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Company Registration No. 07476962 (England and Wales)
R C Oughton & Son Limited Unaudited accounts for the year ended 31 December 2024
R C Oughton & Son Limited Unaudited accounts Contents
Page
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R C Oughton & Son Limited Company Information for the year ended 31 December 2024
Directors
Mark Oughton Sarah Oughton
Company Number
07476962 (England and Wales)
Registered Office
52 Leicester Street Bulkington Bedworth Warwickshire CV12 9NG England
Accountants
Brian Owen Associates Ltd 52 Leicester Street Bulkington Bedworth CV12 9NG
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R C Oughton & Son Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
259,479 
243,900 
Current assets
Inventories
5,950 
22,080 
Debtors
78,365 
9,636 
Cash at bank and in hand
56,992 
41,276 
141,307 
72,992 
Creditors: amounts falling due within one year
(140,924)
(109,396)
Net current assets/(liabilities)
383 
(36,404)
Total assets less current liabilities
259,862 
207,496 
Creditors: amounts falling due after more than one year
(138,154)
(104,690)
Provisions for liabilities
Deferred tax
(9,075)
(9,075)
Net assets
112,633 
93,731 
Capital and reserves
Called up share capital
70 
70 
Share premium
50 
50 
Profit and loss account
112,513 
93,611 
Shareholders' funds
112,633 
93,731 
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 August 2025 and were signed on its behalf by
Mark Oughton Director Company Registration No. 07476962
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R C Oughton & Son Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
R C Oughton & Son Limited is a private company, limited by shares, registered in England and Wales, registration number 07476962. The registered office is 52 Leicester Street, Bulkington, Bedworth, Warwickshire, CV12 9NG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
58,500 
At 31 December 2024
58,500 
Amortisation
At 1 January 2024
58,500 
At 31 December 2024
58,500 
Net book value
At 31 December 2024
- 
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R C Oughton & Son Limited Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
205,083 
44,568 
151,670 
401,321 
Additions
- 
21,543 
16,350 
37,893 
At 31 December 2024
205,083 
66,111 
168,020 
439,214 
Depreciation
At 1 January 2024
16,500 
38,663 
102,258 
157,421 
Charge for the year
1,500 
5,395 
15,419 
22,314 
At 31 December 2024
18,000 
44,058 
117,677 
179,735 
Net book value
At 31 December 2024
187,083 
22,053 
50,343 
259,479 
At 31 December 2023
188,583 
5,905 
49,412 
243,900 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
72,565 
4,152 
Accrued income and prepayments
5,800 
5,484 
78,365 
9,636 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
18,720 
15,556 
VAT
27,679 
13,992 
Obligations under finance leases and hire purchase contracts
19,910 
11,415 
Trade creditors
9,694 
34,269 
Taxes and social security
33,520 
14,009 
Other creditors
5,986 
- 
Loans from directors
- 
16,680 
Accruals
5,415 
3,475 
Deferred income
20,000 
- 
140,924 
109,396 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
59,072 
74,308 
Obligations under finance leases and hire purchase contracts
42,915 
30,382 
Loans from directors
36,167 
- 
138,154 
104,690 
9
Average number of employees
During the year the average number of employees was 10 (2023: 10).
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