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REGISTERED NUMBER: 00793625 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

R.K. DRURY & SONS LIMITED

R.K. DRURY & SONS LIMITED (REGISTERED NUMBER: 00793625)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R.K. DRURY & SONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: R W Drury





REGISTERED OFFICE: North Ings Farm
Terrington
York
North Yorkshire
YO60 6PH





REGISTERED NUMBER: 00793625 (England and Wales)





ACCOUNTANTS: Fortus Limited
Business Advisors & Accountants
Equinox House
Clifton Park, Shipton Road
York
Yorkshire
YO30 5PA

R.K. DRURY & SONS LIMITED (REGISTERED NUMBER: 00793625)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 828,371 782,331

CURRENT ASSETS
Stocks 239,179 265,385
Debtors 5 34,057 6,110
Investments 6 202 202
Cash at bank and in hand 36,266 27,951
309,704 299,648
CREDITORS
Amounts falling due within one year 7 303,161 286,094
NET CURRENT ASSETS 6,543 13,554
TOTAL ASSETS LESS CURRENT LIABILITIES 834,914 795,885

CREDITORS
Amounts falling due after more than
one year

8

(15,004

)

(25,004

)

PROVISIONS FOR LIABILITIES (105,615 ) (107,823 )
NET ASSETS 714,295 663,058

CAPITAL AND RESERVES
Called up share capital 420,221 420,221
Retained earnings 294,074 242,837
714,295 663,058

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.K. DRURY & SONS LIMITED (REGISTERED NUMBER: 00793625)

BALANCE SHEET - continued
31 MARCH 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 by the director and authorised for issue on 19 March 2025 and were signed by:





R W Drury - Director


R.K. DRURY & SONS LIMITED (REGISTERED NUMBER: 00793625)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

R.K. Drury & Sons 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.

Land and buildings Freehold Nil
Plant and machinery 10% reducing balance
Tenant's improvements 10% reducing balance
Computer equipment 20% reducing balance
Motor vehicles 25% reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred 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 recognized at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

The company has estimated losses of £191,071 (2023: £194,059) available to carry forward against future trading profits.

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.

R.K. DRURY & SONS LIMITED (REGISTERED NUMBER: 00793625)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

Going concern
The company meets its day to day working capital requirements through support from the director.
At the time of approving the financial statements, the director has a reasonable expectation that
the company has adequate resources to continue in operational existence for the foreseeable
future. Thus the director continues to adopt the going concern basis of accounting in preparing the
financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2023 214,838 688,224 432,311
Additions - 110,100 -
At 31 March 2024 214,838 798,324 432,311
DEPRECIATION
At 1 April 2023 - 257,138 305,762
Charge for year - 50,321 12,655
At 31 March 2024 - 307,459 318,417
NET BOOK VALUE
At 31 March 2024 214,838 490,865 113,894
At 31 March 2023 214,838 431,086 126,549

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 19,500 6,642 1,361,515
Additions - - 110,100
At 31 March 2024 19,500 6,642 1,471,615
DEPRECIATION
At 1 April 2023 10,615 5,669 579,184
Charge for year 889 195 64,060
At 31 March 2024 11,504 5,864 643,244
NET BOOK VALUE
At 31 March 2024 7,996 778 828,371
At 31 March 2023 8,885 973 782,331

R.K. DRURY & SONS LIMITED (REGISTERED NUMBER: 00793625)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 31,537 1,045
Other debtors 2,520 5,065
34,057 6,110

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Unlisted investments 202 202

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,996 9,996
Trade creditors 10,069 32,902
Taxation and social security 2,198 628
Other creditors 280,898 242,568
303,161 286,094

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 15,004 25,004

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31 March 2024 included in Other Creditors is £237,241 (2023: £239,219) owed to the directors by the company.