Raymond Finance Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 764798

Raymond Finance Limited

Filleted Unaudited Financial Statements

For the Year Ended

31 March 2025

Raymond Finance Limited

Independent Chartered Accountants Review Report to the Directors of Raymond Finance Limited

Year Ended 31st March 2025

We have reviewed the financial statements of Raymond Finance Limited for the year ended 31 March 2025 which comprise the statement of financial position and the related notes 1 to 10. The financial reporting framework that has been applied in their preparation is applicable law and the United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

This report is made solely to the company's directors, as a body, in accordance with the terms of our engagement letter dated 28th October 2024. Our review has been undertaken so that we may state to the company's directors, as a body, those matters we have agreed with them in our engagement letter and for no other purpose. To the fullest extent permitted by law, we do not accept or assume any responsibility to anyone other than the company and the company's directors, as a body, for our work, for this report or the conclusions we have formed.

Directors Responsibility for the Financial Statements

As explained more fully in the directors responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.

Accountants Responsibility

Our responsibility is to express a conclusion based on our review of the financial statements. We conducted our review in accordance with International Standard on Review Engagements (ISRE) 2400 (Revised), Engagements to Review Historical Financial Statements, and ICAEW Technical Release TECH 09/13AAF. ISRE 2400 also requires us to comply with the ICAEW Code of Ethics.

Scope of Assurance Review

A review of financial statements in accordance with ISRE 2400 (Revised) is a limited assurance engagement. We have performed additional procedures to those required under a compilation engagement. These primarily consist of making enquiries of management and others within the entity, as appropriate, applying analytical procedures and evaluating the evidence obtained. The procedures performed in a review are substantially less than those performed in an audit conducted in accordance with International Standards on Auditing (UK and Ireland). Accordingly, we do not express an audit opinion on these financial statements.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe the financial statements have not been prepared:

- so as to give a true and fair view of the state of the company's affairs as at 31 March 2025 , and of its profit for the year then ended;

- in accordance with the United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice); and

- in accordance with the Companies Act 2006.

PEYTON TYLER MEARS Chartered accountants

Middleborough House 16 Middleborough Colchester Essex CO1 1QT

23 December 2025

Raymond Finance Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Current Assets

Debtors	5	1,269,628	1,057,985
Cash at bank and in hand		7,581	6,186
		-------------	-------------
		1,277,209	1,064,171

Creditors: amounts falling due within one year	6	14,672		10,217
		-------------		-------------
Net Current Assets			1,262,537	1,053,954
			-------------	-------------
Total Assets Less Current Liabilities			1,262,537	1,053,954

Creditors: amounts falling due after more than one year	7	908,950	713,926
		-------------	-------------
Net Assets		353,587	340,028
		-------------	-------------

Capital and Reserves

Called up share capital	8	4	4
Profit and loss account		353,583	340,024
		----------	----------
Shareholders Funds		353,587	340,028
		----------	----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31st March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Raymond Finance Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 23 December 2025 , and are signed on behalf of the board by:

R W Raymond	R C Raymond
Director	Director

Company registration number: 764798

Raymond Finance Limited

Notes to the Financial Statements

Year Ended 31st March 2025

1. General Information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 The Cedars, Apex 12, Old Ipswich Road, Colchester, Essex, CO7 7QR.

2. Statement of Compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting Policies

Basis of Preparation

The financial statements have been prepared on the historical cost basis.

Judgements and Key Sources of Estimation Uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The recoverability of the loan balances are considered to be a significant accounting estimate.

Revenue Recognition

Turnover represents the total fees and interest charged for finance services provided during the year.

Income Tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Financial Instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Employee Numbers

The average number of persons employed by the company during the year amounted to Nil (2024: 2 ).

All employees are paid through the parent company. During the year there were 2 (2020: 2) directors working for the company.

5. Debtors

	2025	2024
	£	£
Trade debtors	1,269,628	1,057,985
	-------------	-------------

The debtors above include the following amounts falling due after more than one year:

	2025	2024
	£	£
Trade debtors	1,261,495	1,048,609
	-------------	-------------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	1,512
Amounts owed to group undertakings	8,400	4,200
Corporation tax	3,188	2,933
Other creditors	3,084	1,572
	---------	---------
	14,672	10,217
	---------	---------

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Amounts owed to group undertakings	908,950	713,926
	----------	----------

8. Called Up Share Capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	4	4	4	4
	----	----	----	----

9. Related Party Transactions

Loans to the directors remained unchanged. The loans are provided at a below commercial interest rate of 2.25%. At the year end the directors owed the company £754,634. The company received net interest free loans from its parent company of £220,524 and repaid £25,500. At the year end the company owed the parent company £917,350 including management charges of £8,400. Significant debtors from related family members total £504,819.

10. Controlling Party

The ultimate parent company is NEEB Holdings Ltd, a company incorporated in England. The registered address of the parent company is: 3 The Cedars, Apex 12 Old Ipswich Road Ardleigh Colchester CO7 7QR