REGISTERED NUMBER: 06008194 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

PRESTON DRYLINERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Smith

C Winstanley

REGISTERED OFFICE:

Unit 7

233 Eldon Street

Ashton-On-Ribble

Preston

Lancashire

PR2 2BB

REGISTERED NUMBER:

06008194 (England and Wales)

ACCOUNTANTS:

RfM Preston Ltd

Chartered Accountants

Unit 1, Guest House Farm

Runshaw Lane

Euxton

Chorley

Lancashire

PR7 6HD

FIXED ASSETS

Tangible assets

4

105,468

149,693

Investments

5

1

2

105,469

149,695

CURRENT ASSETS

Debtors

6

116,434

610,580

Cash at bank and in hand

48,331

8,533

164,765

619,113

CREDITORS

Amounts falling due within one year

7

200,630

233,566

NET CURRENT (LIABILITIES)/ASSETS

(35,865

)

385,547

TOTAL ASSETS LESS CURRENT LIABILITIES

69,604

535,242

PROVISIONS FOR LIABILITIES

25,694

36,693

NET ASSETS

43,910

498,549

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

43,808

498,447

43,910

498,549

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2026 and were signed on its behalf by:

G Smith - Director

C Winstanley - Director

1.	STATUTORY INFORMATION

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

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.

PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS

The financial statements contain information about Preston Dryliners Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

RELATED PARTY EXEMPTION

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

TANGIBLE FIXED ASSETS

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

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

INVESTMENTS IN SUBSIDIARIES

Investments in subsidiary undertakings are recognised at cost.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2025 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

64,813

4,024

407,674

476,511

Additions

-

-

10,950

10,950

Disposals

-

-

(29,991

)

(29,991

)

At 31 March 2026

64,813

4,024

388,633

457,470

DEPRECIATION

At 1 April 2025

60,085

4,024

262,709

326,818

Charge for year

2,421

-

48,755

51,176

Eliminated on disposal

-

-

(25,992

)

(25,992

)

At 31 March 2026

62,506

4,024

285,472

352,002

NET BOOK VALUE

At 31 March 2026

2,307

-

103,161

105,468

At 31 March 2025

4,728

-

144,965

149,693

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

2

Disposals

(1

)

At 31 March 2026

1

NET BOOK VALUE

At 31 March 2026

1

At 31 March 2025

2

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,289

65,572

Other debtors

3,700

4,560

Directors' current accounts

88,059

508,829

Prepayments and accrued income

23,386

31,619

116,434

610,580

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

1,323

56,930

Amounts owed to group undertakings

144,691

139,614

Corporation tax

18,981

-

Social security and other taxes

14,261

14,090

VAT

18,309

18,513

Other creditors

65

1,419

Accruals and deferred income

3,000

3,000

200,630

233,566

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

C Winstanley

Balance outstanding at start of year

108,829

(36,888

)

Amounts advanced

29,626

145,717

Amounts repaid

(133,829

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,626

108,829

G Smith

Balance outstanding at start of year

400,000

325,185

Amounts advanced

219,433

159,007

Amounts repaid

(536,000

)

(84,192

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

83,433

400,000

Interest is charged at the HMRC average official rate of 3.75%.

9.	PARENT COMPANY