REGISTERED NUMBER: 03269214 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

R & C Components Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Budding

P Budding

SECRETARY:

C A Budding

REGISTERED OFFICE:

R & C Components Ltd

455-457 Hedon Road

Hull

North Humberside

HU9 1SQ

REGISTERED NUMBER:

03269214 (England and Wales)

ACCOUNTANTS:

Andrew Cooper & Company

Chartered Accountants

650 Anlaby Road

Kingston upon Hull

East Yorkshire

HU3 6UU

FIXED ASSETS

Tangible assets

4

989,863

705,662

CURRENT ASSETS

Stocks

214,222

173,922

Debtors

5

256,254

280,146

Cash at bank and in hand

354,197

189,375

824,673

643,443

CREDITORS

Amounts falling due within one year

6

487,237

357,230

NET CURRENT ASSETS

337,436

286,213

TOTAL ASSETS LESS CURRENT LIABILITIES

1,327,299

991,875

CREDITORS

Amounts falling due after more than one year

7

521,573

169,495

NET ASSETS

805,726

822,380

CAPITAL AND RESERVES

Called up share capital

205

205

Retained earnings

805,521

822,175

SHAREHOLDERS' FUNDS

805,726

822,380

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 December 2025 and were signed on its behalf by:

J Budding - Director

P Budding - Director

1.	STATUTORY INFORMATION

R & C Components 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

700,090

12,268

73,823

786,181

Additions

-

313,287

-

313,287

At 31 March 2025

700,090

325,555

73,823

1,099,468

DEPRECIATION

At 1 April 2024

31,864

6,865

41,790

80,519

Charge for year

14,002

7,076

8,008

29,086

At 31 March 2025

45,866

13,941

49,798

109,605

NET BOOK VALUE

At 31 March 2025

654,224

311,614

24,025

989,863

At 31 March 2024

668,226

5,403

32,033

705,662

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

170,555

259,080

Other debtors

85,699

21,066

256,254

280,146

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

8,270

9,000

Trade creditors

249,711

142,667

Amounts owed to group undertakings

875

49,189

Taxation and social security

691

60,057

Other creditors

227,690

96,317

487,237

357,230

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

521,573

169,495

8.	ULTIMATE CONTROLLING PARTY

The controlling party is J & P Budding.