REGISTERED NUMBER: 01106184 (England and Wales)

ROTHER VALLEY TIMBER LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mrs A J Wells

Mr D J Rutland

SECRETARY:

Mrs A J Wells

REGISTERED OFFICE:

Station Yard

Tenterden Road

Rolvenden

Kent

TN17 4QZ

REGISTERED NUMBER:

01106184 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

Landgate Chambers

24 Landgate

Rye

East Sussex

TN31 7LJ

FIXED ASSETS

Tangible assets

4

561,084

276,995

CURRENT ASSETS

Stocks

1,110,168

1,158,397

Debtors

5

430,839

389,557

Cash at bank and in hand

557,651

988,309

2,098,658

2,536,263

CREDITORS

Amounts falling due within one year

6

600,680

377,976

NET CURRENT ASSETS

1,497,978

2,158,287

TOTAL ASSETS LESS CURRENT LIABILITIES

2,059,062

2,435,282

CREDITORS

Amounts falling due after more than one year

7

(135,257

)

-

PROVISIONS FOR LIABILITIES

-

(32,167

)

NET ASSETS

1,923,805

2,403,115

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Capital redemption reserve

500

500

Retained earnings

1,922,305

2,401,615

SHAREHOLDERS' FUNDS

1,923,805

2,403,115

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 Income Statement has not been delivered.

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

Mrs A J Wells - Director

Mr D J Rutland - Director

1.	STATUTORY INFORMATION

Rother Valley Timber 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.

Solar panels

-

5% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Office and computer equipment

-

20% 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.

FOREIGN CURRENCIES

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 50 (2023 - 50 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Solar

to

Plant and

panels

property

machinery

£

£

£

COST

At 1 January 2024

144,130

204,793

1,536,170

Additions

41,630

-

9,170

At 31 December 2024

185,760

204,793

1,545,340

DEPRECIATION

At 1 January 2024

9,705

204,793

1,467,522

Charge for year

9,288

-

31,985

At 31 December 2024

18,993

204,793

1,499,507

NET BOOK VALUE

At 31 December 2024

166,767

-

45,833

At 31 December 2023

134,425

-

68,648

Office

Fixtures

and

and

Motor

computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

17,199

791,596

138,501

2,832,389

Additions

-

382,119

2,410

435,329

At 31 December 2024

17,199

1,173,715

140,911

3,267,718

DEPRECIATION

At 1 January 2024

17,043

727,568

128,763

2,555,394

Charge for year

52

104,712

5,203

151,240

At 31 December 2024

17,095

832,280

133,966

2,706,634

NET BOOK VALUE

At 31 December 2024

104

341,435

6,945

561,084

At 31 December 2023

156

64,028

9,738

276,995

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

402,277

344,991

Other debtors

141

141

Tax

-

16,004

Prepayments and accrued income

28,421

28,421

430,839

389,557

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts (see note 8)

51,604

-

Trade creditors

456,869

297,797

Other creditors

74,900

72,400

Other taxes and PAYE

17,307

7,779

600,680

377,976

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts (see note 8)

135,257

-

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2024

2023

£

£

Gross obligations repayable:

Within one year

62,981

-

Between one and five years

146,371

-

209,352

-

Finance charges repayable:

Within one year

11,377

-

Between one and five years

11,114

-

22,491

-

Net obligations repayable:

Within one year

51,604

-

Between one and five years

135,257

-

186,861

-

Non-cancellable

operating leases

2024

2023

£

£

Within one year

-

6,509

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1,000

Ordinary

£1

1,000

1,000