Edwards Technical Limited - Filleted accounts

Registered number

05194544

Edwards Technical Limited

Unaudited Filleted Accounts

31 March 2025

Edwards Technical Limited
Registered number:		05194544
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		136,423			182,958

Current assets
Stocks		17,500			20,000
Debtors	4	368,789			787,877
Cash at bank and in hand		628,777			531,902
		1,015,066			1,339,779

Creditors: amounts falling due within one year	5	(173,665)			(608,468)

Net current assets			841,401			731,311

Total assets less current liabilities			977,824			914,269


Provisions for liabilities	6		(126,600)			(134,850)


Net assets			851,224			779,419

Capital and reserves
Called up share capital			2			2
Profit and loss account			851,222			779,417

Shareholders' funds			851,224			779,419

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M Lockley
Director
Approved by the board on 28 October 2025

Edwards Technical Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover / snagging costs
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes, and is recognised as earned, subject to adjustment for further work (snagging) to undertake upon projects. Snagging costs are provided for based on long-run historical costs incurred.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulated depreciation, which is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			over the lease term
	Plant and machinery			33-50% reducing balance
	Motor vehicles			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Taxation
	Tax payable on the company's taxable profits is recognised as a creditor and timing differences between the recognition of items in the accounts and for tax assessment are recognised as a deferred liability.

	Provisions
	Provisions for liabilities of uncertain timing or amount are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases under which lease payments are recognised as an expense on a straight line basis over the lease term. The leases held by the company are all considered to be operating leases.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					26		31


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	133,245		19,445		351,613		504,303
	Disposals	-		-		(18,116)		(18,116)
	At 31 March 2025	133,245		19,445		333,497		486,187

	Depreciation
	At 1 April 2024	131,775		17,295		172,275		321,345
	Charge for the year	372		539		44,576		45,487
	On disposals	-		-		(17,068)		(17,068)
	At 31 March 2025	132,147		17,834		199,783		349,764

	Net book value
	At 31 March 2025	1,098		1,611		133,714		136,423
	At 31 March 2024	1,470		2,150		179,338		182,958


4	Debtors					2025		2024
£							£

	Trade debtors					286,869		681,852
	Other debtors					81,920		106,025
						368,789		787,877


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					150,223		347,856
	Taxation and social security costs					15,916		241,662
	Other creditors					7,526		18,950
						173,665		608,468


6	Provisions for liabilities
Snagging					Deferred
costs					tax		Total
£					£		£

	At 1 April 2024			97,350		37,500		134,850
	Charged / (credited) to profit and loss			1,750		(10,000)		(8,250)

	At 31 March 2025			99,100		27,500		126,600


7	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					93,300		116,400


8	Other information

	Edwards Technical Limited is wholly-owned by Edwards Technical (Mids) Limited. Both companies are private companies limited by shares and incorporated in England and Wales. The registered office for both companies is situated at Technical House, 84 Sedgley Road, Dudley, DY1 4NG.