REGISTERED NUMBER: 08526937 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2026

for

M Connelly Engineering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Connelly

REGISTERED OFFICE:

Lyons Street

Sheffield

South Yorkshire

S4 7QS

REGISTERED NUMBER:

08526937 (England and Wales)

ACCOUNTANTS:

Camplejohn Rowan

CFC House

Acorn Business Park

Woodseats Close

Sheffield

South Yorkshire

S8 0TB

FIXED ASSETS

Tangible assets

4

24,086

19,920

CURRENT ASSETS

Debtors

5

123,822

75,151

Cash at bank

120,166

89,684

243,988

164,835

CREDITORS

Amounts falling due within one year

6

(68,019

)

(37,419

)

NET CURRENT ASSETS

175,969

127,416

TOTAL ASSETS LESS CURRENT LIABILITIES

200,055

147,336

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

200,054

147,335

SHAREHOLDERS' FUNDS

200,055

147,336

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 9 September 2026 and were signed by:

M Connelly - Director

1.	STATUTORY INFORMATION

M Connelly Engineering 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 represented by the invoicing of machining and engineering jobs net of VAT.

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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

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.

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 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 June 2025

53,031

350

18,000

71,381

Additions

10,300

-

-

10,300

At 31 May 2026

63,331

350

18,000

81,681

DEPRECIATION

At 1 June 2025

35,067

196

16,198

51,461

Charge for year

5,653

31

450

6,134

At 31 May 2026

40,720

227

16,648

57,595

NET BOOK VALUE

At 31 May 2026

22,611

123

1,352

24,086

At 31 May 2025

17,964

154

1,802

19,920

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade debtors

114,428

75,117

Other debtors

9,360

-

Prepayments

34

34

123,822

75,151

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade creditors

39,718

22,002

Tax

17,307

8,901

Social security and other taxes

693

669

VAT

9,617

5,162

Other creditors

684

685

68,019

37,419

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.26

31.5.25

value:

£

£

1

Ordinary

£1

1

1

8.

RESERVES

Retained

earnings

£

At 1 June 2025

147,335

Profit for the year

66,319

Dividends

(13,600

)

At 31 May 2026

200,054

9.	RELATED PARTY DISCLOSURES

Rent charged in the period of £13,200 (2025: £13,200) is paid to the sole Director, M. Connelly, for rental of the premises from which the business operates.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is M Connelly.

The ultimate controlling party is M Connelly.