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Company No: 13619502 (England and Wales)

RJR MURDOCH LTD

Abridged Unaudited Financial Statements
For the financial year ended 30 September 2024

RJR MURDOCH LTD

Abridged Unaudited Financial Statements

For the financial year ended 30 September 2024

Contents

RJR MURDOCH LTD

COMPANY INFORMATION

For the financial year ended 30 September 2024
RJR MURDOCH LTD

COMPANY INFORMATION (continued)

For the financial year ended 30 September 2024
DIRECTOR James Murdoch
REGISTERED OFFICE The Huntsman
Groombridge Lane
Eridge
United Kingdom
COMPANY NUMBER 13619502 (England and Wales)
ACCOUNTANT Synergee
Pluto House
6 Vale Avenue
Tunbridge Wells
TN1 1DJ
RJR MURDOCH LTD

BALANCE SHEET

As at 30 September 2024
RJR MURDOCH LTD

BALANCE SHEET (continued)

As at 30 September 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 4 557,889 568,970
557,889 568,970
Current assets
Stocks 10,000 7,500
Debtors 29,122 1,657
Cash at bank and in hand 31,880 17,217
71,002 26,374
Creditors: amounts falling due within one year ( 189,966) ( 118,396)
Net current liabilities (118,964) (92,022)
Total assets less current liabilities 438,925 476,948
Creditors: amounts falling due after more than one year ( 444,288) ( 469,244)
Net (liabilities)/assets ( 5,363) 7,704
Capital and reserves
Called-up share capital 5 2 2
Profit and loss account ( 5,365 ) 7,702
Total shareholders' (deficit)/funds ( 5,363) 7,704

For the financial year ending 30 September 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of RJR Murdoch Ltd (registered number: 13619502) were approved and authorised for issue by the Director on 15 April 2025. They were signed on its behalf by:

James Murdoch
Director
RJR MURDOCH LTD

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
RJR MURDOCH LTD

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

RJR Murdoch Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Huntsman, Groombridge Lane, Eridge, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings 50 years straight line
Plant and machinery etc. 25 % reducing balance
3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 12 10

3. Interest receivable and interest payable

2024 2023
£ £
Interest receivable and similar income 324 0
Interest payable and similar expenses ( 49,035) ( 42,089)
(48,711) (42,089)

4. Tangible assets

Land and buildings Plant and machinery etc. Total
£ £ £
Cost
At 01 October 2023 563,664 24,934 588,598
Additions 0 1,421 1,421
At 30 September 2024 563,664 26,355 590,019
Accumulated depreciation
At 01 October 2023 12,794 6,834 19,628
Charge for the financial year 7,074 5,428 12,502
At 30 September 2024 19,868 12,262 32,130
Net book value
At 30 September 2024 543,796 14,093 557,889
At 30 September 2023 550,870 18,100 568,970

5. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2 2

6. Related party transactions

Transactions with the entity's director

Advances

As at 30 September 2024, the director owed £27,989 (2023: £nil) to the company. In the year then ended, £27,989 was advanced, £nil has been repaid, £nil has been written off, and £nil has been waived.

Amounts advanced to directors are unsecured and repayable on demand. Interest is charged at HMRC's official rate.