R N Roberts & Sons Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06130427

R N Roberts & Sons Limited

Filleted Unaudited Financial Statements

28 February 2025

R N Roberts & Sons Limited

Statement of Financial Position

28 February 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6		482,898	378,011

Current assets

Stocks		5,000	5,000
Debtors	7	427,165	505,010
Cash at bank and in hand		242,154	199,594
		---------	---------
		674,319	709,604

Creditors: amounts falling due within one year	8	257,615		248,523
		---------		---------
Net current assets			416,704	461,081
			---------	---------
Total assets less current liabilities			899,602	839,092

Creditors: amounts falling due after more than one year	9		185,021	30,539

Provisions

Taxation including deferred tax	96,305	94,503
	---------	---------
Net assets	618,276	714,050
	---------	---------

Capital and reserves

Called up share capital	100	150
Capital redemption reserve	50	–
Profit and loss account	618,126	713,900
	---------	---------
Shareholders funds	618,276	714,050
	---------	---------

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 comprehensive income has not been delivered.

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

R N Roberts & Sons Limited

Statement of Financial Position (continued)

28 February 2025

These financial statements were approved by the board of directors and authorised for issue on 17 October 2025 , and are signed on behalf of the board by:

Mr G N Roberts	Mr R A Roberts
Director	Director

Company registration number: 06130427

R N Roberts & Sons Limited

Notes to the Financial Statements

Year ended 28 February 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 R N Roberts & Sons, Whittle Close Engineer Park, Sandycroft, Deeside, CH5 2QY.

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. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company accounting policies.

Revenue recognition

The turnover shown in the profit and loss account represents amounts invoiced for road haulage services during the year, exclusive of Value Added Tax.

Income tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	33% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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:

Plant & Machinery	-	25% reducing balance
Wagons	-	25% reducing balance
Trailors & Equipment	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Particulars of employees

The average number of persons employed by the company during the year amounted to 12 (2024: 14 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 March 2024 and 28 February 2025	16,022
	--------
Amortisation
At 1 March 2024 and 28 February 2025	16,022
	--------
Carrying amount
At 28 February 2025	–
	--------
At 29 February 2024	–
	--------

6. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 March 2024	98,866	765,316	507,825	1,372,007
Additions	12,220	293,450	–	305,670
Disposals	( 2,000)	( 76,650)	( 135,900)	( 214,550)
	---------	---------	---------	------------
At 28 February 2025	109,086	982,116	371,925	1,463,127
	---------	---------	---------	------------
Depreciation
At 1 March 2024	81,764	541,793	370,439	993,996
Charge for the year	6,837	125,646	28,477	160,960
Disposals	( 875)	( 61,416)	( 112,436)	( 174,727)
	---------	---------	---------	------------
At 28 February 2025	87,726	606,023	286,480	980,229
	---------	---------	---------	------------
Carrying amount
At 28 February 2025	21,360	376,093	85,445	482,898
	---------	---------	---------	------------
At 29 February 2024	17,102	223,523	137,386	378,011
	---------	---------	---------	------------

7. Debtors

	2025	2024
	£	£
Trade debtors	213,009	223,795
Other debtors	214,156	281,215
	---------	---------
	427,165	505,010
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	129,988	104,046
Social security and other taxes	17,215	45,932
Other creditors	110,412	98,545
	---------	---------
	257,615	248,523
	---------	---------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	185,021	30,539
	---------	--------

10. Directors' advances, credits and guarantees

The directors operate current accounts with the company. The opening balance in the year was £74,350 owed by the directors (2024 £60,685)with a credit movement of £29,013, and a closing balance of £45,337 owed by the directors (2024 £74,350).

11. Related party transactions

No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102 section 33.