REGISTERED NUMBER: 09104077 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Rob Foy Engineering Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R A Foy

SECRETARY:

REGISTERED OFFICE:

4 Bank Top Cottage

Clitheroe Road

Knowle Green

Preston

PR3 2YQ

REGISTERED NUMBER:

09104077 (England and Wales)

ACCOUNTANTS:

Towers + Gornall Ltd

Chartered Certified Accountants

River View

96 High Street

Garstang

Preston

Lancashire

PR3 1WZ

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

383,404

421,355

383,404

421,355

CURRENT ASSETS

Inventories

1,000

1,000

Debtors

6

350,948

294,468

Cash at bank

-

20,654

351,948

316,122

CREDITORS

Amounts falling due within one year

7

240,287

191,038

NET CURRENT ASSETS

111,661

125,084

TOTAL ASSETS LESS CURRENT LIABILITIES

495,065

546,439

CREDITORS

Amounts falling due after more than one year

8

(77,623

)

(111,057

)

PROVISIONS FOR LIABILITIES

(92,331

)

(101,100

)

NET ASSETS

325,111

334,282

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

325,101

334,272

325,111

334,282

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 director acknowledges his 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 director and authorised for issue on 17 December 2025 and were signed by:

Mr R A Foy - Director

1.	STATUTORY INFORMATION

Rob Foy Engineering Ltd 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.

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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of three years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 15% on reducing balance

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

9,500

AMORTISATION

At 1 April 2024

and 31 March 2025

9,500

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 April 2024

735,105

Additions

109,613

Disposals

(145,936

)

At 31 March 2025

698,782

DEPRECIATION

At 1 April 2024

313,750

Charge for year

82,580

Eliminated on disposal

(80,952

)

At 31 March 2025

315,378

NET BOOK VALUE

At 31 March 2025

383,404

At 31 March 2024

421,355

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

198,910

115,908

Amounts owed by associates

135,189

138,631

Other debtors

16,849

39,929

350,948

294,468

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

24,863

23,226

Hire purchase contracts

76,613

80,110

Trade creditors

28,429

16,764

Taxation and social security

104,977

64,509

Other creditors

5,405

6,429

240,287

191,038

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

77,623

111,057

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr R A Foy

Balance outstanding at start of year

37,247

-

Amounts advanced

77,870

37,247

Amounts repaid

(98,268

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

16,849

37,247

There was a loan outstanding at the year end of £16,849.07 to the sole director. This amount was paid back in full within 9 months of the year end and interest was charged on the overdrawn amount at 2.25%.

10.	RELATED PARTY DISCLOSURES

Including within amounts owed from associates is a loan of £135,188.93 to Rob Foy Properties Limited, a company under the control of Mr Foy.