Company No: 07818765 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	P D Bentley
	S S A Bentley
	D J Greer
	N C Matthews

REGISTERED OFFICE	Unit 3e Springfield Industrial Estate
	Samuel Street
	Failsworth
	Manchester
	M35 0GA
	United Kingdom

COMPANY NUMBER

07818765 (England and Wales)

ACCOUNTANT	S&W Partners (Manchester) Limited
	Pall Mall
	1 Pollen Square
	59 King Street
	Manchester
	M2 4PD

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	808,339		1,043,569
Investments	4	75		0
		808,414		1,043,569
Current assets
Debtors	5	2,770,125		1,364,136
Cash at bank and in hand		2,357		779,914
		2,772,482		2,144,050
Creditors: amounts falling due within one year	6	( 1,800,978)		( 1,224,109)
Net current assets		971,504		919,941
Total assets less current liabilities		1,779,918		1,963,510
Creditors: amounts falling due after more than one year	7	( 464,302)		( 635,876)
Provision for liabilities	8, 9	( 195,350)		( 252,000)
Net assets		1,120,266		1,075,634
Capital and reserves
Called-up share capital	10	19		19
Profit and loss account		1,120,247		1,075,615
Total shareholders' funds		1,120,266		1,075,634

For the financial 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Rigg Tech Ltd (registered number: 07818765) were approved and authorised for issue by the Board of Directors on 16 July 2026. They were signed on its behalf by:

S S A Bentley Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Rigg Tech Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 3e Springfield Industrial Estate, Samuel Street, Failsworth, Manchester, M35 0GA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise on monetary items.

Turnover

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

Taxation

Current tax
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Pension costs

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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	57		54

3. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 November 2024	230,082		1,418,166		46,506		1,694,754
Additions	8,079		82,353		11,782		102,214
Disposals	0		( 215,550)		0		( 215,550)
At 31 October 2025	238,161		1,284,969		58,288		1,581,418
Accumulated depreciation
At 01 November 2024	105,223		513,528		32,434		651,185
Charge for the financial year	31,406		224,403		5,921		261,730
Disposals	0		( 139,836)		0		( 139,836)
At 31 October 2025	136,629		598,095		38,355		773,079
Net book value
At 31 October 2025	101,532		686,874		19,933		808,339
At 31 October 2024	124,859		904,638		14,072		1,043,569

4. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 November 2024	0
Additions	75
At 31 October 2025	75
Carrying value at 31 October 2025	75
Carrying value at 31 October 2024	0

5. Debtors

	2025		2024
	£		£
Trade debtors	989,443		1,164,567
Amounts owed by Group undertakings	1,472,006		183,214
Other debtors	308,676		16,355
	2,770,125		1,364,136

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank overdrafts	310,990		0
Trade creditors	763,540		502,011
Amounts owed to Group undertakings	0		3,639
Taxation and social security	343,914		295,959
Obligations under finance leases and hire purchase contracts	199,674		273,002
Other creditors	182,860		149,498
	1,800,978		1,224,109

Assets held under finance leases and hire purchase contracts are secured on the asset concerned.

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts (secured)	464,302		635,876

Assets held under finance leases and hire purchase contracts are secured on the asset concerned.

8. Provision for liabilities

	2025		2024
	£		£
Deferred tax	195,350		252,000

9. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 252,000)		0
Credited/(charged) to the Profit and Loss Account	56,650		( 252,000)
At the end of financial year	( 195,350)		( 252,000)

10. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
9 Ordinary shares of £ 1.00 each	9		9
1 A Ordinary share of £ 1.00	1		1
9 Redeemable ordinary shares of £ 1.00 each	9		9
	19		19