REGISTERED NUMBER: 03003332 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Rayburn Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A.M. Griffiths

J Griffiths

Mrs J A Shelley

REGISTERED OFFICE:

Whitehouse Street

Walsall

West Midlands

WS2 8HR

REGISTERED NUMBER:

03003332 (England and Wales)

ACCOUNTANTS:

Garner & Co Limited

Rest Harrow

Welland

Malvern

WR13 6NQ

FIXED ASSETS

Tangible assets

4

1,088,158

839,977

Investments

5

-

50,002

1,088,158

889,979

CURRENT ASSETS

Debtors

6

86,727

138,568

Cash at bank

224,135

459,118

310,862

597,686

CREDITORS

Amounts falling due within one year

7

110,493

9,864

NET CURRENT ASSETS

200,369

587,822

TOTAL ASSETS LESS CURRENT LIABILITIES

1,288,527

1,477,801

CAPITAL AND RESERVES

Called up share capital

8

45,000

45,002

Revaluation reserve

9

121,458

177,634

Retained earnings

9

1,122,069

1,255,165

SHAREHOLDERS' FUNDS

1,288,527

1,477,801

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 28 August 2025 and were signed on its behalf by:

A.M. Griffiths - Director

1.	STATUTORY INFORMATION

Rayburn Holdings 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 as modified by the revaluation of certain assets.

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.

Freehold property

-

2% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Investment

property

Property

Totals

£

£

£

COST

At 1 June 2024

611,109

300,000

911,109

Additions

-

259,003

259,003

At 31 May 2025

611,109

559,003

1,170,112

DEPRECIATION

At 1 June 2024

71,132

-

71,132

Charge for year

10,822

-

10,822

At 31 May 2025

81,954

-

81,954

NET BOOK VALUE

At 31 May 2025

529,155

559,003

1,088,158

At 31 May 2024

539,977

300,000

839,977

Freehold property comprises property at a professional valuation in the year ended 31st May 2017 of £350,000 and a property at cost of £261,109. The investment properties have been adjusted to reflect their market value from an original cost of £505,566.

5.	FIXED ASSET INVESTMENTS

The investment was distributed in specie to Rayburn Environmental Ltd in accordance with a resolution dated 15th August 2024.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Due from group undertakings

-

89,818

Other debtors

86,727

48,750

86,727

138,568

Included in other debtors is an amount of £82,735 owed by Rayburn Plastics Ltd, a former group undertaking. The loan is repayable on demand and secured by a debenture charge over the assets of that company.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Amounts owed to parent undertakings

84,128

-

Taxation and social security

6,027

2,164

Other creditors

20,338

7,700

110,493

9,864

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

45,000

Ordinary

1

45,000

45,000

2

Ordinary A

1

-

2

45,000

45,002

In accordance with a special resolution dated 12th August 2024 the 2 Ordinary A Shares were cancelled.

9.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 June 2024

1,255,165

177,634

1,432,799

Profit for the year

210,726

210,726

Dividends

(400,000

)

(400,000

)

Cancellation of shares

2

-

2

Transfer between reserves

56,176

(56,176

)

-

At 31 May 2025

1,122,069

121,458

1,243,527

10.	RELATED PARTY DISCLOSURES

During the period 1st June 2024 to 15th August 2024 the company charged its former subsidiary company, Rayburn Plastics Limited, rent at market value totalling £10,209 (2024: £53,083).

During the year dividends totalling £400,000 were paid, comprising £28,650 to Mr A M Griffiths (2024: £17,600), £12,835 to Mrs J A Shelley (2024: £8,000), £8,515 to Mr J A O Griffiths (2024: £160,400) and £350,000 to Rayburn Environmental Ltd (2024: £Nil). No notice of dividend waivers were received by the company during the year (2024: Mr A M Griffiths for £253,846 and Mrs J A Shelley for £115,384).

Pursuant to a share-for-share exchange agreement and a written resolution dated 12th August 2024 the issues share capital of the company was acquired by Rayburn Environmental Limited.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is A.M. Griffiths.

At the year end, the company's ultimate controlling party was Mr A M Griffiths by virtue of his majority shareholding in the parent company, Rayburn Environmental Ltd.