IRIS Accounts Production v24.1.0.578 11123938 Board of Directors 1.3.23 29.2.24 29.2.24 No description of principal activity false true true false false false true false Ordinary 0.01000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure111239382023-02-28111239382024-02-29111239382023-03-012024-02-29111239382022-02-28111239382022-03-012023-02-28111239382023-02-2811123938ns16:EnglandWales2023-03-012024-02-2911123938ns15:PoundSterling2023-03-012024-02-2911123938ns11:Director12023-03-012024-02-2911123938ns11:CompanySecretary12023-03-012024-02-2911123938ns11:PrivateLimitedCompanyLtd2023-03-012024-02-2911123938ns11:FRS1022023-03-012024-02-2911123938ns11:Audited2023-03-012024-02-2911123938ns11:LargeMedium-sizedCompaniesRegimeForDirectorsReport2023-03-012024-02-2911123938ns11:LargeMedium-sizedCompaniesRegimeForAccounts2023-03-012024-02-2911123938ns11:FullAccounts2023-03-012024-02-291112393812023-03-012024-02-2911123938ns11:EntityHasNeverTraded2023-03-012024-02-2911123938ns11:OrdinaryShareClass12023-03-012024-02-2911123938ns11:Director22023-03-012024-02-2911123938ns11:Director32023-03-012024-02-2911123938ns11:RegisteredOffice2023-03-012024-02-2911123938ns6:CurrentFinancialInstruments2024-02-2911123938ns6:CurrentFinancialInstruments2023-02-2811123938ns6:ShareCapital2024-02-2911123938ns6:ShareCapital2023-02-2811123938ns6:RetainedEarningsAccumulatedLosses2024-02-2911123938ns6:RetainedEarningsAccumulatedLosses2023-02-2811123938ns6:ShareCapital2022-02-2811123938ns6:RetainedEarningsAccumulatedLosses2022-02-2811123938ns6:RetainedEarningsAccumulatedLosses2022-03-012023-02-2811123938ns6:RetainedEarningsAccumulatedLosses2023-03-012024-02-2911123938ns6:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2911123938ns6:PatentsTrademarksLicencesConcessionsSimilar2023-03-012024-02-2911123938ns6:OwnedAssets2023-03-012024-02-2911123938ns6:OwnedAssets2022-03-012023-02-2811123938ns6:PatentsTrademarksLicencesConcessionsSimilar2022-03-012023-02-2811123938ns6:PatentsTrademarksLicencesConcessionsSimilar2023-02-2811123938ns6:PatentsTrademarksLicencesConcessionsSimilar2024-02-2911123938ns6:PatentsTrademarksLicencesConcessionsSimilar2023-02-2811123938ns6:ShortLeaseholdAssetsns6:LandBuildings2023-02-2811123938ns6:PlantMachinery2023-02-2811123938ns6:FurnitureFittings2023-02-2811123938ns6:MotorVehicles2023-02-2811123938ns6:ShortLeaseholdAssetsns6:LandBuildings2023-03-012024-02-2911123938ns6:PlantMachinery2023-03-012024-02-2911123938ns6:FurnitureFittings2023-03-012024-02-2911123938ns6:MotorVehicles2023-03-012024-02-2911123938ns6:ShortLeaseholdAssetsns6:LandBuildings2024-02-2911123938ns6:PlantMachinery2024-02-2911123938ns6:FurnitureFittings2024-02-2911123938ns6:MotorVehicles2024-02-2911123938ns6:ShortLeaseholdAssetsns6:LandBuildings2023-02-2811123938ns6:PlantMachinery2023-02-2811123938ns6:FurnitureFittings2023-02-2811123938ns6:MotorVehicles2023-02-2811123938ns6:WithinOneYearns6:CurrentFinancialInstruments2024-02-2911123938ns6:WithinOneYearns6:CurrentFinancialInstruments2023-02-2811123938ns6:WithinOneYear2024-02-2911123938ns6:WithinOneYear2023-02-2811123938ns6:BetweenOneFiveYears2024-02-2911123938ns6:BetweenOneFiveYears2023-02-2811123938ns6:AllPeriods2024-02-2911123938ns6:AllPeriods2023-02-2811123938ns6:AcceleratedTaxDepreciationDeferredTax2024-02-2911123938ns6:AcceleratedTaxDepreciationDeferredTax2023-02-2811123938ns6:DeferredTaxation2023-02-2811123938ns6:DeferredTaxation2023-03-012024-02-2911123938ns6:DeferredTaxation2024-02-2911123938ns11:OrdinaryShareClass12024-02-2911123938ns6:RetainedEarningsAccumulatedLosses2023-02-28
REGISTERED NUMBER: 11123938 (England and Wales)















