Registration number: 01787569

Reddish Vale Insulations Limited

Contents

Statement of Financial Position	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Reddish Vale Insulations Limited

(Registration number: 01787569)
Statement of Financial Position as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	370,609	353,889
Current assets
Stocks		27,000	20,000
Debtors	5	714,620	1,092,736
Cash at bank and in hand		101,823	273,042
		843,443	1,385,778
Creditors: Amounts falling due within one year	6	(497,506)	(1,079,781)
Net current assets		345,937	305,997
Total assets less current liabilities		716,546	659,886
Creditors: Amounts falling due after more than one year	6	(134,048)	(115,071)
Provisions for liabilities		(62,970)	(73,790)
Net assets		519,528	471,025
Capital and reserves
Called up share capital		20	20
Capital redemption reserve		1	1
Retained earnings		519,507	471,004
Shareholders' funds		519,528	471,025

Reddish Vale Insulations Limited

(Registration number: 01787569)
Statement of Financial Position as at 31 August 2025

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 25 February 2026 and signed on its behalf by:
 

......................................... Mrs Jemma Louise Hall Director

Reddish Vale Insulations Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Vale House
Franklin Street
Oldham
OL1 2DP

These financial statements were authorised for issue by the Board on 25 February 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with FRS102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Reddish Vale Insulations Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and Machinery	15% on cost
Fixtures and Equipment	20-25% on cost
Motor Vehicles	20% on reducing balance
Leasehold property improvements	38% on cost

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to the income statement on a straight-line basis over the period of the lease.

Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet as tangible fixed assets and are depreciated over the shorter of the lease term and their useful lives. The capital elements of future obligations under the leases are included as liabilities in the balance sheet. The interest element of the rental obligation is charged to the income statement over the period of the lease on a straight line basis. Assets held under hire purchase agreements are capitalised as tangible fixed assets and are depreciated over their useful lives. The capital element of future finance payments is included within creditors. Finance charges are allocated to accounting periods over the length of the contract on a straight line basis.

Reddish Vale Insulations Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 33 (2024 - 38).

4	Tangible assets

	Leasehold property improvements £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 September 2024	39,542	453,457	300,123	793,122
Additions	11,728	17,329	96,791	125,848
Disposals	-	(18,688)	(32,475)	(51,163)
At 31 August 2025	51,270	452,098	364,439	867,807
Depreciation
At 1 September 2024	1,276	339,395	98,562	439,233
Charge for the year	19,704	32,830	41,630	94,164
Eliminated on disposal	-	(18,688)	(17,511)	(36,199)
At 31 August 2025	20,980	353,537	122,681	497,198
Carrying amount
At 31 August 2025	30,290	98,561	241,758	370,609
At 31 August 2024	38,266	114,062	201,561	353,889

Included within the net book value of land and buildings above is £30,290 (2024 - £38,266) in respect of short leasehold land and buildings.
 

Reddish Vale Insulations Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

5

Debtors

Current	2025 £	2024 £
Trade debtors	426,624	823,042
Prepayments	60,721	69,307
Other debtors	227,275	200,387
	714,620	1,092,736

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		62,949	54,320
Trade creditors		272,261	447,684
Taxation and social security		106,874	410,551
Accruals and deferred income		41,317	159,155
Other creditors		14,105	8,071
		497,506	1,079,781

Creditors due within one year include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £62,949 (2024 - £54,320).

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		134,048	115,071

Creditors falling due after more than one year include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £134,048 (2024 - £115,071).

7	Financial commitments, guarantees and contingencies

Amounts not provided for in the statement of financial position

The total amount of financial commitments not included in the statement of financial position is £51,774 (2024 - £88,201).

Reddish Vale Insulations Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

8	Related party transactions

2025	At 1 September 2024 £	Advances to director £	Repayments by director £	At 31 August 2025 £
Mr Roy Tindall
Advances interest free and repayable on demand	328	-	(328)	-
Mr John Tindall
Advances interest free and repayable on demand	-	13,078	(9,389)	3,689

9	Parent and ultimate parent undertaking

The company's immediate and ultimate parent is Tindall Holdings Ltd, incorporated in England and Wales.