REGISTERED NUMBER: 09533533 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 October 2025

for

FLUID ENGINEERING UK LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S Dawson

J T Dawson

REGISTERED OFFICE:

Unit A

Maritime Business Park

Dock Road

Birkenhead

Merseyside

CH41 1AQ

REGISTERED NUMBER:

09533533 (England and Wales)

ACCOUNTANTS:

LBW Chartered Accountants

Enterprise House

The Courtyard

Old Courthouse Road

Bromborough

Merseyside

CH62 4UE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

163,133

287,534

163,133

287,534

CURRENT ASSETS

Stocks

111,131

87,876

Debtors

6

929,220

929,892

Cash at bank

5,131

17,502

1,045,482

1,035,270

CREDITORS

Amounts falling due within one year

7

1,015,178

940,683

NET CURRENT ASSETS

30,304

94,587

TOTAL ASSETS LESS CURRENT LIABILITIES

193,437

382,121

CREDITORS

Amounts falling due after more than one year

8

52,591

130,792

NET ASSETS

140,846

251,329

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

140,746

251,229

SHAREHOLDERS' FUNDS

140,846

251,329

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 29 July 2026 and were signed on its behalf by:

J T Dawson - Director

1.	STATUTORY INFORMATION

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

10% on reducing balance pro rata

Fixtures and fittings

-

10% on reducing balance pro rata

Motor vehicles

-

10% on reducing balance pro rata

Computer equipment

-

33% on cost

No depreciation in year of acquisition.

Stocks

Stocks 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.

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 13 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 31 October 2024

and 30 October 2025

11,400

AMORTISATION

At 31 October 2024

and 30 October 2025

11,400

NET BOOK VALUE

At 30 October 2025

-

At 30 October 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 31 October 2024

367,975

Disposals

(118,082

)

At 30 October 2025

249,893

DEPRECIATION

At 31 October 2024

80,441

Charge for year

18,127

Eliminated on disposal

(11,808

)

At 30 October 2025

86,760

NET BOOK VALUE

At 30 October 2025

163,133

At 30 October 2024

287,534

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

Plant and

machinery

etc

£

COST

At 31 October 2024

188,907

Disposals

(118,082

)

At 30 October 2025

70,825

DEPRECIATION

At 31 October 2024

11,808

Charge for year

7,083

Eliminated on disposal

(11,808

)

At 30 October 2025

7,083

NET BOOK VALUE

At 30 October 2025

63,742

At 30 October 2024

177,099

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.10.25

30.10.24

£

£

Trade debtors

578,117

528,901

Other debtors

351,103

400,991

929,220

929,892

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.10.25

30.10.24

£

£

Bank loans and overdrafts

16,653

27,273

Hire purchase contracts

8,960

32,493

Trade creditors

188,331

228,249

Taxation and social security

304,801

215,711

Other creditors

496,433

436,957

1,015,178

940,683

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.10.25

30.10.24

£

£

Bank loans

-

15,909

Hire purchase contracts

52,591

114,883

52,591

130,792

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.10.25

30.10.24

£

£

Invoice financing

488,990

427,215

Included within other creditors is an amount of £488,990 (2024:£427,315) in respect of sales invoice discounting. This amount is secured over specific book debts.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.10.25

30.10.24

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Retained

earnings

£

At 31 October 2024

251,229

Profit for the year

265,908

Dividends

(376,391

)

At 30 October 2025

140,746

12.	ULTIMATE CONTROLLING PARTY

The company is under the joint control of Mr J T Dawson and Mrs S Dawson.