REGISTERED NUMBER: 01119121 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

R G Trade Supplies and Engineering

Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

23,334

28,334

Tangible assets

5

1,099,293

1,057,608

1,122,627

1,085,942

CURRENT ASSETS

Stocks

98,629

110,232

Debtors

6

1,079,681

898,182

Cash at bank and in hand

165,683

173,091

1,343,993

1,181,505

CREDITORS

Amounts falling due within one year

7

1,050,047

870,475

NET CURRENT ASSETS

293,946

311,030

TOTAL ASSETS LESS CURRENT LIABILITIES

1,416,573

1,396,972

CREDITORS

Amounts falling due after more than one year

8

(338,448

)

(410,263

)

PROVISIONS FOR LIABILITIES

(251,264

)

(235,052

)

NET ASSETS

826,861

751,657

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

825,861

750,657

SHAREHOLDERS' FUNDS

826,861

751,657

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 19 May 2026 and were signed on its behalf by:

Mr C Hill - Director

1.	STATUTORY INFORMATION

R G Trade Supplies and Engineering Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01119121

Registered office:

Foley Street

Fenton

Stoke-on-Trent

Staffordshire

ST4 3DR

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

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

Revenue is recognised as the company becomes entitled to consideration for the goods supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

15% on reducing balance

Plant and machinery

-

12.5% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2024 - 33 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

50,000

AMORTISATION

At 1 November 2024

21,666

Amortisation for year

5,000

At 31 October 2025

26,666

NET BOOK VALUE

At 31 October 2025

23,334

At 31 October 2024

28,334

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 November 2024

215,051

1,663,687

31,385

150,537

2,060,660

Additions

-

182,690

21,982

43,751

248,423

Disposals

-

(72,200

)

-

(22,720

)

(94,920

)

At 31 October 2025

215,051

1,774,177

53,367

171,568

2,214,163

DEPRECIATION

At 1 November 2024

59,677

824,153

20,218

99,004

1,003,052

Charge for year

23,160

124,976

8,286

22,473

178,895

Eliminated on disposal

-

(49,749

)

-

(17,328

)

(67,077

)

At 31 October 2025

82,837

899,380

28,504

104,149

1,114,870

NET BOOK VALUE

At 31 October 2025

132,214

874,797

24,863

67,419

1,099,293

At 31 October 2024

155,374

839,534

11,167

51,533

1,057,608

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 November 2024

and 31 October 2025

775,807

DEPRECIATION

At 1 November 2024

192,728

Charge for year

72,885

At 31 October 2025

265,613

NET BOOK VALUE

At 31 October 2025

510,194

At 31 October 2024

583,079

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

836,756

671,576

Accrued income

156,371

173,784

Other debtors

86,554

52,822

1,079,681

898,182

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,556

5,556

Hire purchase contracts

97,925

103,442

Trade creditors

467,324

260,229

Amounts owed to group undertakings

253,576

221,528

Taxation and social security

185,352

252,384

Other creditors

40,314

27,336

1,050,047

870,475

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

21,395

26,815

Hire purchase contracts

317,053

383,448

338,448

410,263

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

-

4,592

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

414,978

486,890

The hire purchase liability is secured on the asset to which it relates.

10.	FINANCIAL COMMITMENTS

Financial commitments on operating leases amount to £98,315 (2024: £20,115).

The company is party to cross guarantee arrangements with its bankers in respect of the group's bank lending. At the year end the group's bank lending amounted to £26,950 (2024: £247,016).

Security has been provided by fixed and floating charges over all assets of the group.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

£

Mr G Hill

Balance outstanding at start of year

21,785

20,853

Amounts advanced

207,237

932

Amounts repaid

(198,786

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

30,236

21,785

No interest has been charged on the amounts outstanding which are repayable on demand.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is RGT Holdings Limited.

The ultimate controlling party is Mr C Hill.