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REGISTERED NUMBER: 04164164 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

28TH FEBRUARY 2023

FOR

R.J. LANDER LIMITED

R.J. LANDER LIMITED (REGISTERED NUMBER: 04164164)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2023










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


R.J. LANDER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2023







Director: R J Lander





Secretary: A K C Lander





Registered office: Unit 3
The Wilderness Quarry
Gloucester Road
Mitcheldean
Gloucestershire
GL17 0DS





Registered number: 04164164 (England and Wales)

R.J. LANDER LIMITED (REGISTERED NUMBER: 04164164)

BALANCE SHEET
28TH FEBRUARY 2023

28.2.23 28.2.22
Notes £ £ £ £
Fixed assets
Intangible assets 4 8,667 8,667
Tangible assets 5 1,974,728 2,126,463
Investments 6 1 1
Investment property 7 420,000 420,000
2,403,396 2,555,131

Current assets
Stocks 8 11,450 140,230
Debtors 9 671,581 513,778
Cash at bank and in hand 1,411,351 781,565
2,094,382 1,435,573
Creditors
Amounts falling due within one year 10 1,038,867 923,957
Net current assets 1,055,515 511,616
Total assets less current liabilities 3,458,911 3,066,747

Provisions for liabilities 11 364,600 377,600
Net assets 3,094,311 2,689,147

Capital and reserves
Called up share capital 12 1,001 1,001
Undistb. reserves 156,869 156,869
Retained earnings 2,936,441 2,531,277
Shareholders' funds 3,094,311 2,689,147

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

R.J. LANDER LIMITED (REGISTERED NUMBER: 04164164)

BALANCE SHEET - continued
28TH FEBRUARY 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 director and authorised for issue on 8th November 2023 and were signed by:





R J Lander - Director


R.J. LANDER LIMITED (REGISTERED NUMBER: 04164164)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2023


1. Statutory information

R.J. Lander 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about R.J. Lander Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
The turnover, all of which arises in the U.K, represents invoiced sales of goods net of commission and excluding value added tax.

Goodwill
Goodwill is shown in the balance sheet at cost less amortisation and has been amortised at 20% per annum as the director considers that its useful life was 5 years.

Intangible fixed assets
Intangible fixed assets include the cost of personalised vehicle number plates. These are considered to be an enduring asset and are not depreciated or amortised.

Tangible fixed assets
Tangible fixed assets are stated in the Balance Sheet at cost less depreciation .

Depreciation is provided at the following rates on the straight line method in order to write off each asset over its estimated useful life:


Freehold property0% & 2%
Plant & machinery20%
Motor vehicles25%
Office equipment15%

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment properties are shown at most recent valuations. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

R.J. LANDER LIMITED (REGISTERED NUMBER: 04164164)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023


2. Accounting policies - continued

Stocks & work in progress
Stock and work in progress have been valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Work in progress is valued as a percentage of the final invoice value according to the level of completion. The value of work in progress is included within sales in the profit and loss account and within other debtors in the balance sheet.

R.J. LANDER LIMITED (REGISTERED NUMBER: 04164164)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023


2. Accounting policies - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.
Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are measured at transaction price less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Other financial assets
Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at the cost less impairment.

Impairment of financial assets
Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting date.
Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the assets original effective interest rate. The impairment loss is recognised in profit or loss.
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities
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 deducing all of its liabilities.

R.J. LANDER LIMITED (REGISTERED NUMBER: 04164164)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023


2. Accounting policies - continued
Basic financial liabilities, including trade and other payables are measured at the transaction price. Other financial liabilities, including bank loans and preference shares that are classified as debt, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Other financial liabilities
Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.

Derecognition of financial liabilities
Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Operating leases
The cost of operating leases is charged to the profit and loss account on a straight line basis over the lease term.

R.J. LANDER LIMITED (REGISTERED NUMBER: 04164164)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023


2. Accounting policies - continued

Fixed asset investments
Fixed asset investments are valued on a historical cost basis, until such time that a readily ascertainable market value can be obtained.
Investment properties are included at open market value, as valued by the director and no depreciation is charged. Changes in market value are recognised in the Statement of other comprehensive income and not the profit and loss account unless the deficit is expected to be permanent.

