Rural Arisings Limited Group accounts (Group and Company)

COMPANY REGISTRATION NUMBER: 04286026

Rural Arisings Limited

Unaudited Financial Statements

31 December 2024

Rural Arisings Limited

Financial Statements

Year ended 31 December 2024

Contents	Page

Directors' report	1

Consolidated statement of comprehensive income	2

Consolidated statement of financial position	3

Company statement of financial position	5

Consolidated statement of changes in equity	7

Company statement of changes in equity	8

Notes to the financial statements	9

Rural Arisings Limited

Directors' Report

Year ended 31 December 2024

The directors present their report and the unaudited financial statements of the group for the year ended 31 December 2024 .

Principal activities

The principal activity of the company and group was that of bespoke environmental (recreational, ecological, agricultural and amenity) enhancement of sites by recycling and/or recovery of soil and green waste.

Directors

The directors who served the company during the year were as follows:

S J Armfield
R W Armfield

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 30 September 2025 and signed on behalf of the board by:

S J Armfield	R W Armfield
Director	Director

Registered office:

250 Woodcote Road

Wallington

Surrey

United Kingdom

SM6 0QE

Rural Arisings Limited

Consolidated Statement of Comprehensive Income

Year ended 31 December 2024

	2024	2023
Note	£	£
Turnover	1,788,908	2,674,596

Cost of sales	1,441,845	1,863,121
	------------	------------
Gross profit	347,063	811,475

Administrative expenses	1,042,159	1,065,324
Other operating income	176	169,190
Gain on acquisition	–	(766,992)
	------------	------------
Operating (loss)/profit	( 694,920)	682,333

Other interest receivable and similar income		17,296	25,297
Interest payable and similar expenses		1,863	162
		------------	------------
Operating profit	5	( 679,487)	707,468

Tax on (loss)/profit	( 101,403)	65,028
	---------	---------
(Loss)/profit for the financial year and total comprehensive income	( 578,084)	642,440
	---------	---------

All the activities of the group are from continuing operations.

Rural Arisings Limited

Consolidated Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Tangible assets	7	217,569	316,954

Current assets

Stocks		39,512	414
Debtors	9	1,099,360	3,039,124
Cash at bank and in hand		825,000	2,584,676
		------------	------------
		1,963,872	5,624,214

Creditors: amounts falling due within one year	10	1,508,935	1,246,094
		------------	------------
Net current assets		454,937	4,378,120
		---------	------------
Total assets less current liabilities		672,506	4,695,074

Creditors: amounts falling due after more than one year	11	3	–

Provisions	12	60,221	1,435,814
		---------	------------
Net assets		612,282	3,259,260
		---------	------------

Capital and reserves

Called up share capital	100	100
Capital redemption reserve	50	50
Profit and loss account	612,132	3,259,110
	---------	------------
Shareholders funds	612,282	3,259,260
	---------	------------

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Rural Arisings Limited

Consolidated Statement of Financial Position (continued)

31 December 2024

Directors' responsibilities: (a) ensuring that the group 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 and the group as at the end of each financial year and of the group's 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 and the group.

These financial statements were approved by the board of directors and authorised for issue on 30 September 2025 , and are signed on behalf of the board by:

S J Armfield	R W Armfield
Director	Director

Company registration number: 04286026

Rural Arisings Limited

Company Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Tangible assets	7	217,569	316,954
Investments	8	50	50
		---------	---------
		217,619	317,004

Current assets

Stocks		39,512	414
Debtors	9	899,603	3,373,455
Cash at bank and in hand		64,944	663,141
		------------	------------
		1,004,059	4,037,010

Creditors: amounts falling due within one year	10	732,582	1,236,171
		------------	------------
Net current assets		271,477	2,800,839
		---------	------------
Total assets less current liabilities		489,096	3,117,843

Creditors: amounts falling due after more than one year	11	35,995	–

Provisions	12	60,221	645,764
		---------	------------
Net assets		392,880	2,472,079
		---------	------------

Capital and reserves

Called up share capital	100	100
Capital redemption reserve	50	50
Profit and loss account	392,730	2,471,929
	---------	------------
Shareholders funds	392,880	2,472,079
	---------	------------

The loss for the financial year of the parent company was £ 1,010,304 (2023: £ 144,741 ).

