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REGISTERED NUMBER: 02486685 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

A.1. Ropes & Rigging Limited

A.1. Ropes & Rigging Limited (Registered number: 02486685)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 8

A.1. Ropes & Rigging Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: K Garnett
Mrs M Garnett
P Garnett





REGISTERED OFFICE: The Rope House
39A Wheatash Road
Addlestone
Surrey
KT15 2ES





REGISTERED NUMBER: 02486685 (England and Wales)





ACCOUNTANTS: Suzanne Cater ACA
16 Terminal House
Station Approach
Shepperton
Middlesex
TW17 8AS

A.1. Ropes & Rigging Limited (Registered number: 02486685)

Statement of Financial Position
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 733,300 734,725
Investments 5 138,281 138,281
871,581 873,006

CURRENT ASSETS
Stocks 38,500 15,175
Debtors 6 43,735 62,876
Prepayments and accrued income 5,633 5,086
Cash at bank and in hand 14,066 67,548
101,934 150,685
CREDITORS
Amounts falling due within one year 7 287,447 240,126
NET CURRENT LIABILITIES (185,513 ) (89,441 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

686,068

783,565

CREDITORS
Amounts falling due after more than one year 8 (17,500 ) (27,500 )

PROVISIONS FOR LIABILITIES (20,000 ) (20,000 )
NET ASSETS 648,568 736,065

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Revaluation reserve 9 177,571 177,571
Retained earnings 460,997 548,494
SHAREHOLDERS' FUNDS 648,568 736,065

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

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

A.1. Ropes & Rigging Limited (Registered number: 02486685)

Statement of Financial Position - continued
30 September 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 16 June 2025 and were signed on its behalf by:





P Garnett - Director


A.1. Ropes & Rigging Limited (Registered number: 02486685)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

A.1. Ropes & Rigging 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 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.

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 - at variable rates on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 4 (2023 - 4 ) .

A.1. Ropes & Rigging Limited (Registered number: 02486685)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 October 2023 715,000 144,435 859,435
Additions - 1,840 1,840
At 30 September 2024 715,000 146,275 861,275
DEPRECIATION
At 1 October 2023 - 124,710 124,710
Charge for year - 3,265 3,265
At 30 September 2024 - 127,975 127,975
NET BOOK VALUE
At 30 September 2024 715,000 18,300 733,300
At 30 September 2023 715,000 19,725 734,725

Included in cost or valuation of land and buildings is freehold land of £ 715,000 (2023 - £ 715,000 ) which is not depreciated.

Cost or valuation at 30 September 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2015 550,000 94,817 644,817
Valuation in 2016 100,000 3,416 103,416
Valuation in 2017 - 32,731 32,731
Valuation in 2018 - 8,703 8,703
Valuation in 2019 - 640 640
Valuation in 2020 - 224 224
Valuation in 2021 - 918 918
Valuation in 2022 - 1,127 1,127
Valuation in 2023 - 1,859 1,859
Valuation in 2024 - 1,840 1,840
650,000 146,275 796,275

A.1. Ropes & Rigging Limited (Registered number: 02486685)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 October 2023
and 30 September 2024 138,281
NET BOOK VALUE
At 30 September 2024 138,281
At 30 September 2023 138,281

Cost or valuation at 30 September 2024 is represented by:

Other
investments
£   
Valuation in 2024 138,281

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 43,735 60,443
Other debtors - 2,433
43,735 62,876

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 248,635 187,672
Taxation and social security 21,889 47,109
Other creditors 16,923 5,345
287,447 240,126

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 17,500 27,500

A.1. Ropes & Rigging Limited (Registered number: 02486685)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

9. RESERVES
Revaluation
reserve
£   
At 1 October 2023
and 30 September 2024 177,571

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
P Garnett
Balance outstanding at start of year - 4,316
Amounts advanced 4,995 -
Amounts repaid (4,995 ) (4,316 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

K Garnett
Balance outstanding at start of year 2,433 -
Amounts advanced 915 2,433
Amounts repaid (4,320 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (972 ) 2,433

A.1. Ropes & Rigging Limited

Report of the Accountants to the Directors of
A.1. Ropes & Rigging 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 Statement of Financial Position. 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.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30 September 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Suzanne Cater ACA
16 Terminal House
Station Approach
Shepperton
Middlesex
TW17 8AS


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