Nick Ryden Motor Engineers Ltd Accounts






Nick Ryden Motor Engineers Ltd

	Company No. 05667921
		Information for Filing with The Registrar
		28 February 2025

at	28 February 2025
Company No.		05667921	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		4	34,913	48,802


				34,913	48,802
Current assets
	Stocks		5	6,355	6,230
	Debtors		6	141,608	83,629

	Cash at bank and in hand			110,652	96,882
				258,615	186,741
Creditors: Amount falling due within one year			7	(50,634)	(19,359)
Net current assets				207,981	167,382
Total assets less current liabilities				242,894	216,184
Creditors: Amounts falling due after more than one year			8	(10,742)	(30,028)



Net assets				232,152	186,156

Capital and reserves
	Called up share capital			2	2



	Profit and loss account		9	232,150	186,154

Total equity				232,152	186,156



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 13 November 2025 and signed on its behalf by:
S. Sweeting-Dawson
Director
13 November 2025

for the year ended 28 February 2025

General information

Nick Ryden Motor Engineers Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 05667921

Its registered office is:

70 Stocks Way

Shepley

Huddersfield

HD8 8DN

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

10% reducing balance

Motor vehicles

25% straight line

Taxation

Income tax expense represents the sum of the tax currently payable.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	5	5

4	Tangible fixed assets
			Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£
		Cost or revaluation
		At 1 March 2024	41,893	51,480	3,423	96,796




		At 28 February 2025	41,893	51,480	3,423	96,796
		Depreciation
		At 1 March 2024	31,701	12,870	3,423	47,994
		Charge for the year	1,019	12,870	-	13,889



		At 28 February 2025	32,720	25,740	3,423	61,883
		Net book values
		At 28 February 2025	9,173	25,740	-	34,913
		At 29 February 2024	10,192	38,610	-	48,802

5	Stocks
			2025	2024
			£	£
		Raw materials and consumables	6,355	6,230


			6,355	6,230

6	Debtors
			2025	2024
			£	£
		Trade debtors	7,893	7,924





		Other debtors	133,715	75,705

			141,608	83,629

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


		Other loans	10,200	-



		Taxes and social security	39,699	18,968
		Loans from directors	-	36

		Accruals and deferred income	735	355
			50,634	19,359

8	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£


		Other loans	10,742	30,028





			10,742	30,028

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

10	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	27,842	49,800

			27,842	49,800

		Dividends by type:
		Non-equity preference dividends	-	-
		Equity dividends	27,842	49,800
			27,842	49,800