Company Registration No. 03284090 (England and Wales)
R. J. ADAMS LIMITED
Unaudited accounts
for the year ended 31 May 2025
R. J. ADAMS LIMITED
Unaudited accounts
Contents
R. J. ADAMS LIMITED
Company Information
for the year ended 31 May 2025
Company Number
03284090 (England and Wales)
Registered Office
Swinneys
Station Road
Brize Norton
Oxfordshire
OX18 3QA
Accountants
RM Whitehouse & Co Ltd
Spring Bank
Shipton Road
Milton under Wychwood
Oxfordshire
OX7 6JS
R. J. ADAMS LIMITED
Statement of financial position
as at 31 May 2025
Tangible assets
1,746,419
1,771,553
Inventories
196,914
196,057
Cash at bank and in hand
2,868,868
2,567,076
Creditors: amounts falling due within one year
(245,349)
(233,262)
Net current assets
3,023,164
2,702,035
Total assets less current liabilities
4,770,883
4,474,888
Provisions for liabilities
Deferred tax
(132,440)
(136,704)
Net assets
4,638,443
4,338,184
Called up share capital
100
100
Profit and loss account
4,638,343
4,338,084
Shareholders' funds
4,638,443
4,338,184
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 October 2025 and were signed on its behalf by
Mr Raymond ADAMS
Director
Company Registration No. 03284090
R. J. ADAMS LIMITED
Notes to the Accounts
for the year ended 31 May 2025
R. J. ADAMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03284090. The registered office is Swinneys, Station Road, Brize Norton, Oxfordshire, OX18 3QA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Computer equipment
25% Reducing balance
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
R. J. ADAMS LIMITED
Notes to the Accounts
for the year ended 31 May 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 June 2024
1,037,124
2,614,911
386,571
38,292
64,007
4,140,905
Additions
-
146,542
64,180
-
639
211,361
At 31 May 2025
1,037,124
2,761,453
450,751
38,292
64,646
4,352,266
At 1 June 2024
-
2,025,234
269,194
17,529
57,395
2,369,352
Charge for the year
-
184,092
45,393
5,191
1,819
236,495
At 31 May 2025
-
2,209,326
314,587
22,720
59,214
2,605,847
At 31 May 2025
1,037,124
552,127
136,164
15,572
5,432
1,746,419
At 31 May 2024
1,037,124
589,677
117,377
20,763
6,612
1,771,553
5
Investments
Other investments
Valuation at 1 June 2024
1,300
Valuation at 31 May 2025
1,300
Amounts falling due within one year
Trade debtors
184,044
158,504
Accrued income and prepayments
18,687
13,660
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
89,374
76,397
Taxes and social security
145,196
131,661
Other creditors
1,593
2,423
Loans from directors
9,186
22,781
Allotted, called up and fully paid:
90 Ordinary shares A shares of £1 each
90
90
5 Ordinary shares B shares of £1 each
5
5
5 Ordinary shares C shares of £1 each
5
5
R. J. ADAMS LIMITED
Notes to the Accounts
for the year ended 31 May 2025
9
Average number of employees
During the year the average number of employees was 10 (2024: 9).