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REGISTERED NUMBER: 00822961 (England and Wales)












Unaudited Financial Statements for the Year Ended 30 November 2023

for

R.R. Foster Limited

R.R. Foster Limited (Registered number: 00822961)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R.R. Foster Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: R A Foster





REGISTERED OFFICE: 117 Effingham Street
Rotherham
S65 1LB





REGISTERED NUMBER: 00822961 (England and Wales)





ACCOUNTANTS: Hardwicks
Chartered Accountants

R.R. Foster Limited (Registered number: 00822961)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,019 25,131

CURRENT ASSETS
Stocks 181,969 203,506
Debtors 5 39,072 13,661
Cash at bank and in hand 186,426 188,205
407,467 405,372
CREDITORS
Amounts falling due within one year 6 195,022 180,155
NET CURRENT ASSETS 212,445 225,217
TOTAL ASSETS LESS CURRENT
LIABILITIES

242,464

250,348

PROVISIONS FOR LIABILITIES 2,139 2,139
NET ASSETS 240,325 248,209

CAPITAL AND RESERVES
Called up share capital 23 23
Capital redemption reserve 77 77
Retained earnings 240,225 248,109
SHAREHOLDERS' FUNDS 240,325 248,209

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.R. Foster Limited (Registered number: 00822961)

Balance Sheet - continued
30 November 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 5 August 2024 and were signed by:





R A Foster - Director


R.R. Foster Limited (Registered number: 00822961)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

R.R. Foster 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 - 33% on cost, 25% on reducing balance and 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
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.

R.R. Foster Limited (Registered number: 00822961)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 7 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 85,531
Additions 38,045
Disposals (44,308 )
At 30 November 2023 79,268
DEPRECIATION
At 1 December 2022 60,400
Charge for year 9,157
Eliminated on disposal (20,308 )
At 30 November 2023 49,249
NET BOOK VALUE
At 30 November 2023 30,019
At 30 November 2022 25,131

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 33,928 8,124
Other debtors 5,144 5,537
39,072 13,661

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Hire purchase contracts 13,863 -
Trade creditors 123,575 86,691
Taxation and social security 16,995 30,208
Other creditors 40,589 63,256
195,022 180,155