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Registered number: 10289236

Rhoades Murrell Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2024

Prepared By:
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Rhoades Murrell Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2024
DIRECTORS
I Rhoades
REGISTERED OFFICE
1 Scotland Road
Carlisle
Cumbria
CA3 9HR
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10289236
ACCOUNTANTS
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Rhoades Murrell Limited

ACCOUNTS
FOR THEYEARENDED31/07/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Rhoades Murrell Limited

BALANCE SHEET AT 31/07/2024
20242023
Notes££
FIXED ASSETS
Tangible assets344,96652,901
CURRENT ASSETS
Stock5,7154,145
Cash at bank and in hand32,53260,759
38,24764,904
CREDITORS: Amounts falling due within one year5104,211120,757
NET CURRENT LIABILITIES(65,964)(55,853)
TOTAL ASSETS LESS CURRENT LIABILITIES(20,998)(2,952)
CREDITORS: Amounts falling due after more than one year69,16719,167
NET LIABILITIES(30,165)(22,119)
CAPITAL AND RESERVES
Called up share capital722
Profit and loss account(30,167)(22,121)
SHAREHOLDERS' FUNDS(30,165)(22,119)
For the year ending 31/07/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 04/11/2024 and signed on their behalf by
.............................
I Rhoades
Director

Rhoades Murrell Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.Turnover represents takings for goods and services as they are supplied.

Rhoades Murrell Limited

2. EMPLOYEES
20242023
No.No.
Average number of employees1311
3. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 01/08/2023167,578167,578
At 31/07/2024167,578167,578
Depreciation
At 01/08/2023114,677114,677
For the year7,9357,935
At 31/07/2024122,612122,612
Net Book Amounts
At 31/07/202444,96644,966
At 31/07/202352,90152,901
4. STOCK 20242023
££
Stock comprises:
Stock5,7154,145
5,7154,145
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax200200
VAT15,09913,896
Other tax and social security creditors3,8795,306
Bank loan10,00010,000
Trade creditors19,77336,251
Other creditors49,88549,885
Accruals5,3755,219
104,211120,757

Rhoades Murrell Limited

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr9,16719,167
9,16719,167
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
8. RELATED PARTY TRANSACTIONS
No remuneration was paid to the director during the year (2023 - £Nil).
9. GUARANTEES AND OTHER FINANCIAL COMMITMENTS
At the balance sheet date the company had total commitments under operating leases of £24,000.
10. ADDITIONAL INFORMATION
The company is a private company, limited by shares and registered in England & Wales.
The company's registered number is 10289236.
The company's registered office is 1 Scotland Road, Carlisle, CA3 9HR.