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Company registration number:
04131869
J.B. Engineering (Hatton) Ltd.
Unaudited Filleted Financial Statements for the year ended
28 February 2026
J.B. Engineering (Hatton) Ltd.
Report to the board of directors on the preparation of the unaudited statutory financial statements of J.B. Engineering (Hatton) Ltd.
Year ended
28 February 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements
of
J.B. Engineering (Hatton) Ltd.
for the year ended
28 February 2026
which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Members/​Doc/​rule/​2018-rulebook.pdf.
This report is made solely to the Board of Directors of
J.B. Engineering (Hatton) Ltd.
, as a body, in accordance with the terms of our engagement letter dated 19 May 2026. Our work has been undertaken solely to prepare for your approval the
financial statements
of
J.B. Engineering (Hatton) Ltd.
and state those matters that we have agreed to state to the Board of Directors of
J.B. Engineering (Hatton) Ltd.
, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Technical/​fact/​tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
J.B. Engineering (Hatton) Ltd.
and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that
J.B. Engineering (Hatton) Ltd.
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
J.B. Engineering (Hatton) Ltd.
. You consider that
J.B. Engineering (Hatton) Ltd.
is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of J.B. Engineering (Hatton) Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Emery & Co Accountants Limited
The Old Cottage Hospital
Leicester Road
Ashby-De-La-Zouch
LE65 1DB
United Kingdom
Date:
5 August 2026
J.B. Engineering (Hatton) Ltd.
Statement of Financial Position
28 February 2026

|  | 2026 | 2025
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 5 | 952,623 |  | 1,044,955 |
Current assets |  |  |  |  |
Stocks |  | 91,860 |  | 89,510 |
Debtors | 6 | 322,997 |  | 365,386 |
Cash at bank and in hand |  | 915,456 |  | 852,149 |
|  | 1,330,313 |  | 1,307,045 |
Creditors: amounts falling due within one year | 7 | (238,857 | ) | (310,297 | )
Net current assets |  | 1,091,456 |  | 996,748 |
Total assets less current liabilities |  | 2,044,079 |  | 2,041,703 |
Creditors: amounts falling due after more than one year | 8 | (100,848 | ) | (148,787 | )
Provisions for liabilities |  | (171,915 | ) | (194,998 | )
Net assets |  | 1,771,316 |  | 1,697,918 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 1,000 |  | 1,000 |
Profit and loss account |  | 1,770,316 |  | 1,696,918 |
Shareholders funds |  | 1,771,316 |  | 1,697,918 |

For the year ending
28 February 2026
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
5 August 2026
, and are signed on behalf of the board by:

J Bellenie
Director

Company registration number:
04131869
J.B. Engineering (Hatton) Ltd.
Notes to the Financial Statements
Year ended
28 February 2026

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Scropton Road
,
Hatton
,
Derbyshire
,
DE65 5DS
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Going concern

These financial statements are prepared on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. The directors have considered available cash resources over the next 12 months and they feel that the company is in a position to meet its liabilities as and when they fall due for a period of at least 12 months from the signing of these financial statements.

## Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

## Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Land and buildings | None
Plant and machinery | 15-35% Reducing Balance
Office equipment | 33.3% straight line

## Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

## Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials, and where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is immediately recognised in the profit or loss.

## Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

## Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the entity will comply with the conditions attaching to them and the grants will be received.
Government grants are recognised using the accrual model and the performance model.
Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.
Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset.
Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

## Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

## Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

## Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

## Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

## Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risk and rewards of ownership to the lessee.
Assets held under finance lease are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight line basis over the shorter of the useful life and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and a reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

## Borrowings

Interest bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has the unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

## 4 Average number of employees

The average number of persons employed by the company during the year was
27
(2025:
27.00
).

## 5 Tangible assets

| Land and buildings | Plant and machinery etc. | Total
--- | --- | --- | ---
| £ | £ | £
Cost |  |  |  |  |  |
At 1 March 2025 | 264,963 |  | 1,207,719 |  | 1,472,682 |
Additions | - |  | 31,928 |  | 31,928 |
At 28 February 2026 | 264,963 |  | 1,239,647 |  | 1,504,610 |
Depreciation |  |  |  |  |  |
At 1 March 2025 | - |  | 427,727 |  | 427,727 |
Charge | - |  | 124,260 |  | 124,260 |
At 28 February 2026 | - |  | 551,987 |  | 551,987 |
Carrying amount |  |  |  |  |  |
At 28 February 2026 | 264,963 |  | 687,660 |  | 952,623 |
At 28 February 2025 | 264,963 |  | 779,992 |  | 1,044,955 |

## 6 Debtors

| 2026 | 2025
--- | --- | ---
| £ | £
Trade debtors | 283,752 |  | 269,417 |
Other debtors | 39,245 |  | 95,969 |
| 322,997 |  | 365,386 |

## 7 Creditors: amounts falling due within one year

| 2026 | 2025
--- | --- | ---
| £ | £
Trade creditors | 88,684 |  | 62,143 |
Taxation and social security | 69,938 |  | 83,611 |
Other creditors | 80,235 |  | 164,543 |
| 238,857 |  | 310,297 |

## 8 Creditors: amounts falling due after more than one year

| 2026 | 2025
--- | --- | ---
| £ | £
Other creditors | 100,848 |  | 148,787 |

## 9 Related party transactions

Included in other debtors is an amount owed to the company of £8,196 (2025 : £5,020) from the director J Bellenie.
Included in other debtors is an amount owed to the company of £9,547 (2025 : £9,865) from the director N Evans.
The overdrawn directors loan account balances were repaid within 9 months of the year end.

## 10 Controlling party

The company is controlled by Neil Evans by virtue of his shareholding.