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REGISTERED NUMBER: 09828624 (England and Wales)











ROBINSONS WAREHOUSE & DISTRIBUTION
SERVICES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






ROBINSONS WAREHOUSE & DISTRIBUTION
SERVICES LIMITED (REGISTERED NUMBER: 09828624)

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










Page

Balance Sheet 1

Notes to the Financial Statements 3


ROBINSONS WAREHOUSE & DISTRIBUTION
SERVICES LIMITED (REGISTERED NUMBER: 09828624)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 429,791 515,220

CURRENT ASSETS
Debtors 5 181,453 369,885
Prepayments and accrued income 82,465 60,302
Cash at bank 1,826 -
265,744 430,187
CREDITORS
Amounts falling due within one year 6 554,147 597,191
NET CURRENT LIABILITIES (288,403 ) (167,004 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

141,388

348,216

CREDITORS
Amounts falling due after more than one
year

7

(89,774

)

(182,984

)

PROVISIONS FOR LIABILITIES (4,223 ) -

ACCRUALS AND DEFERRED INCOME (21,154 ) (14,708 )
NET ASSETS 26,237 150,524

CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 12,668 -
Retained earnings 13,469 150,424
SHAREHOLDERS' FUNDS 26,237 150,524

ROBINSONS WAREHOUSE & DISTRIBUTION
SERVICES LIMITED (REGISTERED NUMBER: 09828624)

BALANCE SHEET - continued
30 SEPTEMBER 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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 19 February 2025 and were signed on its behalf by:




Mrs L Robinson - Director



J Robinson - Director


ROBINSONS WAREHOUSE & DISTRIBUTION
SERVICES LIMITED (REGISTERED NUMBER: 09828624)

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


1. STATUTORY INFORMATION

Robinsons Warehouse & Distribution Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09828624

Registered office: 3 Earlstrees Road
Earlstrees Industrial Estate
Corby
Northamptonshire
NN17 4AZ

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 as modified by the revaluation of certain assets.

Changes in accounting policies
The company has undertaken a review of the entity's pattern of consumption of the fixed assets used within the business. From 1 October 2023 the methods of depreciation have changed as follows:

AssetOld rateNew rate
Leasehold property costsOver period of lease10% SL
Plant and machinery10% SL25% RB
Fixtures and fittings10% SL20% SL and 20% RB
Motor vehicles25% SL25% RB
Heavy haulage vehicles25% SL25% RB

SL refers to on cost and RB refers to reducing balance.

The company has also adopted a revaluation model for heavy haulage assets with assets being revalued at the 30 September 2024.

Turnover
Turnover represents amounts (excluding value added tax) derived from the provision of goods and services to customers during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold property costs - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on cost and 20% on reducing balance
Motor vehicles - 25% on reducing balance
Heavy haulage vehicles - 25% on reducing balance

The directors review depreciation rates and residual values including revaluations of the heavy haulage on an annual basis. Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

ROBINSONS WAREHOUSE & DISTRIBUTION
SERVICES LIMITED (REGISTERED NUMBER: 09828624)

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


2. ACCOUNTING POLICIES - continued

Debtors and creditors
Debtors receivable / creditors payable within one year are measured at transaction price (less any impairment losses on debtors for bad and doubtful debts). Loans and other financial assets / liabilities are initially measured at transaction price and subsequently measured at amortised cost determined using the effective interest method (less any impairment losses on debtors) for bad and doubtful debts.

Any losses arising from impairment are recognised in the profit and loss account.

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.

Going concern
The company has net current liabilities of £288,403 (2023 - £167,004). This is the result of group loans payable of £293,156 (2023 - £145,986). The company is dependent on these group loans to fund its working capital. Assurances have been given that group support will continue for the foreseeable future.

