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REGISTERED NUMBER: 08636692 (England and Wales)















Financial Statements for the Year Ended 31 October 2024

for

R J Trevail Limited

R J Trevail Limited (Registered number: 08636692)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R J Trevail Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: M J Trevail
Mrs S J L Trevail





REGISTERED OFFICE: Treskyber
Rose
Truro
Cornwall
TR4 9PQ





REGISTERED NUMBER: 08636692 (England and Wales)





ACCOUNTANTS: Sovereign Accounting Solutions
Chartered Accountants and Business Advisers
Unit 9
Moorland Road Industrial Park
Moorland Road, Indian Queens
St Columb
Cornwall
TR9 6FB

R J Trevail Limited (Registered number: 08636692)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 18,050 -
Tangible assets 5 2,178,538 1,577,159
Investments 6 400 -
2,196,988 1,577,159

CURRENT ASSETS
Stocks 43,000 45,000
Debtors 7 524,808 594,405
Cash at bank and in hand 258,588 204,393
826,396 843,798
CREDITORS
Amounts falling due within one year 8 976,761 657,780
NET CURRENT (LIABILITIES)/ASSETS (150,365 ) 186,018
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,046,623

1,763,177

CREDITORS
Amounts falling due after more than one
year

9

(527,264

)

(267,658

)

PROVISIONS FOR LIABILITIES (410,150 ) (215,978 )
NET ASSETS 1,109,209 1,279,541

CAPITAL AND RESERVES
Called up share capital 130 100
Retained earnings 1,109,079 1,279,441
SHAREHOLDERS' FUNDS 1,109,209 1,279,541

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 J Trevail Limited (Registered number: 08636692)

Balance Sheet - continued
31 October 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 27 June 2025 and were signed on its behalf by:




M J Trevail - Director



Mrs S J L Trevail - Director


R J Trevail Limited (Registered number: 08636692)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

R J Trevail 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2024, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance, 20% on reducing balance and 15% on reducing balance

Freehold property has not been depreciated in the year as the Directors are of the opinion that there has been no diminution in value.

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.

R J Trevail Limited (Registered number: 08636692)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2023 - 23 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 19,000
At 31 October 2024 19,000
AMORTISATION
Charge for year 950
At 31 October 2024 950
NET BOOK VALUE
At 31 October 2024 18,050

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2023 401,857 1,673,541 2,075,398
Additions - 1,239,389 1,239,389
Disposals - (376,549 ) (376,549 )
At 31 October 2024 401,857 2,536,381 2,938,238
DEPRECIATION
At 1 November 2023 - 498,239 498,239
Charge for year - 380,574 380,574
Eliminated on disposal - (119,113 ) (119,113 )
At 31 October 2024 - 759,700 759,700
NET BOOK VALUE
At 31 October 2024 401,857 1,776,681 2,178,538
At 31 October 2023 401,857 1,175,302 1,577,159

R J Trevail Limited (Registered number: 08636692)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 November 2023 701,725
Additions 989,882
Disposals (76,500 )
At 31 October 2024 1,615,107
DEPRECIATION
At 1 November 2023 164,974
Charge for year 274,533
Eliminated on disposal (36,567 )
At 31 October 2024 402,940
NET BOOK VALUE
At 31 October 2024 1,212,167
At 31 October 2023 536,751

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 November 2023
and 31 October 2024 400
NET BOOK VALUE
At 31 October 2024 400
At 31 October 2023 400

The above investment represents 100% of the issued share capital of Plant and Vehicle Rental Limited, company number 15025868.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 512,273 569,973
Other debtors 12,535 24,432
524,808 594,405

R J Trevail Limited (Registered number: 08636692)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 10,338 10,068
Hire purchase contracts 265,498 96,687
Trade creditors 183,935 183,403
Amounts owed to group undertakings 220,300 -
Taxation and social security 106,960 71,496
Other creditors 189,730 296,126
976,761 657,780

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans 6,968 17,323
Hire purchase contracts 520,296 235,335
Other creditors - 15,000
527,264 267,658

10. RELATED PARTY DISCLOSURES

Other loans includes an amount owed to the former Director R J Trevail of £155,557.