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REGISTERED NUMBER: 00641002 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Roland Whatmore Limited

Roland Whatmore Limited (Registered number: 00641002)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Roland Whatmore Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: B Thornton
Mrs B Thornton
D Sanderson
C P Atherton





SECRETARY: Mrs A Jones





REGISTERED OFFICE: Brook Street
Oswaldtwistle
Accrington
Lancashire
BB5 3JH





REGISTERED NUMBER: 00641002 (England and Wales)





ACCOUNTANTS: Xeinadin
Ground Floor
Citygate
Longridge Road
Preston
Lancashire
PR2 5BQ

Roland Whatmore Limited (Registered number: 00641002)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 184,525 148,644
Investments 5 12,050 12,050
196,575 160,694

CURRENT ASSETS
Stocks 92,518 148,815
Debtors 6 257,954 308,346
Cash at bank and in hand 267,042 174,178
617,514 631,339
CREDITORS
Amounts falling due within one year 7 445,473 524,507
NET CURRENT ASSETS 172,041 106,832
TOTAL ASSETS LESS CURRENT
LIABILITIES

368,616

267,526

CREDITORS
Amounts falling due after more than
one year

8

(41,196

)

(46,275

)

PROVISIONS FOR LIABILITIES 9 (46,131 ) (37,161 )
NET ASSETS 281,289 184,090

CAPITAL AND RESERVES
Called up share capital 10 61,200 61,200
Retained earnings 220,089 122,890
SHAREHOLDERS' FUNDS 281,289 184,090

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

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

Roland Whatmore Limited (Registered number: 00641002)

Balance Sheet - continued
31 October 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 Board of Directors and authorised for issue on 5 June 2025 and were signed on its behalf by:





D Sanderson - Director


Roland Whatmore Limited (Registered number: 00641002)

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

1. STATUTORY INFORMATION

Roland Whatmore 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.

Roland Whatmore Limited (Registered number: 00641002)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 32 (2023 - 33 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 November 2023 40,832 13,440 474,952 529,224
Additions 17,250 - 79,592 96,842
Disposals - - (39,241 ) (39,241 )
At 31 October 2024 58,082 13,440 515,303 586,825
DEPRECIATION
At 1 November 2023 37,593 10,462 332,525 380,580
Charge for year 1,686 347 55,065 57,098
Eliminated on disposal - - (35,378 ) (35,378 )
At 31 October 2024 39,279 10,809 352,212 402,300
NET BOOK VALUE
At 31 October 2024 18,803 2,631 163,091 184,525
At 31 October 2023 3,239 2,978 142,427 148,644

Roland Whatmore Limited (Registered number: 00641002)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 November 2023 216,612
Additions 79,592
Disposals (16,855 )
Reclassification/transfer 40,513
At 31 October 2024 319,862
DEPRECIATION
At 1 November 2023 135,418
Charge for year 48,641
Eliminated on disposal (12,992 )
At 31 October 2024 171,067
NET BOOK VALUE
At 31 October 2024 148,795
At 31 October 2023 81,194

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 November 2023
and 31 October 2024 12,050
NET BOOK VALUE
At 31 October 2024 12,050
At 31 October 2023 12,050

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 253,629 304,315
Prepayments and accrued income 4,325 4,031
257,954 308,346

Roland Whatmore Limited (Registered number: 00641002)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 50,678 51,494
Trade creditors 74,887 61,950
Tax 20,497 20,113
Social security and other taxes 93,029 85,687
Other creditors 1,074 -
Amounts owed to holding company 202,048 300,081
Amounts owed to associated company - 2,087
Accrued expenses 3,260 3,095
445,473 524,507

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 41,196 46,275

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 46,131 37,161

Deferred
tax
£   
Balance at 1 November 2023 37,161
Provided during year 8,970
Balance at 31 October 2024 46,131

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
61,200 Ordinary £1 61,200 61,200

Roland Whatmore Limited (Registered number: 00641002)

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

11. RELATED PARTY DISCLOSURES

The company paid rent of £23,400 (2023: £23,400) to A H King Limited.

The company received £31,018.30 of management charges from Clear-A-Drain Limited (2023: £35,509.78) a company in which Roland Whatmore Limited owns 50% of the share capital.


Ultimate Controlling Party

The Company is ultimately controlled by A H King Limited.