RA Atkinson Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03393466 (England and Wales)

RA Atkinson Limited

Unaudited Financial Statements

For The Year Ended 5 April 2025

Page

Company Information

1

Chartered Accountants' Report

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

R A Atkinson

Mrs J M Atkinson

J R Atkinson

Dr J L Atkinson

Mrs K A Smith

REGISTERED OFFICE:

15 Prospect Street

Bridlington

East Yorkshire

YO15 2AE

REGISTERED NUMBER:

03393466 (England and Wales)

ACCOUNTANTS:

Charles A. Wood & Co.

Chartered Accountants

15 Prospect Street

Bridlington

East Yorkshire

YO15 2AE

BANKERS:

HSBC Bank Plc

7 Westgate

Bridlington

East Yorkshire

YO16 4QD

SOLICITORS:

Stamp Jackson and Proctor Limited

5 Parliament Street

Hull

HU1 2AZ

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of RA Atkinson Limited for the year ended 5 April 2025 which comprise the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of RA Atkinson Limited, as a body, in accordance with the terms of our engagement letter dated 3 December 2018. Our work has been undertaken solely to prepare for your approval the financial statements of RA Atkinson Limited and state those matters that we have agreed to state to the Board of Directors of RA Atkinson Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RA Atkinson Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that RA Atkinson Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of RA Atkinson Limited. You consider that RA Atkinson Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of RA Atkinson Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Charles A. Wood & Co.

Chartered Accountants

15 Prospect Street

Bridlington

East Yorkshire

YO15 2AE

12 December 2025

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

1,993,305

2,025,527

1,993,305

2,025,527

CURRENT ASSETS

Stocks

162,044

153,504

Debtors

6

33,465

66,836

Cash at bank and in hand

48,748

97,143

244,257

317,483

CREDITORS

Amounts falling due within one year

76,001

56,326

NET CURRENT ASSETS

168,256

261,157

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,161,561

2,286,684

CREDITORS

Amounts falling due after more than one
year

7

(277,529

)

(288,438

)

PROVISIONS FOR LIABILITIES

(73,888

)

(100,819

)

NET ASSETS

1,810,144

1,897,427

CAPITAL AND RESERVES

Called up share capital

700,000

Retained earnings

1,110,144

1,197,427

SHAREHOLDERS' FUNDS

1,810,144

1,897,427

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 5 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 12 December 2025 and were signed on its behalf by:

J R Atkinson - Director

1.	STATUTORY INFORMATION

RA Atkinson 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Basic payment scheme entitlement is being amortised evenly over its estimated useful life of five years.

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 and Straight line over 15 years

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 6 April 2024

and 5 April 2025

35,348

AMORTISATION

At 6 April 2024

and 5 April 2025

35,348

NET BOOK VALUE

At 5 April 2025

-

At 5 April 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 6 April 2024

2,179,598

Additions

1,499

Disposals

(865

)

At 5 April 2025

2,180,232

DEPRECIATION

At 6 April 2024

154,071

Charge for year

33,361

Eliminated on disposal

(505

)

At 5 April 2025

186,927

NET BOOK VALUE

At 5 April 2025

1,993,305

At 5 April 2024

2,025,527

Included in cost of land and buildings is freehold land of £ 1,621,790 (2024 - £ 1,621,790 ) which is not depreciated.

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Other debtors

3,375

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS

2025

2024

£

Repayable by instalments

Bank loans repayable after more than five
years

77,570

91,917

8.

LOANS

Details of shares shown as liabilities are as follows:

Allotted, issued and
fully paid

Class

Nominal value

2025

2024

Number

£

1,500

Redeemable Preference

£100

150,000

Each Redeemable Preference share has an equal right as regards votes. Each Redeemable Preference share has the right to receive a dividend in priority to the Ordinary shares. Each Redeemable share has the right to participate in the Capital (including on a winding up) up to a maximum of the amount paid up on the share in priority to the Ordinary shares and to participate in any surplus (if any) after payment of the amount paid up on the Ordinary shares.

The Redeemable Preference Shares may be redeemed at par at any time by the company, subject to the company giving at least three months notice to the shareholder.

The Redeemable Preference shareholders may request the redemption of up to 500 Redeemable Preference Shares in any year.

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

137,700

151,439

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 5 April 2025 and 5 April 2024:

2025

2024

£

Dr J L Atkinson

Balance outstanding at start of year

-

18

Amounts repaid

-

(18

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Mrs K A Smith

Balance outstanding at start of year

10,000

18

Amounts advanced

-

10,000

Amounts repaid

-

(18

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

10,000

11.	RELATED PARTY DISCLOSURES

The following balances were due to/(from) the Directors:

2025

2024

£

R A Atkinson

20,236

23,452

J R Atkinson

663

127

Dr J L Atkinson

536

Mrs K A Smith

(10,000

)

(10,000

)

Interest was paid to the Directors as follows:

2025

2024

£

R A Atkinson

615

898