 2025 | 930 | 930
At 30 November 2024 | 954 | 954

5 | Debtors

| 2025 £ | 2024 £
Trade debtors | 1,005 | 2,780
Other debtors | 58,100 | 36,432
| 59,105 | 39,212

Owen Structural Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 11,916 | 8,379
Accruals and deferred income | 1,452 | 1,134
| 13,368 | 9,513

7 | Reserves

Profit and loss account:
This reserve records retained earnings and accumulated losses.

Owen Structural Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

8 | Related party transactions

Transactions with the director

2025 | At 1 December 2024 £ | Advances to director £ | Repayments by director £ | At 30 November 2025 £
Director | 36,432 | 58,922 | (37,255) | 58,099

2024 | At 1 December 2023 £ | Advances to director £ | Repayments by director £ | At 30 November 2024 £
Director | 26,812 | 47,977 | (38,357) | 36,432

Directors' loans are repayable on demand and subject to interest on overdrawn balances at the official rate.