Company registration number: 09966471
Unaudited financial statements
for the year ended 31 December 2024
for
R & W Online Limited
Pages for filing with the Registrar
Company registration number: 09966471
R & W Online Limited
Balance sheet
as at 31 December 2024
2024 2023
Note £ £ £ £
Fixed assets
Intangible assets 4 45,370 39,555
Tangible assets 5 41,827 50,518
87,197 90,073
Current assets
Stocks 1,227,842 959,358
Debtors 591,531 307,733
Cash at bank and in hand 545,486 110,312
2,364,859 1,377,403
Creditors: amounts falling due within one
year 		(1,202,651) (1,146,043)
Net current assets 1,162,208 231,360
Total assets less current liabilities 1,249,405 321,433
Creditors: Amounts falling due after more
than one year 		6 (874,539) (82,438)
NET ASSETS 374,866 238,995
Capital and reserves
Called up share capital 2 2
Profit and loss account 374,864 238,993
TOTAL EQUITY 374,866 238,995
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 09966471
R & W Online Limited
Balance sheet - continued
as at 31 December 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 8 September 2025 and signed on its behalf by:
Mr G Purdy, Director
8 September 2025
2
R & W Online Limited
Notes to the financial statements
for the year ended 31 December 2024
1 Company information
R & W Online Limited is a private company registered in England and Wales. Its registered number is 09966471. The company is limited by shares. Its registered office is Hamilton Court, Carthouse Lane, Woking, Surrey, GU21 4XS.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Development costs - 25% reducing balance
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Improvements to property - 10% straight line
Fixtures & fittings - 25% reducing balance
Computer equipment - 25% reducing balance
3
R & W Online Limited
Notes to the financial statements - continued
for the year ended 31 December 2024
2 Accounting policies - continued
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 taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 8 (2023 - 8).
4 Intangible assets
Other
intangible
assets
£
Cost
At 1 January 2024 58,186
Additions 18,771
Disposals (980)
At 31 December 2024 75,977
Amortisation
At 1 January 2024 18,631
Charge for year 11,976
At 31 December 2024 30,607
Net book value
At 31 December 2024 45,370
At 31 December 2023 39,555
4
R & W Online Limited
Notes to the financial statements - continued
for the year ended 31 December 2024
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 January 2024 101,402
Additions 1,542
At 31 December 2024 102,944
Depreciation
At 1 January 2024 50,884
Charge for year 10,233
At 31 December 2024 61,117
Net book value
At 31 December 2024 41,827
At 31 December 2023 50,518
6 Creditors: amounts falling due after more than five years
2024 2023
£ £
Repayable otherwise than by instalments
Other creditors 150,000 -
Repayable by instalments
Bank loans 232,325 -
5