REGISTERED NUMBER: 07368807 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 OCTOBER 2024 TO 1 MAY 2025

FOR

REIGATE ENVIRONMENTAL SERVICES LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Property, plant and equipment

4

142,748

159,343

CURRENT ASSETS

Inventories

43,584

47,722

Debtors

5

1,926,943

1,983,192

Cash at bank and in hand

535,810

467,069

2,506,337

2,497,983

CREDITORS

Amounts falling due within one year

6

1,642,102

1,889,060

NET CURRENT ASSETS

864,235

608,923

TOTAL ASSETS LESS CURRENT LIABILITIES

1,006,983

768,266

CREDITORS

Amounts falling due after more than one year

7

(25,409

)

(75,635

)

PROVISIONS FOR LIABILITIES

10

(35,687

)

(39,836

)

NET ASSETS

945,887

652,795

CAPITAL AND RESERVES

Called up share capital

11

11

11

Retained earnings

945,876

652,784

SHAREHOLDERS' FUNDS

945,887

652,795

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 1 May 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 1 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 27 November 2025 and were signed on its behalf by:

Mr G W Hadland - Director

1.	STATUTORY INFORMATION

Reigate Environmental Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07368807

Registered office:

42 Ormside Way

Holmethorpe Industrial Estate,

Redhill

Surrey

RH1 2LW

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.

Change in comparatives

The accounts have been prepared for a period of 7 months and 1 day whereas the comparatives are for a period of 12 months.

Significant judgements and estimates

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

There are no significant judgements or estimates involved in the preparation of the financial statements.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and costs incurred or to be incurred in respect of the transaction can be measured reliably.

Property, plant and equipment

Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.

The carrying value of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery - 25% on reducing balance.

Fixtures and fittings - 25% on reducing balance.

Motor vehicles - 25% on cost

Inventories

Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of inventory sold is recognised as an expense in the period in which the related revenue is recognised.

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

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.

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.

Cash and cash equivalent

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 45 (2024 - 45 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 October 2024

317,093

16,506

223,071

556,670

Additions

-

2,029

11,527

13,556

At 1 May 2025

317,093

18,535

234,598

570,226

DEPRECIATION

At 1 October 2024

231,841

13,267

152,219

397,327

Charge for period

12,504

507

17,140

30,151

At 1 May 2025

244,345

13,774

169,359

427,478

NET BOOK VALUE

At 1 May 2025

72,748

4,761

65,239

142,748

At 30 September 2024

85,252

3,239

70,852

159,343

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

Plant and

machinery

etc

£

COST

At 1 October 2024

68,240

Additions

11,527

At 1 May 2025

79,767

DEPRECIATION

At 1 October 2024

17,061

Charge for period

11,633

At 1 May 2025

28,694

NET BOOK VALUE

At 1 May 2025

51,073

At 30 September 2024

51,179

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,492,679

1,556,913

Amounts owed by group undertakings

111,572

-

Other debtors

322,692

426,279

1,926,943

1,983,192

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

50,000

Hire purchase contracts (see note 8)

17,116

13,650

Trade creditors

580,368

738,997

Amounts owed to group undertakings

-

675,047

Taxation and social security

405,344

317,013

Other creditors

639,274

94,353

1,642,102

1,889,060

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

41,731

Hire purchase contracts (see note 8)

25,409

33,904

25,409

75,635

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

£

Net obligations repayable:

Within one year

17,116

13,650

Between one and five years

25,409

33,904

42,525

47,554

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

-

91,731

Bank loan is secured by way of fixed and floating charge on the property and other assets of the company and contains a negative pledge.

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

39,836

51,828

Other timing differences

(4,149

)

(11,992

)

35,687

39,836

Deferred

tax

£

Balance at 1 October 2024

39,836

Credit to Income Statement during period

(4,149

)

Balance at 1 May 2025

35,687

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

10

B Ordinary

£1

10

10

11

11

12.	OTHER FINANCIAL COMMITMENTS

The company has annual commitment of £34,500 under non-cancellable operating leases.

13.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included in the other creditors less than one year is an amount of £Nil (2024: £675,047) due to the connected companies with common control.The loan remains interest free and recoverable on demand.