REGISTERED NUMBER: 04415376 (England and Wales)

Unaudited Financial Statements

for the Year Ended 27 October 2025

for

Podmores (Engineers) Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

110,759

117,996

Investments

6

10,091

10,091

120,850

128,087

CURRENT ASSETS

Stocks

243,367

245,554

Debtors

7

476,909

495,576

Cash at bank and in hand

39,011

131,576

759,287

872,706

CREDITORS

Amounts falling due within one year

8

570,270

614,242

NET CURRENT ASSETS

189,017

258,464

TOTAL ASSETS LESS CURRENT LIABILITIES

309,867

386,551

CREDITORS

Amounts falling due after more than one year

9

(161,576

)

(225,708

)

PROVISIONS FOR LIABILITIES

(30,064

)

(12,402

)

NET ASSETS

118,227

148,441

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Non distributable reserves

11

27,553

27,553

Retained earnings

40,674

70,888

SHAREHOLDERS' FUNDS

118,227

148,441

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 October 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 July 2026 and were signed on its behalf by:

Mrs A A Gough - Director

1.	STATUTORY INFORMATION

Podmores (Engineers) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04415376

Registered office:

Unit H, Great Fenton Business Park

Grove Road

Fenton

Stoke on Trent

Staffordshire

ST4 4LZ

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Revenue is recognised as the company becomes entitled to consideration for the goods and services supplied.

Goodwill

Goodwill has now been fully amortised.

Patents & licences

Patents and Licences have now been fully amortised.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

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.

Fixed asset investments

Other investments comprise investments in unquoted equity instruments, which are measured at cost.

The investments are reviewed each year for any impairment. Impairment is recognised in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

Goodwill

licences

Totals

£

£

£

COST

At 28 October 2024

and 27 October 2025

50,000

17,635

67,635

AMORTISATION

At 28 October 2024

and 27 October 2025

50,000

17,635

67,635

NET BOOK VALUE

At 27 October 2025

-

-

-

At 27 October 2024

-

-

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 28 October 2024

157,605

21,966

38,055

41,622

259,248

Additions

12,486

632

-

5,840

18,958

At 27 October 2025

170,091

22,598

38,055

47,462

278,206

DEPRECIATION

At 28 October 2024

77,276

19,607

14,275

30,094

141,252

Charge for year

13,922

598

5,944

5,731

26,195

At 27 October 2025

91,198

20,205

20,219

35,825

167,447

NET BOOK VALUE

At 27 October 2025

78,893

2,393

17,836

11,637

110,759

At 27 October 2024

80,329

2,359

23,780

11,528

117,996

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 28 October 2024

and 27 October 2025

25,555

DEPRECIATION

At 28 October 2024

6,389

Charge for year

4,791

At 27 October 2025

11,180

NET BOOK VALUE

At 27 October 2025

14,375

At 27 October 2024

19,166

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 28 October 2024

and 27 October 2025

10,091

NET BOOK VALUE

At 27 October 2025

10,091

At 27 October 2024

10,091

Other investments are listed at cost.

7.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

154,912

147,712

Other debtors

263,868

294,355

418,780

442,067

Amounts falling due after more than one year:

Amounts owed by associates

58,129

53,509

Aggregate amounts

476,909

495,576

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

57,530

50,000

Hire purchase contracts

8,500

8,500

Trade creditors

211,173

121,813

Taxation and social security

93,105

120,851

Other creditors

199,962

313,078

570,270

614,242

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

20,833

70,833

Hire purchase contracts

6,375

14,875

Other creditors

134,368

140,000

161,576

225,708

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

78,363

120,833

Hire purchase contracts

14,875

23,375

93,238

144,208

Hire purchase creditor is secured against the assets to which it relates.

Bank loans are secured via fixed and floating charge over all assets in the company.

11.

RESERVES

Non

distributable

reserves

£

At 28 October 2024

and 27 October 2025

27,553

12.	FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included within the balance sheet amount to £39,570 (2024: £17,153). This financial commitment represents the total amount of payments remaining on vehicle leases ending in 2026, and on a premises lease ending in 2030.