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Company Registration No. 07264247 (England and Wales)
PJ RHODES CONSULTANCY LIMITED Unaudited accounts for the year ended 31 May 2025
PJ RHODES CONSULTANCY LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PJ RHODES CONSULTANCY LIMITED Company Information for the year ended 31 May 2025
Director
Philip Rhodes
Company Number
07264247 (England and Wales)
Registered Office
8 Winthorpe Road Doddington Park Lincoln Lincolnshire LN6 3PG
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA Templar Accounting & Business Support Services Limited (Incorp: Blake and Co ) 112 - 113 High Street, Lincoln, Lincolnshire LN5 7PY
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PJ RHODES CONSULTANCY LIMITED Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
6,523
7,326
Current assets
Cash at bank and in hand
3,096
3,067
Creditors: amounts falling due within one year
5
(4,888)
(4,500)
Net current liabilities
(1,792)
(1,433)
Total assets less current liabilities
4,731
5,893
Provisions for liabilities
Deferred tax
6
(2,399)
(2,551)
Net assets
2,332
3,342
Capital and reserves
Called up share capital
7
1
1
Profit and loss account
2,331
3,341
Shareholders' funds
2,332
3,342
For the year ending 31 May 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 August 2025 and were signed on its behalf by
Philip Rhodes Director Company Registration No. 07264247
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PJ RHODES CONSULTANCY LIMITED Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
PJ RHODES CONSULTANCY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07264247. The registered office is 8 Winthorpe Road, Doddington Park, Lincoln, Lincolnshire, LN6 3PG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing balance
Computer equipment
20% Reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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PJ RHODES CONSULTANCY LIMITED Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 June 2024
20,499
650
21,149
Additions
-
915
915
At 31 May 2025
20,499
1,565
22,064
Depreciation
At 1 June 2024
13,661
162
13,823
Charge for the year
1,367
351
1,718
At 31 May 2025
15,028
513
15,541
Net book value
At 31 May 2025
5,471
1,052
6,523
At 31 May 2024
6,838
488
7,326
5
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
1,753
1,287
Taxes and social security
2,285
2,363
Loans from directors
40
40
Accruals
810
810
4,888
4,500
6
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
2,399
2,551
2025
2024
£
£
Provision at start of year
2,551
2,783
Credited to the profit and loss account
(152)
(232)
Provision at end of year
2,399
2,551
A cumulative deferred taxation reserve has been created of some £2,399, due to accelerated capital allowances. This reserve will reverse in future periods and create a tax liability at the prevailing rate on the day
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
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PJ RHODES CONSULTANCY LIMITED Notes to the Accounts for the year ended 31 May 2025
8
Capital commitments
2025
2024
£
£
No capital commitments have been made at the authorizing date of these statements
9
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Philip Rhodes
Unsecured Loan to the Company
727
-
-
727
727
-
-
727
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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