Rob and Nick Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08689794 (England and Wales)

Rob and Nick Limited

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Mr R R H Carter

Mrs N S Carter

Registered office:

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Registered number:

08689794 (England and Wales)

Accountants:

Wilson Stevens

Accountants

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Fixed assets

Intangible assets

4

211,739

241,980

Tangible assets

5

26,578

40,113

238,317

282,093

Current assets

Stocks

268,250

284,376

Debtors

6

78,246

59,715

Cash at bank

248,242

54,416

594,738

398,507

Creditors

Amounts falling due within one year

7

751,340

553,677

Net current liabilities

(156,602

)

(155,170

)

Total assets less current liabilities

81,715

126,923

Creditors

Amounts falling due after more than one
year

8

(4,998

)

(14,998

)

Provisions for liabilities

(5,517

)

-

Net assets

71,200

111,925

Capital and reserves

Called up share capital

100

Retained earnings

71,100

111,825

71,200

111,925

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17th December 2025 and were signed on its behalf by:

Mr R R H Carter - Director

1.	Statutory information

Rob and Nick 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.

Deferred development expenditure

Development expenditure incurred on clearly defined projects, whose outcome can be assessed with reasonable certainty, is capitalised as an intangible asset. Deferred development costs are amortised over the accounting periods expected to benefit from that expenditure

Tangible fixed assets

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

Short leasehold

-

Over the life of the lease

Plant and machinery

-

4 years straight line

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 Statement of Income and Retained Earnings, 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 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 5 (2024 - 4 ) .

4.	Intangible fixed assets

Deferred

development

costs

£

Cost

At 1st April 2024

and 31st March 2025

302,462

Amortisation

At 1st April 2024

60,482

Amortisation for year

30,241

At 31st March 2025

90,723

Net book value

At 31st March 2025

211,739

At 31st March 2024

241,980

5.	Tangible fixed assets

Short

Plant and

leasehold

machinery

Totals

£

Cost

At 1st April 2024

19,323

116,753

136,076

Additions

-

2,689

Disposals

-

(24,572

)

(24,572

)

At 31st March 2025

19,323

94,870

114,193

Depreciation

At 1st April 2024

12,882

83,081

95,963

Charge for year

1,932

7,363

9,295

Eliminated on disposal

-

(17,643

)

(17,643

)

At 31st March 2025

14,814

72,801

87,615

Net book value

At 31st March 2025

4,509

22,069

26,578

At 31st March 2024

6,441

33,672

40,113

6.

Debtors: amounts falling due within one year

2025

2024

£

Trade debtors

42,809

24,000

Other debtors

35,437

35,715

78,246

59,715

7.

Creditors: amounts falling due within one year

2025

2024

£

Bank loans and overdrafts

10,000

Trade creditors

7,420

2,685

Taxation and social security

58,111

541

Other creditors

675,809

540,451

751,340

553,677

8.

Creditors: amounts falling due after more than one year

2025

2024

£

Bank loans

4,998

14,998

9.	Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

Within one year

32,000

Between one and five years

42,667

74,667

106,667