Company registration number: SC349994
Annual report and unaudited financial statements
for the year ended 31 October 2025
for
Conor Price Engineering Ltd
Pages for filing with the Registrar
Company registration number: SC349994
Conor Price Engineering Ltd
Balance sheet
as at 31 October 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 42,466 54,709
Investments 5 1,636 1,636
Investment property 6 190,000 190,000
234,102 246,345
Current assets
Debtors 7 569,040 595,532
Cash at bank and in hand 170,429 172,707
739,469 768,239
Creditors: amounts falling due within one year
8 (100,979) (111,226)
Net current assets 638,490 657,013
Total assets less current liabilities 872,592 903,358
Creditors: Amounts falling due after more than one year
9 (68,809) (80,334)
NET ASSETS 803,783 823,024
Capital and reserves
Called up share capital 1 1
Profit and loss account 803,782 823,023
TOTAL EQUITY 803,783 823,024
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 October 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: SC349994
Conor Price Engineering Ltd
Balance sheet - continued
as at 31 October 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 31 October 2026 and signed on its behalf by:
Mr C Price, Director Mrs E Price, Director
31 October 2026 31 October 2026
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Conor Price Engineering Ltd
Notes to the financial statements
for the year ended 31 October 2025
1 Company information
Conor Price Engineering Ltd is a private company registered in Scotland. Its registered number is SC349994. The company is limited by shares. Its registered office is First Floor, Archibald Hope House Station Road, Musselburgh, EH21 7PE.
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 historic cost convention.
Presentation currency
The company’s financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Motor vehicles - 25% reducing balance
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
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Conor Price Engineering Ltd
Notes to the financial statements - continued
for the year ended 31 October 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 16 (2024 - 20).
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 November 2024 128,719
Additions 1,913
At 31 October 2025 130,632
Depreciation
At 1 November 2024 74,010
Charge for year 14,156
At 31 October 2025 88,166
Net book value
At 31 October 2025 42,466
At 31 October 2024 54,709
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Conor Price Engineering Ltd
Notes to the financial statements - continued
for the year ended 31 October 2025
5 Fixed asset investments
Investments other than loans
Other investments other than loans


£
Cost
At 1 November 2024 1,636
At 31 October 2025 1,636
Net book value
At 31 October 2025 1,636
At 31 October 2024 1,636
6 Investment property
£
Valuation
At 1 November 2024 190,000
At 31 October 2025 190,000
7 Debtors
2025 2024
£ £
Amounts falling due within one year
Trade debtors 93,657 125,499
Other debtors 134,343 132,993
228,000 258,492
2025 2024
£ £
Amounts falling due after more than one year
Directors' loan accounts 341,040 337,040
Total 569,040 595,532
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Conor Price Engineering Ltd
Notes to the financial statements - continued
for the year ended 31 October 2025
8 Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 11,525 11,525
Amounts owed to directors 3,946 2,956
Other creditors 2,210 1,841
Taxation 27,718 50,764
VAT payable 45,105 34,758
Social security and other tax 9,275 8,182
Accruals and deferred income 1,200 1,200
100,979 111,226
9 Creditors: amounts falling due after more than one year
2025 2024
£ £
Bank loans 68,809 80,334
The bank loan is secured against the property owned by the company.
10 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024.
2025 2024
£ £
Mr C Price
Balance outstanding at start of year 337,040 337,040
Amounts advanced 4,000 -
Balance outstanding at end of year 341,040 337,040
The directors loan is provided at the same rate of interest as is published by HMRC for Director Loans.
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