REGISTERED NUMBER: 06481570 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Roberts Dyers & Finishers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A D Seal

D R Watts

SECRETARY:

D R Watts

REGISTERED OFFICE:

Royd Works, Royd Lane

Keighley

West Yorkshire

BD20 6BN

REGISTERED NUMBER:

06481570 (England and Wales)

SENIOR STATUTORY AUDITOR:

Matthew Barton BA (Hons) FCA CTA

AUDITORS:

S&W Audit

Statutory Auditor

Chartered Accountants

3rd Floor

56 Wellington Street

Leeds

West Yorkshire

LS1 2EE

BANKERS:

HSBC

PO Box 45

47 Market Street

Bradford

BD1 1LW

FIXED ASSETS

Tangible assets

5

1,504,082

1,523,000

CURRENT ASSETS

Stocks

90,634

100,245

Debtors

6

404,871

396,910

Cash at bank and in hand

576

1,364

496,081

498,519

CREDITORS

Amounts falling due within one year

7

402,349

427,302

NET CURRENT ASSETS

93,732

71,217

TOTAL ASSETS LESS CURRENT LIABILITIES

1,597,814

1,594,217

CREDITORS

Amounts falling due after more than one year

8

(368,360

)

(178,517

)

PROVISIONS FOR LIABILITIES

11

(119,853

)

(159,970

)

NET ASSETS

1,109,601

1,255,730

CAPITAL AND RESERVES

Called up share capital

12

10

10

Revaluation reserve

13

222,771

229,824

Retained earnings

886,820

1,025,896

SHAREHOLDERS' FUNDS

1,109,601

1,255,730

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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2025 and were signed on its behalf by:

D R Watts - Director

1.	STATUTORY INFORMATION

Roberts Dyers & Finishers 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Going concern

The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. Based on these assessments, given the measures that could be undertaken to mitigate the current uncertain wider economic conditions, and the current resources available, the Directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and account. These measures include confirmation of the ongoing support of the shareholders which has been confirmed in writing and includes the provision of additional funds if and when needed. The Directors are satisfied that there is no material uncertainty in relation to going concern, based primarily on this support from the shareholders.

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 - 2% straight line

Plant and machinery - 5% straight line

Fixtures and fittings - 10% straight line

Motor vehicles - 20% straight line

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling priceless costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.

Work in progress is valued on the basis of the stage of completion of pieces in progress at the year end. A provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

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.

Foreign currencies

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange

rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the

translation at period-end exchange rates of monetary assets and liabilities denominated in foreign

currencies are recognised in the statement of comprehensive income except when deferred in

other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are

presented in the statement of comprehensive income within 'finance income or costs'. All other

foreign exchange gains and losses are presented in the statement of comprehensive income within

'other operating income'.

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.

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.

Borrowing costs

All borrowing costs are recognised in the statement of comprehensive income in the year in which they are incurred

Debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without

penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that

mature in no more than three months from the date of acquisition and that are readily convertible to

known amounts of cash with insignificant risk of change in value.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank

loans, are measured initially at fair value, net of transaction costs, and are measured subsequently

at amortised cost using the effective interest method.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition

of financial assets and liabilities like trade and other debtors and creditors, loans from banks and

other third parties, loans to related parties and investments in non-puttable ordinary shares.

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or

constructive obligation that probably requires settlement by a transfer of economic benefit, and a

reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the statement of comprehensive income in the year that

the Company becomes aware of the obligation, and are measured at the best estimate at the

balance sheet date of the expenditure required to settle the obligation, taking into account relevant

risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance

sheet.

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to

expenditure on tangible fixed assets are credited to the statement of comprehensive income at the

same rate as the depreciation on the assets to which the grant relates. The deferred element of

grants is included in creditors as deferred income.

Grants of a revenue nature are recognised in the statement of comprehensive income in the same

period as the related expenditure.

Employee benefits

Short term employee benefits, including holiday pay and other similar non-monetary benefits, are

recognised as an expense in the period in which they are incurred.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2023 - 39 ) .

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2024

81,158

2,207,420

30,613

40,595

2,359,786

Additions

-

76,212

2,890

-

79,102

At 31 December 2024

81,158

2,283,632

33,503

40,595

2,438,888

DEPRECIATION

At 1 January 2024

12,440

777,842

21,358

25,146

836,786

Charge for year

1,623

87,875

1,901

6,621

98,020

At 31 December 2024

14,063

865,717

23,259

31,767

934,806

NET BOOK VALUE

At 31 December 2024

67,095

1,417,915

10,244

8,828

1,504,082

At 31 December 2023

68,718

1,429,578

9,255

15,449

1,523,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

284,245

263,760

Other debtors

120,626

133,150

404,871

396,910

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

111,158

74,309

Hire purchase contracts (see note 9)

3,773

3,773

Trade creditors

120,927

174,069

Taxation and social security

44,175

42,842

Other creditors

122,316

132,309

402,349

427,302

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts (see note 9)

12,668

16,441

Other creditors

355,692

162,076

368,360

178,517

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024

2023

£

£

Net obligations repayable:

Within one year

3,773

3,773

Between one and five years

12,668

16,441

16,441

20,214

10.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Hire purchase contracts

16,441

20,214

11.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

119,853

159,970

Deferred

tax

£

Balance at 1 January 2024

159,970

Charge to other comprehensive

(1,654

)

income

Charge to profit and loss

(38,463

)

Balance at 31 December 2024

119,853

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

10

Ordinary

1

10

10

13.

RESERVES

Revaluation

reserve

£

At 1 January 2024

229,824

Movement on deferred tax at

revaluation

1,654

Transfer from reserves

(8,707

)

At 31 December 2024

222,771

14.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Matthew Barton BA (Hons) FCA CTA (Senior Statutory Auditor)

for and on behalf of S&W Audit

The audit report was signed on 8 December 2025.

15.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The pension cost charge represents contributions payable by the company to the fund and amounted to £15,221 (2023: £17,201). Contributions totalling £3,635 (2023: £4,166) were payable to the fund at the year end and are included in creditors.

16.	RELATED PARTY DISCLOSURES

No transactions with related parties were undertaken such as are required to be disclosed under Section 1A of FRS 102.