PreTreat Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05976897

PRETREAT LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 October 2025

PRETREAT LTD

STATEMENT OF FINANCIAL POSITION

31 October 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		157,194		173,887

CURRENT ASSETS

Stocks		19,698	19,339
Debtors	6	306,191	247,533
Cash at bank and in hand		570,101	423,566
		----------	----------
		895,990	690,438

CREDITORS: amounts falling due within one year	7	293,365		253,843
		----------		----------
NET CURRENT ASSETS			602,625		436,595
			----------		----------
TOTAL ASSETS LESS CURRENT LIABILITIES			759,819		610,482

CREDITORS: amounts falling due after more than one year	8		36,238		52,340

PROVISIONS

Taxation including deferred tax	10	35,091	37,578
		----------	----------
NET ASSETS		688,490	520,564
		----------	----------

PRETREAT LTD

STATEMENT OF FINANCIAL POSITION (continued)

31 October 2025

	2025		2024
Note	£	£	£	£

CAPITAL AND RESERVES

Called up share capital	2	2
Profit and loss account	688,488	520,562
	----------	----------
SHAREHOLDERS FUNDS	688,490	520,564
	----------	----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 9 July 2026 , and are signed on behalf of the board by:

Dr. A N Jennings

Director

Company registration number: 05976897

PRETREAT LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 OCTOBER 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Crown Works, Rochdale Road, Todmorden, Lancashire, OL14 6LD.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are not considered to be any judgements or accounting estimates or assumptions that have a significant impact on the financial statements.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for the supply of chemicals, stated net of discounts and of Value Added Tax.

Current and deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold property	-	10 years straight line
Plant and machinery	-	10% straight line
Fixtures and fittings	-	33.33% straight line
Motor vehicles	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 7 (2024: 6 ).

5. TANGIBLE ASSETS

	Land and buildings	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 November 2024	75,196	–	87,366	165,401	327,963
Additions	–	31,215	7,577	1,513	40,305
Disposals	–	–	( 28,574)	–	( 28,574)
	---------	---------	---------	----------	----------
At 31 October 2025	75,196	31,215	66,369	166,914	339,694
	---------	---------	---------	----------	----------
Depreciation
At 1 November 2024	51,622	–	61,253	41,201	154,076
Charge for the year	6,745	2,506	16,612	31,134	56,997
Disposals	–	–	( 28,573)	–	( 28,573)
	---------	---------	---------	----------	----------
At 31 October 2025	58,367	2,506	49,292	72,335	182,500
	---------	---------	---------	----------	----------
Carrying amount
At 31 October 2025	16,829	28,709	17,077	94,579	157,194
	---------	---------	---------	----------	----------
At 31 October 2024	23,574	–	26,113	124,200	173,887
	---------	---------	---------	----------	----------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 31 October 2025	59,441
	---------
At 31 October 2024	79,255
	---------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	289,226	234,696
Amounts owed by group undertakings	2,265	–
Prepayments and accrued income	14,700	12,837
	----------	----------
	306,191	247,533
	----------	----------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	84,158	110,929
Accruals and deferred income	7,241	5,380
Corporation tax	98,077	62,485
Social security and other taxes	61,324	17,214
Obligations under finance leases and hire purchase contracts	16,101	14,836
Director loan accounts	26,464	42,999
	----------	----------
	293,365	253,843
	----------	----------

The following liabilities disclosed under creditors falling due within one year are secured by the company:

	2025	2024
	£	£
Obligations under finance lease and hire purchase contracts	16,101	14,836
	---------	---------

8. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Obligations under finance leases and hire purchase contracts	36,238	52,340
	---------	---------

The following liabilities disclosed under creditors falling due within one year are secured by the company:

	2025	2024
	£	£
Obligation under finance leases and hire purchase contracts	36,238	52,340
	---------	---------

9. FINANCE LEASES AND HIRE PURCHASE CONTRACTS

The total future minimum lease payments under finance leases and hire purchase contracts are as follows:

	2025	2024
	£	£
Not later than 1 year	20,794	20,794
Later than 1 year and not later than 5 years	42,256	63,049
	---------	---------
	63,050	83,843
Less: future finance charges	( 10,711)	( 16,667)
	---------	---------
Present value of minimum lease payments	52,339	67,176
	---------	---------

10. PROVISIONS

	Deferred tax (note 11)
	£
At 1 November 2024	37,578
Additions	( 2,487)
	---------
At 31 October 2025	35,091
	---------

11. DEFERRED TAX

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 10)	35,091	37,578
	---------	---------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	35,091	37,578
	---------	---------

12. CONTINGENCIES

The directors had a personal loan for the business premises from which the company operates, for which there was a fixed and floating charge against the company. The loan was repaid during the year .

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors had an unsecured interest free loan with the company. The directors loan account was in credit throughout the year and is repayable on demand. During the year rent was paid to a director totalling £16,200 (2024: £15,700) for use of premises.

14. RELATED PARTY TRANSACTIONS

During the year rent was paid to the director, Dr. A N Jennings totalling £16,200 (2024: £15,700) for use of premises.