QED Engineering Limited - Filleted accounts

Registered number

08039586

QED Engineering Limited

Filleted Accounts

31 July 2026

QED Engineering Limited
Registered number:		08039586
Balance Sheet
as at 31 July 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		77,583			59,302

Current assets
Debtors	4	244,466			200,625
Cash at bank and in hand		452,369			358,042
		696,835			558,667

Creditors: amounts falling due within one year	5	(187,383)			(134,523)

Net current assets			509,452			424,144

Total assets less current liabilities			587,035			483,446

Creditors: amounts falling due after more than one year	6		(63,602)			-

Provisions for liabilities			(7,417)			(14,825)


Net assets			516,016			468,621

Capital and reserves
Called up share capital			100			100
Profit and loss account			515,916			468,521

Shareholders' funds			516,016			468,621

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Dominic Latham
Director
Approved by the board on 18 September 2026

QED Engineering Limited
Notes to the Accounts
for the year ended 31 July 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years
	Motor vehicles	over 5 years

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.






2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			11		11


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 August 2025	65,969		50,900		116,869
	Additions	3,734		55,712		59,446
	Disposals	(3,615)		(50,900)		(54,515)
	At 31 July 2026	66,088		55,712		121,800

	Depreciation
	At 1 August 2025	36,359		21,208		57,567
	Charge for the year	9,868		10,260		20,128
	On disposals	(2,938)		(30,540)		(33,478)
	At 31 July 2026	43,289		928		44,217

	Net book value
	At 31 July 2026	22,799		54,784		77,583
	At 31 July 2025	29,610		29,692		59,302


4	Debtors			2026		2025
£					£

	Trade debtors			168,648		142,260
	Other debtors			75,818		58,365
				244,466		200,625


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			-		8,333
	Obligations under finance lease and hire purchase contracts			11,100		-
	Trade creditors			13,142		12,497
	Taxation and social security costs			156,652		103,883
	Other creditors			6,489		9,810
				187,383		134,523






6	Creditors: amounts falling due after one year			2026		2025
£					£

	Obligations under finance lease and hire purchase contracts			63,602		-


7	Other financial commitments			2026		2025
£					£

	Total future minimum payments under non-cancellable operating leases			32,153		9,375


8	Controlling party

	The company is controlled by the directors.


9	Other information

	QED Engineering Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 2 Blakeway Farm Buildings
	Blakeway Farm
	Wedmore
	Somerset
	BS28 4UB