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REGISTERED NUMBER: 04497034 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Graham Robinson Limited

Graham Robinson Limited (Registered number: 04497034)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 9

Graham Robinson Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: G J Robinson
S G Robinson





REGISTERED OFFICE: The Riverside Buildings
Uttoxeter Road
Blithbury
Rugeley
Staffordshire
WS15 3JA





REGISTERED NUMBER: 04497034 (England and Wales)





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

Graham Robinson Limited (Registered number: 04497034)

Balance Sheet
31 January 2024

2024 2023
as restated
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,994,041 1,668,742

CURRENT ASSETS
Stocks 440,166 375,000
Debtors 5 264,952 237,168
Cash at bank 5,590 1,784
710,708 613,952
CREDITORS
Amounts falling due within one year 6 (834,178 ) (549,362 )
NET CURRENT (LIABILITIES)/ASSETS (123,470 ) 64,590
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,870,571

1,733,332

CREDITORS
Amounts falling due after more than one
year

7

(1,208,921

)

(1,107,896

)

PROVISIONS FOR LIABILITIES (122,655 ) (189,662 )
NET ASSETS 538,995 435,774

CAPITAL AND RESERVES
Called up share capital 10 100 100
Revaluation reserve 11 84,329 -
Retained earnings 454,566 435,674
SHAREHOLDERS' FUNDS 538,995 435,774

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

Graham Robinson Limited (Registered number: 04497034)

Balance Sheet - continued
31 January 2024


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 30 July 2024 and were signed on its behalf by:





G J Robinson - Director


Graham Robinson Limited (Registered number: 04497034)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Graham Robinson 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% on cost

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 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.

Graham Robinson Limited (Registered number: 04497034)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 1 February 2023 311,071 1,743,161 41,367 2,421 2,098,020
Additions - 507,718 53,590 - 561,308
Disposals - (43,000 ) (21,867 ) - (64,867 )
Revaluations 84,329 - - - 84,329
At 31 January 2024 395,400 2,207,879 73,090 2,421 2,678,790
DEPRECIATION
At 1 February 2023 - 419,847 8,823 608 429,278
Charge for year - 276,093 7,942 506 284,541
Eliminated on disposal - (22,780 ) (6,290 ) - (29,070 )
At 31 January 2024 - 673,160 10,475 1,114 684,749
NET BOOK VALUE
At 31 January 2024 395,400 1,534,719 62,615 1,307 1,994,041
At 31 January 2023 311,071 1,323,314 32,544 1,813 1,668,742

Cost or valuation at 31 January 2024 is represented by:

Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
Valuation in 2024 84,329 - - - 84,329
Cost 311,071 2,207,879 73,090 2,421 2,594,461
395,400 2,207,879 73,090 2,421 2,678,790

Graham Robinson Limited (Registered number: 04497034)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST OR VALUATION
At 1 February 2023 1,528,016 41,367 1,569,383
Additions 507,718 53,590 561,308
Disposals (43,000 ) (21,867 ) (64,867 )
Transfer to ownership (64,085 ) - (64,085 )
At 31 January 2024 1,928,649 73,090 2,001,739
DEPRECIATION
At 1 February 2023 308,184 8,823 317,007
Charge for year 243,930 7,942 251,872
Eliminated on disposal (22,780 ) (6,290 ) (29,070 )
Transfer to ownership (43,990 ) - (43,990 )
At 31 January 2024 485,344 10,475 495,819
NET BOOK VALUE
At 31 January 2024 1,443,305 62,615 1,505,920
At 31 January 2023 1,219,832 32,544 1,252,376

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade debtors 212,113 198,041
Other debtors 52,839 39,127
264,952 237,168

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Bank loans and overdrafts 63,730 84,975
Hire purchase contracts (see note 8) 442,922 254,852
Trade creditors 245,892 93,906
Taxation and social security 3,962 45,048
Other creditors 77,672 70,581
834,178 549,362

Graham Robinson Limited (Registered number: 04497034)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
as restated
£    £   
Bank loans 269,522 265,302
Hire purchase contracts (see note 8) 939,399 842,594
1,208,921 1,107,896

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 158,737 155,805

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
as restated
£    £   
Net obligations repayable:
Within one year 442,922 254,852
Between one and five years 939,399 842,594
1,382,321 1,097,446

Non-cancellable operating leases
2024 2023
as restated
£    £   
Within one year 31,761 63,911
Between one and five years 58,229 138,487
89,990 202,398

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
as restated
£    £   
Bank loans 190,602 202,171

There is a fixed charge with Barclays Security Trustee Limited dated 18 December 2020 in relation to 32.95 acres of land and buildings at Priory Farm which is secured against the assets of the company.

Graham Robinson Limited (Registered number: 04497034)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: as restated
£    £   
100 Ordinary £1 100 100

11. RESERVES
Revaluation
reserve
£   
Revaluations 84,329

At 31 January 2024 84,329

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Graham Robinson 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Graham Robinson Limited for the year ended 31 January 2024 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Graham Robinson Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Graham Robinson Limited and state those matters that we have agreed to state to the Board of Directors of Graham Robinson Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Graham Robinson Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Graham Robinson Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Graham Robinson Limited. You consider that Graham Robinson Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Graham Robinson Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


30 July 2024