IRIS Accounts Production v24.2.0.383 05126267 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false X,Z,Y Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh051262672023-05-31051262672024-05-31051262672023-06-012024-05-31051262672022-05-31051262672022-06-012023-05-31051262672023-05-3105126267ns15:EnglandWales2023-06-012024-05-3105126267ns14:PoundSterling2023-06-012024-05-3105126267ns10:Director12023-06-012024-05-3105126267ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3105126267ns10:SmallEntities2023-06-012024-05-3105126267ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3105126267ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3105126267ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3105126267ns10:FullAccounts2023-06-012024-05-3105126267ns10:OrdinaryShareClass32023-06-012024-05-3105126267ns10:Director22023-06-012024-05-3105126267ns10:Director32023-06-012024-05-3105126267ns10:CompanySecretary12023-06-012024-05-3105126267ns10:RegisteredOffice2023-06-012024-05-3105126267ns5:CurrentFinancialInstruments2024-05-3105126267ns5:CurrentFinancialInstruments2023-05-3105126267ns5:Non-currentFinancialInstruments2024-05-3105126267ns5:Non-currentFinancialInstruments2023-05-3105126267ns5:ShareCapital2024-05-3105126267ns5:ShareCapital2023-05-3105126267ns5:RetainedEarningsAccumulatedLosses2024-05-3105126267ns5:RetainedEarningsAccumulatedLosses2023-05-3105126267ns5:PlantMachinery2023-06-012024-05-3105126267ns5:FurnitureFittings2023-06-012024-05-3105126267ns5:MotorVehicles2023-06-012024-05-3105126267ns5:ComputerEquipment2023-06-012024-05-3105126267ns5:PlantMachinery2023-05-3105126267ns5:FurnitureFittings2023-05-3105126267ns5:MotorVehicles2023-05-3105126267ns5:ComputerEquipment2023-05-3105126267ns5:PlantMachinery2024-05-3105126267ns5:FurnitureFittings2024-05-3105126267ns5:MotorVehicles2024-05-3105126267ns5:ComputerEquipment2024-05-3105126267ns5:PlantMachinery2023-05-3105126267ns5:FurnitureFittings2023-05-3105126267ns5:MotorVehicles2023-05-3105126267ns5:ComputerEquipment2023-05-3105126267ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3105126267ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3105126267ns5:Secured2024-05-3105126267ns5:Secured2023-05-3105126267ns10:OrdinaryShareClass32024-05-31051262671ns10:Director12023-05-31051262671ns10:Director12022-05-31051262671ns10:Director12023-06-012024-05-31051262671ns10:Director12022-06-012023-05-31051262671ns10:Director12024-05-31051262671ns10:Director12023-05-3105126267ns10:Director222023-05-3105126267ns10:Director222022-05-3105126267ns10:Director222023-06-012024-05-3105126267ns10:Director222022-06-012023-05-3105126267ns10:Director222024-05-3105126267ns10:Director222023-05-3105126267ns10:Director332023-05-3105126267ns10:Director332022-05-3105126267ns10:Director332023-06-012024-05-3105126267ns10:Director332022-06-012023-05-3105126267ns10:Director332024-05-3105126267ns10:Director332023-05-31
REGISTERED NUMBER: 05126267 (England and Wales)














Financial Statements

for the Year Ended 31 May 2024

for

R And R / Newton Bar Supplies Limited

R And R / Newton Bar Supplies Limited (Registered number: 05126267)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R And R / Newton Bar Supplies Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: B Phillips
D S Broadhead
H A Powsey





SECRETARY: B Phillips





REGISTERED OFFICE: Oriel House
2 - 8 Oriel Road
Bootle
Merseyside
L20 7EP





REGISTERED NUMBER: 05126267 (England and Wales)





ACCOUNTANTS: SB&P
Chartered Accountants
Oriel House
2-8 Oriel Road
Bootle
Liverpool
Merseyside
L20 7EP

R And R / Newton Bar Supplies Limited (Registered number: 05126267)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 42,068 52,850

CURRENT ASSETS
Stocks 5 97,191 82,543
Debtors 6 172,804 200,441
Cash at bank and in hand 33,267 12,090
303,262 295,074
CREDITORS
Amounts falling due within one year 7 126,539 163,361
NET CURRENT ASSETS 176,723 131,713
TOTAL ASSETS LESS CURRENT LIABILITIES 218,791 184,563

CREDITORS
Amounts falling due after more than one year 8 (8,405 ) (17,738 )

PROVISIONS FOR LIABILITIES (10,517 ) (7,652 )
NET ASSETS 199,869 159,173

CAPITAL AND RESERVES
Called up share capital 10 218 218
Retained earnings 199,651 158,955
SHAREHOLDERS' FUNDS 199,869 159,173

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

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

R And R / Newton Bar Supplies Limited (Registered number: 05126267)

Balance Sheet - continued
31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by:





B Phillips - Director


R And R / Newton Bar Supplies Limited (Registered number: 05126267)

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


1. STATUTORY INFORMATION

R And R / Newton Bar Supplies 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 - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on reducing balance

Fixed assets are recognised at historical cost less depreciation.

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 Statement of Income and Retained Earnings, 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 And R / Newton Bar Supplies Limited (Registered number: 05126267)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023
and 31 May 2024 24,111 21,262 53,466 21,783 120,622
DEPRECIATION
At 1 June 2023 16,359 20,999 12,619 17,795 67,772
Charge for year 1,550 66 8,169 997 10,782
At 31 May 2024 17,909 21,065 20,788 18,792 78,554
NET BOOK VALUE
At 31 May 2024 6,202 197 32,678 2,991 42,068
At 31 May 2023 7,752 263 40,847 3,988 52,850

5. STOCKS
31.5.24 31.5.23
£    £   
Stocks 97,191 82,543

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 172,804 200,441

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 8,197 7,995
Hire purchase contracts 1,848 3,696
Trade creditors 19,365 51,742
Taxation and social security 61,565 55,989
Other creditors 35,564 43,939
126,539 163,361

R And R / Newton Bar Supplies Limited (Registered number: 05126267)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans 8,405 15,890
Hire purchase contracts - 1,848
8,405 17,738

9. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Bank loans 16,602 23,885
Hire purchase contracts 1,848 5,544
18,450 29,429

All the company's liabilities to The Royal Bank of Scotland plc (present, future, actual or contingent and whether incurred alone or jointly with another) including interest and expenses are secured by the company assets.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
218 X,Z,Y Ordinary £1 218 218

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
B Phillips
Balance outstanding at start of year (18,204 ) (209 )
Amounts advanced 28,092 22,602
Amounts repaid (26,502 ) (40,597 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (16,614 ) (18,204 )

R And R / Newton Bar Supplies Limited (Registered number: 05126267)

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


11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

D S Broadhead
Balance outstanding at start of year (10,636 ) (237 )
Amounts advanced 43,550 39,000
Amounts repaid (43,600 ) (49,399 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (10,686 ) (10,636 )

H A Powsey
Balance outstanding at start of year (4,238 ) (134 )
Amounts advanced 48,042 44,765
Amounts repaid (48,070 ) (48,869 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (4,266 ) (4,238 )