Richard Threlfall Group Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05352510 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 March 2025

for

Richard Threlfall Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D Crompton

Mr S J Dunbar

Mrs J Caldwell

Mr M Hurst

Mr S Speak

SECRETARY:

Mr S J Dunbar

REGISTERED OFFICE:

Lynstock Way

Lostock

Bolton

Lancashire

BL6 4QR

REGISTERED NUMBER:

05352510 (England and Wales)

ACCOUNTANTS:

Fact3

3 Hardman Square

Spinningfields

Manchester

M3 3EB

FIXED ASSETS

Tangible assets

4

1,159,719

1,177,282

Investments

5

1,066,139

Investment property

6

1,240,980

3,466,838

3,484,401

CURRENT ASSETS

Debtors

7

287,134

313,494

CREDITORS

Amounts falling due within one year

8

1,082,008

1,084,175

NET CURRENT LIABILITIES

(794,874

)

(770,681

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,671,964

2,713,720

PROVISIONS FOR LIABILITIES

10

303,958

360,251

NET ASSETS

2,368,006

2,353,469

CAPITAL AND RESERVES

Called up share capital

1,076,296

Revaluation reserve

11

570,037

Retained earnings

11

721,673

707,136

SHAREHOLDERS' FUNDS

2,368,006

2,353,469

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 2 December 2025 and were signed on its behalf by:

Mr S J Dunbar - Director

1.	STATUTORY INFORMATION

Richard Threlfall Group 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

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Land and buildings - 2% Straight line

Other fixed assets - 10-33% Straight line

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs

The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.

Investments

Investments held as fixed assets are shown at cost less provision for impairment.

Turnover

The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.

Pensions

The company operates a defined contribution pension scheme. Contributions payable for the year are charged in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2024

1,380,793

62,288

1,443,081

Additions

-

11,034

At 31 March 2025

1,380,793

73,322

1,454,115

DEPRECIATION

At 1 April 2024

210,465

55,334

265,799

Charge for year

27,616

981

28,597

At 31 March 2025

238,081

56,315

294,396

NET BOOK VALUE

At 31 March 2025

1,142,712

17,007

1,159,719

At 31 March 2024

1,170,328

6,954

1,177,282

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

1,066,139

NET BOOK VALUE

At 31 March 2025

1,066,139

At 31 March 2024

1,066,139

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,240,980

NET BOOK VALUE

At 31 March 2025

1,240,980

At 31 March 2024

1,240,980

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

72,159

96,077

Amounts owed by group undertakings

120,905

-

Other debtors

94,070

217,417

287,134

313,494

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

877,800

781,632

Trade creditors

58,393

186,701

Amounts owed to group undertakings

116,847

94,650

Taxation and social security

25,391

572

Other creditors

3,577

20,620

1,082,008

1,084,175

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank overdrafts

877,800

781,632

The loan notes and bank overdraft are secured by mortgage debentures and first legal charges over the properties of the company.

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

Accelerated capital allowances

2,783

(446

)

Other timing differences

301,175

360,697

303,958

360,251

Deferred

tax

£

Balance at 1 April 2024

360,251

Credit to Income Statement during year

(56,293

)

Property Revaluation (DTL)

Balance at 31 March 2025

303,958

11.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1 April 2024

707,136

570,037

1,277,173

Profit for the year

314,537

Dividends

(300,000

)

(300,000

)

At 31 March 2025

721,673

570,037

1,291,710

12.	CONTINGENT LIABILITIES

The company is party to a composite guarantee, dated 12 July 2005, covering all banking liabilities of group companies of the Richard Threlfall Group Limited. As at 31 March 2025, the total banking liabilities of the group companies amounted to £nil (2024: £nil).

13.	RELATED PARTY DISCLOSURES

During the period the company has received management charges and rental income of £76,000 and £32,500 respectively from a subsidiary, Orseal Limited (2024: £76,000 and £24,888). The balance due from Orseal Limited as at 31 March 2025 was £120,905 (2024 due to: £3,988).

During the period the company has received management charges and rental income of £44,000 and £89,250 respectively from a subsidiary, Silteq Limited (2024: £44,000 and £58,080). The balance due to Silteq Limited as at 31 March 2025 was £116,847 (2024 due to: £90,662).

During the period the company was charged £78,100 (2024: £76,432) by Summ.IT Assist LLP T/A Fact3 for the provision of accounting and IT services and the supply of IT equipment. An LLP of which Mr S Dunbar, a Director, is a member.

At 31 March 2025, the balance due from D Crompton was £394 (2024 due to: £4,111).

During the year the company paid dividends on preference shares held by the following:

2025

2024

£

R N Hurst Trust

8,737

D & R Speak Trust

6,532

J Caldwell

4,073

R Speak

2,930

Summ.IT Assist LLP

2,380

S Caldwell

1,125

J Hurst

880

All transactions were carried out on an arm's length basis.