R C Claringbould & Sons Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05395426 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

R C CLARINGBOULD & SONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Claringbould

J M Claringbould

Mrs L J Claringbould

J G Claringbould

SECRETARY:

Mrs L J Claringbould

REGISTERED OFFICE:

7 Millfield

St Margarets At Cliffe

DOVER

Kent

CT15 6JL

REGISTERED NUMBER:

05395426 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

Charlton House

Dour Street

DOVER

Kent

CT16 1BL

FIXED ASSETS

Tangible assets

4

184,830

196,038

CURRENT ASSETS

Stocks

831,327

826,327

Debtors

5

242,229

257,677

Cash at bank

411,925

283,214

1,485,481

1,367,218

CREDITORS

Amounts falling due within one year

6

284,760

234,149

NET CURRENT ASSETS

1,200,721

1,133,069

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,385,551

1,329,107

PROVISIONS FOR LIABILITIES

7

46,208

49,010

NET ASSETS

1,339,343

1,280,097

CAPITAL AND RESERVES

Called up share capital

8

2

Capital redemption reserve

1

Retained earnings

1,339,340

1,280,094

SHAREHOLDERS' FUNDS

1,339,343

1,280,097

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 30 December 2025 and were signed on its behalf by:

N Claringbould - Director

1.	STATUTORY INFORMATION

R C Claringbould & Sons 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

The preparation of the financial statements requires the directors to make estimates and assumptions that affect the amounts reported in the financial statements. The directors believe that the critical accounting policies where judgement or estimates are necessarily applied are summarised below.

Amounts receivable under contracts

In calculating amounts receivable under contracts, the directors have reviewed the costs and completion stages of contracts at the year end in order to arrive at a figure at sales value. The directors have reviewed these calculations and concluded that they are appropriate.

Turnover

Turnover represents net invoiced sales of services and goods, excluding value added tax, adjusted for amounts receivable under contracts.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

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 7 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1 April 2024

383,355

165,680

549,035

Additions

28,000

-

28,000

At 31 March 2025

411,355

165,680

577,035

DEPRECIATION

At 1 April 2024

243,300

109,697

352,997

Charge for year

25,212

13,996

39,208

At 31 March 2025

268,512

123,693

392,205

NET BOOK VALUE

At 31 March 2025

142,843

41,987

184,830

At 31 March 2024

140,055

55,983

196,038

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

122,229

113,807

Amounts receivable under

contracts

120,000

Other debtors

-

23,870

242,229

257,677

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

69,942

44,468

Corporation tax

26,493

25,038

Social security and other taxes

10,045

4,257

Other creditors

3,112

5,218

Directors' current accounts

175,168

155,168

284,760

234,149

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

46,208

49,010

Deferred

tax

£

Balance at 1 April 2024

49,010

Accelerated capital allowances

(2,802

)

Balance at 31 March 2025

46,208

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

15

Ordinary A

10p

2

9.	RELATED PARTY DISCLOSURES

During the year the directors loaned the company £20,000 (2024 - £140,680). At the year end the company owed the directors £175,168 (2024 - £155,168), no interest was charged on these loans.