The financial statements have been prepared on a going concern basis as the directors have a reasonable expectation that the group has adequate resources for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

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

ROBINSONS WAREHOUSE & DISTRIBUTION
SERVICES LIMITED (REGISTERED NUMBER: 09828624)

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


4. TANGIBLE FIXED ASSETS
Leasehold Fixtures
property Plant and and
costs machinery fittings
£    £    £   
COST OR VALUATION
At 1 October 2023 13,630 57,768 11,483
Additions - 8,386 442
Disposals - - -
Revaluations - - -
Reclassification/transfer - - -
At 30 September 2024 13,630 66,154 11,925
DEPRECIATION
At 1 October 2023 8,164 28,542 7,316
Charge for year 1,363 8,543 964
Eliminated on disposal - - -
Revaluation adjustments - - -
Reclassification/transfer - - -
At 30 September 2024 9,527 37,085 8,280
NET BOOK VALUE
At 30 September 2024 4,103 29,069 3,645
At 30 September 2023 5,466 29,226 4,167

ROBINSONS WAREHOUSE & DISTRIBUTION
SERVICES LIMITED (REGISTERED NUMBER: 09828624)

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


4. TANGIBLE FIXED ASSETS - continued

Heavy
Motor haulage
vehicles vehicles Totals
£    £    £   
COST OR VALUATION
At 1 October 2023 745,983 - 828,864
Additions 61,555 - 70,383
Disposals (17,300 ) - (17,300 )
Revaluations - (295,883 ) (295,883 )
Reclassification/transfer (610,133 ) 610,133 -
At 30 September 2024 180,105 314,250 586,064
DEPRECIATION
At 1 October 2023 269,622 - 313,644
Charge for year 21,310 101,762 133,942
Eliminated on disposal (1,730 ) - (1,730 )
Revaluation adjustments - (289,583 ) (289,583 )
Reclassification/transfer (187,821 ) 187,821 -
At 30 September 2024 101,381 - 156,273
NET BOOK VALUE
At 30 September 2024 78,724 314,250 429,791
At 30 September 2023 476,361 - 515,220

Cost or valuation at 30 September 2024 is represented by:

Leasehold Fixtures
property Plant and and
costs machinery fittings
£    £    £   

Cost 13,630 66,154 11,925
13,630 66,154 11,925

Heavy
Motor haulage
vehicles vehicles Totals
£    £    £   
Valuation in 2024 - (295,883 ) (295,883 )
Cost 180,105 610,133 881,947
180,105 314,250 586,064

Heavy haulage vehicles were valued on an open market basis on 30 September 2024 by Mr B Robinson.

ROBINSONS WAREHOUSE & DISTRIBUTION
SERVICES LIMITED (REGISTERED NUMBER: 09828624)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 178,453 168,428
Amounts owed by group undertakings - 199,457
Other debtors 3,000 2,000
181,453 369,885

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 3,795
Hire purchase contracts and finance leases 95,758 128,592
Trade creditors 93,627 56,311
Amounts owed to group undertakings 293,156 345,443
Other creditors 71,606 63,050
554,147 597,191

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts and finance leases 89,774 182,984

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts and finance leases 185,532 311,576
Factoring advances 63,348 59,826
248,880 371,402

Hire purchase contracts and finance leases are secured against the assets to which they relate. Factoring advances are included within other creditors on the balance sheet and are secured against all of the assets of the company by the way of a fixed and floating charge.

9. CALLED UP SHARE CAPITAL

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

ROBINSONS WAREHOUSE & DISTRIBUTION
SERVICES LIMITED (REGISTERED NUMBER: 09828624)

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


10. RESERVES
Revaluation
reserve
£   
Revaluation 16,891
Deferred tax (4,223 )

At 30 September 2024 12,668

11. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kim Leslie Parry FCCA (Senior Statutory Auditor)
for and on behalf of CFW Accountants LLP

12. OTHER FINANCIAL COMMITMENTS

Not included in the balance sheet are financial commitments which commenced in the year, in the form of operating leases, amounting to £nil (2023 - £13,347).

13. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Robinsons Logistics Group Limited.

The ultimate parent company is Robinsons Logistics Group Limited. The ultimate parent company's registered office is 3 Earlstrees Road, Earlstrees Industrial Estate, Corby, Northamptonshire, England, NN17 4AZ.

The ultimate controlling party is Mr B Robinson.