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REGISTERED NUMBER: 00755050 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

L. ROBSON & SONS LIMITED

L. ROBSON & SONS LIMITED (REGISTERED NUMBER: 00755050)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


L. ROBSON & SONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: A N Robson
Mrs K B Robson
Ms V J M F De Freitas



REGISTERED OFFICE: Haven Hill
Craster
Alnwick
Northumberland
NE66 3TR



REGISTERED NUMBER: 00755050 (England and Wales)



ACCOUNTANTS: Greaves Grindle
Chartered Accountants
Victoria House
Bondgate Within
Alnwick
Northumberland
NE66 1TA



BANKERS: Lloyds Bank plc
24 Bondgate Within
Alnwick
Northumberland
NE66 1TD

L. ROBSON & SONS LIMITED (REGISTERED NUMBER: 00755050)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 246,057 255,029
Investments 5 428 428
246,485 255,457

CURRENT ASSETS
Stocks 65,831 52,520
Debtors 6 83,520 70,793
Cash at bank and in hand 1,810 865
151,161 124,178
CREDITORS
Amounts falling due within one year 7 229,884 214,441
NET CURRENT LIABILITIES (78,723 ) (90,263 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

167,762

165,194

CREDITORS
Amounts falling due after more than one
year

8

(14,334

)

(24,333

)

PROVISIONS FOR LIABILITIES (13,304 ) (14,379 )
NET ASSETS 140,124 126,482

CAPITAL AND RESERVES
Called up share capital 6,000 6,000
Retained earnings 134,124 120,482
SHAREHOLDERS' FUNDS 140,124 126,482

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

L. ROBSON & SONS LIMITED (REGISTERED NUMBER: 00755050)

BALANCE SHEET - continued
31 JULY 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 14 July 2025 and were signed on its behalf by:





A N Robson - Director


L. ROBSON & SONS LIMITED (REGISTERED NUMBER: 00755050)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

L. Robson & Sons 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 20% 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 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 21 (2023 - 20 ) .

L. ROBSON & SONS LIMITED (REGISTERED NUMBER: 00755050)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 August 2023 255,522 269,785 95,494 620,801
Additions - 7,653 - 7,653
At 31 July 2024 255,522 277,438 95,494 628,454
DEPRECIATION
At 1 August 2023 76,170 210,419 79,183 365,772
Charge for year 3,317 10,047 3,261 16,625
At 31 July 2024 79,487 220,466 82,444 382,397
NET BOOK VALUE
At 31 July 2024 176,035 56,972 13,050 246,057
At 31 July 2023 179,352 59,366 16,311 255,029

Included in cost of land and buildings is freehold land of £ 89,668 (2023 - £ 89,668 ) which is not depreciated.

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 August 2023
and 31 July 2024 428
NET BOOK VALUE
At 31 July 2024 428
At 31 July 2023 428

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 80,184 64,834
Other debtors 3,336 5,959
83,520 70,793

L. ROBSON & SONS LIMITED (REGISTERED NUMBER: 00755050)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 56,865 52,475
Trade creditors 123,392 120,041
Taxation and social security 7,527 6,652
Other creditors 42,100 35,273
229,884 214,441

During the year ended 31 July 2023, a director AN Robson loaned the company £30,000. This amount is included within other creditors.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 8,334 18,333
Other creditors 6,000 6,000
14,334 24,333