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REGISTERED NUMBER: 06013680 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

RLF'S AND SONS LIMITED

RLF'S AND SONS LIMITED (REGISTERED NUMBER: 06013680)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RLF'S AND SONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: R L Fletcher
Mrs S Fletcher





SECRETARY: R L Fletcher





REGISTERED OFFICE: 14 Shawbirch Road
Admaston
Telford
Shropshire
TF5 0AD





REGISTERED NUMBER: 06013680 (England and Wales)





ACCOUNTANTS: A Wigglesworth and Company Ltd
Chartered Accountants
Armstrong House
First Avenue
Finningley
Doncaster
South Yorkshire
DN9 3GA

RLF'S AND SONS LIMITED (REGISTERED NUMBER: 06013680)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 6,624 10,139
6,624 10,139

CURRENT ASSETS
Stocks 18,720 19,735
Debtors 6 13,113 11,916
Cash at bank and in hand 3,179 6,007
35,012 37,658
CREDITORS
Amounts falling due within one year 7 160,449 142,578
NET CURRENT LIABILITIES (125,437 ) (104,920 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(118,813

)

(94,781

)

CREDITORS
Amounts falling due after more than one
year

8

5,125

15,125
NET LIABILITIES (123,938 ) (109,906 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (123,940 ) (109,908 )
SHAREHOLDERS' FUNDS (123,938 ) (109,906 )

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

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

RLF'S AND SONS LIMITED (REGISTERED NUMBER: 06013680)

BALANCE SHEET - continued
30 NOVEMBER 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 29 August 2025 and were signed on its behalf by:




Mrs S Fletcher - Director



R L Fletcher - Director


RLF'S AND SONS LIMITED (REGISTERED NUMBER: 06013680)

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

1. STATUTORY INFORMATION

RLF's and Sons 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Goodwill has now been fully amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


RLF'S AND SONS LIMITED (REGISTERED NUMBER: 06013680)

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

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.

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.

Going concern
Although the companies liabilities exceed its assets by £123,940 (2023 - £109,908) the accounts have been prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2023 - 27 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 42,499
AMORTISATION
At 1 December 2023
and 30 November 2024 42,499
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 -

RLF'S AND SONS LIMITED (REGISTERED NUMBER: 06013680)

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

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
Leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 December 2023 1 120,474 6,362 126,837
Additions - 1,744 901 2,645
At 30 November 2024 1 122,218 7,263 129,482
DEPRECIATION
At 1 December 2023 - 111,797 4,901 116,698
Charge for year - 5,077 1,083 6,160
At 30 November 2024 - 116,874 5,984 122,858
NET BOOK VALUE
At 30 November 2024 1 5,344 1,279 6,624
At 30 November 2023 1 8,677 1,461 10,139

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Rent deposit 10,125 10,125
Prepayments 2,988 1,791
13,113 11,916

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 32,661 33,119
Trade creditors 23,581 27,647
Social security and other taxes 2,163 1,310
Machine gaming duty - 1,986
VAT 14,146 15,487
Other creditors 1,103 977
Directors' current accounts 76,353 48,567
Accrued expenses 10,442 13,485
160,449 142,578

RLF'S AND SONS LIMITED (REGISTERED NUMBER: 06013680)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 5,125 10,000
Bank loans - 2-5 years - 5,125
5,125 15,125

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 22,661 23,119

Bank borrowings are secured by a legal mortgage over the assets.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2024 and 30 November 2023:

2024 2023
£    £   
R L Fletcher and Mrs S Fletcher
Balance outstanding at start of year - 16,774
Amounts repaid - (16,774 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are R Fletcher and Mrs S Fletcher, holding 50% each of the issued share capital.