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REGISTERED NUMBER: 05414815 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

RODDEN ROAD CARS LTD

RODDEN ROAD CARS LTD (REGISTERED NUMBER: 05414815)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


RODDEN ROAD CARS LTD

Company Information
for the year ended 31 December 2024







DIRECTORS: A Poole
R E Poole
B J Poole





SECRETARY: R E Poole





REGISTERED OFFICE: 11 Laura Place
Bath
Somerset
BA2 4BL





REGISTERED NUMBER: 05414815 (England and Wales)





ACCOUNTANTS: Richardson Swift
Chartered Accountants
11 Laura Place
Bath
BA2 4BL

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Rodden Road Cars Ltd

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 Balance Sheet. 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rodden Road Cars Ltd for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Rodden Road Cars Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rodden Road Cars Ltd and state those matters that we have agreed to state to the Board of Directors of Rodden Road Cars Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rodden Road Cars Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Rodden Road Cars Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rodden Road Cars Ltd. You consider that Rodden Road Cars Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Rodden Road Cars Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Richardson Swift
Chartered Accountants
11 Laura Place
Bath
BA2 4BL


4 August 2025

RODDEN ROAD CARS LTD (REGISTERED NUMBER: 05414815)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 37,301 38,009
37,301 38,009

CURRENT ASSETS
Stocks 702,718 591,095
Debtors 6 35,882 29,016
Cash at bank and in hand 178,376 142,567
916,976 762,678
CREDITORS
Amounts falling due within one year 7 133,647 72,888
NET CURRENT ASSETS 783,329 689,790
TOTAL ASSETS LESS CURRENT
LIABILITIES

820,630

727,799

PROVISIONS FOR LIABILITIES 8 9,502 9,271
NET ASSETS 811,128 718,528

CAPITAL AND RESERVES
Called up share capital 9 30 30
Retained earnings 811,098 718,498
SHAREHOLDERS' FUNDS 811,128 718,528

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

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

RODDEN ROAD CARS LTD (REGISTERED NUMBER: 05414815)

Balance Sheet - continued
31 December 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 26 July 2025 and were signed on its behalf by:




A Poole - Director



R E Poole - Director


RODDEN ROAD CARS LTD (REGISTERED NUMBER: 05414815)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Rodden Road Cars Ltd 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with the parent company within the group.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax and is recognised when goods are supplied.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

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.
Leasehold improvements - 10% on cost
Plant and machinery - 15% on reducing balance
Workshop equipment - 33% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% 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.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, loans from banks and other third parties.

Financial assets that are measured at cost and 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 is recognised in the income statement.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an assets carrying amount and the present value of estimated cash flows discounted at the assets original effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an assets carrying amount and the best estimate, which is an approximation, of the amount the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


RODDEN ROAD CARS LTD (REGISTERED NUMBER: 05414815)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

2. ACCOUNTING POLICIES - continued
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.

Critical accounting estimates and uncertainties
No significant judgements or key assumptions have had to be made by the directors in preparing these financial statements.

Hire purchase and leasing agreements
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

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 12 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 100,000
AMORTISATION
At 1 January 2024
and 31 December 2024 100,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

RODDEN ROAD CARS LTD (REGISTERED NUMBER: 05414815)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

5. TANGIBLE FIXED ASSETS
Leasehold Plant and Workshop
improvements machinery equipment
£    £    £   
COST
At 1 January 2024 8,000 20,509 9,755
Additions - 8,145 -
At 31 December 2024 8,000 28,654 9,755
DEPRECIATION
At 1 January 2024 5,600 12,526 9,755
Charge for year 800 2,419 -
At 31 December 2024 6,400 14,945 9,755
NET BOOK VALUE
At 31 December 2024 1,600 13,709 -
At 31 December 2023 2,400 7,983 -

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 January 2024 19,302 33,474 91,040
Additions 1,200 - 9,345
At 31 December 2024 20,502 33,474 100,385
DEPRECIATION
At 1 January 2024 16,781 8,369 53,031
Charge for year 558 6,276 10,053
At 31 December 2024 17,339 14,645 63,084
NET BOOK VALUE
At 31 December 2024 3,163 18,829 37,301
At 31 December 2023 2,521 25,105 38,009

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,594 25,216
Amounts owed by group undertakings 3,955 -
Other debtors 17,333 3,800
35,882 29,016

RODDEN ROAD CARS LTD (REGISTERED NUMBER: 05414815)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,453 4,867
Taxation and social security 128,600 64,727
Other creditors 3,594 3,294
133,647 72,888

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 9,502 9,271

Deferred
tax
£   
Balance at 1 January 2024 9,271
Accelerated capital allowances 231
Balance at 31 December 2024 9,502

9. CALLED UP SHARE CAPITAL

Alloted, issued and fully
paid


Nominal

2024

2023
Number: Class: Value: £    £   
75 Ordinary A £0.10 8 8
90 Ordinary B £0.10 9 9
75 Ordinary C £0.10 7 7
60 Ordinary D £0.10 6 6
30 30

All classes of share rank pari passu.

10. PARENT COMPANY

Rodden Road Cars Ltd is 100% subsidiary of Rodden Road Cars Holdings Ltd.