REGISTERED NUMBER: 06023347 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

R & N BUILDING SERVICES (PETT) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R White

Mr N White

REGISTERED OFFICE:

Greengables

Broadway

Fairlight

Hastings

East Sussex

TN35 4DA

REGISTERED NUMBER:

06023347 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

Unit 2.02

High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

25,105

11,483

25,105

11,483

CURRENT ASSETS

Stocks

500

500

Debtors

6

12,600

7,867

Cash at bank

31,380

45,985

44,480

54,352

CREDITORS

Amounts falling due within one year

7

40,528

36,188

NET CURRENT ASSETS

3,952

18,164

TOTAL ASSETS LESS CURRENT LIABILITIES

29,057

29,647

CREDITORS

Amounts falling due after more than one year

8

(2,256

)

(4,766

)

PROVISIONS FOR LIABILITIES

10

(6,276

)

(2,182

)

NET ASSETS

20,525

22,699

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

20,425

22,599

SHAREHOLDERS' FUNDS

20,525

22,699

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2025 and were signed on its behalf by:

Mr N White - Director

1.	STATUTORY INFORMATION

R & N Building Services (Pett) 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 2007, is being amortised evenly over its estimated useful life of ten 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

STOCKS

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 April 2024

and 31 March 2025

23,184

Amortisation

At 1 April 2024

and 31 March 2025

23,184

Net book value

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 April 2024

22,421

259

35,843

2,440

60,963

Additions

-

-

20,699

-

20,699

Disposals

-

-

(11,843

)

-

(11,843

)

At 31 March 2025

22,421

259

44,699

2,440

69,819

Depreciation

At 1 April 2024

21,742

259

25,328

2,151

49,480

Charge for year

170

-

5,923

95

6,188

Eliminated on disposal

-

-

(10,954

)

-

(10,954

)

At 31 March 2025

21,912

259

20,297

2,246

44,714

Net book value

At 31 March 2025

509

-

24,402

194

25,105

At 31 March 2024

679

-

10,515

289

11,483

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

710

-

Other debtors

11,890

7,867

12,600

7,867

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

2,509

2,509

Trade creditors

1,294

1,572

Taxation and social security

109

3,390

Other creditors

36,616

28,717

40,528

36,188

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 9)

2,256

4,766

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

2,509

2,509

Amounts falling due between two and five years:

Bank loans - 2-5 years

2,256

4,766

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

6,276

2,182

Deferred

tax

£

Balance at 1 April 2024

2,182

Provided during year

4,094

Balance at 31 March 2025

6,276

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

60

Ordinary

£1

60

60

40

A Ordinary

£1

40

40

100

100