REGISTERED NUMBER: 02981348 (England and Wales)

Financial Statements

for the Year Ended 31 March 2026

for

S.H.P. Engineering Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Howard

SECRETARY:

Ms M J Ashley

REGISTERED OFFICE:

Unit 7

Faraday Road Business Park

Littleport

Ely

Cambridgeshire

CB6 1PE

REGISTERED NUMBER:

02981348 (England and Wales)

ACCOUNTANTS:

Baverstocks Group Limited

140 Rayne Road

Braintree

Essex

CM7 2QR

FIXED ASSETS

Tangible assets

4

40,801

43,294

Investments

5

10

11

40,811

43,305

CURRENT ASSETS

Stocks

311,332

349,305

Debtors

6

96,558

90,532

Cash at bank and in hand

25,347

13,438

433,237

453,275

CREDITORS

Amounts falling due within one year

7

278,481

312,077

NET CURRENT ASSETS

154,756

141,198

TOTAL ASSETS LESS CURRENT LIABILITIES

195,567

184,503

CREDITORS

Amounts falling due after more than one year

8

-

(1,415

)

PROVISIONS FOR LIABILITIES

(7,377

)

(7,742

)

NET ASSETS

188,190

175,346

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

188,090

175,246

SHAREHOLDERS' FUNDS

188,190

175,346

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 14 July 2026 and were signed by:

S Howard - Director

1.	STATUTORY INFORMATION

S.H.P. Engineering Ltd. 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.

Turnover

Turnover represents the value of work done and invoiced excluding value added tax as appropriate.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance, 15% on reducing balance and 10% on reducing balance

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 6 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

245,500

Additions

6,505

Disposals

(3,097

)

At 31 March 2026

248,908

DEPRECIATION

At 1 April 2025

202,206

Charge for year

8,303

Eliminated on disposal

(2,402

)

At 31 March 2026

208,107

NET BOOK VALUE

At 31 March 2026

40,801

At 31 March 2025

43,294

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2025

15,000

Transfer to ownership

(15,000

)

At 31 March 2026

-

DEPRECIATION

At 1 April 2025

6,562

Transfer to ownership

(6,562

)

At 31 March 2026

-

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

8,438

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2025

11

Disposals

(1

)

At 31 March 2026

10

NET BOOK VALUE

At 31 March 2026

10

At 31 March 2025

11

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

77,690

68,484

Other debtors

18,868

22,048

96,558

90,532

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,415

8,370

Hire purchase contracts

-

6,466

Payments on account

228

132

Trade creditors

50,212

70,771

Taxation and social security

37,492

21,261

Other creditors

189,134

205,077

278,481

312,077

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

1,415