IRIS Accounts Production v25.1.4.42 12540258 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh125402582024-03-31125402582025-03-31125402582024-04-012025-03-31125402582023-03-31125402582023-04-012024-03-31125402582024-03-3112540258ns15:EnglandWales2024-04-012025-03-3112540258ns14:PoundSterling2024-04-012025-03-3112540258ns10:Director12024-04-012025-03-3112540258ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3112540258ns10:SmallEntities2024-04-012025-03-3112540258ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3112540258ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3112540258ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3112540258ns10:FullAccounts2024-04-012025-03-3112540258ns10:OrdinaryShareClass12024-04-012025-03-3112540258ns10:Director22024-04-012025-03-3112540258ns10:Director32024-04-012025-03-3112540258ns10:CompanySecretary12024-04-012025-03-3112540258ns10:RegisteredOffice2024-04-012025-03-3112540258ns5:CurrentFinancialInstruments2025-03-3112540258ns5:CurrentFinancialInstruments2024-03-3112540258ns5:Non-currentFinancialInstruments2025-03-3112540258ns5:Non-currentFinancialInstruments2024-03-3112540258ns5:ShareCapital2025-03-3112540258ns5:ShareCapital2024-03-3112540258ns5:RetainedEarningsAccumulatedLosses2025-03-3112540258ns5:RetainedEarningsAccumulatedLosses2024-03-3112540258ns5:PlantMachinery2024-04-012025-03-3112540258ns5:FurnitureFittings2024-04-012025-03-3112540258ns5:MotorVehicles2024-04-012025-03-3112540258ns5:ComputerEquipment2024-04-012025-03-3112540258ns5:PlantMachinery2024-03-3112540258ns5:FurnitureFittings2024-03-3112540258ns5:MotorVehicles2024-03-3112540258ns5:ComputerEquipment2024-03-3112540258ns5:PlantMachinery2025-03-3112540258ns5:FurnitureFittings2025-03-3112540258ns5:MotorVehicles2025-03-3112540258ns5:ComputerEquipment2025-03-3112540258ns5:PlantMachinery2024-03-3112540258ns5:FurnitureFittings2024-03-3112540258ns5:MotorVehicles2024-03-3112540258ns5:ComputerEquipment2024-03-3112540258ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3112540258ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3112540258ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2025-03-3112540258ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-03-3112540258ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2025-03-3112540258ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-03-3112540258ns5:HirePurchaseContracts2025-03-3112540258ns5:HirePurchaseContracts2024-03-3112540258ns5:DeferredTaxation2024-03-3112540258ns5:DeferredTaxation2025-03-3112540258ns10:OrdinaryShareClass12025-03-31
REGISTERED NUMBER: 12540258 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 March 2025

for

R J Bull Limited

R J Bull Limited (Registered number: 12540258)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R J Bull Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: B J Bull
R J Bull
H Bull





SECRETARY: Mrs V E Bull





REGISTERED OFFICE: Beech Tree Cottage
Micheldever
Winchester
SO21 3FQ





REGISTERED NUMBER: 12540258 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

R J Bull Limited (Registered number: 12540258)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 233,741 189,739

CURRENT ASSETS
Debtors 5 46,244 183,416
Cash at bank 200,442 168,939
246,686 352,355
CREDITORS
Amounts falling due within one year 6 83,359 138,215
NET CURRENT ASSETS 163,327 214,140
TOTAL ASSETS LESS CURRENT
LIABILITIES

397,068

403,879

CREDITORS
Amounts falling due after more than one
year

7

(44,939

)

(33,474

)

PROVISIONS FOR LIABILITIES 10 (36,051 ) (29,438 )
NET ASSETS 316,078 340,967

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 315,978 340,867
SHAREHOLDERS' FUNDS 316,078 340,967

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Bull Limited (Registered number: 12540258)

Balance Sheet - continued
31 March 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2025 and were signed on its behalf by:





R J Bull - Director


R J Bull Limited (Registered number: 12540258)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

R J Bull 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.
Plant and machinery - 20% on reducing balance
Tractors - 15% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - Straight line over 3 years

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


R J Bull Limited (Registered number: 12540258)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, adjusted for indexation where applicable.

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.

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.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery Tractors vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 259,807 34,000 66,071 4,596 364,474
Additions 101,005 - - 2,118 103,123
Disposals (2,093 ) - - - (2,093 )
At 31 March 2025 358,719 34,000 66,071 6,714 465,504
DEPRECIATION
At 1 April 2024 125,783 16,252 28,392 4,308 174,735
Charge for year 46,735 2,662 7,535 850 57,782
Eliminated on disposal (754 ) - - - (754 )
At 31 March 2025 171,764 18,914 35,927 5,158 231,763
NET BOOK VALUE
At 31 March 2025 186,955 15,086 30,144 1,556 233,741
At 31 March 2024 134,024 17,748 37,679 288 189,739

R J Bull Limited (Registered number: 12540258)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 36,943 177,461
Other debtors 9,301 5,955
46,244 183,416

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts (see note 8) 29,459 9,858
Trade creditors 24,498 14,246
Taxation and social security 13,005 100,289
Other creditors 16,397 13,822
83,359 138,215

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts (see note 8) 39,106 16,756
Other creditors 5,833 16,718
44,939 33,474

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.3.25 31.3.24
£    £   
Net obligations repayable:
Within one year 29,459 9,858
Between one and five years 39,106 16,756
68,565 26,614

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Hire purchase contracts 68,565 26,614

10. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 36,051 29,438

R J Bull Limited (Registered number: 12540258)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2024 29,438
Accelerated capital allowances 6,613
Balance at 31 March 2025 36,051

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
100 Ordinary £1 100 100