Robert Teal Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00346064

ROBERT TEAL LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 August 2025

ROBERT TEAL LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2025

Contents	Pages

Officers and professional advisers	1

Statement of financial position	2 to 3

Notes to the financial statements	4 to 7

ROBERT TEAL LIMITED

OFFICERS AND PROFESSIONAL ADVISERS

Director	P Harpham

Company secretary	P Harpham

Registered office	Mill Farmhouse
	The Wharf
	Carlton-on-Trent
	Newark
	Nottinghamshire
	England
	NG23 6NR

Accountants	Streets LLP
	Chartered accountants
	Tower House
	Lucy Tower Street
	Lincoln
	Lincolnshire
	LN1 1XW

ROBERT TEAL LIMITED

STATEMENT OF FINANCIAL POSITION

31 August 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		499,406	670,349

Current assets

Stocks		341,250	–
Debtors	6	164,277	373,869
Cash at bank and in hand		558,201	464,646
		-------------	----------
		1,063,728	838,515

Creditors: amounts falling due within one year	7	100,390		25,121
		-------------		----------
Net current assets			963,338	813,394
			-------------	-------------
Total assets less current liabilities			1,462,744	1,483,743

Provisions

Taxation including deferred tax	67	1,955
	-------------	-------------
Net assets	1,462,677	1,481,788
	-------------	-------------

ROBERT TEAL LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 August 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	20,000	20,000
Profit and loss account	1,442,677	1,461,788
	-------------	-------------
Shareholders funds	1,462,677	1,481,788
	-------------	-------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 20 May 2026 , and are signed on behalf of the board by:

P Harpham
Director

Company registration number: 00346064

ROBERT TEAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Mill Farmhouse, The Wharf, Carlton-on-Trent, Newark, Nottinghamshire, NG23 6NR, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	1% straight line
Plant and machinery	-	25% reducing balance
Motor vehicles	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments, including derivatives, are recognised at fair value, with any subsequent changes to fair value recognised in profit or loss.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Freehold property	Plant and machinery	Motor vehicles	Total
	£	£	£	£
Cost
At 1 September 2024	822,658	77,882	21,386	921,926
Disposals	( 216,752)	–	( 14,600)	( 231,352)
	----------	---------	---------	----------
At 31 August 2025	605,906	77,882	6,786	690,574
	----------	---------	---------	----------
Depreciation
At 1 September 2024	160,130	76,539	14,908	251,577
Charge for the year	2,670	990	–	3,660
Disposals	( 55,947)	–	( 8,122)	( 64,069)
	----------	---------	---------	----------
At 31 August 2025	106,853	77,529	6,786	191,168
	----------	---------	---------	----------
Carrying amount
At 31 August 2025	499,053	353	–	499,406
	----------	---------	---------	----------
At 31 August 2024	662,528	1,343	6,478	670,349
	----------	---------	---------	----------

6. Debtors

	2025	2024
	£	£
Other debtors	164,277	373,869
	----------	----------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	1,159
Corporation tax	16,381	16,983
Social security and other taxes	684	555
Other creditors	536	536
Other creditors	82,789	5,888
	----------	---------
	100,390	25,121
	----------	---------

8. Related party transactions

No related party transactions subsisted during the period, such as are required to be disclosed under FRS102.

9. Controlling party

The ultimate controlling party during the year was the director.