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R & N logistics & Daughters Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
Parker & Co
179 Leeds Road
Lofthouse
Wakefield
WF3 3NE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10844608
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 497,837 382,512
497,837 382,512
CURRENT ASSETS
Debtors 5 112,000 115,113
Cash at bank and in hand 14,788 13,785
126,788 128,898
Creditors: Amounts Falling Due Within One Year 6 (346,988 ) (262,111 )
NET CURRENT ASSETS (LIABILITIES) (220,200 ) (133,213 )
TOTAL ASSETS LESS CURRENT LIABILITIES 277,637 249,299
Creditors: Amounts Falling Due After More Than One Year 7 (233,338 ) (216,418 )
NET ASSETS 44,299 32,881
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 44,297 32,879
SHAREHOLDERS' FUNDS 44,299 32,881
Page 1
Page 2
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr RYAN CHAPMAN
Director
07/05/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
R & N logistics & Daughters Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10844608 . The registered office is 9 NEWLANDS DRIVE, STANLEY, WAKEFIELD, WF3 4DS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 10% Reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 1 1
Manufacturing 5 5
6 6
Page 3
Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 July 2024 556,955
Additions 201,365
Disposals (100,000 )
As at 30 June 2025 658,320
Depreciation
As at 1 July 2024 174,443
Provided during the period 43,290
Disposals (57,250 )
As at 30 June 2025 160,483
Net Book Value
As at 30 June 2025 497,837
As at 1 July 2024 382,512
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 112,000 115,113
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 90,742 87,490
Trade creditors 141,582 104,511
Bank loans and overdrafts 85,780 35,935
Directors' loan accounts 28,884 34,175
346,988 262,111
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 233,338 216,418
Page 4
Page 5
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 90,742 87,490
Later than one year and not later than five years 233,338 216,418
324,080 303,908
324,080 303,908
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 5