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REGISTERED NUMBER: 02695011 (England and Wales)








D & E ROBERTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






D & E ROBERTS LIMITED (REGISTERED NUMBER: 02695011)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

D & E ROBERTS LIMITED

COMPANY INFORMATION
for the year ended 31 March 2023







DIRECTORS: D J Roberts
E D Wyeth
C J Grogan





SECRETARY: E D Wyeth





REGISTERED OFFICE: Ashbourne House
The Guildway
Old Portsmouth Road
Guildford
Surrey
GU3 1LR





BUSINESS ADDRESS: Plough Industrial Estate
Kingston Road
Leatherhead
Surrey
KT22 7LF





REGISTERED NUMBER: 02695011 (England and Wales)

D & E ROBERTS LIMITED (REGISTERED NUMBER: 02695011)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 1,185,211 1,144,090

CURRENT ASSETS
Debtors 6 502,287 546,788
Cash at bank and in hand 744,057 1,304,348
1,246,344 1,851,136
CREDITORS
Amounts falling due within one year 7 (608,241 ) (979,196 )
NET CURRENT ASSETS 638,103 871,940
TOTAL ASSETS LESS CURRENT LIABILITIES 1,823,314 2,016,030

PROVISIONS FOR LIABILITIES (215,970 ) (176,200 )
NET ASSETS 1,607,344 1,839,830

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,606,344 1,838,830
1,607,344 1,839,830

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

D & E ROBERTS LIMITED (REGISTERED NUMBER: 02695011)

BALANCE SHEET - continued
31 March 2023


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 5 October 2023 and were signed on its behalf by:




D J Roberts - Director



E D Wyeth - Director


D & E ROBERTS LIMITED (REGISTERED NUMBER: 02695011)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023


1. STATUTORY INFORMATION

D & E Roberts 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 trading address is Plough Industrial Estate, Kingston Road, Leatherhead, Surrey, KT22 7LF.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 (FRS 102 1A) "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. Unless indicated otherwise in the accounting policies below, the financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured 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.

Turnover 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 probably that the economic benefits associated with the transaction will flow to the entity and the costs incurred in respect of the transaction can be measured reliably.

Tangible fixed assets
Tangible assets are stated at cost less accumulated depreciation. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use.

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

Improvements to property- over the period of the lease
Plant and machinery- 25% reducing balance
Fixtures and fittings- 25% reducing balance
Motor vehicles- 25% reducing balance

Government grants
Government grants relate to grants receivable under the Coronavirus Job Retention Scheme and are accounted for under the accruals model. Government grants relating to revenue are recognised in the profit and loss account on a systematic basis over the period in which the entity recognises the related costs for which the grant is intended to compensate.

Financial instruments
Financial instruments are classified by directors as basic or non-basic following the conditions on FRS 102 Section 11. Basic financial instruments are initially measured at transaction price (including transaction cost) and subsequently recognised at amortised cost using the effective interest method. The company does not have any non-basic financial instruments.


D & E ROBERTS LIMITED (REGISTERED NUMBER: 02695011)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023


3. ACCOUNTING POLICIES - continued
Taxation
Current tax is the amount of corporation tax payable in respect of the taxable profit for the year or prior years. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the year end.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured at the average tax rates that are expected to apply in the periods in which timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantially enacted by the balance sheet date. Deferred tax is measured on a non-discounted basis.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals payable under operating leases are charged against income on a straight line basis over the lease term, even if the payments are not made on such a basis.

Pension costs and other post-retirement benefits
The company operates both a defined contribution and a defined benefit SSAS pension scheme. Contributions payable to the company's pension schemes are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2022 - 36 ) .

D & E ROBERTS LIMITED (REGISTERED NUMBER: 02695011)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023


5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2022 316,672 2,179,169 186,246 2,324,993 5,007,080
Additions - 145,000 - 285,500 430,500
Disposals - (105,860 ) - (341,802 ) (447,662 )
At 31 March 2023 316,672 2,218,309 186,246 2,268,691 4,989,918
DEPRECIATION
At 1 April 2022 265,039 1,743,835 178,702 1,675,414 3,862,990
Charge for year 17,211 121,139 1,886 205,069 345,305
Eliminated on disposal - (94,673 ) - (308,915 ) (403,588 )
At 31 March 2023 282,250 1,770,301 180,588 1,571,568 3,804,707
NET BOOK VALUE
At 31 March 2023 34,422 448,008 5,658 697,123 1,185,211
At 31 March 2022 51,633 435,334 7,544 649,579 1,144,090

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 352,971 461,725
Other debtors 149,316 85,063
502,287 546,788

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 427,359 574,947
Taxation and social security 145,481 150,292
Other creditors 35,401 253,957
608,241 979,196

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 141,316 133,158
Between one and five years 158,981 282,961
300,297 416,119

The above operating lease relates to commitments on commercial property payable under a 15 year lease.

D & E ROBERTS LIMITED (REGISTERED NUMBER: 02695011)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023


9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end two of the directors owed the company £48,003 (2022 - £209,951 owed to the directors). The balance is repayable on demand and interest has been charged at the appropriate HMRC approved interest rate. The outstanding balance was repaid in full following the year end.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D J Roberts and E D Wyeth who jointly own 100% of the ordinary share capital.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
D & E ROBERTS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of D & E Roberts Limited for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of D & E Roberts Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of D & E Roberts Limited and state those matters that we have agreed to state to the Board of Directors of D & E Roberts Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than D & E Roberts Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that D & E Roberts Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of D & E Roberts Limited. You consider that D & E Roberts Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of D & E Roberts Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report should not be regarded as suitable to be used or relied on by any other party wishing to acquire any rights against Bessler Hendrie LLP for any purpose or in any context. Any party, other than the Director, who obtains access to this report or a copy and chooses to rely on this report (or any part of it) will do so at its own risk.






Bessler Hendrie LLP
Chartered Accountants
Ashbourne House
The Guildway
Old Portsmouth Road
Guildford
Surrey
GU3 1LR


5 October 2023