Report of the Directors and

Financial Statements for the Year Ended 29th February 2024

for

RBR Arden Shoot Limited

RBR Arden Shoot Limited (Registered number: 11123938)






Contents of the Financial Statements
for the Year Ended 29th February 2024




Page

Company Information 1

Report of the Directors 2

Report of the Independent Auditors 3

Statement of Comprehensive Income 5

Balance Sheet 6

Statement of Changes in Equity 7

Cash Flow Statement 8

Notes to the Cash Flow Statement 9

Notes to the Financial Statements 10


RBR Arden Shoot Limited

Company Information
for the Year Ended 29th February 2024







DIRECTORS: J W B Duncan
A H W V Murray
G L Stephenson





SECRETARY: H C Parker





REGISTERED OFFICE: The Courtyard
25 High Street
Hungerford
Berkshire
RG17 0NF





REGISTERED NUMBER: 11123938 (England and Wales)





AUDITORS: James Cowper Kreston Audit
2 Communications Road
Greenham Business Park
Greenham
Newbury
Berkshire
RG19 6AB

RBR Arden Shoot Limited (Registered number: 11123938)

Report of the Directors
for the Year Ended 29th February 2024

The directors present their report with the financial statements of the company for the year ended 29th February 2024.

DIVIDENDS
No dividends will be distributed for the year ended 29th February 2024 (2023 - £nil).

DIRECTORS
The directors shown below have held office during the whole of the period from 1st March 2023 to the date of this report.

J W B Duncan
A H W V Murray
G L Stephenson

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS
The auditors, James Cowper Kreston Audit, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:



H C Parker - Secretary


18th July 2024

Report of the Independent Auditors to the Members of
RBR Arden Shoot Limited

Opinion
We have audited the financial statements of RBR Arden Shoot Limited (the 'company') for the year ended 29th February 2024 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 29th February 2024 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Report of the Directors has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Report of the Independent Auditors to the Members of
RBR Arden Shoot Limited


Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page two, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.

The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves
intentional concealment, forgery, collusion, omission or misrepresentation.

The specific procedures for this engagement that we designed and performed to detect material misstatements in respect of irregularities, including fraud, were as follows:

- Enquiry of management and those charged with governance around actual and potential litigation and claims;
- Enquiry of management and those charged with governance to identify any material instances of noncompliance with laws and regulations;
- Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations;
- Performing audit work to address the risk of irregularities due to management override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for evidence of bias.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Darren O’Connor BSc (Hons), FCCA, ACA (Senior Statutory Auditor)
for and on behalf of James Cowper Kreston Audit
2 Communications Road
Greenham Business Park
Greenham
Newbury
Berkshire
RG19 6AB

18th July 2024

RBR Arden Shoot Limited (Registered number: 11123938)

Statement of Comprehensive Income
for the Year Ended 29th February 2024

2024 2023
Notes £    £   

TURNOVER 1,034,109 728,508

Cost of sales 722,196 491,206
GROSS PROFIT 311,913 237,302

Administrative expenses 251,258 222,739
OPERATING PROFIT 4 60,655 14,563

Interest receivable and similar income 309 -
PROFIT BEFORE TAXATION 60,964 14,563

Tax on profit 5 594 (318 )
PROFIT FOR THE FINANCIAL YEAR 60,370 14,881

OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME FOR THE
YEAR

60,370

14,881

RBR Arden Shoot Limited (Registered number: 11123938)

Balance Sheet
29th February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 6 - -
Tangible assets 7 31,248 41,881
31,248 41,881

CURRENT ASSETS
Debtors: amounts falling due within one year 8 24,654 153,231
Cash in hand 167,077 67,980
191,731 221,211
CREDITORS
Amounts falling due within one year 9 187,760 287,750
NET CURRENT ASSETS/(LIABILITIES) 3,971 (66,539 )
TOTAL ASSETS LESS CURRENT LIABILITIES 35,219 (24,658 )

PROVISIONS FOR LIABILITIES 11 3,058 3,551
NET ASSETS/(LIABILITIES) 32,161 (28,209 )

CAPITAL AND RESERVES
Called up share capital 12 30,000 30,000
Retained earnings 13 2,161 (58,209 )
SHAREHOLDERS' FUNDS 32,161 (28,209 )

The financial statements were approved by the Board of Directors and authorised for issue on 18th July 2024 and were signed on its behalf by:





A H W V Murray - Director


RBR Arden Shoot Limited (Registered number: 11123938)

