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Registered number: 05325790
R. O. ENGINEERING LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2025
Prepared By:
McMillan Rose & Co Ltd
Chartered Certified Accountants
Haltgate House
52a Hullbridge Road
South Woodham Ferrrers
Essex
CM3 5NH
R. O. ENGINEERING LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2025
DIRECTORS
R Sloley
A Rhodes
SECRETARY
D Crew
REGISTERED OFFICE
73 Brackendale Avenue
Basildon
Essex
SS13 3BE
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05325790
ACCOUNTANTS
McMillan Rose & Co Ltd
Chartered Certified Accountants
Haltgate House
52a Hullbridge Road
South Woodham Ferrrers
Essex
CM3 5NH
R. O. ENGINEERING LIMITED
ACCOUNTS
FOR THEYEARENDED31 JANUARY 2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
R. O. ENGINEERING LIMITED
BALANCE SHEET AT 31 January 2025
20252024
Notes££
FIXED ASSETS
Tangible assets34,6763,355
CURRENT ASSETS
Stock23,00024,679
Debtors514,93530,033
Cash at bank and in hand32,36546,108
70,300100,820
CREDITORS: Amounts falling due within one year624,73251,156
NET CURRENT ASSETS45,56849,664
TOTAL ASSETS LESS CURRENT LIABILITIES50,24453,019
PROVISIONS FOR LIABILITIES AND CHARGES7891642
NET ASSETS49,35352,377
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account49,25352,277
SHAREHOLDERS' FUNDS49,35352,377
For the year ending 31 January 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 18 June 2025 and signed on their behalf by
.............................
R Sloley
Director
R. O. ENGINEERING LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.
R. O. ENGINEERING LIMITED
2. EMPLOYEES
20252024
No.No.
Average number of employees21
3. TANGIBLE FIXED ASSETS
Plant and
Machinery Etc.Total
££
Cost
At 1 February 202417,56417,564
Additions2,9002,900
Disposals(850)(850)
At 31 January 202519,61419,614
Depreciation
At 1 February 202414,20914,209
Disposals(830)(830)
For the year1,5591,559
At 31 January 202514,93814,938
Net Book Amounts
At 31 January 20254,6764,676
At 31 January 20243,3553,355
4. STOCK 20252024
££
Stock comprises:
Stock raw materials23,00022,000
Work in progress-2,679
23,00024,679
5. DEBTORS 20252024
££
Amounts falling due within one year:
Trade debtors11,63027,533
Other Tax805-
Other debtors2,5002,500
14,93530,033
R. O. ENGINEERING LIMITED
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
Trade creditors9,08117,471
Taxation and social security5,41613,482
Other creditors10,23520,203
24,73251,156
7. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation891642
891642
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. OTHER FINANCIAL COMMITMENTS
At 31 January 2025 the company was committed to making the following payments under non-cancellable operating leases:
20252024
££
Operating leases: Leases finish December 202635,65356,720