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REGISTERED NUMBER: 15135447 (England and Wales)








































RJD Watkin Limited

Unaudited Financial Statements

for the period

13th September 2023 to 30th September 2024






RJD Watkin Limited (Registered number: 15135447)






Contents of the Financial Statements
for the period 13th September 2023 to 30th September 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3 to 5


RJD Watkin Limited

Company Information
for the period 13th September 2023 to 30th September 2024







Directors: R J D Watkin
Mrs A E Scott





Registered office: East Newburn Farm
Norham
Berwick Upon Tweed
Northumberland
TD15 2LW





Registered number: 15135447 (England and Wales)





Accountants: Rennie Welch LLP
Academy House
Shedden Park Road
Kelso
Roxburghshire
TD5 7AL

RJD Watkin Limited (Registered number: 15135447)

Balance Sheet
30th September 2024

Notes £    £   
Fixed assets
Tangible assets 4 30,444

Current assets
Stocks 44,935
Debtors 5 2,892
Cash at bank 13,180
61,007
Creditors
Amounts falling due within one year 6 91,204
Net current liabilities (30,197 )
Total assets less current liabilities 247

Provisions for liabilities 4,212
Net liabilities (3,965 )

Capital and reserves
Called up share capital 100
Retained earnings (4,065 )
(3,965 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th September 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.

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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13th June 2025 and were signed on its behalf by:




R J D Watkin - Director


RJD Watkin Limited (Registered number: 15135447)

Notes to the Financial Statements
for the period 13th September 2023 to 30th September 2024

1. Statutory information

RJD Watkin 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 represents the total invoice value, excluding value added tax, of sales made during the year. Turnover arising from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the buyer.

Turnover arising from the provision of services is recognised as contract activity progresses and the right to consideration is earned.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance
Tractors - Nil
Motor vehicles - 20% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

The Directors feel the tractor's written down value reflects the market value so no depreciation has been charged during this period

Stocks
Stock is valued at the lower of cost and estimated selling price less costs to sell with the exception of the animals on herd basis.

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, accruals and directors' loans.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss in the Income Statement.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


RJD Watkin Limited (Registered number: 15135447)

Notes to the Financial Statements - continued
for the period 13th September 2023 to 30th September 2024

2. Accounting policies - continued
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 period 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.

Provisions
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Going concern
The company has a deficit on the balance sheet and relies on the support of its shareholders and creditors, which has been confirmed for a period of at least twelve months from the approval of the financial statements. Accordingly the directors have prepared the financial statements on the going concern basis.

3. Employees and directors

The average number of employees during the period was NIL.

4. Tangible fixed assets
Plant and Motor
machinery Tractors vehicles Totals
£    £    £    £   
Cost
Additions 10,334 8,000 15,450 33,784
At 30th September 2024 10,334 8,000 15,450 33,784
Depreciation
Charge for period 912 - 2,428 3,340
At 30th September 2024 912 - 2,428 3,340
Net book value
At 30th September 2024 9,422 8,000 13,022 30,444

5. Debtors: amounts falling due within one year
£   
Trade debtors 2,376
Other debtors 516
2,892

RJD Watkin Limited (Registered number: 15135447)

Notes to the Financial Statements - continued
for the period 13th September 2023 to 30th September 2024

6. Creditors: amounts falling due within one year
£   
Trade creditors 1,136
Other creditors 90,068
91,204