IRIS Accounts Production v25.1.3.33 06251719 director 1.1.24 31.12.24 31.12.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh062517192023-12-31062517192024-12-31062517192024-01-012024-12-31062517192022-12-31062517192023-01-012023-12-31062517192023-12-3106251719ns15:EnglandWales2024-01-012024-12-3106251719ns14:PoundSterling2024-01-012024-12-3106251719ns10:Director12024-01-012024-12-3106251719ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3106251719ns10:SmallEntities2024-01-012024-12-3106251719ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3106251719ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3106251719ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3106251719ns10:FullAccounts2024-01-012024-12-310625171912024-01-012024-12-3106251719ns10:RegisteredOffice2024-01-012024-12-3106251719ns5:CurrentFinancialInstruments2024-12-3106251719ns5:CurrentFinancialInstruments2023-12-3106251719ns5:Non-currentFinancialInstruments2024-12-3106251719ns5:Non-currentFinancialInstruments2023-12-3106251719ns5:ShareCapital2024-12-3106251719ns5:ShareCapital2023-12-3106251719ns5:RetainedEarningsAccumulatedLosses2024-12-3106251719ns5:RetainedEarningsAccumulatedLosses2023-12-3106251719ns5:NetGoodwill2024-01-012024-12-3106251719ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3106251719ns5:LandBuildingsns5:OwnedOrFreeholdAssets2024-01-012024-12-3106251719ns5:PlantMachinery2024-01-012024-12-3106251719ns5:FurnitureFittings2024-01-012024-12-3106251719ns5:MotorVehicles2024-01-012024-12-3106251719ns5:NetGoodwill2023-12-3106251719ns5:NetGoodwill2024-12-3106251719ns5:NetGoodwill2023-12-3106251719ns5:LandBuildings2023-12-3106251719ns5:PlantMachinery2023-12-3106251719ns5:FurnitureFittings2023-12-3106251719ns5:MotorVehicles2023-12-3106251719ns5:LandBuildings2024-01-012024-12-3106251719ns5:LandBuildings2024-12-3106251719ns5:PlantMachinery2024-12-3106251719ns5:FurnitureFittings2024-12-3106251719ns5:MotorVehicles2024-12-3106251719ns5:LandBuildings2023-12-3106251719ns5:PlantMachinery2023-12-3106251719ns5:FurnitureFittings2023-12-3106251719ns5:MotorVehicles2023-12-3106251719ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3106251719ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3106251719ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-12-3106251719ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-12-3106251719ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-12-3106251719ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-12-3106251719ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-12-3106251719ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-12-31
REGISTERED NUMBER: 06251719 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

R.f. Fielding Hay & Straw Limited

R.f. Fielding Hay & Straw Limited (Registered number: 06251719)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R.f. Fielding Hay & Straw Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: R J Fielding





REGISTERED OFFICE: Dean Farm
King Street
Woodford
Stockport
Cheshire
SK7 1RL





REGISTERED NUMBER: 06251719 (England and Wales)





ACCOUNTANTS: Pareto Tax & Wealth LLP
The Old Schoolhouse
5-7 Byrom Street
Manchester
M3 4PF

R.f. Fielding Hay & Straw Limited (Registered number: 06251719)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,689,742 3,411,240
3,689,742 3,411,240

CURRENT ASSETS
Stocks 70,400 78,500
Debtors 6 1,093,283 962,334
Cash at bank 797,573 729,767
1,961,256 1,770,601
CREDITORS
Amounts falling due within one year 7 825,688 741,189
NET CURRENT ASSETS 1,135,568 1,029,412
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,825,310

4,440,652

CREDITORS
Amounts falling due after more than one
year

8

(304,114

)

(413,248

)

PROVISIONS FOR LIABILITIES (455,642 ) (391,289 )
NET ASSETS 4,065,554 3,636,115

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,065,454 3,636,015
SHAREHOLDERS' FUNDS 4,065,554 3,636,115

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.f. Fielding Hay & Straw Limited (Registered number: 06251719)

Balance Sheet - continued
31 December 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 9 May 2025 and were signed by:





R J Fielding - Director


R.f. Fielding Hay & Straw Limited (Registered number: 06251719)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

R.f. Fielding Hay & Straw 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised 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% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 20% on cost

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 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.

R.f. Fielding Hay & Straw Limited (Registered number: 06251719)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2023 - 25 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 100,000
AMORTISATION
At 1 January 2024
and 31 December 2024 100,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

Goodwill arose on the purchase, on 31 May 2007, of the trade and assets of R F Fielding Hay & Straw Partnership.

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2024 1,892,704 941,809 87,055 2,336,301 5,257,869
Additions 38,831 63,700 839 736,439 839,809
Disposals - (26,450 ) - (147,185 ) (173,635 )
At 31 December 2024 1,931,535 979,059 87,894 2,925,555 5,924,043
DEPRECIATION
At 1 January 2024 67,383 363,408 57,287 1,358,551 1,846,629
Charge for year 16,494 129,535 6,357 403,174 555,560
Eliminated on disposal - (20,703 ) - (147,185 ) (167,888 )
At 31 December 2024 83,877 472,240 63,644 1,614,540 2,234,301
NET BOOK VALUE
At 31 December 2024 1,847,658 506,819 24,250 1,311,015 3,689,742
At 31 December 2023 1,825,321 578,401 29,768 977,750 3,411,240

R.f. Fielding Hay & Straw Limited (Registered number: 06251719)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 949,588 825,966
Prepayments 43,295 41,066
Directors' current accounts 100,400 95,302
1,093,283 962,334

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 21,505 24,090
Hire purchase contracts 103,622 96,649
Trade creditors 522,436 497,249
Tax 111,761 33,535
Social security and other taxes 17,949 21,841
VAT 6,515 25,763
Other creditors 5,306 4,848
Accruals and deferred income 36,594 37,214
825,688 741,189

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans - 1-2 years 22,781 28,871
Bank loans - 2-5 years 78,179 101,240
Bank loans more 5 yr by instal 126,144 216,103
Hire purchase contracts 77,010 67,034
304,114 413,248

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 126,144 216,103

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 December 2024, R J Fielding owed the company £100,400 (2023: £95,302). Interest is charged at 2.25% per annum and the balance is repayable within 9 months of the year-end.

10. RELATED PARTY DISCLOSURES

The company is controlled by R J Fielding, principal shareholder and sole director.