REGISTERED NUMBER: 04564763 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st July 2025

for

Gleve Engineering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J Robinson

B Robinson

SECRETARY:

Mrs J Robinson

REGISTERED OFFICE:

Unit 3

Lee Mills Industrial Estate

Scholes

HOLMFIRTH

West Yorkshire

HD9 1RT

REGISTERED NUMBER:

04564763 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

157,623

188,317

157,623

188,317

CURRENT ASSETS

Debtors

6

41,337

83,154

Cash at bank and in hand

66,469

104,334

107,806

187,488

CREDITORS

Amounts falling due within one year

7

90,368

156,093

NET CURRENT ASSETS

17,438

31,395

TOTAL ASSETS LESS CURRENT LIABILITIES

175,061

219,712

CREDITORS

Amounts falling due after more than one year

8

-

(4,099

)

PROVISIONS FOR LIABILITIES

(39,406

)

(47,080

)

NET ASSETS

135,655

168,533

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

135,555

168,433

SHAREHOLDERS' FUNDS

135,655

168,533

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st July 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 24th November 2025 and were signed on its behalf by:

B Robinson - Director

1.	STATUTORY INFORMATION

Gleve 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.

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 2002, is being amortised evenly over its estimated useful life of ten 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

10% Straight Line Basis

Fixtures and fittings

-

15% on Reducing Balance

Motor vehicles

-

25% on Reducing Balance

Computer equipment

-

33.3% Straight Line Basis

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are recognised at amortised cost with changes recognised in the income statement.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 5 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st August 2024

and 31st July 2025

14,000

AMORTISATION

At 1st August 2024

and 31st July 2025

14,000

NET BOOK VALUE

At 31st July 2025

-

At 31st July 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st August 2024

and 31st July 2025

420,825

DEPRECIATION

At 1st August 2024

232,508

Charge for year

30,694

At 31st July 2025

263,202

NET BOOK VALUE

At 31st July 2025

157,623

At 31st July 2024

188,317

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1st August 2024

and 31st July 2025

133,353

DEPRECIATION

At 1st August 2024

53,314

Charge for year

13,336

At 31st July 2025

66,650

NET BOOK VALUE

At 31st July 2025

66,703

At 31st July 2024

80,039

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

38,752

76,439

Other debtors

2,585

6,715

41,337

83,154

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Hire purchase contracts

4,099

24,598

Trade creditors

2,207

6,936

Taxation and social security

23,296

50,200

Other creditors

60,766

74,359

90,368

156,093

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Hire purchase contracts

-

4,099

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

50

A Ordinary shares

£1

50

50

25

B Ordinary shares

£1

25

25

25

C Ordinary shares

£1

25

25

100

100