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REGISTERED NUMBER: 05180495 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

RODNEY TODD-WHITE & SON LIMITED

RODNEY TODD-WHITE & SON LIMITED (REGISTERED NUMBER: 05180495)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RODNEY TODD-WHITE & SON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: H A D Paterson





REGISTERED OFFICE: 3 Church Street
Odiham
Hook
Hampshire
RG29 1LU





REGISTERED NUMBER: 05180495 (England and Wales)





ACCOUNTANTS: Goddard & Co
Chartered Accountants
3 Church Street
Odiham, Hook
Hampshire
RG29 1LU

RODNEY TODD-WHITE & SON LIMITED (REGISTERED NUMBER: 05180495)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 94,217 105,301
Tangible assets 5 5,277 6,236
Investments 6 40,000 40,000
139,494 151,537

CURRENT ASSETS
Stocks 7 61,911 70,450
Debtors 8 83,427 73,790
145,338 144,240
CREDITORS
Amounts falling due within one year 9 252,202 210,650
NET CURRENT LIABILITIES (106,864 ) (66,410 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,630

85,127

CREDITORS
Amounts falling due after more than one year 10 30,066 34,898
NET ASSETS 2,564 50,229

CAPITAL AND RESERVES
Called up share capital 75,100 75,100
Retained earnings (72,536 ) (24,871 )
SHAREHOLDERS' FUNDS 2,564 50,229

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 director acknowledges his 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.

RODNEY TODD-WHITE & SON LIMITED (REGISTERED NUMBER: 05180495)

BALANCE SHEET - 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 director and authorised for issue on 23 June 2025 and were signed by:





H A D Paterson - Director


RODNEY TODD-WHITE & SON LIMITED (REGISTERED NUMBER: 05180495)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Rodney Todd-White & Son 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.

The company has adopted Financial Reporting Standard 102 section 1A with the effective date of transition being 1st April 2015. The policies applied under the entity's previous accounting framework are not materially different to FRS102 and have not impacted on equity or profit or loss.

Turnover
Turnover represents net invoices sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 15% on reducing balance
Computer equipment - 33% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments
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 5 (2023 - 6 ) .

RODNEY TODD-WHITE & SON LIMITED (REGISTERED NUMBER: 05180495)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 221,691
AMORTISATION
At 1 October 2023 116,390
Charge for year 11,084
At 30 September 2024 127,474
NET BOOK VALUE
At 30 September 2024 94,217
At 30 September 2023 105,301

5. TANGIBLE FIXED ASSETS
Computer
Equipment equipment Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 17,700 4,575 22,275
DEPRECIATION
At 1 October 2023 11,595 4,444 16,039
Charge for year 916 43 959
At 30 September 2024 12,511 4,487 16,998
NET BOOK VALUE
At 30 September 2024 5,189 88 5,277
At 30 September 2023 6,105 131 6,236

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023
and 30 September 2024 40,000
NET BOOK VALUE
At 30 September 2024 40,000
At 30 September 2023 40,000

RODNEY TODD-WHITE & SON LIMITED (REGISTERED NUMBER: 05180495)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. STOCKS
2024 2023
£    £   
Stocks 46,000 54,000
Work-in-progress 15,911 16,450
61,911 70,450

8. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 41,846 40,814
Other debtors 34,531 25,926
76,377 66,740

Amounts falling due after more than one year:
Other debtors 7,050 7,050

Aggregate amounts 83,427 73,790

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 11) 19,060 31,009
Trade creditors 15,941 11,206
Taxation and social security 121,710 106,365
Other creditors 95,491 62,070
252,202 210,650

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 11) 30,066 34,898

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 8,743 14,567

RODNEY TODD-WHITE & SON LIMITED (REGISTERED NUMBER: 05180495)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

11. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 14,349 26,546
Bank loans 4,711 4,463
19,060 31,009

Amounts falling due between one and two years:
Bank loans - 1-2 years 4,959 4,711

Amounts falling due between two and five years:
Bank loans - 2-5 years 16,364 15,620

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 8,743 14,567

Barclays Bank PLC holds a fixed and floating charge. The floating charge covers all the property or undertaking of the company.