REGISTERED NUMBER: 04729590 (England and Wales)

ILLSTON & ROBSON LIMITED

Unaudited Financial Statements for the Year Ended 31 May 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M T Reid

Mrs C L Reid

REGISTERED OFFICE:

236-250 Herbert Road

Small Heath

Birmingham

B10 0QQ

REGISTERED NUMBER:

04729590 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

4

1,342,050

1,542,446

CURRENT ASSETS

Stocks

263,680

313,543

Debtors

5

577,579

508,331

Cash at bank and in hand

334,943

89,280

1,176,202

911,154

CREDITORS

Amounts falling due within one year

6

766,052

577,874

NET CURRENT ASSETS

410,150

333,280

TOTAL ASSETS LESS CURRENT LIABILITIES

1,752,200

1,875,726

CREDITORS

Amounts falling due after more than one year

7

(339,159

)

(607,240

)

PROVISIONS FOR LIABILITIES

(289,333

)

(227,031

)

NET ASSETS

1,123,708

1,041,455

CAPITAL AND RESERVES

Called up share capital

40,000

40,000

Retained earnings

1,083,708

1,001,455

1,123,708

1,041,455

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 22 October 2025 and were signed on its behalf by:

M T Reid - Director

Mrs C L Reid - Director

1.	STATUTORY INFORMATION

Illston & Robson 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.

Improvements to property

-

10% on cost

Plant and machinery

-

at variable rates on reducing balance

Fixtures and fittings

-

at varying rates on cost

Motor vehicles

-

50% on 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.

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 31 (2024 - 40 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 June 2024

43,512

3,100,142

112,033

12,844

3,268,531

Additions

2,789

16,188

13,679

-

32,656

At 31 May 2025

46,301

3,116,330

125,712

12,844

3,301,187

DEPRECIATION

At 1 June 2024

36,787

1,616,784

60,065

12,449

1,726,085

Charge for year

897

206,976

24,930

249

233,052

At 31 May 2025

37,684

1,823,760

84,995

12,698

1,959,137

NET BOOK VALUE

At 31 May 2025

8,617

1,292,570

40,717

146

1,342,050

At 31 May 2024

6,725

1,483,358

51,968

395

1,542,446

Included within tangible fixed assets are assets that are secured by hire purchase liabilities. The net book value of these items is £499,039 (2024 - £676,588).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

534,395

466,380

Prepayments

43,184

41,951

577,579

508,331

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,649

720

Hire purchase contracts

268,081

240,717

Trade creditors

408,901

226,730

Social security and other taxes

35,566

56,978

Other creditors

6,792

14,983

Accruals and deferred income

(1

)

-

Accrued expenses

45,064

37,746

766,052

577,874

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

339,159

607,240

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

607,240

847,957

Hire purchase liabilities are secured against the assets to which they relate.