Caseware UK (AP4) 2025.0.111 2025.0.111 2024-12-31 2024-12-31 true 2024-01-01 false caring out repair works on taxi-cabs 17 17 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02664031 2024-01-01 2024-12-31 02664031 2023-01-01 2023-12-31 02664031 2024-12-31 02664031 2023-12-31 02664031 c:Director1 2024-01-01 2024-12-31 02664031 d:Buildings d:ShortLeaseholdAssets 2024-01-01 2024-12-31 02664031 d:Buildings d:ShortLeaseholdAssets 2024-12-31 02664031 d:Buildings d:ShortLeaseholdAssets 2023-12-31 02664031 d:PlantMachinery 2024-01-01 2024-12-31 02664031 d:PlantMachinery 2024-12-31 02664031 d:PlantMachinery 2023-12-31 02664031 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02664031 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02664031 d:CurrentFinancialInstruments 2024-12-31 02664031 d:CurrentFinancialInstruments 2023-12-31 02664031 d:Non-currentFinancialInstruments 2024-12-31 02664031 d:Non-currentFinancialInstruments 2023-12-31 02664031 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 02664031 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02664031 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 02664031 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 02664031 d:ShareCapital 2024-12-31 02664031 d:ShareCapital 2023-12-31 02664031 d:CapitalRedemptionReserve 2024-12-31 02664031 d:CapitalRedemptionReserve 2023-12-31 02664031 d:RetainedEarningsAccumulatedLosses 2024-12-31 02664031 d:RetainedEarningsAccumulatedLosses 2023-12-31 02664031 c:OrdinaryShareClass1 2024-01-01 2024-12-31 02664031 c:OrdinaryShareClass1 2024-12-31 02664031 c:OrdinaryShareClass1 2023-12-31 02664031 c:FRS102 2024-01-01 2024-12-31 02664031 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02664031 c:FullAccounts 2024-01-01 2024-12-31 02664031 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02664031 d:WithinOneYear 2024-12-31 02664031 d:WithinOneYear 2023-12-31 02664031 d:BetweenOneFiveYears 2024-12-31 02664031 d:BetweenOneFiveYears 2023-12-31 02664031 6 2024-01-01 2024-12-31 02664031 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 02664031 R & R MOTORS LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
R & R MOTORS LIMITED
CONTENTS
| Page
Statement of Financial Position | 1 - 2
Notes to the Financial Statements | 3 - 6
R & R MOTORS LIMITED REGISTERED NUMBER:02664031
STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 77,889 |  | 83,793
Current assets |  |  |  |  |
Stocks |  | 13,356 |  | 14,989 |
Debtors: amounts falling due within one year | 5 | 892,803 |  | 601,362 |
Current asset investments | 6 | 5,483 |  | 5,483 |
Cash at bank and in hand |  | 3,518 |  | 14,269 |
|  | 915,160 |  | 636,103 |
Current liabilities |  |  |  |  |
Creditors: amounts falling due within one year | 7 | (344,570) |  | (123,065) |
Net current assets |  |  | 570,590 |  | 513,038
Total assets less current liabilities |  |  | 648,479 |  | 596,831
Creditors: amounts falling due after more than one year | 8 |  | (5,650) |  | (15,772)
Net assets |  |  | 642,829 |  | 581,059
Capital and reserves |  |  |  |  |
Called up share capital | 9 |  | 1 |  | 1
Capital redemption reserve |  |  | 1 |  | 1
Profit and loss account |  |  | 642,827 |  | 581,057
|  |  | 642,829 |  | 581,059
The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. Page 1
R & R MOTORS LIMITED REGISTERED NUMBER:02664031
STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 DECEMBER 2024 The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 February 2026.
M Glassman
Director
The notes on pages 3 to 6 form part of these financial statements. Page 2
R & R MOTORS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
R & R Motors Limited is a private limited liability company incorporated in England & Wales, with its principal place of business at 96-99 Dunbridge Street, London, E2 6JG and registered office address at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD. The principal activity of the Company continued to be that of carrying out repair work on taxi-cabs. The Company's functional and presentational currency is £ Sterling. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Turnover
Turnover comprises revenue recognised by the Company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts. Turnover is recognised once an individual job has been completed.
| 2.3 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis:
|  |  |  | Leasehold improvement | - | Over term of lease
|  |  |  | Plant & machinery | - | 10 - 20 % reducing balance
| 2.4 | Valuation of investments
Other investments are measured at cost less accumulated impairment. Page 3
R & R MOTORS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.5 | Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
| 2.6 | Debtors
Short term debtors are measured at the transaction price, less any impairment.
| 2.7 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions.
| 2.8 | Creditors
Short term creditors are measured at the transaction price.
| 2.9 | Finance costs
Finance costs are charged to the Statement of Comprehensive Income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount.
| 2.10 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to the Statement of Comprehensive Income on a straight line basis over the lease term.
| 2.11 | Pensions
The Company contributes to a defined contribution plans for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in the Statement of Comprehensive Income when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in an independently administered funds.
| 2.12 | Taxation
Tax is recognised in the Statement of Comprehensive Income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.
3. | Employees
| The average monthly number of employees, including directors, during the year was 17 (2023 - 17).
Page 4
R & R MOTORS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
4. | Tangible fixed assets
|  | Leasehold improvement | Plant & machinery | Total
|  | £ | £ | £
| Cost |  |  |
| At 1 January 2024 | 57,500 | 87,320 | 144,820
| Additions | - | 3,300 | 3,300
| At 31 December 2024 | 57,500 | 90,620 | 148,120
| Depreciation |  |  |
| At 1 January 2024 | - | 61,027 | 61,027
| Charge for the year on owned assets | 5,750 | 3,454 | 9,204
| At 31 December 2024 | 5,750 | 64,481 | 70,231
| Net book value |  |  |
| At 31 December 2024 | 51,750 | 26,139 | 77,889
| At 31 December 2023 | 57,500 | 26,293 | 83,793
5. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 451,019 | 327,698
| Amounts owed by group undertakings | 371,619 | 245,183
| Other debtors | 55,254 | 21,621
| Prepayments and accrued income | 14,911 | 6,860
|  | 892,803 | 601,362
6. | Current asset investments
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Other investments | 5,483 | 5,483
Page 5
R & R MOTORS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 10,000 | 10,000
| Trade creditors | 314,709 | 60,355
| Taxation and social security | 6,097 | 4,976
| Other creditors | 1,059 | 729
| Accruals and deferred income | 12,705 | 47,005
|  | 344,570 | 123,065
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 5,650 | 15,772
9. | Share capital
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1 (2023 - 1) Ordinary share of £1 | 1 | 1
10. | Commitments under operating leases
| At 31 December 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Not later than 1 year | 25,932 | 253,890
| Later than 1 year and not later than 5 years | 2,820 | 49,835
|  | 28,752 | 303,725
11. | Controlling party
The Company is a wholly owned subsidiary of Colts Cabs Limited, a company registered in England and Wales.
Page 6