REGISTERED NUMBER: 07919019 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Endeavour Drilling Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Rose

M Somerville

A Phipps

REGISTERED OFFICE:

Unit 7 Mapledean Industrial Estate

Maldon Road

Latchingdon

Essex

CM3 6LG

REGISTERED NUMBER:

07919019 (England and Wales)

ACCOUNTANTS:

Townsend & Co Accountants Limited

Office 3

Kings Head Centre

38 High Street

Maldon

Essex

CM9 5PN

FIXED ASSETS

Tangible assets

4

724,444

663,224

CURRENT ASSETS

Stocks

39,984

17,814

Debtors

5

626,405

396,873

Cash at bank and in hand

312,516

435,860

978,905

850,547

CREDITORS

Amounts falling due within one year

6

571,215

550,493

NET CURRENT ASSETS

407,690

300,054

TOTAL ASSETS LESS CURRENT LIABILITIES

1,132,134

963,278

CREDITORS

Amounts falling due after more than one year

7

153,559

87,001

NET ASSETS

978,575

876,277

CAPITAL AND RESERVES

Called up share capital

201

201

Revaluation reserve

8

237,676

237,676

Retained earnings

740,698

638,400

SHAREHOLDERS' FUNDS

978,575

876,277

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 8 July 2026 and were signed on its behalf by:

C Rose - Director

M Somerville - Director

A Phipps - Director

1.	STATUTORY INFORMATION

Endeavour Drilling 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 30 (2025 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST OR VALUATION

At 1 February 2025

1,316,395

Additions

165,751

Disposals

(21,949

)

At 31 January 2026

1,460,197

DEPRECIATION

At 1 February 2025

653,171

Charge for year

99,159

Eliminated on disposal

(16,577

)

At 31 January 2026

735,753

NET BOOK VALUE

At 31 January 2026

724,444

At 31 January 2025

663,224

Cost or valuation at 31 January 2026 is represented by:

Plant and

machinery

etc

£

Valuation in 2012

17,750

Valuation in 2016

60,199

Valuation in 2019

131,610

Valuation in 2022

28,117

Cost

1,222,521

1,460,197

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

530,279

345,920

Other debtors

96,126

50,953

626,405

396,873

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

9,799

10,690

Hire purchase contracts

53,802

43,384

Trade creditors

279,692

294,303

Taxation and social security

206,492

166,630

Other creditors

21,430

35,486

571,215

550,493

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans

-

11,580

Hire purchase contracts

153,559

75,421

153,559

87,001

8.

RESERVES

Revaluation

reserve

£

At 1 February 2025

and 31 January 2026

237,676