REGISTERED NUMBER: 07160201 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Sutherland Reay & Co Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Lindholt

REGISTERED OFFICE:

64 Market Street New Mills

High Peak

Derbyshire

SK22 4AA

REGISTERED NUMBER:

07160201 (England and Wales)

ACCOUNTANTS:

Clayton and Clayton Accountants LLP

Chartered Certified Accountants

64 Market Street

New Mills

HIGH PEAK

SK22 4AA

FIXED ASSETS

Tangible assets

4

10,367

12,752

CURRENT ASSETS

Debtors

5

8,592

57,152

Cash at bank

27

10,066

8,619

67,218

CREDITORS

Amounts falling due within one year

6

83,384

137,544

NET CURRENT LIABILITIES

(74,765

)

(70,326

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(64,398

)

(57,574

)

CREDITORS

Amounts falling due after more than one year

7

(4,167

)

(12,773

)

PROVISIONS FOR LIABILITIES

(1,970

)

(2,423

)

NET LIABILITIES

(70,535

)

(72,770

)

CAPITAL AND RESERVES

Called up share capital

80

80

Retained earnings

(70,615

)

(72,850

)

(70,535

)

(72,770

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22 September 2025 and were signed by:

M Lindholt - Director

1.	STATUTORY INFORMATION

Sutherland Reay & Co 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.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 3 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

70,637

DEPRECIATION

At 1 April 2024

57,885

Charge for year

2,385

At 31 March 2025

60,270

NET BOOK VALUE

At 31 March 2025

10,367

At 31 March 2024

12,752

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

8,592

20,836

Other debtors

-

36,316

8,592

57,152

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

17,929

39,442

Trade creditors

5,817

14,005

Taxation and social security

43,621

61,270

Other creditors

16,017

22,827

83,384

137,544

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

4,167

12,773

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

P Sutherland Reay

Balance outstanding at start of year

35,157

31,955

Amounts advanced

-

3,202

Amounts repaid

(35,157

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

35,157

Mr P Sutherland-Reay had an outstanding loan with the company of £35,157 which was fully repaid on 1 May 2024 when he sold his interest in the business to M Lindholt.

Mr M Lindholt has an outstanding loan with the company of £14,688 as at 31 March 2025 (2024 - £nil).

9.	RELATED PARTY DISCLOSURES

The controlling party is M Lindholt.