Statement of Changes in Equity
for the Year Ended 29th February 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1st March 2022 30,000 (73,090 ) (43,090 )

Changes in equity
Total comprehensive income - 14,881 14,881
Balance at 28th February 2023 30,000 (58,209 ) (28,209 )

Changes in equity
Total comprehensive income - 60,370 60,370
Balance at 29th February 2024 30,000 2,161 32,161

RBR Arden Shoot Limited (Registered number: 11123938)

Cash Flow Statement
for the Year Ended 29th February 2024

2024 2023
Notes £    £   
Cash flows from operating activities
Cash generated from operations 1 98,748 (25,811 )
Tax paid 13,602 -
Net cash from operating activities 112,350 (25,811 )

Cash flows from investing activities
Purchase of tangible fixed assets (17,562 ) (43,970 )
Sale of tangible fixed assets 4,000 15,000
Interest received 309 -
Net cash from investing activities (13,253 ) (28,970 )

Increase/(decrease) in cash and cash equivalents 99,097 (54,781 )
Cash and cash equivalents at beginning of year 2 67,980 122,761

Cash and cash equivalents at end of year 2 167,077 67,980

RBR Arden Shoot Limited (Registered number: 11123938)

Notes to the Cash Flow Statement
for the Year Ended 29th February 2024

1. RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS
2024 2023
£    £   
Profit before taxation 60,964 14,563
Depreciation charges 28,195 43,891
Profit on disposal of fixed assets (4,000 ) (4,017 )
Finance income (309 ) -
84,850 54,437
Decrease/(increase) in trade and other debtors 114,975 (124,741 )
(Decrease)/increase in trade and other creditors (101,077 ) 44,493
Cash generated from operations 98,748 (25,811 )

2. CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 29th February 2024
29/2/24 1/3/23
£    £   
Cash and cash equivalents 167,077 67,980
Year ended 28th February 2023
28/2/23 1/3/22
£    £   
Cash and cash equivalents 67,980 122,761


3. ANALYSIS OF CHANGES IN NET FUNDS

At 1/3/23 Cash flow At 29/2/24
£    £    £   
Net cash
Cash at bank and in hand 67,980 99,097 167,077
67,980 99,097 167,077
Total 67,980 99,097 167,077

RBR Arden Shoot Limited (Registered number: 11123938)

Notes to the Financial Statements
for the Year Ended 29th February 2024

1. STATUTORY INFORMATION

RBR Arden Shoot 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
The preparation of the financial statements requires management to make estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. The following have had the most significant effect on amounts recognised in the financial statements:

a) Tangible fixed assets
Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values may vary depending on a number of factors.

b) Bad debt provisions
Provisions are estimated by the company in respect of specific debts based upon the age of the debt and knowledge of known issues.

Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered, net of returns, discounts and value added taxes.

Turnover represents the invoice value of fees and commissions earned by the company arranging events and recognised within the period to which the income is earned with an appropriate proportion of income deferred to the following period, according to the date of the event.

Interest income is recognised using the effective interest rate method.

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of three years.

RBR Arden Shoot Limited (Registered number: 11123938)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation and Residual Values
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. The estimated useful lives range as follows:


Short leasehold5 years
Plant and machinerybetween 3 and 5 years
Fixtures and fittingsbetween 3 and 5 years
Motor vehicles3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Subsequent additions
The Company adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental future benefits to the Company. The carrying amount of the replaced part is disposed.

Repairs and maintenance are charged to administrative expenses in the period in which they are incurred.

Subsequent disposals
Assets which, in the opinion of the management, have come to the end of their useful lives are disposed of. Gains and losses on disposed assets are entered' in the income statement and shown in the operating profit/(loss) disclosure.

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Debtors
Short term debtors 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.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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.


RBR Arden Shoot Limited (Registered number: 11123938)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

2. ACCOUNTING POLICIES - continued
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.

Leasing commitments
Operating Leased Assets
Leases that do not transfer all the risks and rewards of ownership are classified as operating leases. Payments under operating leases are charged to administrative expenses in the income statement.

Employee 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.

The company provides a range of benefits to employees, including a private healthcare scheme, paid holiday arrangements, a defined contribution pension plan and an annual bonus arrangement.

Short term benefits
Short term benefits, including holiday pay and other similar non-monetary benefits are recognised as an expense in the period that the service is received.

Other monetary benefits
Other monetary benefits are recognised as an expense as they are due and healthcare benefits are recognised as an expense which is amortised over the term of the policy and any deferred expenditure is included in prepayments in the balance sheet.

