REGISTERED NUMBER: 07807837 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

RAWDING PARTNERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W M Rawding

Miss C Rawding

REGISTERED OFFICE:

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

REGISTERED NUMBER:

07807837 (England and Wales)

ACCOUNTANTS:

Martin and Company

Two Brewers House

50 North Street

Thame

Oxfordshire

OX9 3BH

FIXED ASSETS

Intangible assets

4

2,277

4,553

Tangible assets

5

516,533

479,468

518,810

484,021

CURRENT ASSETS

Stocks

889,418

852,802

Debtors

6

59,961

48,758

Cash at bank and in hand

1,374

1,372

950,753

902,932

CREDITORS

Amounts falling due within one year

7

244,322

230,467

NET CURRENT ASSETS

706,431

672,465

TOTAL ASSETS LESS CURRENT LIABILITIES

1,225,241

1,156,486

CREDITORS

Amounts falling due after more than one year

8

(626,721

)

(651,114

)

PROVISIONS FOR LIABILITIES

(59,499

)

(50,003

)

NET ASSETS

539,021

455,369

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

538,021

454,369

SHAREHOLDERS' FUNDS

539,021

455,369

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

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th September 2025 and were signed on its behalf by:

W M Rawding - Director

1.	STATUTORY INFORMATION

Rawding Partners 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 arising on the incorporation of the entity represents the excess of the cost of acquisition over the company's interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognised at the date of incorporation. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and impairment losses. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Goodwill - amortisation straight line over 10 years from 1 January 2016

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.

Improvements to property

-

nil

Plant and machinery

-

10% on reducing balance

Tractors and combines

-

10% on cost

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of actual cost, deemed cost or net realisable value.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st January 2024

and 31st December 2024

22,766

AMORTISATION

At 1st January 2024

18,213

Charge for year

2,276

At 31st December 2024

20,489

NET BOOK VALUE

At 31st December 2024

2,277

At 31st December 2023

4,553

5.	TANGIBLE FIXED ASSETS

Improvements

Tractors

to

Plant and

and

property

machinery

combines

£

£

£

COST

At 1st January 2024

278,629

236,668

88,330

Additions

-

26,635

-

Disposals

-

-

-

At 31st December 2024

278,629

263,303

88,330

DEPRECIATION

At 1st January 2024

-

102,664

38,924

Charge for year

-

16,075

7,058

Eliminated on disposal

-

-

-

At 31st December 2024

-

118,739

45,982

NET BOOK VALUE

At 31st December 2024

278,629

144,564

42,348

At 31st December 2023

278,629

134,004

49,406

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st January 2024

99,860

1,715

705,202

Additions

41,163

-

67,798

Disposals

(20,920

)

-

(20,920

)

At 31st December 2024

120,103

1,715

752,080

DEPRECIATION

At 1st January 2024

82,738

1,408

225,734

Charge for year

5,225

101

28,459

Eliminated on disposal

(18,646

)

-

(18,646

)

At 31st December 2024

69,317

1,509

235,547

NET BOOK VALUE

At 31st December 2024

50,786

206

516,533

At 31st December 2023

17,122

307

479,468

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

38,927

33,533

Other debtors

21,034

15,225

59,961

48,758

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

97,317

103,041

Hire purchase contracts

17,488

15,667

Trade creditors

99,105

89,339

Taxation and social security

15,905

8,560

Other creditors

14,507

13,860

244,322

230,467

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

54,227

82,217

Hire purchase contracts

17,548

-

Other creditors

554,946

568,897

626,721

651,114

9.	RELATED PARTY DISCLOSURES

During the year the company made the following related party transactions:

At the balance sheet date the amount due to the director was £554,946 (2023: £568,897). No interest is charged on this balance.