IRIS Accounts Production v24.3.2.46 05805557 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh058055572023-04-30058055572024-04-30058055572023-05-012024-04-30058055572022-04-30058055572022-05-012023-04-30058055572023-04-3005805557ns15:EnglandWales2023-05-012024-04-3005805557ns14:PoundSterling2023-05-012024-04-3005805557ns10:Director12023-05-012024-04-3005805557ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3005805557ns10:SmallEntities2023-05-012024-04-3005805557ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3005805557ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3005805557ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3005805557ns10:FullAccounts2023-05-012024-04-300580555712023-05-012024-04-3005805557ns10:OrdinaryShareClass12023-05-012024-04-3005805557ns10:Director22023-05-012024-04-3005805557ns10:CompanySecretary12023-05-012024-04-3005805557ns10:RegisteredOffice2023-05-012024-04-3005805557ns5:CurrentFinancialInstruments2024-04-3005805557ns5:CurrentFinancialInstruments2023-04-3005805557ns5:ShareCapital2024-04-3005805557ns5:ShareCapital2023-04-3005805557ns5:RetainedEarningsAccumulatedLosses2024-04-3005805557ns5:RetainedEarningsAccumulatedLosses2023-04-3005805557ns5:NetGoodwill2023-05-012024-04-3005805557ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3005805557ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-05-012024-04-3005805557ns5:PlantMachinery2023-05-012024-04-3005805557ns5:FurnitureFittings2023-05-012024-04-3005805557ns5:MotorVehicles2023-05-012024-04-3005805557ns5:NetGoodwill2023-04-3005805557ns5:IntangibleAssetsOtherThanGoodwill2023-04-3005805557ns5:NetGoodwill2024-04-3005805557ns5:IntangibleAssetsOtherThanGoodwill2024-04-3005805557ns5:NetGoodwill2023-04-3005805557ns5:IntangibleAssetsOtherThanGoodwill2023-04-3005805557ns5:LandBuildings2023-04-3005805557ns5:PlantMachinery2023-04-3005805557ns5:LandBuildings2023-05-012024-04-3005805557ns5:LandBuildings2024-04-3005805557ns5:PlantMachinery2024-04-3005805557ns5:LandBuildings2023-04-3005805557ns5:PlantMachinery2023-04-3005805557ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3005805557ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3005805557ns10:OrdinaryShareClass12024-04-30
REGISTERED NUMBER: 05805557 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

R & F SOTEN LIMITED

R & F SOTEN LIMITED (REGISTERED NUMBER: 05805557)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R & F SOTEN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: R J Soten
Mrs F Soten





SECRETARY: Mrs F Soten





REGISTERED OFFICE: 100 Sudeley
Dosthill
Tamworth
Staffordshire
B77 1JU





REGISTERED NUMBER: 05805557 (England and Wales)





ACCOUNTANTS: Philip Barnes & Co Limited
Chartered Accountants
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB

R & F SOTEN LIMITED (REGISTERED NUMBER: 05805557)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,056 3,427
Tangible assets 5 117,481 126,533
119,537 129,960

CURRENT ASSETS
Stocks 22,845 22,397
Debtors 6 77,001 71,366
Cash at bank 30,959 67,173
130,805 160,936
CREDITORS
Amounts falling due within one year 7 52,449 87,262
NET CURRENT ASSETS 78,356 73,674
TOTAL ASSETS LESS CURRENT
LIABILITIES

197,893

203,634

PROVISIONS FOR LIABILITIES 3,700 4,850
NET ASSETS 194,193 198,784

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 194,093 198,684
SHAREHOLDERS' FUNDS 194,193 198,784

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 Profit and Loss Account has not been delivered.

R & F SOTEN LIMITED (REGISTERED NUMBER: 05805557)

BALANCE SHEET - continued
30 APRIL 2024



The financial statements were approved by the Board of Directors and authorised for issue on 22 January 2025 and were signed on its behalf by:





R J Soten - Director


R & F SOTEN LIMITED (REGISTERED NUMBER: 05805557)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

R & F Soten 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 significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill represents amounts paid in connection with an acquisition of a business. Amortisation is provided so as to write off the cost of goodwill evenly over its estimated useful life of ten years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 15% reducing balance
Fixtures and fittings - 33% on cost and 15% reducing balance
Motor vehicles - 25% 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 Profit and Loss Account, 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.


R & F SOTEN LIMITED (REGISTERED NUMBER: 05805557)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 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.

3. EMPLOYEES

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 34,584 10,000 44,584
AMORTISATION
At 1 May 2023 31,157 10,000 41,157
Charge for year 1,371 - 1,371
At 30 April 2024 32,528 10,000 42,528
NET BOOK VALUE
At 30 April 2024 2,056 - 2,056
At 30 April 2023 3,427 - 3,427

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 115,025 39,343 154,368
DEPRECIATION
At 1 May 2023 14,255 13,580 27,835
Charge for year 2,763 6,289 9,052
At 30 April 2024 17,018 19,869 36,887
NET BOOK VALUE
At 30 April 2024 98,007 19,474 117,481
At 30 April 2023 100,770 25,763 126,533

R & F SOTEN LIMITED (REGISTERED NUMBER: 05805557)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 74,743 70,087
Other debtors 2,258 1,279
77,001 71,366

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 15,711 4,551
Taxation and social security 24,539 31,124
Other creditors 12,199 51,587
52,449 87,262

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100