Bingham Precision Engineers Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04987258 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Bingham Precision Engineers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr W Bingham

SECRETARY:

Mrs S Bingham

REGISTERED OFFICE:

Broom House

39/43 London Road

Hadleigh

Benfleet

Essex

SS7 2QL

REGISTERED NUMBER:

04987258 (England and Wales)

ACCOUNTANTS:

BPSL

Brooms Professional Services Limited

Chartered Certified Accountants

Broom House

39/43 London Road

Hadleigh, Benfleet

Essex

SS7 2QL

FIXED ASSETS

Tangible assets

4

10,526

14,034

CURRENT ASSETS

Debtors

5

137,712

121,552

Cash at bank

3,066

111

140,778

121,663

CREDITORS

Amounts falling due within one year

6

167,006

158,070

NET CURRENT LIABILITIES

(26,228

)

(36,407

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(15,702

)

(22,373

)

CREDITORS

Amounts falling due after more than one
year

7

(1,254

)

(21,084

)

PROVISIONS FOR LIABILITIES

6,326

8,175

NET LIABILITIES

(10,630

)

(35,282

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(10,730

)

(35,382

)

(10,630

)

(35,282

)

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 12 August 2026 and were signed by:

Mr W Bingham - Director

1.	STATUTORY INFORMATION

Bingham Precision Engineers 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.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Hire purchase and leasing commitments

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 5 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Equipment

Totals

£

COST

At 1 April 2025

and 31 March 2026

368,630

10,464

4,357

383,451

DEPRECIATION

At 1 April 2025

355,417

10,184

3,816

369,417

Charge for year

3,303

70

135

3,508

At 31 March 2026

358,720

10,254

3,951

372,925

NET BOOK VALUE

At 31 March 2026

9,910

210

406

10,526

At 31 March 2025

13,213

280

541

14,034

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

105,313

82,204

Other debtors

15,756

22,739

Directors' current accounts

7,678

9,138

Prepayments and accrued income

8,965

7,471

137,712

121,552

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts

21,227

26,304

Hire purchase contracts

31,453

27,233

Trade creditors

72,605

68,944

Tax

5,008

-

Social security and other taxes

9,762

9,675

VAT

24,054

23,156

Pension fund

647

508

Accrued expenses

2,250

167,006

158,070

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.26

31.3.25

£

Hire purchase contracts

1,254

21,084