REGISTERED NUMBER: 10740633 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Rodeo Goods Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T Anderson

REGISTERED OFFICE:

24 Robert Cort Industrial Estate

Britten Road

Reading

Berkshire

RG2 0AU

REGISTERED NUMBER:

10740633 (England and Wales)

FIXED ASSETS

Intangible assets

4

66,042

-

Tangible assets

5

574,271

553,061

640,313

553,061

CURRENT ASSETS

Stocks

131,056

164,135

Debtors

6

500,197

517,165

Cash at bank

13,864

122,860

645,117

804,160

CREDITORS

Amounts falling due within one year

7

674,440

1,020,081

NET CURRENT LIABILITIES

(29,323

)

(215,921

)

TOTAL ASSETS LESS CURRENT LIABILITIES

610,990

337,140

CREDITORS

Amounts falling due after more than one year

8

800,665

312,048

NET (LIABILITIES)/ASSETS

(189,675

)

25,092

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(189,775

)

24,992

SHAREHOLDERS' FUNDS

(189,675

)

25,092

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 28 April 2026 and were signed by:

T Anderson - Director

1.	STATUTORY INFORMATION

Rodeo Goods Ltd 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 incurred a loss and is in deficit position at the period end in its first period of trade. The director has confirmed that the amounts due to T Anderson and H Leung will not be called upon for at least 12 months from signing date of these financial statements. Based on this continued financial support coupled with the expansion of operations, the director believes it is appropriate to prepare the accounts on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Short leasehold

-

2% on cost

Plant and machinery

-

2% on cost

Stocks

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

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.

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 10 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

69,035

At 30 April 2025

69,035

AMORTISATION

Charge for year

2,993

At 30 April 2025

2,993

NET BOOK VALUE

At 30 April 2025

66,042

5.	TANGIBLE FIXED ASSETS

Short

Plant and

Motor

leasehold

machinery

vehicles

Totals

£

£

£

£

COST

At 1 May 2024

864,305

972,551

390,823

2,227,679

Additions

131,436

94,424

51,825

277,685

At 30 April 2025

995,741

1,066,975

442,648

2,505,364

DEPRECIATION

At 1 May 2024

693,764

757,738

223,116

1,674,618

Charge for year

39,652

122,635

94,188

256,475

At 30 April 2025

733,416

880,373

317,304

1,931,093

NET BOOK VALUE

At 30 April 2025

262,325

186,602

125,344

574,271

At 30 April 2024

170,541

214,813

167,707

553,061

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

6,224

693

Other debtors

427,961

407,443

VAT

35,266

-

Prepayments and accrued income

30,746

109,029

500,197

517,165

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

1,081

-

Hire purchase contracts

51,464

82,735

Trade creditors

446,027

534,570

Social security and other taxes

41,083

42,982

Other creditors

68,166

301,996

Accrued expenses

66,619

57,798

674,440

1,020,081

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans - 1-2 years

79,083

72,500

Bank loans more 5 yr by instal

478,675

16,041

Other loans - 1-2 years

55,448

94,616

Hire purchase contracts

57,449

28,891

Directors loan account

130,010

100,000

800,665

312,048

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

478,675

16,041

Hire purchase

57,449

28,891

536,124

44,932

9.