REGISTERED NUMBER: 08404695 (England and Wales)

R L PLANT & AGRI LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D R Lewis

REGISTERED OFFICE:

Broyan House

Priory Street

Cardigan

Ceredigion

SA43 1BZ

REGISTERED NUMBER:

08404695 (England and Wales)

ACCOUNTANTS:

D M B Davies Limited

Broyan House

Priory Street

Cardigan

Ceredigion

SA43 1BZ

FIXED ASSETS

Tangible assets

4

195,798

124,307

CURRENT ASSETS

Stocks

7,936

-

Debtors

5

-

4,214

Prepayments and accrued income

3,703

3,124

Cash at bank

5,038

19,989

16,677

27,327

CREDITORS

Amounts falling due within one year

6

161,561

111,078

NET CURRENT LIABILITIES

(144,884

)

(83,751

)

TOTAL ASSETS LESS CURRENT LIABILITIES

50,914

40,556

PROVISIONS FOR LIABILITIES

37,040

23,618

NET ASSETS

13,874

16,938

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

13,872

16,936

SHAREHOLDERS' FUNDS

13,874

16,938

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 director acknowledges his 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 director and authorised for issue on 17 December 2025 and were signed by:

Mr D R Lewis - Director

1.	STATUTORY INFORMATION

R L Plant & Agri 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.

Plant and machinery etc

-

15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

224,866

36,971

1,570

263,407

Additions

108,865

-

-

108,865

At 31 March 2025

333,731

36,971

1,570

372,272

DEPRECIATION

At 1 April 2024

124,545

13,410

1,145

139,100

Charge for year

31,378

5,890

106

37,374

At 31 March 2025

155,923

19,300

1,251

176,474

NET BOOK VALUE

At 31 March 2025

177,808

17,671

319

195,798

At 31 March 2024

100,321

23,561

425

124,307

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

4,214

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

29,617

34,921

Hire purchase contracts

99,670

50,993

Taxation and social security

1,440

2,911

Other creditors

30,834

22,253

161,561

111,078