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Rural Arisings Limited

Company Statement of Financial Position (continued)

31 December 2024

Directors' responsibilities: (a) ensuring that the group 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 and the group as at the end of each financial year and of the group's 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 and the group.

These financial statements were approved by the board of directors and authorised for issue on 30 September 2025 , and are signed on behalf of the board by:

S J Armfield	R W Armfield
Director	Director

Company registration number: 04286026

Rural Arisings Limited

Consolidated Statement of Changes in Equity

Year ended 31 December 2024

	Called up share capital	Capital redemption reserve	Profit and loss account	Total
	£	£	£	£
At 1 January 2023	50	50	2,616,670	2,616,770

Profit for the year			642,440	642,440
	----	----	------------	------------
Total comprehensive income for the year	–	–	642,440	642,440

Issue of shares	50	–	–	50
	----	----	------------	------------
Total investments by and distributions to owners	50	–	–	50

At 31 December 2023	100	50	3,259,113	3,259,263

Loss for the year			( 578,084)	( 578,084)
	----	----	------------	------------
Total comprehensive income for the year	–	–	( 578,084)	( 578,084)

Dividends paid and payable	–	–	( 2,068,897)	( 2,068,897)
	----	----	------------	------------
Total investments by and distributions to owners	–	–	( 2,068,897)	( 2,068,897)

	----	----	------------	------------
At 31 December 2024	100	50	612,132	612,282
	----	----	------------	------------

Rural Arisings Limited

Company Statement of Changes in Equity

Year ended 31 December 2024

	Called up share capital	Capital redemption reserve	Profit and loss account	Total
	£	£	£	£
At 1 January 2023	50	50	2,616,670	2,616,770

Loss for the year			( 144,741)	( 144,741)
	----	----	------------	------------
Total comprehensive income for the year	–	–	( 144,741)	( 144,741)

Issue of shares	50	–	–	50
	----	----	------------	------------
Total investments by and distributions to owners	50	–	–	50

At 31 December 2023	100	50	2,471,931	2,472,081

Loss for the year			( 1,010,304)	( 1,010,304)
	----	----	------------	------------
Total comprehensive income for the year	–	–	( 1,010,304)	( 1,010,304)

Dividends paid and payable	–	–	( 1,068,897)	( 1,068,897)
	----	----	------------	------------
Total investments by and distributions to owners	–	–	( 1,068,897)	( 1,068,897)

	----	----	------------	------------
At 31 December 2024	100	50	392,730	392,880
	----	----	------------	------------

Rural Arisings Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 250 Woodcote Road, Wallington, Surrey, SM6 0QE, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Disclosure exemptions

The parent company satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following reduced disclosures available under FRS 102:

(a) Disclosures in respect of each class of share capital have not been presented.

(b) No cash flow statement has been presented for the company.

(c) Disclosures in respect of financial instruments have not been presented.

(d) No disclosure has been given for the aggregate remuneration of key management personnel.

Consolidation

The financial statements consolidate the financial statements of Rural Arisings Limited and all of its subsidiary undertakings.

The results of subsidiaries acquired or disposed of during the year are included from or to the date that control passes.

The parent company has applied the exemption contained in section 408 of the Companies Act 2006 and has not presented its individual profit and loss account.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	33% reducing balance
Motor vehicles	-	25% reducing balance
Equipment	-	33% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units .

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-putative ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 12 (2023: 11 ).

5. Operating profit

Operating profit is stated after charging:

	2024	2023
	£	£
Depreciation of tangible assets	64,168	70,212
	--------	--------

6. Reserves notes

Called-up Share capital - This reserve represents the nominal value of shares that have been issued.

