REGISTERED NUMBER: 01616407 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Harold Roberts & Son Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M W Roberts

Mr H Roberts

SECRETARY:

Mrs M Roberts

REGISTERED OFFICE:

The Old Coalyard

Glanydon Industrial Estate

PWLLHELI

Gwynedd

LL53 5YT

REGISTERED NUMBER:

01616407 (England and Wales)

ACCOUNTANTS:

Griffith, Williams & Co

Chartered Accountants

36 Stryd Fawr

Pwllheli

Gwynedd

LL53 5RT

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,580,043

2,717,769

Investments

6

75

75

2,580,118

2,717,844

CURRENT ASSETS

Stocks

132,500

52,500

Debtors

7

881,232

644,517

Cash at bank and in hand

35,977

144,674

1,049,709

841,691

CREDITORS

Amounts falling due within one year

8

1,128,837

1,105,140

NET CURRENT LIABILITIES

(79,128

)

(263,449

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,500,990

2,454,395

CREDITORS

Amounts falling due after more than one year

9

(222,202

)

(255,786

)

PROVISIONS FOR LIABILITIES

(38,827

)

(46,126

)

NET ASSETS

2,239,961

2,152,483

CAPITAL AND RESERVES

Called up share capital

310

310

Share premium

149,997

149,997

Revaluation reserve

10

139,592

139,592

Retained earnings

1,950,062

1,862,584

SHAREHOLDERS' FUNDS

2,239,961

2,152,483

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 November 2025 and were signed on its behalf by:

Mr M W Roberts - Director

1.	STATUTORY INFORMATION

Harold Roberts & Son 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 2018, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

4,000

AMORTISATION

At 1 April 2024

and 31 March 2025

4,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

2,563,801

546,803

3,110,604

Additions

-

8,342

8,342

Disposals

(91,274

)

(84,155

)

(175,429

)

At 31 March 2025

2,472,527

470,990

2,943,517

DEPRECIATION

At 1 April 2024

-

392,835

392,835

Charge for year

-

32,520

32,520

Eliminated on disposal

-

(61,881

)

(61,881

)

At 31 March 2025

-

363,474

363,474

NET BOOK VALUE

At 31 March 2025

2,472,527

107,516

2,580,043

At 31 March 2024

2,563,801

153,968

2,717,769

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

117,703

DEPRECIATION

At 1 April 2024

and 31 March 2025

56,504

NET BOOK VALUE

At 31 March 2025

61,199

At 31 March 2024

61,199

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

75

NET BOOK VALUE

At 31 March 2025

75

At 31 March 2024

75

7.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

158,035

170,792

Other debtors

723,197

466,225

881,232

637,017

Amounts falling due after more than one year:

Other debtors

-

7,500

Aggregate amounts

881,232

644,517

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

49,540

50,213

Hire purchase contracts

7,500

10,000

Trade creditors

222,461

196,832

Taxation and social security

5,342

37,505

Other creditors

843,994

810,590

1,128,837

1,105,140

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

222,202

248,286

Hire purchase contracts

-

7,500

222,202

255,786

Amounts falling due in more than five years:

Repayable by instalments

Bank loan 5+ years

76,946

80,695

10.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

139,592