RJ BEER CONTRACTING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R J Beer

SECRETARY:

REGISTERED OFFICE:

Mill Barn

Rake Farm

Loddiswell

Kingsbridge

Devon

TQ7 4DA

REGISTERED NUMBER:

08054328 (England and Wales)

ACCOUNTANTS:

Barretts

Chartered Accountants &

Chartered Tax Advisers

22 Union Street

Newton Abbot

Devon

TQ12 2JS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

819,988

831,173

819,988

831,173

CURRENT ASSETS

Stocks

77,151

81,115

Debtors

6

258,027

321,979

335,178

403,094

CREDITORS

Amounts falling due within one year

7

500,306

540,188

NET CURRENT LIABILITIES

(165,128

)

(137,094

)

TOTAL ASSETS LESS CURRENT LIABILITIES

654,860

694,079

CREDITORS

Amounts falling due after more than one year

8

(271,879

)

(259,791

)

PROVISIONS FOR LIABILITIES

(193,785

)

(196,482

)

NET ASSETS

189,196

237,806

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

10

189,195

237,805

SHAREHOLDERS' FUNDS

189,196

237,806

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 30 December 2025 and were signed by:

R J Beer - Director

1.	STATUTORY INFORMATION

RJ Beer Contracting 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

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

-

25% on reducing balance

Motor vehicles

-

25% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

72,355

AMORTISATION

At 1 April 2024

and 31 March 2025

72,355

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

38,500

1,709,346

15,973

1,763,819

Additions

-

235,905

-

235,905

Disposals

-

(103,019

)

-

(103,019

)

At 31 March 2025

38,500

1,842,232

15,973

1,896,705

DEPRECIATION

At 1 April 2024

-

920,151

12,495

932,646

Charge for year

-

180,990

869

181,859

Eliminated on disposal

-

(37,788

)

-

(37,788

)

At 31 March 2025

-

1,063,353

13,364

1,076,717

NET BOOK VALUE

At 31 March 2025

38,500

778,879

2,609

819,988

At 31 March 2024

38,500

789,195

3,478

831,173

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

229,719

267,058

Directors' current accounts

28,308

54,921

258,027

321,979

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

122,620

110,533

Hire purchase contracts

138,659

173,732

Trade creditors

137,279

100,989

Tax

13,462

47,854

Social security and other taxes

1,622

601

VAT

37,514

24,475

Other creditors

43,900

78,254

Accrued expenses

5,250

3,750

500,306

540,188

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

56,395

69,397

Hire purchase contracts

215,484

190,394

271,879

259,791

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

1

1

1

10.

RESERVES

Retained

earnings

£

At 1 April 2024

237,805

Deficit for the year

(6,110

)

Dividends

(42,500

)

At 31 March 2025

189,195

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

R J Beer

Balance outstanding at start of year

54,921

-

Amounts advanced

28,308

54,921

Amounts repaid

(54,921

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

28,308

54,921

12.	GOING CONCERN

These accounts have been prepared on the going concern basis, assuming that the bank overdraft facility and assets financing continues. At the date of this report that support is continuing.