REGISTERED NUMBER: 12293104 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

PRESSURE METALS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

C Milner

DS Garside

K Robinson

REGISTERED OFFICE:

Holmes Lock Works

Steel Street

Rotherham

South Yorkshire

S61 1DF

REGISTERED NUMBER:

12293104 (England and Wales)

ACCOUNTANTS:

Michael A Jarvis & Co Ltd

Edenthorpe

Grove Road

Rotherham

South Yorkshire

S60 2ER

FIXED ASSETS

Tangible assets

4

210,945

217,148

CURRENT ASSETS

Stocks

1,584,587

1,288,160

Debtors

5

1,081,773

1,053,177

Cash at bank

265,504

138,276

2,931,864

2,479,613

CREDITORS

Amounts falling due within one year

6

1,362,910

1,153,613

NET CURRENT ASSETS

1,568,954

1,326,000

TOTAL ASSETS LESS CURRENT LIABILITIES

1,779,899

1,543,148

CREDITORS

Amounts falling due after more than one year

7

(106,377

)

(154,562

)

PROVISIONS FOR LIABILITIES

(52,736

)

(54,287

)

NET ASSETS

1,620,786

1,334,299

CAPITAL AND RESERVES

Called up share capital

12

12

Retained earnings

1,620,774

1,334,287

1,620,786

1,334,299

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 April 2026 and were signed on its behalf by:

K Robinson - Director

1.	STATUTORY INFORMATION

Pressure Metals 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.	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

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 etc

-

33% on cost and 20% on cost

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 14 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

312,476

Additions

68,253

At 31 December 2025

380,729

DEPRECIATION

At 1 January 2025

95,328

Charge for year

74,456

At 31 December 2025

169,784

NET BOOK VALUE

At 31 December 2025

210,945

At 31 December 2024

217,148

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,067,376

1,032,001

Other debtors

14,397

21,176

1,081,773

1,053,177

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 8)

480,325

248,403

Hire purchase contracts

42,874

36,547

Trade creditors

601,859

607,217

Taxation and social security

159,183

174,711

Other creditors

78,669

86,735

1,362,910

1,153,613

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 8)

33,334

62,745

Hire purchase contracts

73,043

91,817

106,377

154,562

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

450,909

213,003

Bank loans

29,416

35,400

480,325

248,403

2025

2024

£

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

33,334

62,745

The company previously drew down funds under the bounce back loan scheme subject to the standard terms and conditions set out by HM Treasury.

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

115,917

128,364

Obligations under finance leases and hire purchase contracts are secured upon the assets to which they relate.