REGISTERED NUMBER: 06752504 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

PRECISION FORGING TECHNOLOGIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D A Houchin

Mrs G G Houchin

SECRETARY:

Mrs G G Houchin

REGISTERED OFFICE:

3 Woodside

Methley

Leeds

West Yorkshire

LS26 9HB

REGISTERED NUMBER:

06752504 (England and Wales)

ACCOUNTANTS:

Temporal Lennon & Company Limited

Chartered Accountants

Suite 1

1 The Crescent

Adel

Leeds

West Yorkshire

LS16 6AA

FIXED ASSETS

Tangible assets

4

41,109

577

CURRENT ASSETS

Debtors

5

49,965

5,381

Cash at bank

11,805

21,708

61,770

27,089

CREDITORS

Amounts falling due within one year

6

33,023

5,810

NET CURRENT ASSETS

28,747

21,279

TOTAL ASSETS LESS CURRENT LIABILITIES

69,856

21,856

PROVISIONS FOR LIABILITIES

2,123

91

NET ASSETS

67,733

21,765

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

67,731

21,763

SHAREHOLDERS' FUNDS

67,733

21,765

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 15 May 2026 and were signed on its behalf by:

Mr D A Houchin - Director

1.	STATUTORY INFORMATION

Precision Forging Technologies 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

-

25% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 December 2024

9,790

-

11,711

21,501

Additions

335

40,267

499

41,101

At 30 November 2025

10,125

40,267

12,210

62,602

DEPRECIATION

At 1 December 2024

9,408

-

11,516

20,924

Charge for year

228

-

341

569

At 30 November 2025

9,636

-

11,857

21,493

NET BOOK VALUE

At 30 November 2025

489

40,267

353

41,109

At 30 November 2024

382

-

195

577

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

20,282

-

Other debtors

29,683

5,381

49,965

5,381

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Taxation and social security

27,075

4,765

Other creditors

5,948

1,045

33,023

5,810

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2025 and 30 November 2024:

30.11.25

30.11.24

£

£

Mr D A Houchin and Mrs G G Houchin

Balance outstanding at start of year

3,765

-

Amounts advanced

-

8,077

Amounts repaid

(3,765

)

(4,312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

3,765

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D A Houchin.