MANOR PRECISION LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Kudelnitzky

K W Hill

REGISTERED OFFICE:

Unit 3

Shay Lane Works

Shay Lane

Halifax

West Yorkshire

HX3 6SF

REGISTERED NUMBER:

05363575 (England and Wales)

ACCOUNTANTS:

Wilkinson and Partners

Chartered Accountants

Fairfax House

6a Mill Field Road

Cottingley Business Park

Bradford

West Yorkshire

BD16 1PY

FIXED ASSETS

Tangible assets

5

18,038

16,655

CURRENT ASSETS

Debtors

6

61,785

57,274

Cash at bank and in hand

335

32,122

62,120

89,396

CREDITORS

Amounts falling due within one year

7

45,779

53,489

NET CURRENT ASSETS

16,341

35,907

TOTAL ASSETS LESS CURRENT LIABILITIES

34,379

52,562

CREDITORS

Amounts falling due after more than one year

8

(3,000

)

(7,000

)

PROVISIONS FOR LIABILITIES

10

(3,139

)

(3,701

)

NET ASSETS

28,240

41,861

CAPITAL AND RESERVES

Called up share capital

11

14

14

Retained earnings

28,226

41,847

SHAREHOLDERS' FUNDS

28,240

41,861

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2025 and were signed on its behalf by:

G Kudelnitzky - Director

K W Hill - Director

1.	STATUTORY INFORMATION

Manor Precision 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.

2.	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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

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

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 June 2024

73,645

570

9,450

1,964

85,629

Additions

5,100

-

-

-

5,100

At 31 May 2025

78,745

570

9,450

1,964

90,729

DEPRECIATION

At 1 June 2024

61,066

545

5,463

1,900

68,974

Charge for year

2,652

4

997

64

3,717

At 31 May 2025

63,718

549

6,460

1,964

72,691

NET BOOK VALUE

At 31 May 2025

15,027

21

2,990

-

18,038

At 31 May 2024

12,579

25

3,987

64

16,655

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

61,070

56,513

Prepayments

715

761

61,785

57,274

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

12,273

4,000

Trade creditors

6,909

1,789

Tax

7,654

19,880

Social security and other taxes

1,586

1,662

Pension

260

247

VAT

12,871

20,852

Directors' current accounts

1,774

2,774

Accrued expenses

2,452

2,285

45,779

53,489

Loans from directors are interest free and repayable on demand.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans - 1-2 years

3,000

4,000

Bank loans - 2-5 years

-

3,000

3,000

7,000

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.25

31.5.24

£

£

Bank loans

15,273

11,000

10.	PROVISIONS FOR LIABILITIES

31.5.25

31.5.24

£

£

Deferred tax

3,139

3,701

Deferred

tax

£

Balance at 1 June 2024

3,701

Accelerated capital allowances

(562

)

Balance at 31 May 2025

3,139

The entire provision for deferred taxation is in respect of capital allowances.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

14

Ordinary

£1.00

14

14

12.	ULTIMATE CONTROLLING PARTY

The directors acting together control the company.