Defined contribution pension plan
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension under which the company pays a fixed contribution into a separate entity. Once the contributions have been paid the company has no further payment obligations. The contributions are recognised as an expense as they are due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

3. EMPLOYEES AND DIRECTORS
2024 2023
£    £   
Wages and salaries 156,471 137,496
Social security costs 5,094 4,947
Other pension costs 2,222 1,915
163,787 144,358

The average number of employees during the year was as follows:
2024 2023

Production and administrative 2 2

The company is managed by its parent Roxton Bailey Robinson Limited and all director's emoluments are borne by the parent or its ultimate parent RBR Group Limited .

RBR Arden Shoot Limited (Registered number: 11123938)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

4. OPERATING PROFIT

The operating profit is stated after charging/(crediting):

2024 2023
£    £   
Rent - other operating leases 121,910 101,221
Depreciation - owned assets 28,195 42,822
Profit on disposal of fixed assets (4,000 ) (4,017 )
Patents and licences amortisation - 1,068
Auditors' remuneration 4,500 3,550

5. TAXATION

Analysis of the tax charge/(credit)
The tax charge/(credit) on the profit for the year was as follows:
2024 2023
£    £   
Current tax:
UK corporation tax 1,087 -

Deferred tax (493 ) (318 )
Tax on profit 594 (318 )

Reconciliation of total tax charge/(credit) included in profit and loss
The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

2024 2023
£    £   
Profit before tax 60,964 14,563
Profit multiplied by the standard rate of corporation tax in the UK of 25% (2023 - 19%) 15,241 2,767

Effects of:
Expenses not deductible for tax purposes 108 78
Capital allowances in excess of depreciation - (1,403 )
Depreciation in excess of capital allowances 321 -
Movement in deferred tax (493 ) (318 )
Loss surrendered to/(from) group (14,950 ) (1,442 )
Impact of marginal relief and rate change 367 -
Total tax charge/(credit) 594 (318 )

RBR Arden Shoot Limited (Registered number: 11123938)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

6. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1st March 2023
and 29th February 2024 20,268
AMORTISATION
At 1st March 2023
and 29th February 2024 20,268
NET BOOK VALUE
At 29th February 2024 -
At 28th February 2023 -

7. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1st March 2023 15,273 208,066 7,089 33,928 264,356
Additions - 17,562 - - 17,562
Disposals - (6,962 ) - - (6,962 )
At 29th February 2024 15,273 218,666 7,089 33,928 274,956
DEPRECIATION
At 1st March 2023 15,273 166,185 7,089 33,928 222,475
Charge for year - 28,195 - - 28,195
Eliminated on disposal - (6,962 ) - - (6,962 )
At 29th February 2024 15,273 187,418 7,089 33,928 243,708
NET BOOK VALUE
At 29th February 2024 - 31,248 - - 31,248
At 28th February 2023 - 41,881 - - 41,881

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,433 -
Tax - 13,602
VAT - 3,360
Deferred costs - 120,000
Prepayments 19,221 16,269
24,654 153,231

RBR Arden Shoot Limited (Registered number: 11123938)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 5,553 68,537
Amounts owed to group undertakings 164,258 150,839
Tax 1,087 -
Social security and other taxes 1,079 1,034
Accruals 15,783 5,240
Deferred income - 62,100
187,760 287,750

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 119,620 119,620
Between one and five years 356,298 475,918
475,918 595,538

11. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 3,058 3,551

Deferred
tax
£   
Balance at 1st March 2023 3,551
Credit to Statement of Comprehensive Income during year (493 )
Transfer to deferred tax asset
Balance at 29th February 2024 3,058

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
3,000,000 Ordinary £0.01 30,000 30,000

RBR Arden Shoot Limited (Registered number: 11123938)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

13. RESERVES
Retained
earnings
£   

At 1st March 2023 (58,209 )
Profit for the year 60,370
At 29th February 2024 2,161

14. PENSION COMMITMENTS

The Company operates a defined contribution pension scheme. The assets of the scheme are held from separately to those of the Company in an independently administered fund. The charge for the year was £2,222 (2023 - £1,915). There were no amounts outstanding at the year end.

15. ULTIMATE PARENT COMPANY

RBR Group Limited is regarded by the directors as being the company's ultimate parent company.

The parent undertaking is Roxton Bailey Robinson Limited (registration number 02822364) and the ultimate holding company is RBR Group Limited (registration number 09952535). Copies of the group consolidated accounts can be obtained from the Company Secretary at The Courtyard, 25 High Street, Hungerford, Berkshire RG17 0NF.

16. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.