M & P (RUGBY) LIMITED


Directors	HOBBS, Paul Vincent
	SERCOMBE, Martin James


Registered Address	Chestnut Field House
	Chestnut Field
	Rugby
	CV21 2PD


Registered Number	07682088 (England and Wales)

Balance Sheet as at
30 June 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		18,627		24,485
			18,627		24,485
Current assets
Stocks	4	30,000		19,600
Debtors		61,010		54,728
		91,010		74,328
Creditors amounts falling due within one year		(104,600)		(67,315)
Net current assets (liabilities)			(13,590)		7,013
Total assets less current liabilities			5,037		31,498
Creditors amounts falling due after one year			-		(5,253)
Provisions for liabilities	5		(4,657)		(6,121)
Net assets			380		20,124
Capital and reserves
Called up share capital			100		100
Profit and loss account			280		20,024
Shareholders' funds			380		20,124

The company was entitled to exemption from audit for this reporting period 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 1 October 2025, and are signed on its behalf by:

SERCOMBE, Martin James
Director
Registered Company No. 07682088

M & P (RUGBY) LIMITED

Notes to the Financial Statements
for the year ended 30 June 2025

1.	Accounting policies

	Statutory information
	M & P (Rugby) 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.

	Statement of compliance
	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.

	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).

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing 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 transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing 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 transition can be measured reliably.

	Employee 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.

	Current 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.

Current 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.

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	10

	Finance leases and hire purchase contracts
	Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	8		8

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 July 24	63,861	63,861
At 30 June 25	63,861	63,861
Depreciation and impairment
At 01 July 24	39,376	39,376
Charge for year	5,858	5,858
At 30 June 25	45,234	45,234
Net book value
At 30 June 25	18,627	18,627
At 30 June 24	24,485	24,485

4.	Stocks

	2025	2024
	£	£
Finished goods	30,000	19,600
Total	30,000	19,600

5.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	4,657	6,121
Total	4,657	6,121

6.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
SERCOMBE, Martin James	0	3,110	0	3,110
	0	3,110	0	3,110


	During the year, the company made an advance to the Directors totalling £3,110. The advance is interest free and repayable on demand.