REGISTERED NUMBER: 02728656 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

RANGE STORAGE EQUIPMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Lee Sean Pattison

Sian Louise Pattison

REGISTERED OFFICE:

Unit 1

Shaw Cross Business Park

Horace Waller V C Parade

Dewsbury

West Yorkshire

WF12 7RF

REGISTERED NUMBER:

02728656 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

First Floor Offices, Unit A4

Old Power Way

Lowfields Business Park

Elland

HX5 9DE

FIXED ASSETS

Tangible assets

3

394,658

1,563,244

Investments

4

100

-

394,758

1,563,244

CURRENT ASSETS

Stocks

190,459

49,721

Debtors

5

536,982

851,705

Cash at bank and in hand

479,298

1,479,806

1,206,739

2,381,232

CREDITORS

Amounts falling due within one year

6

341,619

838,960

NET CURRENT ASSETS

865,120

1,542,272

TOTAL ASSETS LESS CURRENT LIABILITIES

1,259,878

3,105,516

CREDITORS

Amounts falling due after more than one year

7

(143,119

)

(381,862

)

PROVISIONS FOR LIABILITIES

(111,854

)

(110,391

)

NET ASSETS

1,004,905

2,613,263

CAPITAL AND RESERVES

Called up share capital

200

100

Profit and loss account

1,004,705

2,613,163

1,004,905

2,613,263

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2026 and were signed on its behalf by:

Lee Sean Pattison - Director

1.	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.

Turnover

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

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 18 ) .

3.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 September 2024

1,293,696

440,700

46,814

278,685

2,059,895

Additions

164,700

-

-

173,795

338,495

Disposals

(1,458,396

)

(2,900

)

-

(133,880

)

(1,595,176

)

At 31 August 2025

-

437,800

46,814

318,600

803,214

DEPRECIATION

At 1 September 2024

146,285

229,849

35,268

85,249

496,651

Charge for year

-

31,484

2,886

57,100

91,470

Eliminated on disposal

(146,285

)

(1,356

)

-

(31,924

)

(179,565

)

At 31 August 2025

-

259,977

38,154

110,425

408,556

NET BOOK VALUE

At 31 August 2025

-

177,823

8,660

208,175

394,658

At 31 August 2024

1,147,411

210,851

11,546

193,436

1,563,244

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

100

At 31 August 2025

100

NET BOOK VALUE

At 31 August 2025

100

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

342,162

788,019

Other debtors

194,820

63,686

536,982

851,705

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

32,400

Hire purchase contracts

18,324

27,924

Trade creditors

264,384

466,731

Taxation and social security

23,791

258,579

Other creditors

35,120

53,326

341,619

838,960

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

294,816

Hire purchase contracts

143,119

87,046

143,119

381,862

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

132,816

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

-

327,216

Hire purchase contracts

161,443

114,970

161,443

442,186

Bank loans are secured by a first legal charge on freehold property, and by a debenture over assets of the company.

Hire purchase agreements are secured on the related assets.

9.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund and amounted to £10,783 (2024: £12,743). Contributions totalling £742 (2024: £1,174) were payable to the fund at the year end and are included in creditors.