Adam, Rouilly Limited - Filleted accounts

Registered number

01035492

Adam, Rouilly Limited

Unaudited Filleted Accounts

31 December 2024

Adam, Rouilly Limited
Registered number:		01035492
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		1,399,206			784,465

Current assets
Stocks		338,206			470,307
Debtors	4	555,736			456,484
Cash at bank and in hand		2,515,337			3,280,569
		3,409,279			4,207,360

Creditors: amounts falling due within one year	5	(373,978)			(527,480)

Net current assets			3,035,301			3,679,880

Total assets less current liabilities			4,434,507			4,464,345


Deferred taxation			(85,600)			(59,590)

Net assets			4,348,907			4,404,755

Capital and reserves
Called up share capital			98,900			98,900
Profit and loss account			4,250,007			4,305,855

Shareholders' funds			4,348,907			4,404,755

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M Whitebread
Director
Approved by the board on 19 September 2025

Adam, Rouilly Limited
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).


	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.


	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			4% on cost
	Plant and equipment			10% - 33% on cost
	Motor vehicles			25% on cost


	Inventories
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.










	Government grants
	Grants are accounted for under the performance model as permitted by FRS 102. A grant is recognised in the profit and loss account as "other operating income", provided that if the terms of the grant impose performance related conditions, those conditions have been met.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Research and Development
	Expenditure on research and development is written off in the year in which it is incurred.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees				2024		2023
Number						Number

	Average number of persons employed by the company				31		29












3	Tangible fixed assets
		Freehold Building	Assets Under Construction	Plant and Equipment	Motor vehicles		Total
£			£	£	£	£
	Cost
	At 1 January 2024	1,354,176	62,921	626,556	167,497		2,211,150
	Additions	-	617,108	30,658	117,920		765,686
	Transfer	680,029	(680,029)	-	-		-
	Disposals	-	-	-	(24,770)		(24,770)
	At 31 December 2024	2,034,205	-	657,214	260,647		2,952,066

	Depreciation
	At 1 January 2024	928,682	-	433,153	64,850		1,426,685
	Charge for the year	56,564	-	38,002	56,379		150,945
	On disposals	-	-	-	(24,770)		(24,770)
	At 31 December 2024	985,246	-	471,155	96,459		1,552,860

	Net book value
	At 31 December 2024	1,048,959	-	186,059	164,188		1,399,206
	At 31 December 2023	425,494	62,921	193,403	102,647		784,465


4	Debtors				2024		2023
£						£

	Trade debtors				256,920		291,173
	Prepayments				87,463		43,696
	Value added tax				44,787		18,208
	Corporation Tax				101,605		27,101
	Other debtors				64,961		76,306
					555,736		456,484

	Amounts due after more than one year included above				36,887		55,574

5	Creditors: amounts falling due within one year				2024		2023
£						£

	Trade creditors				211,198		182,516
	Accruals				84,375		113,299
	Corporation tax				-		131,671
	Other taxes and social security costs				78,405		99,994
					373,978		527,480

6	Pension commitments

	The company contributes to defined contribution pension schemes on behalf of its directors and certain employees. The assets of these schemes are held separately from those of the company in independently administered funds. The contributions paid for the year amounted to £64,994 (2023: £48,428)




7	Related party transactions

	As at 31 December 2024, the company had advanced £49,637 to a shareholder (2023: £73,775).

8	Controlling party

	The company is controlled by MAJ Whitebread and his family by virtue of their beneficial and non beneficial (as trustees) shareholdings in the issued ordinary shares of the company

9	Other information

	Adam, Rouilly Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Castle Road
	Eurolink Business Park
	Sittingbourne
	Kent
	ME10 3AG