ACCOUNTS - Final Accounts preparation

Registered number: 05297141

DAVID UTTING ENGINEERING LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2025


DAVID UTTING ENGINEERING LIMITED REGISTERED NUMBER:05297141

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		2,501		2,500
Investment property			1,328,042		1,266,418
			1,330,543		1,268,918
Current assets
Debtors: amounts falling due within one year	6	958,009		1,380
		958,009		1,380
Creditors: amounts falling due within one year	7	(20,362)		(23,352)
Net current assets/(liabilities)			937,647		(21,972)
Total assets less current liabilities			2,268,190		1,246,946

Net assets			2,268,190		1,246,946

Capital and reserves
Called up share capital	2,500	2,500
Profit and loss account	2,265,690	1,244,446
	2,268,190	1,246,946

Page 1


DAVID UTTING ENGINEERING LIMITED REGISTERED NUMBER:05297141

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

D J Utting

Director

Date: 30 September 2026

The notes on pages 3 to 6 form part of these financial statements.

Page 2


DAVID UTTING ENGINEERING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

David Utting Engineering Ltd is a private company, limited by shares, incorporated in England and Wales. The company registration number is 05297141 and the registered office address is 2 Goldsmith Street, Norwich, Norfolk, NR2 4QE.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The directors are continually assessing the impact of the current economic climate. They have not
encountered any significant adverse impacts as a result, and have traded profitably. Therefore, the
directors deem it appropriate to prepare the accounts on a going concern basis.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3


DAVID UTTING ENGINEERING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.6

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 4


DAVID UTTING ENGINEERING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2025	2,500
	Additions	1
	At 31 December 2025	2,501

5.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 January 2025	1,266,418
	Additions at cost	61,624
	At 31 December 2025	1,328,042

The 2025 valuations were made by the directors, on an open market value basis.

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	956,805	-
Prepayments and accrued income	1,204	1,380
	958,009	1,380

Page 5


DAVID UTTING ENGINEERING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Amounts owed to group undertakings	1	9,913
Corporation tax	5,852	3,872
Other creditors	8,484	4,242
Accruals and deferred income	6,025	5,325
	20,362	23,352

Page 6