REGISTERED NUMBER: 01945335 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Lansdale Engineering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S P Battie

Mrs R D K Battie

SECRETARY:

Mrs R D K Battie

REGISTERED OFFICE:

Units 8, The Old Brewery

Chapel Street

Farnborough

Hampshire

GU14 8FG

REGISTERED NUMBER:

01945335 (England and Wales)

ACCOUNTANTS:

PPK Accountants Limited

Chartered Certified Accountants

Sandhurst House

297 Yorktown Road

Sandhurst

Berkshire

GU47 0QA

FIXED ASSETS

Tangible assets

4

5,015

2,461

CURRENT ASSETS

Stocks

132,271

141,079

Debtors

5

27,093

22,317

Cash at bank and in hand

671

556

160,035

163,952

CREDITORS

Amounts falling due within one year

6

80,705

57,806

NET CURRENT ASSETS

79,330

106,146

TOTAL ASSETS LESS CURRENT LIABILITIES

84,345

108,607

CREDITORS

Amounts falling due after more than one year

7

(5,090

)

-

PROVISIONS FOR LIABILITIES

9

-

(197

)

NET ASSETS

79,255

108,410

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

79,155

108,310

SHAREHOLDERS' FUNDS

79,255

108,410

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2026 and were signed on its behalf by:

Mrs R D K Battie - Director

Mr S P Battie - Director

1.	STATUTORY INFORMATION

Lansdale Engineering 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared on the going concern basis.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements,

estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent

from other sources. The estimates and associated assumptions are based on historical experience and

other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting

estimates are recognised in the period in which the estimate is revised where the revision affects only that

period, or in the period of the revision and future periods where the revision affects both current and future

periods.

Critical judgements

The following judgements (apart from those involving estimates) have had the most significant effect on

amounts recognised in the financial statements.

Revenue Recognition

The key judgements made by management in respect of revenue is the point at which that revenue should

be recognised. Management consider the underlying contract terms and conclude upon the most

appropriate point of the cycle at which to recognise revenue based upon the these terms and in particular

where the risks and rewards of ownership transfer.

Tangible fixed assets

Tangible fixed assets are depreciated over their useful lives taking into account residual values, where

appropriate. The actual lives of the assets and residual values are assessed annually and may vary

depending on a number of factors. Residual value assessment consider issues such as the remaining life

of the asset and the projected disposal value.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services

provided in the normal course of business , and is shown net of VAT and other sales related taxes . The fair

value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the

goods have passed to the buyer (usually on dispatch of the goods) , the amount of revenue can be

measured reliably, it is probable that the economic benefits associated with the transaction will flow to the

entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage

of completion when the stage of completion, costs incurred and costs to complete can be estimated

reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual

hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated

reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be

recover ed .

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

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost

comprises direct materials and, where applicable, direct labour costs and those overheads that have been

incurred in bringing the stocks to their present location and condition.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of

stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss

in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 January 2025

5,464

1,829

7,293

Additions

3,956

269

4,225

At 31 December 2025

9,420

2,098

11,518

DEPRECIATION

At 1 January 2025

3,159

1,673

4,832

Charge for year

1,565

106

1,671

At 31 December 2025

4,724

1,779

6,503

NET BOOK VALUE

At 31 December 2025

4,696

319

5,015

At 31 December 2024

2,305

156

2,461

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

12,878

16,803

Amounts owed by group undertakings

-

1,000

Other debtors

14,215

4,514

27,093

22,317

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

13,365

6,928

Trade creditors

25,927

26,309

Taxation and social security

12,081

9,253

Other creditors

29,332

15,316

80,705

57,806

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

5,090

-

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

30,400

11,900

Between one and five years

114,400

37,683

144,800

49,583

9.	PROVISIONS FOR LIABILITIES

2024

£

Deferred tax

197

Deferred

tax

£

Balance at 1 January 2025

197

Credit to Statement of Income and Retained Earnings during year

(6,637

)

Balance at 31 December 2025

(6,440

)

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

Mr S P Battie and Mrs R D K Battie

Balance outstanding at start of year

(13,162

)

(7,451

)

Amounts advanced

9,916

-

Amounts repaid

-

(5,711

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,246

)

(13,162

)

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Rymac Plastic Products Ltd.

The ultimate controlling party is Lansdale Holdings Ltd.

The company is controlled by the directors S P Battie and R D K Battie by virtue of their shareholding with

the ultimate parent company, Lansdale Holdings Limited, a company incorporated in England registered at Unit s 4& 5 The Old Brewery, Chapel Street, Farnborough, Hampshire, GU14 8FG.