Company registration number 01427566 (England and Wales)
ROTAMEAD LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
ROTAMEAD LIMITED
CONTENTS
Page
Strategic report
1
Directors' report
2
Directors' responsibilities statement
3
Independent auditor's report
4 - 7
Statement of income and retained earnings
8
Balance sheet
9
Statement of cash flows
10
Notes to the financial statements
11 - 18
ROTAMEAD LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 31 JULY 2025
- 1 -

The directors present the strategic report and financial statements for the year ended 31 July 2025.

The principal activity of the company continues to be the sale and hire of scaffolding and allied equipment.

Fair review of the business

The 2025 results remained strong and profits solid despite turnover being down on 2024.

The business is sound and maintains a loyal customer base with the company continually looking to improve its services, products and processes to further support its customers. The directors believe that the mid-term prospects for the company are very good. The company is a long standing member of the National Access & Scaffolding Confederation (NASC), who are the recognised industry body for quality,safety and technical standards by the Health and Safety Executive. The company continues to have Silver status for the Fleet Operators Recognition Scheme (FORS), which recognises excellent health and safety for transport management.

Principal risks and uncertainties

The Company's market is England and Wales and therefore the performance of the UK economy continues to be a dominant risk factor for the performance of the Company. The company directors remain alert to the threats to our markets and continue to monitor developments closely.

The company buys nationally and internationally, so is exposed to price risks which could result from exchange rate movements and potential supply issues due to international relations. The company monitors all of these risks on a continuous basis.

The company does not use hedging or other complex financial instruments.

The company has a close relationship with its major suppliers which allows it to receive sufficient notice of any increases in its input prices to either resource suppliers or to pass these increases onto the customer base through changes in selling price. The directors do not consider that the company has a significant price risk.

The company has a diverse customer base with no customer representing more than 10% of turnover. The company operates a tight credit control procedure including setting and enforcing credit limits through the use of credit checking agencies. The directors do not consider there to be a significant credit risk.

The company is profitable and cash generative with significant net current assets and as a result it has no difficulty meeting its obligations. The directors do not consider that the company has a significant liquidity risk.

Development and performance

The company continues to strive for operational improvements as a method of mitigating supplier price pressure and maintaining competitiveness. The company is well placed to achieve its target turnover in the forthcoming year.

Key performance indicators

The company monitors its performance throughout the year using the following key financial indicators:

- Customer account profitability.

- Gross profit margin

- Monitoring key customers accounts and debtor days

- Creditor days

Non financial key performance indicators which are monitored on a regular basis are:

- Quality control of products

- Customer satisfaction rates

On behalf of the board

G B Norfolk
Director
1 December 2025
ROTAMEAD LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 JULY 2025
- 2 -

The directors present their annual report and financial statements for the year ended 31 July 2025.

Results and dividends

The results for the year are set out on page 8.

No ordinary dividends were paid. The directors do not recommend payment of a final dividend.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

B.G Norfolk
R.F Jones
M.J Anderson
G B Norfolk
Auditor

Chartwells are deemed to be re-appointed in accordance with an elective resolution made under section 386 of the Companies Act 1985 which continues in force under the Companies Act 2006.

Strategic report

The company has chosen in accordance with Companies Act 2006, s. 414C(11) to set out in the company's strategic report information required by Medium-sized Companies to be contained in the directors' report. It has done so in respect of the business review, future developments and principal risks.

Statement of disclosure to auditor

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the company’s auditor is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditor is aware of that information.

On behalf of the board
G B Norfolk
Director
1 December 2025
ROTAMEAD LIMITED
DIRECTORS' RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 31 JULY 2025
- 3 -

The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law, the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgements and accounting estimates that are reasonable and prudent;

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ROTAMEAD LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF ROTAMEAD LIMITED
- 4 -
Opinion

We have audited the financial statements of Rotamead Limited (the 'company') for the year ended 31 July 2025 which comprise the statement of income and retained earnings, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 July 2025 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

- the information given in the strategic report and the directors' r eport for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

ROTAMEAD LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF ROTAMEAD LIMITED (CONTINUED)
- 5 -
Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identifie d material misstatements in the strategic report or the directors' r eport.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- the financial statements are not in agreement with the accounting records and returns; or

- certain disclosures of directors' remuneration specified by law are not made; or

- we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' r esponsibilities s tatement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

ROTAMEAD LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF ROTAMEAD LIMITED (CONTINUED)
- 6 -
Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud are instances of non-compliance with laws and regulations. We designed procedures in line with our responsibilities outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularity including fraud is detailed below.

We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our: general commercial and sector experience; through verbal and written communications with those charged with governance and other management and via inspection of the company’s regulatory and legal correspondence.

We discussed with those charged with governance and other management the policies and procedures regarding compliance with laws and regulations.

We communicated identified laws and regulations to our team and remained alert to any indicators of non-compliance throughout the audit, we also specifically considered where and how fraud may occur within the company.

The potential effect of these laws and regulations on the financial statements varies considerably.

Firstly, the company is subject to laws and regulations that directly affect the financial statements, including: the company’s constitution, relevant financial reporting standards; company law; tax legislation and distributable profits legislation and we assess the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items.

