REGISTERED NUMBER: 03114989

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

WARING ENGINEERING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R Waring

Mrs J L Waring

SECRETARY:

Mrs J L Waring

REGISTERED OFFICE:

Unit F2, Field Industrial Estate,

Lowmoor Road,

Kirkby in Ashfield

Nottinghamshire

NG17 7LJ

REGISTERED NUMBER:

03114989

ACCOUNTANTS:

Anderson & Co

18 Diamond Avenue

Kirkby in Ashfield

Nottinghamshire

NG17 7GR

BANKERS:

National Westminster Plc

Sutton & Kirkby Branch

Portland Square

Sutton in Ashfield

Nottinghamshire

NG17 1BA

FIXED ASSETS

Tangible assets

4

132,400

CURRENT ASSETS

Stocks

18,200

Debtors

5

170,849

Cash at bank

38,995

228,044

CREDITORS

Amounts falling due within one year

6

263,479

NET CURRENT LIABILITIES

(35,435

)

TOTAL ASSETS LESS CURRENT LIABILITIES

96,965

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

96,865

SHAREHOLDERS' FUNDS

96,965

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 31 October 2026 and were signed on its behalf by:

Mr R Waring - Director

1.	STATUTORY INFORMATION

Waring Engineering Limited is a private company, limited by shares , registered in Not specified/Other. 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 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.

Plant and machinery

-

15% on reducing balance

Office equipment & fittings

-

33% on reducing balance and 15% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 .

4.	TANGIBLE FIXED ASSETS

Office

Plant and

equipment

Motor

Computer

machinery

& fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2025

507,477

63,997

45,170

-

616,644

Additions

5,903

-

-

2,933

8,836

At 31 January 2026

513,380

63,997

45,170

2,933

625,480

DEPRECIATION

At 1 February 2025

399,577

61,497

20,170

-

481,244

Charge for year

5,903

-

3,000

2,933

11,836

At 31 January 2026

405,480

61,497

23,170

2,933

493,080

NET BOOK VALUE

At 31 January 2026

107,900

2,500

22,000

-

132,400

At 31 January 2025

107,900

2,500

25,000

-

135,400

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

38,922

Amounts recoverable on contract

74,619

Prepayments

57,308

170,849

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

4,131

Trade creditors

81,065

PAYE & national insurance

9,393

Value added tax

28,384

Directors' current accounts

107,551

Accruals

32,955

263,479

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr R Waring.

The ultimate controlling party is Mr R Waring.