REGISTERED NUMBER: 04504809 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 October 2025

for

A C Haines Engineering Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

33,440

42,154

33,440

42,154

CURRENT ASSETS

Stocks

80,998

69,530

Debtors

6

240,054

244,717

Cash at bank

3,581

3,983

324,633

318,230

CREDITORS

Amounts falling due within one year

7

401,929

381,320

NET CURRENT LIABILITIES

(77,296

)

(63,090

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(43,856

)

(20,936

)

CREDITORS

Amounts falling due after more than one year

8

(1,132

)

(14,576

)

PROVISIONS FOR LIABILITIES

(5,485

)

(6,950

)

NET LIABILITIES

(50,473

)

(42,462

)

CAPITAL AND RESERVES

Called up share capital

260

260

Retained earnings

(50,733

)

(42,722

)

SHAREHOLDERS' FUNDS

(50,473

)

(42,462

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 1 July 2026 and were signed on its behalf by:

A L Chanter - Director

K Gibson - Director

1.	STATUTORY INFORMATION

A C Haines Engineering Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04504809

Registered office:

Harscombe House

1 Darklake View

Estover

Plymouth

Devon

PL6 7TL

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, excluding discounts, rebates, value added tax and other sales taxes.

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 and 20% 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.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 14 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

43,080

AMORTISATION

At 1 November 2024

and 31 October 2025

43,080

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

and 31 October 2025

273,462

DEPRECIATION

At 1 November 2024

231,308

Charge for year

8,714

At 31 October 2025

240,022

NET BOOK VALUE

At 31 October 2025

33,440

At 31 October 2024

42,154

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

Plant and

machinery

etc

£

COST

At 1 November 2024

and 31 October 2025

1,758

DEPRECIATION

At 1 November 2024

and 31 October 2025

979

NET BOOK VALUE

At 31 October 2025

779

At 31 October 2024

779

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

206,088

203,375

Other debtors

33,966

41,342

240,054

244,717

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

5,454

10,909

Hire purchase contracts and finance leases (see note 9)

7,990

8,100

Trade creditors

61,679

54,993

Taxation and social security

145,597

111,068

Other creditors

181,209

196,250

401,929

381,320

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

-

5,454

Hire purchase contracts and finance leases (see note 9)

1,132

9,122

1,132

14,576

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

Finance leases

31.10.25

31.10.24

31.10.25

31.10.24

£

£

£

£

Net obligations repayable:

Within one year

7,990

7,990

-

110

Between one and five years

1,132

9,122

-

-

9,122

17,112

-

110

Non-cancellable

operating leases

31.10.25

31.10.24

£

£

Within one year

29,950

30,650

Between one and five years

3,313

33,263

33,263

63,913

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Hire purchase contracts and finance leases

9,122

17,222

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2025 and 31 October 2024:

31.10.25

31.10.24

£

£

K Gibson

Balance outstanding at start of year

6,360

7,672

Amounts repaid

(312

)

(1,312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,048

6,360

A L Chanter

Balance outstanding at start of year

7,827

9,139

Amounts repaid

(312

)

(1,312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,515

7,827

No interest has been charged and the overdrawn balance is repayable on demand.