TP Challinor & Son Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 6035779

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		21,813		838

			21,813		838
CURRENT ASSETS
Stocks	5	2,250		3,000
Debtors	6	2,008		487
Cash at bank and in hand		76,591		92,655

		80,849		96,142
Creditors: Amounts Falling Due Within One Year	7	(39,957 )		(30,459 )

NET CURRENT ASSETS (LIABILITIES)			40,892		65,683

TOTAL ASSETS LESS CURRENT LIABILITIES			62,705		66,521

NET ASSETS			62,705		66,521

CAPITAL AND RESERVES
Called up share capital	8		3		3
Profit and Loss Account			62,702		66,518

SHAREHOLDERS' FUNDS			62,705		66,521

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TP Challinor & Son Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Simon Challinor

Director

20/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

TP Challinor & Son Limited is a private company, limited by shares, incorporated in England & Wales, registered number 6035779 . The registered office is 61 Stanifield Lane, Farington, Leyland, PR25 4WF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover form the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% straight line
Motor Vehicles	25% straight line
Fixtures & Fittings	10% straight line

2.4. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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TP Challinor & Son Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Taxation

Income tax expense represents the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2025	2024
Sales, marketing and distribution	1	1
Manufacturing	1	1

	2	2

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 January 2025	2,323	15,050	12,297	29,670
Additions	375	-	23,290	23,665

As at 31 December 2025	2,698	15,050	35,587	53,335

Depreciation
As at 1 January 2025	1,830	15,048	11,954	28,832
Provided during the period	293	-	2,397	2,690

As at 31 December 2025	2,123	15,048	14,351	31,522

Net Book Value
As at 31 December 2025	575	2	21,236	21,813

As at 1 January 2025	493	2	343	838

5. Stocks

	2025	2024
	£	£
Stock	2,250	3,000

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TP Challinor & Son Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,931	-
Prepayments and accrued income	-	487
Other taxes and social security	77	-

	2,008	487

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	27,868	20,853
Bank loans and overdrafts	909	835
Corporation tax	(1,419 )	(1,357 )
Other taxes and social security	-	283
VAT	9,647	6,945
Pension creditor	150	335
Accruals and deferred income	2,774	2,546
Directors' loan accounts	28	19

	39,957	30,459

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	3	3

9. Directors Advances, Credits and Guarantees

Dividends paid to directors

	2025	2024
	£	£
Mr Simon Challinor	17,200	11,100

10. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	17,200	11,100

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