REGISTERED NUMBER: 00823732 (England and Wales)

Unaudited financial statements

for the year ended 31st December 2024

For

R SLEEP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S M Kenner

T J Sleep

G T Sleep

D W Kenner

SECRETARY:

Mrs S M Kenner

REGISTERED OFFICE:

8 Victoria Road

Camelford

Cornwall

PL32 9TH

REGISTERED NUMBER:

00823732 (England and Wales)

ACCOUNTANTS:

Barkers

No 7 Sportsmans

Camelford

Cornwall

PL32 9QT

FIXED ASSETS

Tangible assets

4

35,730

46,512

CURRENT ASSETS

Stocks

175,000

175,000

Debtors

5

139,748

132,346

Cash at bank and in hand

77,348

84,927

392,096

392,273

CREDITORS

Amounts falling due within one year

6

147,291

116,914

NET CURRENT ASSETS

244,805

275,359

TOTAL ASSETS LESS CURRENT LIABILITIES

280,535

321,871

PROVISIONS FOR LIABILITIES

2,942

4,991

NET ASSETS

277,593

316,880

CAPITAL AND RESERVES

Called up share capital

2,004

2,004

Retained earnings

275,589

314,876

SHAREHOLDERS' FUNDS

277,593

316,880

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th September 2025 and were signed on its behalf by:

Mrs S M Kenner - Director

1.	STATUTORY INFORMATION

R Sleep 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.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment -1/3 straight line

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing contracts

Assets obtained under HP or finance leases are capitalised in the Balance Sheet and depreciated over their useful economic lives. The interest element of these obligations is charged in the Profit and Loss Account in the relevant period.The capital element of future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st January 2024

35,917

13,467

89,054

12,680

151,118

Disposals

-

-

(17,720

)

-

(17,720

)

At 31st December 2024

35,917

13,467

71,334

12,680

133,398

DEPRECIATION

At 1st January 2024

32,520

13,043

46,363

12,680

104,606

Charge for year

679

43

8,157

-

8,879

Eliminated on disposal

-

-

(15,817

)

-

(15,817

)

At 31st December 2024

33,199

13,086

38,703

12,680

97,668

NET BOOK VALUE

At 31st December 2024

2,718

381

32,631

-

35,730

At 31st December 2023

3,397

424

42,691

-

46,512

There are no assets financed by hire purchase.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

133,512

128,004

Other debtors

6,236

4,342

139,748

132,346

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

108,424

97,034

Taxation and social security

13,942

14,044

Other creditors

24,925

5,836

147,291

116,914

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Rent paid to directors £11,700 (2023 £11,700)

The directors have loaned the company £20,000 during the period.