PAUL RHODES PRECISION ENGINEERING LIMITED


Directors	RHODES, Elizabeth Anne
	RHODES, Paul


Company Secretary	RHODES, Elizabeth Anne


Registered Address	Walker Street House
	5 Walker Street Scholes
	Cleckheaton
	BD19 6EQ


Registered Number	04292152 (England and Wales)

Balance Sheet as at
29 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		107,006		658,667
			107,006		658,667
Current assets
Stocks		35,127		59,938
Debtors	4	659,239		184,017
Cash at bank and on hand		119,993		156,265
		814,359		400,220
Creditors amounts falling due within one year	5	(188,924)		(214,538)
Net current assets (liabilities)			625,435		185,682
Total assets less current liabilities			732,441		844,349
Creditors amounts falling due after one year	6		-		(10,000)
Provisions for liabilities			(20,331)		(21,436)
Net assets			712,110		812,913
Capital and reserves
Called up share capital			100		100
Profit and loss account			712,010		812,813
Shareholders' funds			712,110		812,913

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 13 August 2026, and are signed on its behalf by:

RHODES, Elizabeth Anne
Director

RHODES, Paul
Director

Registered Company No. 04292152

PAUL RHODES PRECISION ENGINEERING LIMITED

Notes to the Financial Statements
for the period ended 29 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Operating leases
	Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

	Defined contribution pension plan
	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.

	Current taxation
	Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Current taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

	Tangible fixed assets and depreciation
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


	Reducing balance (%)	Straight line (years)
Plant and machinery	15	-
Fixtures and fittings	-	3
Vehicles	25	-

	Stocks and work in progress
	Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	10		10

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£	£
Cost or valuation
At 01 October 24	563,280	629,882	32,881	35,970	1,262,013
Additions	-	15,498	-	550	16,048
Disposals	(563,280)	(6,000)	-	-	(569,280)
At 29 September 25	-	639,380	32,881	36,520	708,781
Depreciation and impairment
At 01 October 24	17,433	527,470	22,477	35,966	603,346
Charge for year	-	17,441	2,601	185	20,227
On disposals	(17,433)	(4,365)	-	-	(21,798)
At 29 September 25	-	540,546	25,078	36,151	601,775
Net book value
At 29 September 25	-	98,834	7,803	369	107,006
At 30 September 24	545,847	102,412	10,404	4	658,667

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	139,938	179,427
Amounts owed by group undertakings	514,001	-
Other debtors	5,300	4,590
Total	659,239	184,017

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	35,621	54,804
Bank borrowings and overdrafts	10,000	10,000
Taxation and social security	53,238	80,779
Other creditors	90,065	68,955
Total	188,924	214,538

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	10,000
Total	-	10,000

7.	Directors advances, credits and guarantees
	Included within creditors: amounts falling due within one year were loans from the directors of £79,900 (2024: £61,388). The loans were interest free, with no fixed date for repayment. Under the BBLS scheme the government provided a 100% guarantee. As at the balance sheet date, this represented a bank loan guarantee of £10,000 (2024: £20,000).