Capital redemption reserve - This reserve records the nominal value of shares repurchased by the company.

Profit and loss account - This reserve records retained earnings and accumulated losses.

7. Tangible assets

Group and company	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 January 2024	209,976	35,545	306,425	27,389	579,335
Additions	49,054	1,639	50,358	2,731	103,782
Disposals	( 19,681)	–	( 187,771)	–	( 207,452)
	---------	--------	---------	--------	---------
At 31 December 2024	239,349	37,184	169,012	30,120	475,665
	---------	--------	---------	--------	---------
Depreciation
At 1 January 2024	111,186	33,415	101,490	17,925	264,016
Charge for the year	30,129	1,108	29,688	3,243	64,168
Disposals	( 13,238)	–	( 56,850)	–	( 70,088)
	---------	--------	---------	--------	---------
At 31 December 2024	128,077	34,523	74,328	21,168	258,096
	---------	--------	---------	--------	---------
Carrying amount
At 31 December 2024	111,272	2,661	94,684	8,952	217,569
	---------	--------	---------	--------	---------
At 31 December 2023	98,790	2,130	204,935	9,464	315,319
	---------	--------	---------	--------	---------

8. Investments

The group has no investments.

Company	Shares in group undertakings
	£
Cost
At 1 January 2024	–
Additions	50
	----
At 31 December 2024	50
	----
Impairment
At 1 January 2024 and 31 December 2024	–
	----

Carrying amount
At 31 December 2024	50
	----
At 31 December 2023	–
	----

Subsidiaries, associates and other investments

Details of the investments in which the parent company has an interest of 20% or more are as follows:

	Class of share	Percentage of shares held
Subsidiary undertakings
Rural Arisings (Cranleigh) Limited	A and B Ordinary	100

Rural Arisings (Cranleigh) Limited was acquired on 14th July 2023 at the costs of £50 and financed wholly by the issue of A and B Ordinary shares of £1 each. Negative goodwill arising on consolidation of £766,992, relating to the excess of net amount of identifiable assets, liabilities and provisions for contingent liabilities over the costs of the business combination have been recognised in the Consolidated Statement of Comprehensive Income in the year of acquisition.

9. Debtors

	Group		Company
	2024	2023	2024	2023
	£	£	£	£
Trade debtors	372,619	1,775,294	249,953	1,307,037
Amounts owed by group undertakings	31,363	–	31,360	705,936
Other debtors	695,378	1,263,830	618,290	1,360,482
	------------	------------	---------	------------
	1,099,360	3,039,124	899,603	3,373,455
	------------	------------	---------	------------

10. Creditors: amounts falling due within one year

	Group		Company
	2024	2023	2024	2023
	£	£	£	£
Trade creditors	221,532	1,131,906	221,533	1,131,906
Social security and other taxes	15,350	31,286	15,350	26,413
Other creditors - desc in a/cs	2,963	–	2,963	–
Other creditors	1,269,090	82,902	492,736	77,852
	------------	------------	---------	------------
	1,508,935	1,246,094	732,582	1,236,171
	------------	------------	---------	------------

11. Creditors: amounts falling due after more than one year

	Group		Company
	2024	2023	2024	2023
	£	£	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	3	–	35,995	–
	----	----	--------	----

12. Provisions

Group and company	Deferred tax
	£
At 1 January 2024 and 31 December 2024	60,221
	--------

13. Financial instruments

Where reduced disclosures are applied, disclosures from the Companies Act 2006 still need to be made regarding the fair value of the instruments in each category and the changes in value recognised in profit and loss. Disclosures of the significant assumptions underlying the valuation models and techniques used, and extent and nature of derivative instruments are also required. Additional disclosures are also required relating to defaults and breaches on loans payable information relating to financial instruments at fair value through profit or loss that are not held as part of a trading portfolio and are not derivatives.

14. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	Group		Company
	2024	2023	2024	2023
	£	£	£	£
Not later than 1 year	–	27,042	–	27,042
	----	--------	----	--------