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REGISTERED NUMBER: 04131500 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

R K DAVIES ENGINEERING LIMITED
R K DAVIES ENGINEERING LIMITED (REGISTERED NUMBER: 04131500)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2025




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


R K DAVIES ENGINEERING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 March 2025







DIRECTORS: Mrs M G Davies
Mr S Davies



REGISTERED OFFICE: 2nd Floor
Cumberland House
Oriel Road
Cheltenham
Gloucestershire
GL50 1BB



REGISTERED NUMBER: 04131500 (England and Wales)



ACCOUNTANTS: Mitchell Glanville Limited
2nd Floor
Cumberland House
Oriel Road
Cheltenham
Gloucestershire
GL50 1BB



BANKERS: HSBC
The Cross
Gloucester
GL1 2AP
1
R K DAVIES ENGINEERING LIMITED (REGISTERED NUMBER: 04131500)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 325,814 18,014
325,814 18,014

CURRENT ASSETS
Stocks 6 845 925
Debtors 7 31,714 128,407
Cash at bank 658,222 868,719
690,781 998,051
CREDITORS
Amounts falling due within one year 8 35,489 71,659
NET CURRENT ASSETS 655,292 926,392
TOTAL ASSETS LESS CURRENT
LIABILITIES
981,106
944,406

PROVISIONS FOR LIABILITIES 3,702 4,096
NET ASSETS 977,404 940,310

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 977,304 940,210
SHAREHOLDERS' FUNDS 977,404 940,310

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 17 November 2025 and were signed on its behalf by:



Mrs M G Davies - Director



Mr S Davies - Director


The notes form part of these financial statements

2
R K DAVIES ENGINEERING LIMITED (REGISTERED NUMBER: 04131500)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2025

1. STATUTORY INFORMATION

R K Davies 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2001, is being amortised evenly over its estimated useful life of five years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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
Computer equipment - 20% 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.

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 (2024 - 3 ) .

3
R K DAVIES ENGINEERING LIMITED (REGISTERED NUMBER: 04131500)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 March 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 463,500
AMORTISATION
At 1 April 2024
and 31 March 2025 463,500
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Freehold Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 April 2024 - 324,133 31,890 356,023
Additions 309,668 1,300 558 311,526
At 31 March 2025 309,668 325,433 32,448 667,549
DEPRECIATION
At 1 April 2024 - 308,691 29,318 338,009
Charge for year - 3,175 551 3,726
At 31 March 2025 - 311,866 29,869 341,735
NET BOOK VALUE
At 31 March 2025 309,668 13,567 2,579 325,814
At 31 March 2024 - 15,442 2,572 18,014

Included in cost of land and buildings is freehold land of £ 309,668 (2024 - £ 0 ) which is not depreciated.

6. STOCKS
2025 2024
£    £   
Stocks 845 925

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 29,561 121,094
Prepayments 2,153 7,313
31,714 128,407

4
R K DAVIES ENGINEERING LIMITED (REGISTERED NUMBER: 04131500)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 March 2025

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 3,191 4,892
Tax 24,493 42,017
VAT 5,122 22,567
Directors' loan accounts 582 82
Accrued expenses 2,101 2,101
35,489 71,659

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in creditors is an amount of £582 (2024 - £82) owing to the director, Mrs M G Davies. The loan has no set repayment terms and no interest is charged.

10. RELATED PARTY DISCLOSURES

The property that the company trades from was owned by the SIPP of the director, Mrs M G Davies until the company purchased the property during the year. Rent of £10,726 was paid to the SIPP by R K Davies Engineering Limited in the year (2024 - £23,836)

5