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REGISTERED NUMBER: 11494657 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

R AND R HOLDINGS SOUTHERN LIMITED

R AND R HOLDINGS SOUTHERN LIMITED (REGISTERED NUMBER: 11494657)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R AND R HOLDINGS SOUTHERN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: Mr K Read
Mr P Read





REGISTERED OFFICE: Brickfields
Newnham Road
Binstead
Isle of Wight
PO33 3TH





REGISTERED NUMBER: 11494657 (England and Wales)





ACCOUNTANTS: Mackenzies
Chartered Accountants
1 Langley Court
Pyle Street
Newport
Isle of Wight
PO30 1LA

R AND R HOLDINGS SOUTHERN LIMITED (REGISTERED NUMBER: 11494657)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 1,748,336 1,344,039
Investments 5 72 72
1,748,408 1,344,111

CURRENT ASSETS
Debtors 6 596,714 695,047
Cash at bank and in hand 603,010 344,869
1,199,724 1,039,916
CREDITORS
Amounts falling due within one year 7 163,745 51,072
NET CURRENT ASSETS 1,035,979 988,844
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,784,387

2,332,955

PROVISIONS FOR LIABILITIES 321,342 226,130
NET ASSETS 2,463,045 2,106,825

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,462,945 2,106,725
SHAREHOLDERS' FUNDS 2,463,045 2,106,825

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

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

R AND R HOLDINGS SOUTHERN LIMITED (REGISTERED NUMBER: 11494657)

BALANCE SHEET - continued
31 JULY 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 April 2024 and were signed on its behalf by:





Mr K Read - Director


R AND R HOLDINGS SOUTHERN LIMITED (REGISTERED NUMBER: 11494657)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

R and R Holdings Southern 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.
Plant and machinery etc - 25% on reducing balance

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

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 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.

3. EMPLOYEES AND DIRECTORS

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

R AND R HOLDINGS SOUTHERN LIMITED (REGISTERED NUMBER: 11494657)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 August 2022 3,001,802
Additions 898,870
Disposals (116,354 )
At 31 July 2023 3,784,318
DEPRECIATION
At 1 August 2022 1,657,763
Charge for year 385,912
Eliminated on disposal (7,693 )
At 31 July 2023 2,035,982
NET BOOK VALUE
At 31 July 2023 1,748,336
At 31 July 2022 1,344,039

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 August 2022
and 31 July 2023 72
NET BOOK VALUE
At 31 July 2023 72
At 31 July 2022 72

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors - 10,800
Amounts owed by group undertakings 596,714 684,247
596,714 695,047

R AND R HOLDINGS SOUTHERN LIMITED (REGISTERED NUMBER: 11494657)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade creditors 132,195 51,000
VAT 4,030 -
Directors' current accounts 72 72
Accruals and deferred income 27,448 -
163,745 51,072

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr K Read.