R J R FREEMAN HOMES LTD | |
UNAUDITED FINANCIAL STATEMENTS | |
FOR THE YEAR ENDED 31 MAY 2023 | |
R J R FREEMAN HOMES LTD | |||
FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 31 MAY 2023 | |||
DIRECTORS | |||
Ross Freeman | |||
Julian Freeman | |||
Roger Freeman | |||
REGISTERED OFFICE | |||
Bramshill Park Farm Clump Lane Horley BANBURY OX15 6AX |
|||
COMPANY REGISTERED NUMBER | |||
09579587 | |||
BANKERS | |||
Lloyds Bank plc | |||
ACCOUNTANTS | |||
Christopher Dean & Co | |||
Chartered Accountants | |||
Ivy Cottage, Bakers Lane, Tadmarton, Banbury, Oxon OX15 5TB | |||
CONTENTS | |||
Pages | |||
2-3 | Statement of Financial Position | ||
4-9 | Notes to the Financial Statements | ||
page 1 | |
Company registered number: |
|||||
STATEMENT OF FINANCIAL POSITION AT |
|||||
Note | 2023 | 2022 | |||
£ | £ | £ | |||
FIXED ASSETS | |||||
Property, plant and equipment | 3 | ||||
Investment property | 4 | ||||
CURRENT ASSETS | |||||
Inventories | |||||
Debtors | 5 | ||||
Cash at bank and in hand | |||||
CREDITORS: Amounts falling due within one year | 6 | ||||
NET CURRENT ASSETS | |||||
TOTAL ASSETS LESS CURRENT LIABILITIES | |||||
PROVISIONS FOR LIABILITIES | ( |
( |
|||
NET ASSETS | £ |
£ |
|||
CAPITAL AND RESERVES | |||||
Called up share capital | |||||
Retained earnings | |||||
SHAREHOLDERS' FUNDS | £ |
£ |
|||
The notes on pages 4-9 form part of these financial statements | |
page 2 | |
In approving these financial statements as directors of the company we hereby confirm the following: | |||
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. | |||
The financial statements were approved and authorised for issue by the board of directors on |
|||
Signed on behalf of the board of directors | |||
The notes on pages 4-9 form part of these financial statements | |
page 3 | |
R J R FREEMAN HOMES LTD | |||
NOTES TO THE ACCOUNTS | |||
FOR THE YEAR ENDED 31 MAY 2023 |
1. | SIGNIFICANT ACCOUNTING POLICIES | ||
1a. | Statement of compliance | |||
R J R Freeman Homes Ltd is a company limited by shares incorporated in |
||||
Registered office: | ||||
Clump Lane Horley BANBURY OX15 6AX |
||||
1b | Basis of accounting | |||
1c. | Revenue recognition | |||
The notes on pages 4-9 form part of these financial statements | |
page 4 | |
R J R FREEMAN HOMES LTD | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 MAY 2023 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1d. | Taxation | |||
1e. | Investment property | ||
and loss account accumulated in the profit and loss reserve unless a deficit below original cost, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year. |
|||
1f. | Property, plant and equipment | ||
Plant and machinery | |||
Vehicles |
1g. | Inventories | |||
The notes on pages 4-9 form part of these financial statements | |
page 5 | |
R J R FREEMAN HOMES LTD | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 MAY 2023 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1h. | Short term debtors and creditors | |||
1i. | Cash and cash equivalents | |||
1j. | Employee benefits | |||
1k. | Provisions | |||
The notes on pages 4-9 form part of these financial statements | |
page 6 | |
R J R FREEMAN HOMES LTD | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 MAY 2023 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1l. | Judgements and key sources of estimation uncertainty | |||
2. | DIRECTORS AND EMPLOYEES | ||
The average weekly number of employees during the year were as follows: | |||
2023 | 2022 | ||
No. | No. | ||
Production and sales | |||
The notes on pages 4-9 form part of these financial statements | |
page 7 | |
R J R FREEMAN HOMES LTD | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 MAY 2023 |
3. | PROPERTY, PLANT AND EQUIPMENT | ||
Plant & | |||
Machinery | Total | ||
£ | £ | ||
Cost | |||
At 1 June 2022 | |||
Additions other than through business combinations | |||
Disposals | ( |
( |
|
At 31 May 2023 | |||
Depreciation | |||
At 1 June 2022 | |||
Disposals | ( |
( |
|
For the year | |||
At 31 May 2023 | |||
Net Book Amounts | |||
At 31 May 2023 | |||
At 31 May 2022 | |||
Investment Properties | |||
Total | |||
£ | |||
Fair value at 1 June 2022 | |||
Acquisitions through business combinations | |||
Fair value at 31 May 2023 | |||
5. | DEBTORS | 2023 | 2022 |
£ | £ | ||
Trade debtors | |||
Social security and other taxes | |||
Other debtors | |||
£ |
£ |
||
The notes on pages 4-9 form part of these financial statements | |
page 8 | |
R J R FREEMAN HOMES LTD | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 MAY 2023 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
2023 | 2022 | ||
£ | £ | ||
Trade creditors | |||
Taxes and social security | |||
Other creditors | |||
£ |
£ |
||
The notes on pages 4-9 form part of these financial statements | |
page 9 |