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REGISTERED NUMBER: 04857758 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

R M Tabberer Ltd

R M Tabberer Ltd (Registered number: 04857758)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


R M Tabberer Ltd (Registered number: 04857758)

Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Intangible assets 4 47,351 51,091
Tangible fixed assets 5 58,296 74,410
105,647 125,501

Current assets
Stocks 25,000 20,000
Debtors 6 71,986 11,955
Cash at bank and in hand 6,566 21,802
103,552 53,757
Creditors: amounts falling due within
one year

7

153,718

83,955
Net current liabilities (50,166 ) (30,198 )
Total assets less current liabilities 55,481 95,303

Creditors: amounts falling due after
more than one year

8

64,708

99,379
Net liabilities (9,227 ) (4,076 )

R M Tabberer Ltd (Registered number: 04857758)

Balance Sheet - continued
31 May 2023

2023 2022
Notes £    £    £    £   
Capital and reserves
Called up share capital 10 600 600
Retained earnings (9,827 ) (4,676 )
Shareholders' funds (9,227 ) (4,076 )

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

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

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.

The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2023 and were signed on its behalf by:





A Ferrier - Director


R M Tabberer Ltd (Registered number: 04857758)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. Statutory information

R M Tabberer Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04857758

Registered office: 5 High Street
Bognor Regis
West Sussex
PO21 1RQ

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.The policies adopted for the recognition of turnover are as follows:

Sale of goods
Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.This is usually on dispatch of the goods.

Rendering of services
When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised equally over the remaining period of the business premises' lease. This policy was changed from 1 year in the current year to 14 years.

R M Tabberer Ltd (Registered number: 04857758)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

2. Accounting policies - continued

Intangible assets
Intangible assets are initially recognised at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any impairment losses.

Computer software is being amortised evenly over its estimated life of five years.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery - 20% straight line
Computer equipment - 20% straight line

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Stock is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Taxation
Taxation for the year comprises current and deferred tax. 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 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 at the reporting date.

Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

R M Tabberer Ltd (Registered number: 04857758)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

2. Accounting policies - continued

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.

Going concern
The company meets its day to day cash requirements through trading cash flows and the continued support of the Holding Company. The directors therefore consider it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from this basis not being appropriate.

3. Employees and directors

The average number of employees during the year was 6 (2022 - 6 ) .

4. Intangible fixed assets
Other
intangible
Goodwill assets Totals
£    £    £   
Cost
At 1 June 2022
and 31 May 2023 229,000 2,750 231,750
Amortisation
At 1 June 2022 180,338 321 180,659
Charge for year 3,190 550 3,740
At 31 May 2023 183,528 871 184,399
Net book value
At 31 May 2023 45,472 1,879 47,351
At 31 May 2022 48,662 2,429 51,091

R M Tabberer Ltd (Registered number: 04857758)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

5. Tangible fixed assets
Plant and Computer
machinery equipment Totals
£    £    £   
Cost
At 1 June 2022 76,729 13,734 90,463
Additions 1,105 - 1,105
At 31 May 2023 77,834 13,734 91,568
Depreciation
At 1 June 2022 11,124 4,929 16,053
Charge for year 14,472 2,747 17,219
At 31 May 2023 25,596 7,676 33,272
Net book value
At 31 May 2023 52,238 6,058 58,296
At 31 May 2022 65,605 8,805 74,410

6. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 5,027 -
Amounts owed by group undertakings 61,965 7,173
Other debtors 4,994 4,782
71,986 11,955

7. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 73,487 46,194
Hire purchase contracts 9,196 8,549
Trade creditors 55,750 17,273
Taxation and social security 2,634 1,476
Other creditors 12,651 10,463
153,718 83,955

R M Tabberer Ltd (Registered number: 04857758)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

8. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans 35,667 61,142
Hire purchase contracts 29,041 38,237
64,708 99,379

9. Secured debts

The following secured debts are included within creditors:

2023 2022
£    £   
Secured liabilities 86,248 70,614

The secured liabilities are secured against the assets to which they relate.

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
600 Ordinary £1 600 600

11. Off-balance sheet arrangements

At the year end, the company had operating lease commitments of £211,174 (2022:£237,335)