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COMPANY REGISTRATION NUMBER: 0672657

R. H. Fullwood & Co Limited

Filleted Financial Statements

31 March 2025

R. H. Fullwood & Co Limited

Statement of Financial Position

31 March 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 78,086 | 117,034

Current assets

Stocks | 9,500 |  | 5,000
Debtors | 6 | 1,043,716 |  | 2,546,922
Cash at bank and in hand | 2,006,162 |  | 607,198
| ------------ |  | ------------
| 3,059,378 |  | 3,159,120

Creditors: amounts falling due within one year | 7 | 1,809,181 |  | 1,968,430
| ------------ |  | ------------
Net current assets |  | 1,250,197 | 1,190,690
|  | ------------ | ------------
Total assets less current liabilities |  | 1,328,283 | 1,307,724
|  | ------------ | ------------
Net assets |  | 1,328,283 | 1,307,724
|  | ------------ | ------------

Capital and reserves

Called up share capital |  | 5,000 | 5,000
Profit and loss account |  | 1,323,283 | 1,302,724
|  | ------------ | ------------
Shareholders funds |  | 1,328,283 | 1,307,724
|  | ------------ | ------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the board of directors and authorised for issue on 9 September 2025 , and are signed on behalf of the board by:

Mr G Fullwood
Director

R. H. Fullwood & Co Limited

Notes to the Financial Statements

Year Ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 19 Rowley Lane, South Elmsall, Pontefract, West Yorkshire, WF9 2JP.
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.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The following judgements have had the most significant effect on the amounts recognised in the financial statements. Amounts due from customers in respect of contracts are recognised by reference to the proportion of work carried out and the profit included is calculated on a prudent basis which involves management judgement.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered and construction contracts, stated net of discounts and Value Added Tax. When the outcome of a transaction involving the rendering of services or construction contracts can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services or construction contracts cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.
Income tax
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on material timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset is realised.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
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:

| Land and buildings | - | 4% straight line
| Plant and machinery | - | 50% or 20% straight line
| Fixtures and fittings | - | 33% straight line
| Motor vehicles | - | 25% straight line
| Equipment | - | 33% straight line

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.
Stocks
Stocks are measured at cost.
Financial instruments
Basic financial instruments are recognised at amortised cost, The company holds the following financial assets and liabilities: Cash Short-term trade and other debtors and creditors Cash in the balance sheet comprises cash at banks and in hand. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
Defined contribution plans
The company operates a defined contribution pension scheme for employees. the assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 23 (2024: 24 ).
5. Tangible assets

| Land and buildings | Plant and machinery | Fixtures and fittings | Motor vehicles | Equipment | Total
| £ | £ | £ | £ | £ | £
Cost |  |  |  |  |  |
At 1 Apr 2024 | 25,329 | 95,267 | 14,637 | 209,397 | 8,426 | 353,056
Additions | – | – | – | – | 980 | 980
Disposals | – | ( 11,200) | – | – | – | ( 11,200)
| -------- | -------- | -------- | --------- | -------- | ---------
At 31 Mar 2025 | 25,329 | 84,067 | 14,637 | 209,397 | 9,406 | 342,836
| -------- | -------- | -------- | --------- | -------- | ---------
Depreciation |  |  |  |  |  |
At 1 Apr 2024 | 25,329 | 95,267 | 14,619 | 93,086 | 7,721 | 236,022
Charge for the year | – | – | 18 | 39,629 | 281 | 39,928
Disposals | – | ( 11,200) | – | – | – | ( 11,200)
| -------- | -------- | -------- | --------- | -------- | ---------
At 31 Mar 2025 | 25,329 | 84,067 | 14,637 | 132,715 | 8,002 | 264,750
| -------- | -------- | -------- | --------- | -------- | ---------
Carrying amount |  |  |  |  |  |
At 31 Mar 2025 | – | – | – | 76,682 | 1,404 | 78,086
| -------- | -------- | -------- | --------- | -------- | ---------
At 31 Mar 2024 | – | – | 18 | 116,311 | 705 | 117,034
| -------- | -------- | -------- | --------- | -------- | ---------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 915,525 | 2,502,788
Other debtors | 128,191 | 44,134
| ------------ | ------------
| 1,043,716 | 2,546,922
| ------------ | ------------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 1,136,790 | 1,308,851
Corporation tax | 16,537 | 4,934
Social security and other taxes | 352,612 | 347,952
Other creditors | 303,242 | 306,693
| ------------ | ------------
| 1,809,181 | 1,968,430
| ------------ | ------------

8. Summary audit opinion
The auditor's report dated 17 September 2025 was unqualified .
The senior statutory auditor was Michael Flanagan , for and on behalf of Holmes Beaumont & Holroyd Limited .
9. Directors' advances, credits and guarantees
No advances or credits were made to the directors during the year. The company did not enter into any guarantees on behalf of the directors during the year.
10. Related party transactions
Company buildings are erected on land owned by the directors for which no rent is charged.