Complete Estate Agents (Rugby) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05326431 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

COMPLETE ESTATE AGENTS (RUGBY) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr B A Williams

Mrs J L B Yemm

Mr H M Yemm

REGISTERED OFFICE:

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

REGISTERED NUMBER:

05326431 (England and Wales)

ACCOUNTANTS:

TGFP

Chartered Accountants

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

FIXED ASSETS

Tangible assets

4

1,782

193

CURRENT ASSETS

Debtors

5

298,889

292,761

Cash at bank and in hand

3,980

20,262

302,869

313,023

CREDITORS

Amounts falling due within one year

6

140,985

189,788

NET CURRENT ASSETS

161,884

123,235

TOTAL ASSETS LESS CURRENT
LIABILITIES

163,666

123,428

CREDITORS

Amounts falling due after more than one
year

7

26,460

11,334

NET ASSETS

137,206

112,094

CAPITAL AND RESERVES

Called up and paid share capital

100

Retained earnings

137,106

111,994

137,206

112,094

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 2 December 2025 and were signed on its behalf by:

Mr H M Yemm - Director

1.	STATUTORY INFORMATION

Complete Estate Agents (Rugby) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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 etc

-

33% on cost

Financial instruments

Basic financial assets, which include debtors and cash and bank balances, are initially measured at

transaction price including transaction costs and are subsequently carried at amortised cost using the

effective interest method unless the arrangement constitutes a financing transaction, where the

transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial assets classified as receivable within one year are not amortised.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2024

45,253

70,040

115,293

Additions

-

2,673

Disposals

-

(22,537

)

(22,537

)

At 31 March 2025

45,253

50,176

95,429

DEPRECIATION

At 1 April 2024

45,253

69,847

115,100

Charge for year

-

1,084

Eliminated on disposal

-

(22,537

)

(22,537

)

At 31 March 2025

45,253

48,394

93,647

NET BOOK VALUE

At 31 March 2025

-

1,782

At 31 March 2024

-

193

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

6,600

-

Amounts owed by participating interests

128,766

77,987

Other debtors

163,523

214,774

298,889

292,761

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

20,708

10,000

Trade creditors

20,583

7,197

Amounts owed to participating interests

5,000

Taxation and social security

57,264

139,185

Other creditors

37,430

28,406

140,985

189,788

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

26,460

11,334

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors operated loans with the company. Amounts advanced during the year were £92,684 (2024: £82,854). Amounts repaid in the year were nil (2024: £116,748). The amount owed to the company at 31 March 2025 was £92,684 (2024: £82,854).