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Registration number: 04220002

Rangemaster Precision Arms Limited
Unaudited Filleted Abridged Financial Statements
for the Year Ended 31 January 2026

Rangemaster Precision Arms Limited

Contents

Company Information | 1
Abridged Balance Sheet | 2 to 3
Notes to the Unaudited Abridged Financial Statements | 4 to 7

Rangemaster Precision Arms Limited

Company Information

Director | Mr M R D C Rondel

Registered office | 3 Shipston Business Village Tilemans Lane Industrial Estate Shipston on Stour Warwickshire CV36 4FF

Accountants | Stratford Accounting Limited 57a Henley Street Stratford upon Avon Warwickshire CV37 6PT

Rangemaster Precision Arms Limited

(Registration number: 04220002)
Abridged Balance Sheet as at 31 January 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 23,145 | 21,327
Current assets |  |  |
Stocks | 5 | 133,445 | 151,330
Debtors |  | 8,445 | 7,840
Cash at bank and in hand |  | 3,217 | 1,424
|  | 145,107 | 160,594
Prepayments and accrued income |  | 666 | 1,100
Creditors: Amounts falling due within one year |  | (1,190,706) | (1,105,518)
Net current liabilities |  | (1,044,933) | (943,824)
Total assets less current liabilities |  | (1,021,788) | (922,497)
Creditors: Amounts falling due after more than one year |  | (24,074) | (29,630)
Accruals and deferred income |  | (1,857) | -
Net liabilities |  | (1,047,719) | (952,127)
Capital and reserves |  |  |
Called up share capital | 6 | 100 | 100
Retained earnings |  | (1,047,819) | (952,227)
Shareholders' deficit |  | (1,047,719) | (952,127)

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 5 June 2026

Rangemaster Precision Arms Limited

(Registration number: 04220002)
Abridged Balance Sheet as at 31 January 2026

......................................... Mr M R D C Rondel Director

Rangemaster Precision Arms Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2026

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
3 Shipston Business Village
Tilemans Lane Industrial Estate
Shipston on Stour
Warwickshire
CV36 4FF

These financial statements were authorised for issue by the director on 5 June 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.
The directors consider it appropriate to prepare the financial statements on this basis as they provide sufficient funds to enable the company to meet its day to day working capital requirements. The financial statements do not include any adjustments that would result from a withdrawal of the support provided by the company directors.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Rangemaster Precision Arms Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2026

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Rangemaster Precision Arms Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2026

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2025 - 2).

Rangemaster Precision Arms Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2026

4 | Tangible assets

| Plant and machinery £ | Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 February 2025 | 20,967 | - | 7,590 | 28,557
Additions | 10,000 | 416 | - | 10,416
Disposals | (1,235) | - | (7,590) | (8,825)
At 31 January 2026 | 29,732 | 416 | - | 30,148
Depreciation
At 1 February 2025 | 4,194 | - | 3,036 | 7,230
Charge for the year | 2,973 | 83 | - | 3,056
Eliminated on disposal | (247) | - | (3,036) | (3,283)
At 31 January 2026 | 6,920 | 83 | - | 7,003
Carrying amount
At 31 January 2026 | 22,812 | 333 | - | 23,145
At 31 January 2025 | 16,773 | - | 4,554 | 21,327

5 | Stocks

| 2026 £ | 2025 £
Other inventories | 133,445 | 151,330

6 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary share of £1 each | 100 | 100 | 100 | 100