Chris Rhodes Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—3

Registered number: 12133929

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		59,381		74,364

			59,381		74,364
CURRENT ASSETS
Debtors	5	615,467		369,504
Cash at bank and in hand		1,260,797		1,091,732

		1,876,264		1,461,236
Creditors: Amounts Falling Due Within One Year	6	(202,795 )		(208,748 )

NET CURRENT ASSETS (LIABILITIES)			1,673,469		1,252,488

TOTAL ASSETS LESS CURRENT LIABILITIES			1,732,850		1,326,852

NET ASSETS			1,732,850		1,326,852

CAPITAL AND RESERVES
Called up share capital	7		100		100
Income Statement			1,732,750		1,326,752

SHAREHOLDERS' FUNDS			1,732,850		1,326,852

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Christopher Rhodes

Director

12 November 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Chris Rhodes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12133929 . The registered office is Suite 2A, 7th Floor, City Reach, 5 Greenwich View Place, London, E14 9NN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% Straight Line Basis
Computer Equipment	25% Straight Line Basis

2.4. Financial Instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 1)

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Chris Rhodes Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	64,005	71,479	135,484
Additions	-	23,987	23,987

As at 31 March 2025	64,005	95,466	159,471

Depreciation
As at 1 April 2024	32,003	29,117	61,120
Provided during the period	16,001	22,969	38,970

As at 31 March 2025	48,004	52,086	100,090

Net Book Value
As at 31 March 2025	16,001	43,380	59,381

As at 1 April 2024	32,002	42,362	74,364

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	394,799	271,697
Corporation tax recoverable assets	49,442	24,680
Director's loan account	171,226	73,127

	615,467	369,504

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	2,101	171
Corporation tax	193,732	177,260
Other taxes and social security	882	-
VAT	2,021	27,631
Other creditors	373	-
Accruals and deferred income	3,686	3,686

	202,795	208,748

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

8. Directors Advances, Credits and Guarantees

During the year, the director was advanced £196,552 and repaid £98,454. Interest at the approved HMRC rate has been applied to the loan. The balance at the year end is £171,226.

9. Ultimate Controlling Party

The company's ultimate controlling party is Mr Christopher Rhodes by virtue of his ownership of 100% of the issued share capital in the company.

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