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REGISTERED NUMBER: 04374822 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ROBINS OF HERSTMONCEUX LIMITED

ROBINS OF HERSTMONCEUX LIMITED (REGISTERED NUMBER: 04374822)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

ROBINS OF HERSTMONCEUX LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: M E Robins
I G Robins





REGISTERED OFFICE: Sandbanks
Chilsham Lane
Herstmonceux
Hailsham
East Sussex
BN27 4QG





REGISTERED NUMBER: 04374822 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

ROBINS OF HERSTMONCEUX LIMITED (REGISTERED NUMBER: 04374822)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 978,043 1,033,200

CURRENT ASSETS
Stocks 35,000 35,000
Debtors 5 604,347 648,576
Cash at bank and in hand 1,560,920 873,522
2,200,267 1,557,098
CREDITORS
Amounts falling due within one year 6 593,053 405,395
NET CURRENT ASSETS 1,607,214 1,151,703
TOTAL ASSETS LESS CURRENT LIABILITIES 2,585,257 2,184,903

CREDITORS
Amounts falling due after more than one year 7 (184,531 ) (225,606 )

PROVISIONS FOR LIABILITIES (237,633 ) (254,504 )
NET ASSETS 2,163,093 1,704,793

CAPITAL AND RESERVES
Called up share capital 2 2
Share premium 970,459 1,090,555
Retained earnings 1,192,632 614,236
2,163,093 1,704,793

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

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

ROBINS OF HERSTMONCEUX LIMITED (REGISTERED NUMBER: 04374822)

BALANCE SHEET - continued
31 DECEMBER 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 Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by:




I G Robins - Director



M E Robins - Director


ROBINS OF HERSTMONCEUX LIMITED (REGISTERED NUMBER: 04374822)

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

1. STATUTORY INFORMATION

Robins Of Herstmonceux 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.

The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

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 - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% 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.

ROBINS OF HERSTMONCEUX LIMITED (REGISTERED NUMBER: 04374822)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2022 - 32 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 1,458,672 8,097 25,052 6,231 1,498,052
Additions 179,782 - 14,083 - 193,865
Disposals (23,653 ) - - - (23,653 )
At 31 December 2023 1,614,801 8,097 39,135 6,231 1,668,264
DEPRECIATION
At 1 January 2023 455,220 2,223 5,251 2,158 464,852
Charge for year 226,671 1,175 4,902 815 233,563
Eliminated on disposal (8,194 ) - - - (8,194 )
At 31 December 2023 673,697 3,398 10,153 2,973 690,221
NET BOOK VALUE
At 31 December 2023 941,104 4,699 28,982 3,258 978,043
At 31 December 2022 1,003,452 5,874 19,801 4,073 1,033,200

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 451,740 589,129
Other debtors 140,418 -
VAT - 41,860
Prepayments 12,189 17,587
604,347 648,576

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 107,940 123,719
Trade creditors 88,095 106,937
Tax 196,412 44,515
Social security and other taxes 29,008 27,611
VAT 135,932 -
Other creditors 28,050 46,588
Directors' current accounts - 45,525
Accrued expenses 7,616 10,500
593,053 405,395

ROBINS OF HERSTMONCEUX LIMITED (REGISTERED NUMBER: 04374822)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 184,531 225,606

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Hire purchase contracts 292,471 349,325

9. CONTINGENT LIABILITIES

HSBC UK Bank PLC holds a debenture dated 13 September 2021, including a fixed and floating charge over all assets, the floating charge covering all the property or undertaking of the company.

HSBC UK Bank PLC also holds a legal assignment of contract monies dated 12 October 2021.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ROBINS OF HERSTMONCEUX 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 Robins Of Herstmonceux Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet 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 Robins Of Herstmonceux 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 Robins Of Herstmonceux Limited and state those matters that we have agreed to state to the Board of Directors of Robins Of Herstmonceux 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 Robins Of Herstmonceux Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Robins Of Herstmonceux 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 Robins Of Herstmonceux Limited. You consider that Robins Of Herstmonceux 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 Robins Of Herstmonceux 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.






Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP


16 September 2024