REGISTERED NUMBER: 00654330 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

A & E SQUIRE LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

M R Squire

C E Squire

SECRETARY:

Mrs D E Sims

REGISTERED OFFICE:

61 Coltham Road

Willenhall

West Midlands

WV12 5QF

REGISTERED NUMBER:

00654330 (England and Wales)

ACCOUNTANTS:

Crombies Accountants Limited

Chartered Accountants

34 Waterloo Road

Wolverhampton

West Midlands

WV1 4DG

FIXED ASSETS

Tangible assets

4

110,188

111,104

CURRENT ASSETS

Stocks

5

39,435

42,706

Debtors

6

10,911

16,271

Prepayments and accrued income

7,875

3,377

Cash at bank and in hand

412

11,071

58,633

73,425

CREDITORS

Amounts falling due within one year

7

99,423

104,332

NET CURRENT LIABILITIES

(40,790

)

(30,907

)

TOTAL ASSETS LESS CURRENT LIABILITIES

69,398

80,197

CREDITORS

Amounts falling due after more than one year

8

(11,632

)

(17,814

)

PROVISIONS FOR LIABILITIES

(1,263

)

(1,484

)

NET ASSETS

56,503

60,899

CAPITAL AND RESERVES

Called up share capital

18,403

18,400

Retained earnings

38,100

42,499

SHAREHOLDERS' FUNDS

56,503

60,899

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 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 27 July 2026 and were signed on its behalf by:

C E Squire - Director

1.	STATUTORY INFORMATION

A & E Squire 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparation of 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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures, fittings and office equipment

-

15% on reducing balance

Computer equipment

-

25% on cost

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 taxation

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 contracts

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 defined contribution pension schemes. Contributions payable to the company's pension schemes are charged to profit or loss in the period to which they relate.

Foreign currencies

Transactions denominated in foreign currencies are translated into sterling and recorded at the rate of exchange ruling at the date of the transaction.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

and

Freehold

Plant and

office

Computer

property

machinery

equipment

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

105,000

117,863

19,803

7,729

250,395

DEPRECIATION

At 1 April 2025

-

114,307

17,763

7,221

139,291

Charge for year

-

534

306

76

916

At 31 March 2026

-

114,841

18,069

7,297

140,207

NET BOOK VALUE

At 31 March 2026

105,000

3,022

1,734

432

110,188

At 31 March 2025

105,000

3,556

2,040

508

111,104

5.

STOCKS

2026

2025

£

£

Raw materials

19,568

26,733

Goods for resale

19,867

15,973

39,435

42,706

6.

DEBTORS

2026

2025

£

£

Trade debtors

10,911

16,271

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

9,479

7,371

Trade creditors

27,048

27,270

Taxation and social security

40,177

45,658

Other creditors

22,719

24,033

99,423

104,332

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

11,632

17,814

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

19,984

25,185

The bank loan is secured by a fixed charge dated 28th June 2019 over the freehold property at 61 Coltham Road, Willenhall, West Midlands, WV12 5QF.