3. Employees (including officers)

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

4. Intangible fixed assets
Other
intangible
Goodwill assets Totals
£ £ £
Cost
At 1st March 2022
and 28th February 2023 40,000 8,667 48,667
Amortisation
At 1st March 2022
and 28th February 2023 40,000 - 40,000
Net book value
At 28th February 2023 - 8,667 8,667
At 28th February 2022 - 8,667 8,667

R.J. LANDER LIMITED (REGISTERED NUMBER: 04164164)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023


5. Tangible fixed assets
Freehold Plant & Office Motor
property machinery equipment vehicles Totals
£ £ £ £ £
Cost
At 1st March 2022 859,050 2,219,964 10,956 121,132 3,211,102
Additions - 848,102 916 25,000 874,018
Disposals - (1,093,693 ) (98 ) (26,208 ) (1,119,999 )
At 28th February 2023 859,050 1,974,373 11,774 119,924 2,965,121
Depreciation
At 1st March 2022 31,073 964,790 7,382 81,394 1,084,639
Charge for year 11,180 188,816 964 16,879 217,839
Eliminated on disposal - (298,906 ) (75 ) (13,104 ) (312,085 )
At 28th February 2023 42,253 854,700 8,271 85,169 990,393
Net book value
At 28th February 2023 816,797 1,119,673 3,503 34,755 1,974,728
At 28th February 2022 827,977 1,255,174 3,574 39,738 2,126,463

Included in cost of land and buildings is freehold land of £ 300,000 (2022 - £ 300,000 ) which is not depreciated.

6. Fixed asset investments
Shares in
group
undertakings
£
Cost
At 1st March 2022
and 28th February 2023 1
Net book value
At 28th February 2023 1
At 28th February 2022 1

R.J. LANDER LIMITED (REGISTERED NUMBER: 04164164)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023


6. Fixed asset investments - continued

The company's investments at the Balance sheet date in the share capital of companies include the following:

Lander Sweepers Ltd
Registered office: Network House, Thorn Office Centre, Hereford HR2 6JT
Nature of business: Dormant
%
Class of shares: holding
Ordinary 100.00
28.2.23 28.2.22
£ £
Aggregate capital and reserves 1 1

7. Investment property
Total
£
Fair value
At 1st March 2022
and 28th February 2023 420,000
Net book value
At 28th February 2023 420,000
At 28th February 2022 420,000

Investment properties were valued on the basis of open market value as at 28th February 2022, by the director, and they consider to be their fair value as at 28th February 2023.

Fair value at 28th February 2023 is represented by:
£
Valuation in 2022 209,169
Cost 210,831
420,000

8. Stocks
28.2.23 28.2.22
£ £
Stock 11,450 140,230

R.J. LANDER LIMITED (REGISTERED NUMBER: 04164164)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023


9. Debtors: amounts falling due within one year
28.2.23 28.2.22
£ £
Trade debtors 561,793 351,242
Other debtors 29,965 19,032
Social security & other taxes 79,823 122,323
Director's loan accounts - 21,181
671,581 513,778

10. Creditors: amounts falling due within one year
28.2.23 28.2.22
£ £
Bank loans & overdrafts 5,233 5,024
Trade creditors 976,762 794,815
Amounts owed to group undertakings 1 1
Corporation tax 42,000 -
Social security & other taxes 4,899 5,780
Other creditors & accruals 3,599 118,337
Director's loan accounts 6,373 -
1,038,867 923,957

11. Provisions for liabilities
28.2.23 28.2.22
£ £
Deferred tax
Deferred tax 364,600 325,300
Investment property revalue - 52,300
364,600 377,600

Deferred tax
£
Balance at 1st March 2022 377,600
Accelerated capital allowances (35,600 )
Losses 22,600
Balance at 28th February 2023 364,600

R.J. LANDER LIMITED (REGISTERED NUMBER: 04164164)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023


12. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £ £
1,001 Ordinary shares £1 1,001 1,001

13. Contingent liabilities & lease commitments

There were no contingent liabilities or lease commitments as at 28th February 2023.

14. Director's advances, credits and guarantees

During the year, the director used a current account with the company to record amounts due to them and amounts drawn by them. Loans and advances totalling £61,365 and repayments of £77,330 were made during the year. The balance at the year end was £6,373 owed by the company (2022: £21,181 owed to the company).

The loans and advances were made interest free and were repayable on demand.