REGISTERED NUMBER: 05140366 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Byland Engineering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W M Frampton

J M Binns

SECRETARY:

J M Binns

REGISTERED OFFICE:

3 Concept Court

Kettlestring Lane

Clifton Moor

York

YO30 4XF

REGISTERED NUMBER:

05140366 (England and Wales)

ACCOUNTANTS:

Northern Tonic Limited

14 Clifton Moor Business Village

James Nicolson Link

York

YO30 4XG

FIXED ASSETS

Tangible assets

4

9,415

4,105

CURRENT ASSETS

Stocks

7,428

29,903

Debtors

5

212,911

145,125

Investments

6

29,925

31,455

Cash at bank

24,945

85,452

275,209

291,935

CREDITORS

Amounts falling due within one year

7

117,908

120,546

NET CURRENT ASSETS

157,301

171,389

TOTAL ASSETS LESS CURRENT LIABILITIES

166,716

175,494

PROVISIONS FOR LIABILITIES

2,354

1,026

NET ASSETS

164,362

174,468

CAPITAL AND RESERVES

Called up share capital

100

100

Capital redemption reserve

48

48

Retained earnings

164,214

174,320

164,362

174,468

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 25 November 2025 and were signed on its behalf by:

J M Binns - Director

1.	STATUTORY INFORMATION

Byland Engineering Limited is a private company, limited by shares, registered in England and Wales.

The company's registered number is 05140366 and registered office address is 3 Concept Court, Kettlestring Lane, Clifton Moor, York YO30 4XF

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 comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

Tangible fixed assets

Tangible asset are stated in the balance sheet at cost, less any subsequent accumulated depreciation. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets as follows:

Leasehold improvements - straight line over the term of the lease

Furniture and fittings - 25% straight line

Office equipment - 25% straight line

Stocks

The cost of work in progress comprises direct labour costs and those overheads that have been incurred in bringing the projects to their current position at the balance sheet date.

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.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

30,020

Additions

8,835

Disposals

(3,185

)

At 31 March 2025

35,670

DEPRECIATION

At 1 April 2024

25,915

Charge for year

3,525

Eliminated on disposal

(3,185

)

At 31 March 2025

26,255

NET BOOK VALUE

At 31 March 2025

9,415

At 31 March 2024

4,105

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

169,210

98,132

Other debtors

43,701

46,993

212,911

145,125

6.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Listed investments

29,925

31,455

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

5,263

23,612

Taxation and social security

105,210

79,805

Other creditors

7,435

17,129

117,908

120,546

8.	OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments not included in the balance sheet is £287,049 (2023 - £319,519).