IRIS Accounts Production v25.1.3.33 01560919 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false Fair value model Ordinary 1.00000 Ordinary "A" 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh015609192023-12-31015609192024-12-31015609192024-01-012024-12-31015609192022-12-31015609192023-01-012023-12-31015609192023-12-3101560919ns15:EnglandWales2024-01-012024-12-3101560919ns14:PoundSterling2024-01-012024-12-3101560919ns10:Director12024-01-012024-12-3101560919ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3101560919ns10:SmallEntities2024-01-012024-12-3101560919ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3101560919ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3101560919ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3101560919ns10:FullAccounts2024-01-012024-12-3101560919ns10:OrdinaryShareClass12024-01-012024-12-3101560919ns10:OrdinaryShareClass22024-01-012024-12-3101560919ns10:Director22024-01-012024-12-3101560919ns10:CompanySecretary12024-01-012024-12-3101560919ns10:RegisteredOffice2024-01-012024-12-3101560919ns5:CurrentFinancialInstruments2024-12-3101560919ns5:CurrentFinancialInstruments2023-12-3101560919ns5:ShareCapital2024-12-3101560919ns5:ShareCapital2023-12-3101560919ns5:RevaluationReserve2024-12-3101560919ns5:RevaluationReserve2023-12-3101560919ns5:RetainedEarningsAccumulatedLosses2024-12-3101560919ns5:RetainedEarningsAccumulatedLosses2023-12-3101560919ns5:PlantMachinery2024-01-012024-12-3101560919ns5:FurnitureFittings2024-01-012024-12-3101560919ns5:MotorVehicles2024-01-012024-12-3101560919ns5:PlantMachinery2023-12-3101560919ns5:FurnitureFittings2023-12-3101560919ns5:MotorVehicles2023-12-3101560919ns5:PlantMachinery2024-12-3101560919ns5:FurnitureFittings2024-12-3101560919ns5:MotorVehicles2024-12-3101560919ns5:PlantMachinery2023-12-3101560919ns5:FurnitureFittings2023-12-3101560919ns5:MotorVehicles2023-12-3101560919ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3101560919ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3101560919ns5:DeferredTaxation2023-12-3101560919ns5:DeferredTaxation2024-01-012024-12-3101560919ns5:DeferredTaxation2024-12-3101560919ns10:OrdinaryShareClass12024-12-3101560919ns10:OrdinaryShareClass22024-12-3101560919ns5:RevaluationReserve2023-12-31
REGISTERED NUMBER: 01560919 (England and Wales)














R. & D. AGGREGATES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024






R. & D. AGGREGATES LIMITED (REGISTERED NUMBER: 01560919)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R. & D. AGGREGATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: R T Mole
Mrs L Donaldson





SECRETARY: R T Mole





REGISTERED OFFICE: Suite 4 Empire House
Beauchamp Avenue
Kidderminster
Worcestershire
DY11 7AQ





REGISTERED NUMBER: 01560919 (England and Wales)

R. & D. AGGREGATES LIMITED (REGISTERED NUMBER: 01560919)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Tangible assets 4 42,834 11,393
Investment property 5 14,957,395 13,755,854
15,000,229 13,767,247

CURRENT ASSETS
Debtors 6 184,218 163,172
Cash at bank and in hand 2,171,073 3,331,621
2,355,291 3,494,793
CREDITORS
Amounts falling due within one year 7 243,694 288,863
NET CURRENT ASSETS 2,111,597 3,205,930
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,111,826

16,973,177

PROVISIONS FOR LIABILITIES 8 604,911 1,067,252
NET ASSETS 16,506,915 15,905,925

CAPITAL AND RESERVES
Called up share capital 9 501,000 501,000
Revaluation reserve 10 5,224,184 5,224,184
Retained earnings 10,781,731 10,180,741
SHAREHOLDERS' FUNDS 16,506,915 15,905,925

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. & D. AGGREGATES LIMITED (REGISTERED NUMBER: 01560919)

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.

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 23rd May 2025 and were signed on its behalf by:





R T Mole - Director


R. & D. AGGREGATES LIMITED (REGISTERED NUMBER: 01560919)

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

1. STATUTORY INFORMATION

R. & D. Aggregates 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. These financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Preparation of consolidated financial statements
The financial statements contain information about R. & D. Aggregates Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Investment Properties
Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments
Basic financial liabilities, including trade and other debtors, bank loans and loans are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Financial assets and liabilities are only offset in the balance sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the company intends to either settle on a net basis, or to realise the asset and settle the liability simultaneously.

Debt instruments that have no stated interest rate are classified as payable or receivable within one year are initially measured at an un-discounted amount of the cash or other consideration expected to be paid, net of impairment.


R. & D. AGGREGATES LIMITED (REGISTERED NUMBER: 01560919)

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

2. ACCOUNTING POLICIES - continued
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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£ £ £ £
COST
At 1st January 2024 43,178 45,262 52,108 140,548
Additions - 625 38,540 39,165
Disposals - (4,395 ) (19,300 ) (23,695 )
At 31st December 2024 43,178 41,492 71,348 156,018
DEPRECIATION
At 1st January 2024 41,843 41,815 45,497 129,155
Charge for year 336 696 3,980 5,012
Eliminated on disposal - (3,614 ) (17,369 ) (20,983 )
At 31st December 2024 42,179 38,897 32,108 113,184
NET BOOK VALUE
At 31st December 2024 999 2,595 39,240 42,834
At 31st December 2023 1,335 3,447 6,611 11,393

R. & D. AGGREGATES LIMITED (REGISTERED NUMBER: 01560919)

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

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1st January 2024 13,755,854
Additions 1,246,141
Disposals (44,600 )
At 31st December 2024 14,957,395
NET BOOK VALUE
At 31st December 2024 14,957,395
At 31st December 2023 13,755,854

Fair value at 31st December 2024 is represented by:
£
Valuation in 2024 14,957,395

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 95,325 68,982
Other debtors 80,809 80,809
Prepayments 8,084 13,381
184,218 163,172

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 21,292 7,968
Tenant Deposits 22,372 12,551
Amounts owed to group undertakings 362 405
Corporation tax 140,897 163,737
Social security and other taxes 8,105 39,550
Other creditors 13 13
Accruals and deferred income 50,653 64,639
243,694 288,863

8. PROVISIONS FOR LIABILITIES
2024 2023
£ £
Deferred tax 604,911 1,067,252

Deferred tax
£
Balance at 1st January 2024 1,067,252
Provided during year (462,341 )
Balance at 31st December 2024 604,911

R. & D. AGGREGATES LIMITED (REGISTERED NUMBER: 01560919)

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

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £ £
500,000 Ordinary Shares £1 500,000 500,000
1,000 Ordinary 'A' Shares £1 1,000 1,000
501,000 501,000

10. RESERVES
Revaluation
reserve
£
At 1st January 2024
and 31st December 2024 5,224,184