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REGISTERED NUMBER: 01507907 (England and Wales)















E. Rand & Sons Limited

Unaudited Financial Statements

For The Year Ended 31 January 2023






E. Rand & Sons Limited (Registered number: 01507907)






Contents of the Financial Statements
For The Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

E. Rand & Sons Limited

Company Information
For The Year Ended 31 January 2023







DIRECTORS: J E Rand
J A Bilson
T J Waring
K Gregory





REGISTERED OFFICE: Chapel Lane
Great Blakenham
Ipswich
Suffolk
IP6 0JY





REGISTERED NUMBER: 01507907 (England and Wales)





ACCOUNTANTS: Roddis Taylor Robinson
Chartered Accountants
Unit 6, Acorn Business Park
Woodseats Close
Sheffield
South Yorkshire
S8 0TB

E. Rand & Sons Limited (Registered number: 01507907)

Balance Sheet
31 January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 97,546 75,804

CURRENT ASSETS
Stocks 482,234 308,550
Debtors 5 1,200,109 1,095,752
Cash at bank 95,267 18,414
1,777,610 1,422,716
CREDITORS
Amounts falling due within one year 6 1,150,922 948,493
NET CURRENT ASSETS 626,688 474,223
TOTAL ASSETS LESS CURRENT
LIABILITIES

724,234

550,027

PROVISIONS FOR LIABILITIES 20,426 14,236
NET ASSETS 703,808 535,791

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Retained earnings 603,808 435,791
703,808 535,791

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

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

E. Rand & Sons Limited (Registered number: 01507907)

Balance Sheet - continued
31 January 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 10 October 2023 and were signed on its behalf by:




J E Rand - Director



T J Waring - Director


E. Rand & Sons Limited (Registered number: 01507907)

Notes to the Financial Statements
For The Year Ended 31 January 2023

1. STATUTORY INFORMATION

E. Rand & Sons 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.

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, 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.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 35 (2022 - 35 ) .

E. Rand & Sons Limited (Registered number: 01507907)

Notes to the Financial Statements - continued
For The Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022 555,243
Additions 51,043
Disposals (7,000 )
At 31 January 2023 599,286
DEPRECIATION
At 1 February 2022 479,439
Charge for year 28,526
Eliminated on disposal (6,225 )
At 31 January 2023 501,740
NET BOOK VALUE
At 31 January 2023 97,546
At 31 January 2022 75,804

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 678,442 923,807
Amounts owed by group undertakings 3,596 118,596
Other debtors 518,071 53,349
1,200,109 1,095,752

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 702,154 624,510
Taxation and social security 136,492 135,074
Other creditors 312,276 188,909
1,150,922 948,493

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Invoice finance facility - 54,335

The invoice finance facility is secured by way of a charge over the company's trade debtors and a general debenture over the assets of the company.

Included in other debtors at 31 January 2023 is £302,590 due to the company from the invoice finance facility provider.

E. Rand & Sons Limited (Registered number: 01507907)

Notes to the Financial Statements - continued
For The Year Ended 31 January 2023

8. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Great Blakenham Holdings Limited. The registered office of Great Blakenham Holdings Limited is Unit 6 Acorn Business Park, Woodseats Close, Sheffield S8 0TB.

E. Rand & Sons Limited

Report of the Accountants to the Directors of
E. Rand & Sons 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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2023 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Our report may not be relied upon by any person for any other purpose whatsoever.

Roddis Taylor Robinson neither owes nor accepts any duty to any other party and shall not be liable for any loss, damage or expenses of whatsoever nature which is caused by their reliance on these accounts.






Roddis Taylor Robinson
Chartered Accountants
Unit 6, Acorn Business Park
Woodseats Close
Sheffield
South Yorkshire
S8 0TB


10 October 2023