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REGISTERED NUMBER: 00941718 (England and Wales)














ROBERT ARTHUR DAVIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2024






ROBERT ARTHUR DAVIES LIMITED (REGISTERED NUMBER: 00941718)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ROBERT ARTHUR DAVIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2024







DIRECTORS: R A Davies
L J Newey





SECRETARY: L J Newey





REGISTERED OFFICE: 34/35 Comberton Hill
Kidderminster
Worcestershire
DY10 1QN





REGISTERED NUMBER: 00941718 (England and Wales)

ROBERT ARTHUR DAVIES LIMITED (REGISTERED NUMBER: 00941718)

BALANCE SHEET
30TH NOVEMBER 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 177 951

CURRENT ASSETS
Debtors 5 124,008 180,355
Cash at bank 269,610 234,819
393,618 415,174
CREDITORS
Amounts falling due within one year 6 340,923 355,359
NET CURRENT ASSETS 52,695 59,815
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,872

60,766

PROVISIONS FOR LIABILITIES 7 34 238
NET ASSETS 52,838 60,528

CAPITAL AND RESERVES
Called up share capital 8 1,100 1,100
Retained earnings 51,738 59,428
SHAREHOLDERS' FUNDS 52,838 60,528

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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.

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 27th August 2025 and were signed on its behalf by:



R A Davies - Director


ROBERT ARTHUR DAVIES LIMITED (REGISTERED NUMBER: 00941718)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024

1. STATUTORY INFORMATION

Robert Arthur Davies 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 and expenditure
Revenue and expense recognition
It is impractical to devise accounting policies which consistently match revenue from brokerage with the related expenses. Accordingly the following bases are adopted:

Turnover
Turnover represents brokerage and fees which are (mainly) taken to credit when debit or fee notes are issued irrespective of the inception date or period of insurance, with the exception of direct motor agency business which is credited when received.

Alterations in brokerage arising from return and additional premiums and adjustments are taken into account as and when these occur.

Expenses
Costs are written off as incurred.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

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.

ROBERT ARTHUR DAVIES LIMITED (REGISTERED NUMBER: 00941718)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024

2. ACCOUNTING POLICIES - continued

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.

Government grants
Government grants are recognised at the point that they are receivable and there is reasonable assurance that the company will comply with the conditions attached to them. They are valued at the consideration received or to be received.

Insurance debtors and creditors
In the normal course of business, settlement is required to be made with certain markets, market settlement bureaux or insurance intermediaries on the basis of the net settlement due to or from the market, bureau or intermediary in question rather than the amounts due to or from the individual parties which it represents. Insurance debtors and creditors reflect this basis of settlement.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£ £ £ £
COST
At 1st December 2023
and 30th November 2024 84,598 18,820 32,682 136,100
DEPRECIATION
At 1st December 2023 84,384 18,797 31,968 135,149
Charge for year 54 6 714 774
At 30th November 2024 84,438 18,803 32,682 135,923
NET BOOK VALUE
At 30th November 2024 160 17 - 177
At 30th November 2023 214 23 714 951

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 30,550 127,129
Insurance debtors 80,676 42,011
Tax 1,670 -
Prepayments 11,112 11,215
124,008 180,355

ROBERT ARTHUR DAVIES LIMITED (REGISTERED NUMBER: 00941718)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 306,738 342,330
Tax - 4,484
Social security and other taxes 5,687 -
Directors' current accounts 3,995 3,995
Accrued expenses 24,503 4,550
340,923 355,359

7. PROVISIONS FOR LIABILITIES
2024 2023
£ £
Deferred tax
Accelerated capital allowances 34 238

Deferred tax
£
Balance at 1st December 2023 238
Provided during year (204 )
Balance at 30th November 2024 34

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
1,100 Ordinary £1 1,100 1,100