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REGISTERED NUMBER: 03903539 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

R.A.J. Spink (Marnham) Limited

R.A.J. Spink (Marnham) Limited (Registered number: 03903539)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


R.A.J. Spink (Marnham) Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: R A J Spink
J L Spink
A J Spink





REGISTERED OFFICE: Bramble House Farm
Fledborough Road
High Markham
Newark
Nottinghamshire
NG23 6FR





REGISTERED NUMBER: 03903539 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
R.A.J. Spink (Marnham) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of R.A.J. Spink (Marnham) Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of R.A.J. Spink (Marnham) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of R.A.J. Spink (Marnham) Limited and state those matters that we have agreed to state to the Board of Directors of R.A.J. Spink (Marnham) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R.A.J. Spink (Marnham) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that R.A.J. Spink (Marnham) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of R.A.J. Spink (Marnham) Limited. You consider that R.A.J. Spink (Marnham) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of R.A.J. Spink (Marnham) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wright Vigar Limited
Chartered Accountants & Business Advisers
Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA


Date: .............................................

R.A.J. Spink (Marnham) Limited (Registered number: 03903539)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - 12,166
Tangible assets 5 2,410,971 2,503,260
2,410,971 2,515,426

CURRENT ASSETS
Stocks 170,848 143,338
Debtors 6 2,848 91,929
Cash at bank 62,435 70,230
236,131 305,497
CREDITORS
Amounts falling due within one year 7 171,498 146,090
NET CURRENT ASSETS 64,633 159,407
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,475,604

2,674,833

CREDITORS
Amounts falling due after more than one
year

8

(274,870

)

(307,545

)

PROVISIONS FOR LIABILITIES (75,340 ) (100,624 )
NET ASSETS 2,125,394 2,266,664

CAPITAL AND RESERVES
Called up share capital 10 10,000 10,000
Share premium 1,165,082 1,165,082
Retained earnings 950,312 1,091,582
SHAREHOLDERS' FUNDS 2,125,394 2,266,664

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.A.J. Spink (Marnham) Limited (Registered number: 03903539)

Balance Sheet - continued
31 March 2025


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 11 June 2025 and were signed on its behalf by:





R A J Spink - Director


R.A.J. Spink (Marnham) Limited (Registered number: 03903539)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

R.A.J. Spink (Marnham) 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.

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.

Entitlements is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and Buildings - 15% straight line and not provided
Plant and machinery - 25% on reducing balance, 20% on reducing balance and 15% on reducing balance
Computer equipment - 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.

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 2 (2024 - 2 ) .

R.A.J. Spink (Marnham) Limited (Registered number: 03903539)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2024
and 31 March 2025 36,500
AMORTISATION
At 1 April 2024 24,334
Charge for year 12,166
At 31 March 2025 36,500
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 12,166

5. TANGIBLE FIXED ASSETS
Land and Plant and Computer
Buildings machinery equipment Totals
£    £    £    £   
COST
At 1 April 2024 1,881,781 1,346,517 3,791 3,232,089
Additions 38,484 20,517 - 59,001
Disposals - (7,800 ) - (7,800 )
At 31 March 2025 1,920,265 1,359,234 3,791 3,283,290
DEPRECIATION
At 1 April 2024 - 727,125 1,704 728,829
Charge for year - 147,647 759 148,406
Eliminated on disposal - (4,916 ) - (4,916 )
At 31 March 2025 - 869,856 2,463 872,319
NET BOOK VALUE
At 31 March 2025 1,920,265 489,378 1,328 2,410,971
At 31 March 2024 1,881,781 619,392 2,087 2,503,260

Included in cost of land and buildings is freehold land of £ 669,986 (2024 - £ 669,986 ) which is not depreciated.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 1,089 85,817
Other debtors 1,759 6,112
2,848 91,929

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,587 13,658
Hire purchase contracts 25,161 48,313
Trade creditors 39,852 48,212
Other creditors 95,898 35,907
171,498 146,090

R.A.J. Spink (Marnham) Limited (Registered number: 03903539)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 151,681 159,195
Hire purchase contracts 123,189 148,350
274,870 307,545

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 109,334 104,563
Hire purchase 35,453 -
144,787 104,563

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 162,268 172,853
Hire purchase contracts 148,350 196,663
310,618 369,516

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
15,000 Ordinary A £0.10 1,500 8,000

Allotted and issued:
Number: Class: Nominal 2025 2024
value: £    £   
42,500 Ordinary B £0.10 4,250 1,000
42,500 Ordinary C £0.10 4,250 1,000
8,500 2,000