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Registered number: 01617339
Productool Engineering Limited
Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 01617339
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 38,424 42,017
38,424 42,017
CURRENT ASSETS
Stocks 34,000 27,750
Debtors 5 46,283 62,612
Cash at bank and in hand 7,255 11,474
87,538 101,836
Creditors: Amounts Falling Due Within One Year 6 (120,777 ) (123,310 )
NET CURRENT ASSETS (LIABILITIES) (33,239 ) (21,474 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,185 20,543
NET ASSETS 5,185 20,543
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 5,085 20,443
SHAREHOLDERS' FUNDS 5,185 20,543
Page 1
Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit 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 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 Profit and Loss Account.
On behalf of the board
Mr R Elmer
Director
13th May 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Productool Engineering Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01617339 . The registered office is Unit 2 Bridge Road, Camberley, Surrey, GU15 2QR.
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. 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.
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:
Plant & Machinery 15% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
2.4. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 6)
5 6
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 January 2025 423,411
Additions 2,950
As at 31 December 2025 426,361
Depreciation
As at 1 January 2025 381,394
Provided during the period 6,543
As at 31 December 2025 387,937
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2025 38,424
As at 1 January 2025 42,017
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 46,283 62,612
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 20,883 27,480
Other creditors 84,473 83,468
Taxation and social security 15,421 12,362
120,777 123,310
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4