Silverfin false 31/03/2023 01/04/2022 31/03/2023 Mrs A M Trethewy 15/03/2016 Mr R B Trethewy 15/03/2016 09 November 2023 The principal activity of the company is to provide agricultural contracting services. 10063139 2023-03-31 10063139 bus:Director1 2023-03-31 10063139 bus:Director2 2023-03-31 10063139 2022-03-31 10063139 core:CurrentFinancialInstruments 2023-03-31 10063139 core:CurrentFinancialInstruments 2022-03-31 10063139 core:ShareCapital 2023-03-31 10063139 core:ShareCapital 2022-03-31 10063139 core:RetainedEarningsAccumulatedLosses 2023-03-31 10063139 core:RetainedEarningsAccumulatedLosses 2022-03-31 10063139 core:PlantMachinery 2022-03-31 10063139 core:Vehicles 2022-03-31 10063139 core:ToolsEquipment 2022-03-31 10063139 core:PlantMachinery 2023-03-31 10063139 core:Vehicles 2023-03-31 10063139 core:ToolsEquipment 2023-03-31 10063139 bus:OrdinaryShareClass1 2023-03-31 10063139 2022-04-01 2023-03-31 10063139 bus:FullAccounts 2022-04-01 2023-03-31 10063139 bus:SmallEntities 2022-04-01 2023-03-31 10063139 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 10063139 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10063139 bus:Director1 2022-04-01 2023-03-31 10063139 bus:Director2 2022-04-01 2023-03-31 10063139 core:PlantMachinery 2022-04-01 2023-03-31 10063139 core:Vehicles 2022-04-01 2023-03-31 10063139 core:ToolsEquipment 2022-04-01 2023-03-31 10063139 2021-04-01 2022-03-31 10063139 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 10063139 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 10063139 (England and Wales)

ROGER TRETHEWY LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

ROGER TRETHEWY LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

ROGER TRETHEWY LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2023
ROGER TRETHEWY LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2023
DIRECTORS Mrs A M Trethewy
Mr R B Trethewy
REGISTERED OFFICE Tolcarne Farm
St Allen
Truro
TR4 9QX
United Kingdom
COMPANY NUMBER 10063139 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Lowin House
Tregolls Road
Truro
Cornwall TR1 2NA
ROGER TRETHEWY LIMITED

BALANCE SHEET

As at 31 March 2023
ROGER TRETHEWY LIMITED

BALANCE SHEET (continued)

As at 31 March 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 286,009 320,923
286,009 320,923
Current assets
Stocks 4,212 4,157
Debtors 4 15,644 40,215
Cash at bank and in hand 82,748 85,002
102,604 129,374
Creditors: amounts falling due within one year 5 ( 271,053) ( 318,557)
Net current liabilities (168,449) (189,183)
Total assets less current liabilities 117,560 131,740
Provision for liabilities ( 59,262) ( 49,720)
Net assets 58,298 82,020
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account 58,198 81,920
Total shareholders' funds 58,298 82,020

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Roger Trethewy Limited (registered number: 10063139) were approved and authorised for issue by the Board of Directors on 09 November 2023. They were signed on its behalf by:

Mr R B Trethewy
Director
Mrs A M Trethewy
Director
ROGER TRETHEWY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
ROGER TRETHEWY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Roger Trethewy Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Tolcarne Farm, St Allen, Truro, TR4 9QX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of agricultural contracting services in the ordinary course of the company's activities. Turnover is shown net of value added tax.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery 15 % reducing balance
Vehicles 25 % reducing balance
Tools and equipment 15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Tangible assets

Plant and machinery Vehicles Tools and equipment Total
£ £ £ £
Cost
At 01 April 2022 295,814 8,495 243,125 547,434
Additions 21,680 0 0 21,680
Disposals ( 13,464) 0 0 ( 13,464)
At 31 March 2023 304,030 8,495 243,125 555,650
Accumulated depreciation
At 01 April 2022 157,024 6,479 63,008 226,511
Charge for the financial year 22,353 504 27,018 49,875
Disposals ( 6,745) 0 0 ( 6,745)
At 31 March 2023 172,632 6,983 90,026 269,641
Net book value
At 31 March 2023 131,398 1,512 153,099 286,009
At 31 March 2022 138,790 2,016 180,117 320,923

4. Debtors

2023 2022
£ £
Trade debtors 7,079 35,228
Other debtors 8,565 4,987
15,644 40,215

5. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 4,040 10,740
Taxation and social security 5,933 13,965
Obligations under finance leases and hire purchase contracts 0 8,053
Other creditors 261,080 285,799
271,053 318,557

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100