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Company Registration No. 07152408 (England and Wales)
James Rhodes Ltd Unaudited accounts for the year ended 28 February 2026
James Rhodes Ltd Unaudited accounts Contents
Page
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James Rhodes Ltd Company Information for the year ended 28 February 2026
Director
J E Rhodes
Company Number
07152408 (England and Wales)
Registered Office
Tuite Tang Wong 15 The Broadway Woodford Green Essex IG8 0HL United Kingdom
Accountants
Tuite Tang Wong Chartered Certified Accountants 15 The Broadway Woodford Green Essex IG8 0HL
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James Rhodes Ltd Statement of financial position as at 28 February 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
472 
333 
Current assets
Debtors
384 
- 
Cash at bank and in hand
28,348 
50,057 
28,732 
50,057 
Creditors: amounts falling due within one year
(12,933)
(15,301)
Net current assets
15,799 
34,756 
Net assets
16,271 
35,089 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
16,171 
34,989 
Shareholders' funds
16,271 
35,089 
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 July 2026 and were signed on its behalf by
J E Rhodes Director Company Registration No. 07152408
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James Rhodes Ltd Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
James Rhodes Ltd is a private company, limited by shares, registered in England and Wales, registration number 07152408. The registered office is Tuite Tang Wong, 15 The Broadway, Woodford Green, Essex, IG8 0HL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign exchange
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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James Rhodes Ltd Notes to the Accounts for the year ended 28 February 2026
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2025
94,916 
31,010 
125,926 
Additions
- 
631 
631 
At 28 February 2026
94,916 
31,641 
126,557 
Depreciation
At 1 March 2025
94,916 
30,677 
125,593 
Charge for the year
- 
492 
492 
At 28 February 2026
94,916 
31,169 
126,085 
Net book value
At 28 February 2026
- 
472 
472 
At 28 February 2025
- 
333 
333 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
VAT
269 
- 
Trade debtors
115 
- 
384 
- 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Taxes and social security
5,628 
10,218 
Other creditors
4,105 
2,033 
Accruals
3,200 
3,050 
12,933 
15,301 
7
Transactions with related parties
At the year end, the outstanding amount due to the company's director J E Rhodes was £4,105 (2025: £2,033).
8
Average number of employees
During the year the average number of employees was 1 (2025: 2).
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