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REGISTERED NUMBER: 01608299 (England and Wales)







FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

R&B UK JT LIMITED

R&B UK JT LIMITED (REGISTERED NUMBER: 01608299)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


R&B UK JT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: Mr I R Russell
Mrs A J Russell
Mr J Russell





REGISTERED OFFICE: Halesfield 8
Halesfield
Telford
Shropshire
TF7 4QN





REGISTERED NUMBER: 01608299 (England and Wales)





ACCOUNTANTS: Stanton Ralph & Co Limited
Chartered Accountants
The Old Police Station
Whitburn Street
Bridgnorth
Shropshire
WV16 4QP

R&B UK JT LIMITED (REGISTERED NUMBER: 01608299)

ABRIDGED BALANCE SHEET
31ST DECEMBER 2024

31.12.23 31.12.24
£    £    Notes £   
FIXED ASSETS
3,925 Intangible assets 4 2,402
200,060 Tangible assets 5 244,271
203,540 Investments 6 210,230
407,525 456,903

CURRENT ASSETS
1,436,733 Stocks 1,393,011
2,371,809 Debtors 1,792,535
44,925 Cash at bank 996,297
3,853,467 4,181,843
CREDITORS
1,073,034 Amounts falling due within one year 1,204,510
2,780,433 NET CURRENT ASSETS 2,977,333
3,187,958 TOTAL ASSETS LESS CURRENT LIABILITIES 3,434,236

50,996 PROVISIONS FOR LIABILITIES 8 61,669
3,136,962 NET ASSETS 3,372,567

CAPITAL AND RESERVES
68 Called up share capital 9 68
31,983 Share premium 31,983
50 Capital redemption reserve 50
3,104,861 Retained earnings 3,340,466
3,136,962 SHAREHOLDERS' FUNDS 3,372,567

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

R&B UK JT LIMITED (REGISTERED NUMBER: 01608299)

ABRIDGED BALANCE SHEET - continued
31ST DECEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th May 2025 and were signed on its behalf by:




Mr I R Russell - Director



Mr J Russell - Director


R&B UK JT LIMITED (REGISTERED NUMBER: 01608299)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024

1. STATUTORY INFORMATION

R&B UK JT 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
Plant and machinery etc - 33% on cost, 25% on reducing balance, 15% on reducing balance and 10% 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&B UK JT LIMITED (REGISTERED NUMBER: 01608299)

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

2. ACCOUNTING POLICIES - continued

Research and development
The company undertakes research and development in respect of a potential new products. The company's policy is not to capitalise and carry forward costs incurred due to the speculative nature of the work.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Patents
Kitemarks are valued at cost on acquisition and are depreciated in equal amounts over their estimated useful economic lives.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administration expenses.

Listed investments
Listed investments have been valued at fair value where publicly traded and gain and losses have been recognised in the income statement as required by FRS 102.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st January 2024
and 31st December 2024 36,447
AMORTISATION
At 1st January 2024 32,522
Amortisation for year 1,523
At 31st December 2024 34,045
NET BOOK VALUE

At 31st December 2024 2,402
At 31st December 2023 3,925

R&B UK JT LIMITED (REGISTERED NUMBER: 01608299)

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

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st January 2024 1,048,949
Additions 115,185
At 31st December 2024 1,164,134
DEPRECIATION
At 1st January 2024 848,889
Charge for year 70,974
At 31st December 2024 919,863
NET BOOK VALUE
At 31st December 2024 244,271
At 31st December 2023 200,060

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1st January 2024 203,540
Revaluations 6,690
At 31st December 2024 210,230
NET BOOK VALUE
At 31st December 2024 210,230
At 31st December 2023 203,540

Cost or valuation at 31st December 2024 is represented by:
Totals
£   
Valuation in 2024 210,230

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 22,201 22,201
Between one and five years 21,482 43,682
43,683 65,883

The above commitment is subject to a break clause at the end of the third year, this occurs in March 2025.

R&B UK JT LIMITED (REGISTERED NUMBER: 01608299)

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

8. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 61,669 50,996

Deferred
tax
£   
Balance at 1st January 2024 50,996
Provided during year 10,673
Balance at 31st December 2024 61,669

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £ £
13 Ordinary A £1.00 13.00 13.00
35 Ordinary B £1.00 35.00 35.00
14 Ordinary C £1.00 14.00 14.00
4 Ordinary D £1.00 4.00 4.00
1 Ordinary E £1.00 1.00 1.00
1 Ordinary F £1.00 1.00 1.00
68.00 68.00

10. POST BALANCE SHEET EVENTS

On 1st April 2025 the company was acquired by R & B UK JT Holdings Ltd, which became its parent undertaking from that date, via a share for share exchange.