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REGISTERED NUMBER: 04136318 (England and Wales)

| R L T (DESIGN) LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 JANUARY 2025 |

R L T (DESIGN) LIMITED (REGISTERED NUMBER: 04136318)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

| Page |

Company Information | 1 |

Abridged Balance Sheet | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 6

R L T (DESIGN) LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JANUARY 2025

| DIRECTORS: | Mrs B D Tagg

| Mr A M Tagg

| Mr D R Tagg

| SECRETARY: | Mrs B D Tagg

| REGISTERED OFFICE: | Grange Cottage

| 57 The Village

| Strensall

| York

| North Yorkshire

| YO32 5XA

| REGISTERED NUMBER: | 04136318 (England and Wales)

| ACCOUNTANTS: | UHY Calvert Smith

| Chartered Accountants

| Heritage House

| Murton Way

| Osbaldwick

| York

| North Yorkshire

| YO19 5UW

| BANKERS: | HSBC

| 13 Parliament Street

| York

| YO1 8XS

R L T (DESIGN) LIMITED (REGISTERED NUMBER: 04136318)

ABRIDGED BALANCE SHEET

31 JANUARY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 157,607 |  | 163,078 |  |

157,607 |  | 163,078 |  |

CURRENT ASSETS

Stocks | 57,500 |  | 57,500 |  |

Debtors | 23,626 |  | 28,820 |  |

Cash at bank and in hand | 2,593 |  | 10,259 |  |

83,719 |  | 96,579 |  |

CREDITORS

Amounts falling due within one year | 231,597 |  | 202,830 |  |

NET CURRENT LIABILITIES | (147,878 | ) | (106,251 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 9,729 |  | 56,827 |  |

CREDITORS

Amounts falling due after more than one year | 204,414 |  | 214,811 |  |

NET LIABILITIES | (194,685 | ) | (157,984 | ) |

CAPITAL AND RESERVES

Called up share capital | 60 |  | 60 |  |

Share premium | 189,980 |  | 189,980 |  |

Incorporation reserve | 38,391 |  | 38,391 |  |

Retained earnings | (423,116 | ) | (386,415 | ) |

SHAREHOLDERS' FUNDS | (194,685 | ) | (157,984 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

R L T (DESIGN) LIMITED (REGISTERED NUMBER: 04136318)

ABRIDGED BALANCE SHEET - continued

31 JANUARY 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 23 December 2025 and were signed on its behalf by:

Mr A M Tagg - Director

R L T (DESIGN) LIMITED (REGISTERED NUMBER: 04136318)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

1. | STATUTORY INFORMATION

| R L T (Design) 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.

| The company depends on support from the directors to meet its day to day working capital requirements. This support is expected to continue for the foreseeable future. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustment that would result from a withdrawal of financial support.

| Turnover

| Turnover represents amounts receivable for goods and services, where the right to revenue exists, excluding value added tax.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2002, has been fully amortised over its estimated useful life of five years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Freehold property | - | 2% on cost

| Plant and machinery | - | 20% straight line

| Fixtures and fittings | - | 20% straight line

| Motor vehicles | - | 25% straight line

| 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 stock.

| 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 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.

R L T (DESIGN) LIMITED (REGISTERED NUMBER: 04136318)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

2. | ACCOUNTING POLICIES - continued

| 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 - 7 ) .

4. | INTANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 February 2024

| and 31 January 2025 | 15,000 |  |

| AMORTISATION

| At 1 February 2024

| and 31 January 2025 | 15,000 |  |

| NET BOOK VALUE

| At 31 January 2025 | - |  |

| At 31 January 2024 | - |  |

R L T (DESIGN) LIMITED (REGISTERED NUMBER: 04136318)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 February 2024 | 400,087 |  |

| Disposals | (31,625 | ) |

| At 31 January 2025 | 368,462 |  |

| DEPRECIATION

| At 1 February 2024 | 237,009 |  |

| Charge for year | 5,471 |  |

| Eliminated on disposal | (31,625 | ) |

| At 31 January 2025 | 210,855 |  |

| NET BOOK VALUE

| At 31 January 2025 | 157,607 |  |

| At 31 January 2024 | 163,078 |  |

| Included in cost of land and buildings is freehold land of £ 100,000 (2024 - £ 100,000 ) which is not depreciated.

6. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank overdrafts | 12,353 |  | 3,738 |  |

| Bank loans | 14,811 |  | 24,950 |  |

27,164 |  | 28,688 |  |

| The bank overdraft is secured by way of a fixed and floating charge over the assets of the company.

| The bank loan is provided through the Bounce Back Loan Scheme. Under the terms of the Scheme, the Secretary of State for Business, Energy and Industrial Strategy has agreed to provide the company's lenders with a Partial Guarantee. The lender's ability to provide this loan is dependent upon the lenders receiving the Partial Guarantee.

7. | RELATED PARTY DISCLOSURES

| Within creditors is an amount of £364,700 (2024: £330,072) due to the directors including £200,000 (2024: £200,000) due after one year. This represents an interest free loan to the company.

| The directors loan balance due within one year is repayable on demand.