Secondly the company is subject to many other laws and regulations where the consequences of non-compliance could have a material effect on the amounts or disclosures in the financial statements, for instance through the imposition of fines and penalties, or through losses arising from litigations. We identified the following areas as those most likely to have such an affect: employment legislation; health and safety legislation; data protection legislation; anti-bribery and corruption legislation.

International Auditing Standards (UK) limit the required procedures to identify non-compliance with these laws and regulations to the procedures, and no procedures over and above those already noted are required. These limited procedures did not identify any actual or suspected non-compliance which laws and regulations that could have a material impact on the financial statements.

In relation to fraud, we performed the following specific procedures in addition to those already noted:

- Challenging assumptions made by management in its significant accounting estimates in particular: bad debts.

- Performing analytical procedures to identify unexpected movements in account balances which may be indicative of fraud;

- Ensuring that testing undertaken on both the performance statement, and the Balance Sheet includes a number of items selected on a random basis;

- Looking for unexpected entries in revenue accounts and testing testing journals during the year and the post balance sheet period.

These procedures did not identify any actual or suspected fraudulent irregularity that could have a material impact on the financial statements.

ROTAMEAD LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF ROTAMEAD LIMITED (CONTINUED)
- 7 -

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with International Auditing Standards UK). For example, the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely the procedures that we are required to undertake would identify it. In addition, as with any audit, there remains a high risk of non-detection of irregularities, as these might involve collusion, forgery, intentional omissions, misrepresentation, or the override of internal controls. We are not responsible for preventing non-compliance with laws and regulations or fraud, and cannot be expected to detect non-compliance with all laws and regulations or every incidence of fraud.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Nicolena Lyon (Senior Statutory Auditor)
For and on behalf of Chartwells, Statutory Auditor
Chartered Accountants
North Benfleet
Wickford
Essex
SS12 9JR
1 December 2025
ROTAMEAD LIMITED
STATEMENT OF INCOME AND RETAINED EARNINGS
FOR THE YEAR ENDED 31 JULY 2025
- 8 -
2025
2024
Notes
£
£
Turnover
2
18,699,705
20,808,224
Cost of sales
(15,142,382)
(17,290,891)
Gross profit
3,557,323
3,517,333
Administrative expenses
(1,538,979)
(1,364,020)
Operating profit
3
2,018,344
2,153,313
Interest receivable and similar income
484,321
275,176
Profit before taxation
2,502,665
2,428,489
Tax on profit
6
(665,531)
(609,091)
Profit for the financial year
1,837,134
1,819,398
Retained earnings brought forward
28,136,189
26,316,791
Retained earnings carried forward
29,973,323
28,136,189
ROTAMEAD LIMITED
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 9 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
7
4,124,712
4,114,125
Current assets
Stocks
8
6,817,814
7,311,611
Debtors
9
3,699,578
5,680,899
Cash at bank and in hand
18,324,197
14,627,720
28,841,589
27,620,230
Creditors: amounts falling due within one year
10
(2,715,111)
(3,359,989)
Net current assets
26,126,478
24,260,241
Total assets less current liabilities
30,251,190
28,374,366
Provisions for liabilities
Deferred tax liability
11
277,767
238,077
(277,767)
(238,077)
Net assets
29,973,423
28,136,289
Capital and reserves
Called up share capital
13
100
100
Profit and loss reserves
29,973,323
28,136,189
Total equity
29,973,423
28,136,289
The financial statements were approved by the board of directors and authorised for issue on 1 December 2025 and are signed on its behalf by:
M.J Anderson
G B Norfolk
Director
Director
Company registration number 01427566 (England and Wales)
ROTAMEAD LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 JULY 2025
- 10 -
2025
2024
Notes
£
£
£
£
Cash flows from operating activities
Cash generated from operations
15
3,945,622
5,989,000
Income taxes paid
(579,283)
(391,085)
Net cash inflow from operating activities
3,366,339
5,597,915
Investing activities
Purchase of tangible fixed assets
(214,184)
(250,851)
Proceeds on disposal of tangible fixed assets
60,000
-
0
Interest received
484,321
275,176
Net cash generated from investing activities
330,137
24,325
Net increase in cash and cash equivalents
3,696,476
5,622,240
Cash and cash equivalents at beginning of year
14,627,720
9,005,480
Cash and cash equivalents at end of year
18,324,197
14,627,720
ROTAMEAD LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 11 -
1
Accounting policies
Company information

Rotamead Limited is a company limited by shares incorporated in England and Wales. The registered office is Essex Works Hawk Lane Battlesbridge Essex.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have no material concerns t hat the company does not have adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

In assessing the foreseeable future the directors have considered a period of at least twelve months from the date when these financial statements are authorised for issue.

