REGISTERED NUMBER: 00800857 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

R.M.EGLIN & SON LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D M Eglin

Mrs N Rose

B E Blagg

REGISTERED OFFICE:

Bramcote Mains

Wolvey Road

Bulkington

Warwickshire

CV12 9JX

REGISTERED NUMBER:

00800857 (England and Wales)

FIXED ASSETS

Tangible assets

4

125,692

102,474

Investments

5

15,295

15,295

140,987

117,769

CURRENT ASSETS

Stocks

68,000

52,076

Debtors

5,168

270

Cash at bank and in hand

393,310

278,692

466,478

331,038

CREDITORS

Amounts falling due within one year

255,987

183,139

NET CURRENT ASSETS

210,491

147,899

TOTAL ASSETS LESS CURRENT LIABILITIES

351,478

265,668

CREDITORS

Amounts falling due after more than one year

(12,542

)

-

PROVISIONS FOR LIABILITIES

(31,423

)

(21,730

)

NET ASSETS

307,513

243,938

CAPITAL AND RESERVES

Called up share capital

2,500

2,500

Retained earnings

305,013

241,438

307,513

243,938

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 15 September 2025 and were signed on its behalf by:

D M Eglin - Director

B E Blagg - Director

1.	STATUTORY INFORMATION

R.m.eglin & Son 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.

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

Turnover

Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold buildings

-

10% on cost and 5% on cost

Plant & machinery

-

10% on reducing balance

Motor vehicles

-

15% on cost

Computer equipment

-

25% 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

567,663

Additions

62,598

Disposals

(74,484

)

At 31 December 2024

555,777

DEPRECIATION

At 1 January 2024

465,189

Charge for year

17,454

Eliminated on disposal

(52,558

)

At 31 December 2024

430,085

NET BOOK VALUE

At 31 December 2024

125,692

At 31 December 2023

102,474

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2024

2023

£

£

Gold

15,295

15,295

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

D M Eglin

Balance outstanding at start of year

-

18,007

Amounts repaid

-

(18,007

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

7.	CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.