ACCOUNTS - Final Accounts

Registered number: 05156440

RHODES CONTRACTING LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2025

RHODES CONTRACTING LIMITED

REGISTERED NUMBER: 05156440

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	3,929,469		1,643,135
Cash at bank and in hand		66,226		14,366
		3,995,695		1,657,501
Creditors: amounts falling due within one year	5	(2,608,570)		(268,428)
Net current assets			1,387,125		1,389,073
Total assets less current liabilities			1,387,125		1,389,073

Net assets			1,387,125		1,389,073

Capital and reserves
Called up share capital	2	2
Profit and loss account	1,387,123	1,389,071
	1,387,125	1,389,073

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RHODES CONTRACTING LIMITED

REGISTERED NUMBER: 05156440

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

S L Bernstein

Director

Date: 21 September 2026

The notes on pages 3 to 4 form part of these financial statements.

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RHODES CONTRACTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

The company is a private company limited by share capital, incorporated in England and Wales. The address of its registered office is 51 Welbeck Street, London, England, W1G 9HL.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue is recognised in the period in which the services are rendered when the outcome of the contract can be estimated reliably. The Company uses the percentage of completion method on the actual service performed as a percentage of total services to be provided.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

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RHODES CONTRACTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 3 (2024 - 3).

Debtors

					2025	2024
					£	£


Other debtors	1,405,615	1,378,178
Prepayments and accrued income	2,523,854	264,957
	3,929,469	1,643,135

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	149,073	77,736
Other taxation and social security	5,888	10,693
Other creditors	2,450,009	179,999
Accruals and deferred income	3,600	-
	2,608,570	268,428

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