1.3
Turnover

Turnover is the total amount receivable by the company for sale and hire of scaffolding equipment excluding VAT and trade discounts. Turnover is recognised in the financial statements once goods have been delivered. Hire of equipment is charged and recognised on a weekly basis.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold buildings
0.5% straight line
Plant and machinery
10% reducing balance
Fixtures, fittings & equipment
10% reducing balance
Motor vehicles
25% reducing balance

Freehold land is not depreciated.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Stocks

Stocks are stated at the lower of cost and the e stimated selling price. Stock cost is equal to the purchase price paid for the item. Stock is considered to have been sold on a first in first out basis.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

ROTAMEAD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 12 -
1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Basic financial liabilities

Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

ROTAMEAD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 13 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit or loss because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit or loss, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.9
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Turnover

An analysis of the company's turnover which all arises in the UK is as follows:

2025
2024
£
£
Turnover analysed by class of business
Sale of scaffolding and ancillary equipment
12,502,249
14,387,444
Hire of scaffolding and ancilliary equipment
6,197,456
6,420,780
18,699,705
20,808,224
ROTAMEAD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 14 -
3
Operating profit
2025
2024
Operating profit for the year is stated after charging/(crediting):
£
£
Depreciation of owned tangible fixed assets
148,170
131,626
Profit on disposal of tangible fixed assets
(4,573)
-
4
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Directors
4
4
Direct staff
14
14
Support staff
1
1
Total
19
19

Their aggregate remuneration comprised:

2025
2024
£
£
Wages and salaries
1,668,965
1,545,026
Social security costs
200,984
180,603
Pension costs
47,047
42,875
1,916,996
1,768,504
5
Directors' remuneration
2025
2024
£
£
Remuneration for qualifying services
796,559
748,248
Company pension contributions to defined contribution schemes
24,647
24,709
821,206
772,957
Remuneration disclosed above include the following amounts paid to the highest paid director:
2025
2024
£
£
Remuneration for qualifying services
294,841
289,847
ROTAMEAD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 15 -
6
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
625,841
579,285
Deferred tax
Origination and reversal of timing differences
39,690
29,806
Total tax charge
665,531
609,091

The actual charge for the year can be reconciled to the expected charge for the year based on the profit or loss and the standard rate of tax as follows:

2025
2024
£
£
Profit before taxation
2,502,665
2,428,489
Expected tax charge based on the standard rate of corporation tax in the UK of 25.00% (2024: 25.00%)
625,666
607,122
Tax effect of expenses that are not deductible in determining taxable profit
39,865
1,969
Taxation charge for the year
665,531
609,091
7
Tangible fixed assets
Freehold buildings
Plant and machinery
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 August 2024
3,087,983
794,552
182,158
937,983
5,002,676
Additions
-
0
-
0
-
0
214,184
214,184
Disposals
-
0
-
0
-
0
(148,648)
(148,648)
At 31 July 2025
3,087,983
794,552
182,158
1,003,519
5,068,212
Depreciation
At 1 August 2024
75,141
302,766
107,869
402,775
888,551
Depreciation charged in the year
6,831
35,979
7,429
97,931
148,170
Eliminated in respect of disposals
-
0
-
0
-
0
(93,221)
(93,221)
At 31 July 2025
81,972
338,745
115,298
407,485
943,500
Carrying amount
At 31 July 2025
3,006,011
455,807
66,860
596,034
4,124,712
At 31 July 2024
3,012,842
491,786
74,289
535,208
4,114,125
ROTAMEAD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 16 -
8
Stocks
2025
2024
£
£
Finished goods and goods for resale
6,817,814
7,311,611
9
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
3,699,578
5,680,899
10
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
1,297,940
1,937,457
Corporation tax
519,907
473,349
Other taxation and social security
410,664
508,399
Other creditors
464,600
418,784
Accruals and deferred income
22,000
22,000
2,715,111
3,359,989

Many suppliers of raw materials include a reservation of title clause in their terms and conditions, thus included within trade creditors are balances which are secured on stock. The maximum amount of trade creditors that could be secured in this way is £1,295,860 (2024: £,1,916,310).

In the ordinary course of its business the company has ad hoc short term hire agreements.

11
Deferred taxation

Deferred tax assets and liabilities are offset where the company has a legally enforceable right to do so. The following is the analysis of the deferred tax balances (after offset) for financial reporting purposes:

Liabilities
Liabilities
2025
2024
Balances:
£
£
Accelerated Capital Allowances
277,767
238,077
ROTAMEAD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
11
Deferred taxation
(Continued)
- 17 -
2025
Movements in the year:
£
Liability at 1 August 2024
238,077
Charge to profit or loss
39,690
Liability at 31 July 2025
277,767
12
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
47,047
42,875

The company contribut es to defined contribution p ension scheme s for all qualifying employees

13
Share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
14
Ultimate controlling party

There is no ultimate controlling party. (2024 - Mr B Norfolk)

ROTAMEAD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 18 -
15
Cash generated from operations
2025
2024
£
£
Profit for the year after tax
1,837,134
1,819,398
Adjustments for:
Taxation charged
665,531
609,091
Investment income
(484,321)
(275,176)
Gain on disposal of tangible fixed assets
(4,573)
-
Depreciation of tangible fixed assets
148,170
131,626
Movements in working capital:
Decrease in stocks
493,797
4,668,652
Decrease/(increase) in debtors
1,981,321
(215,532)
Decrease in creditors
(691,436)
(749,059)
Cash generated from operations
3,945,623
5,989,000
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