REGISTERED NUMBER: 09669084 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

RALPH JAMES REDHILL LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

P J Baker

A Cullum

REGISTERED OFFICE:

39 High Street

Redhill

Surrey

RH1 1RX

REGISTERED NUMBER:

09669084 (England and Wales)

ACCOUNTANTS:

BDA Associates Limited

Chartered Accountants

Global House

1 Ashley Avenue

Epsom

Surrey

KT18 5AD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

104,446

155,689

104,446

155,689

CURRENT ASSETS

Debtors

6

207,813

207,224

Cash at bank

69,033

59,817

276,846

267,041

CREDITORS

Amounts falling due within one year

7

216,830

148,383

NET CURRENT ASSETS

60,016

118,658

TOTAL ASSETS LESS CURRENT LIABILITIES

164,462

274,347

CREDITORS

Amounts falling due after more than one year

8

(5,168

)

(14,901

)

PROVISIONS FOR LIABILITIES

-

(13,764

)

NET ASSETS

159,294

245,682

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

159,194

245,582

SHAREHOLDERS' FUNDS

159,294

245,682

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.

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 24 September 2025 and were signed on its behalf by:

P J Baker - Director

1.	STATUTORY INFORMATION

Ralph James Redhill 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 2017, is being amortised evenly over its estimated useful life of five years.

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

-

20% on cost

Motor vehicles

-

25% on reducing balance

Fixtures and equipment

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 21 (2023 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

78,000

AMORTISATION

At 1 January 2024

and 31 December 2024

78,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Motor

and

property

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

178,509

8,266

166,051

352,826

DEPRECIATION

At 1 January 2024

101,294

5,759

90,084

197,137

Charge for year

23,896

627

26,720

51,243

At 31 December 2024

125,190

6,386

116,804

248,380

NET BOOK VALUE

At 31 December 2024

53,319

1,880

49,247

104,446

At 31 December 2023

77,215

2,507

75,967

155,689

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

152,399

139,437

Amounts owed by related companies

42,053

35,553

Other debtors

13,361

32,234

207,813

207,224

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

28,143

10,000

Trade creditors

53,556

23,440

Taxation and social security

111,891

105,208

Other creditors

23,240

9,735

216,830

148,383

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

5,168

14,901

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100