REGISTERED NUMBER: 01886939 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026

FOR

SHERBURN ENGINEERING LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J L Dixon

Mrs S Dixon

REGISTERED OFFICE:

The Engineering Hangar

New Lennerton Lane

Sherburn In Elmet

Leeds

North Yorkshire

LS25 6JE

REGISTERED NUMBER:

01886939 (England and Wales)

ACCOUNTANTS:

CGA

Chartered Certified Accountants

3 & 4 Park Court

Riccall Road

Escrick

York

North Yorkshire

YO19 6ED

FIXED ASSETS

Tangible assets

4

4,662

5,552

CURRENT ASSETS

Stocks

72,570

89,234

Debtors

5

21,920

19,323

Cash at bank

111,368

39,826

205,858

148,383

CREDITORS

Amounts falling due within one year

6

66,715

85,082

NET CURRENT ASSETS

139,143

63,301

TOTAL ASSETS LESS CURRENT LIABILITIES

143,805

68,853

CREDITORS

Amounts falling due after more than one year

7

-

(5,000

)

PROVISIONS FOR LIABILITIES

(796

)

(935

)

NET ASSETS

143,009

62,918

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

142,909

62,818

143,009

62,918

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 13th July 2026 and were signed on its behalf by:

J L Dixon - Director

1.	STATUTORY INFORMATION

Sherburn Engineering Limited 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 is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income is recognised as the right to consideration becomes due. Income in respect of long-term contracts is recognised by reference to the stage of completion.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

Over term of lease

Plant and machinery

-

15% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

machinery

Totals

£

£

£

COST

At 1st April 2025

15,138

10,206

25,344

Additions

-

167

167

At 31st March 2026

15,138

10,373

25,511

DEPRECIATION

At 1st April 2025

14,093

5,699

19,792

Charge for year

419

638

1,057

At 31st March 2026

14,512

6,337

20,849

NET BOOK VALUE

At 31st March 2026

626

4,036

4,662

At 31st March 2025

1,045

4,507

5,552

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

18,122

17,603

Other debtors

3,798

1,720

21,920

19,323

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

10,000

Trade creditors

7,670

21,864

Taxation and social security

49,060

27,262

Other creditors

9,985

25,956

66,715

85,082

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

5,000

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

25,590

25,590

Between one and five years

102,362

102,362

In more than five years

153,543

179,133

281,495

307,085

9.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £2,700 (2025 - £2,700) to members of key management personnel. No interest has been charged to the company in respect of this loan which is repayable on demand and is presented within creditors due within one year.