REGISTERED NUMBER: 01330011 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Woodley Engineering (Stockport) Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

33,400

37,575

Tangible assets

5

721,397

783,585

754,797

821,160

CURRENT ASSETS

Stocks

101,205

99,175

Debtors

6

89,885

69,710

Cash at bank and in hand

213,440

205,852

404,530

374,737

CREDITORS

Amounts falling due within one year

7

(113,967

)

(99,426

)

NET CURRENT ASSETS

290,563

275,311

TOTAL ASSETS LESS CURRENT LIABILITIES

1,045,360

1,096,471

CREDITORS

Amounts falling due after more than one year

8

-

(16,234

)

PROVISIONS FOR LIABILITIES

(114,465

)

(123,209

)

NET ASSETS

930,895

957,028

CAPITAL AND RESERVES

Called up share capital

42,745

42,745

Capital redemption reserve

36,110

36,110

Fair value reserve

10

373,801

373,801

Retained earnings

478,239

504,372

SHAREHOLDERS' FUNDS

930,895

957,028

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 20 August 2026 and were signed on its behalf by:

Mrs D Cummings - Director

1.	STATUTORY INFORMATION

Woodley Engineering (Stockport) Limited 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:

01330011

Registered office:

Whitefield Road

Bredbury

Stockport

Cheshire

SK6 2QR

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, net of VAT and trade discounts.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on despatch of the goods.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty 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 the cost less estimated residual value of 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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Office equipment

-

33% 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 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 held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet as tangible fixed assets and are depreciated over the shorter of the lease term and their useful lives. The capital elements of future obligations under the leases are included as liabilities in the balance sheet. The interest element of the rental obligation is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Assets held under hire purchase agreements are capitalised as tangible fixed assets and are depreciated over the shorter of the lease term and their useful lives. The capital element of future finance payments is included within creditors. Finance charges are allocated to accounting periods over the length of the contract and represent a constant proportion of the balance of capital repayments outstanding.

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 9 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

83,500

AMORTISATION

At 1 January 2025

45,925

Amortisation for year

4,175

At 31 December 2025

50,100

NET BOOK VALUE

At 31 December 2025

33,400

At 31 December 2024

37,575

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Office

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

450,000

1,393,066

51,502

13,698

1,908,266

Disposals

-

(409,567

)

(12,704

)

(4,860

)

(427,131

)

At 31 December 2025

450,000

983,499

38,798

8,838

1,481,135

DEPRECIATION

At 1 January 2025

-

1,061,092

49,891

13,698

1,124,681

Charge for year

-

47,767

95

-

47,862

Eliminated on disposal

-

(396,038

)

(11,907

)

(4,860

)

(412,805

)

At 31 December 2025

-

712,821

38,079

8,838

759,738

NET BOOK VALUE

At 31 December 2025

450,000

270,678

719

-

721,397

At 31 December 2024

450,000

331,974

1,611

-

783,585

The freehold property was valued by Roberts & Roberts Chartered Surveyors who are external to the company. The basis of this valuation was open market valuation.

The director is of the opinion that this valuation is still accurate in the market as of the year end.

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

Plant and

machinery

£

COST

At 1 January 2025

and 31 December 2025

232,985

DEPRECIATION

At 1 January 2025

66,042

Charge for year

18,611

At 31 December 2025

84,653

NET BOOK VALUE

At 31 December 2025

148,332

At 31 December 2024

166,943

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

86,335

66,171

Other debtors

3,550

3,539

89,885

69,710

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

16,234

41,044

Trade creditors

45,043

16,724

Taxation and social security

48,525

39,388

Other creditors

4,165

2,270

113,967

99,426

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

-

16,234

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Hire purchase contracts

16,234

57,278

Hire purchase creditors are secured on the assets to which they relate.

10.

RESERVES

Fair

value

reserve

£

At 1 January 2025

and 31 December 2025

373,801