REGISTERED NUMBER: 11634277 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

R D LIVESTOCK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R H Morgan

Miss D Roberts

REGISTERED OFFICE:

13 Highstreet

Weaverham

Northwich

Cheshire

CW8 3HA

REGISTERED NUMBER:

11634277 (England and Wales)

FIXED ASSETS

Intangible assets

4

4,000

5,000

Tangible assets

5

119,429

139,507

123,429

144,507

CURRENT ASSETS

Stocks

261,815

294,994

Debtors

6

53,148

109,167

Cash at bank

2,011

-

316,974

404,161

CREDITORS

Amounts falling due within one year

7

235,690

346,694

NET CURRENT ASSETS

81,284

57,467

TOTAL ASSETS LESS CURRENT LIABILITIES

204,713

201,974

CREDITORS

Amounts falling due after more than one year

8

157,889

189,629

NET ASSETS

46,824

12,345

CAPITAL AND RESERVES

Called up share capital

20

20

Retained earnings

46,804

12,325

46,824

12,345

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 9th September 2025 and were signed on its behalf by:

R H Morgan - Director

Miss D Roberts - Director

1.	STATUTORY INFORMATION

R D Livestock 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 0, is being amortised evenly over its estimated useful life of nil 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.

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.

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 (2023 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st January 2024

and 31st December 2024

10,000

AMORTISATION

At 1st January 2024

5,000

Charge for year

1,000

At 31st December 2024

6,000

NET BOOK VALUE

At 31st December 2024

4,000

At 31st December 2023

5,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2024

225,079

Additions

29,953

Disposals

(22,000

)

At 31st December 2024

233,032

DEPRECIATION

At 1st January 2024

85,572

Charge for year

37,656

Eliminated on disposal

(9,625

)

At 31st December 2024

113,603

NET BOOK VALUE

At 31st December 2024

119,429

At 31st December 2023

139,507

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

46,041

100,747

Other debtors

7,107

8,420

53,148

109,167

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

6,780

7,814

Hire purchase contracts

18,685

17,359

Trade creditors

102,045

175,001

Taxation and social security

7,041

1,210

Other creditors

101,139

145,310

235,690

346,694

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

90,310

110,605

Hire purchase contracts

47,579

59,024

Other creditors

20,000

20,000

157,889

189,629