Registration number: 11055998

R & A Components Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

R & A Components Ltd

(Registration number: 11055998)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	35,000	52,500
Tangible assets	5	760,105	382,449
		795,105	434,949
Current assets
Stocks	6	106,695	115,185
Debtors	7	199,136	157,310
Cash at bank and in hand		240,478	71,991
		546,309	344,486
Creditors: Amounts falling due within one year	8	(316,794)	(168,338)
Net current assets		229,515	176,148
Total assets less current liabilities		1,024,620	611,097
Provisions for liabilities		(98,950)	-
Net assets		925,670	611,097
Capital and reserves
Called up share capital		100	100
Share premium reserve		600,000	600,000
Revaluation reserve		296,850	-
Retained earnings		28,720	10,997
Shareholders' funds		925,670	611,097

R & A Components Ltd

(Registration number: 11055998)
Balance Sheet as at 30 September 2025

For the financial year ending 30 September 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 Profit and Loss Account.

Approved and authorised by the Board on 28 April 2026 and signed on its behalf by:
 

......................................... Mrs S J Bell Director

R & A Components Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

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

The address of its registered office is:
Walton Street Works
Walton Street
Colne
Lancashire
BB8 0EA
England

These financial statements were authorised for issue by the Board on 28 April 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 Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared in sterling (£) using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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 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.

R & A Components Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Tangible assets

Tangible assets are stated in the balance sheet 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
Land & buildings	2% straight line
Plant & machinery	25% reducing balance
Equipment	25% reducing balance
Vehicles	25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

R & A Components Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

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 8 (2024 - 12).

R & A Components Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 October 2024	175,000	175,000
At 30 September 2025	175,000	175,000
Amortisation
At 1 October 2024	122,500	122,500
Amortisation charge	17,500	17,500
At 30 September 2025	140,000	140,000
Carrying amount
At 30 September 2025	35,000	35,000
At 30 September 2024	52,500	52,500

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 October 2024	220,000	362,199	8,995	591,194
Revaluations	395,800	-	-	395,800
Additions	-	52,278	-	52,278
Disposals	-	(24,273)	-	(24,273)
At 30 September 2025	615,800	390,204	8,995	1,014,999
Depreciation
At 1 October 2024	30,800	174,994	2,951	208,745
Charge for the year	-	59,870	1,511	61,381
Eliminated on disposal	-	(15,232)	-	(15,232)
At 30 September 2025	30,800	219,632	4,462	254,894
Carrying amount
At 30 September 2025	585,000	170,572	4,533	760,105
At 30 September 2024	189,200	187,205	6,044	382,449

Included within the net book value of land and buildings above is £585,000 (2024 - £189,200) in respect of freehold land and buildings.
 

R & A Components Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Revaluation

The fair value of the company's land and buildings was revalued on 30 September 2025 by an independent valuer.

Had this class of asset been measured on a historical cost basis, the carrying amount would have been £189,200 (2024 - £189,200).

6

Stocks

	2025 £	2024 £
Work in progress	15,000	15,000
Other inventories	91,695	100,185
	106,695	115,185

7

Debtors

Current	2025 £	2024 £
Trade debtors	148,821	109,232
Prepayments	12,274	12,230
Other debtors	38,041	35,848
	199,136	157,310

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		22,628	35,617
Amounts owed to group undertakings and undertakings in which the company has a participating interest	9	250,000	120,000
Taxation and social security		36,753	4,803
Accruals and deferred income		6,829	7,059
Other creditors		584	859
		316,794	168,338

9	Related party transactions

R & A Components Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Summary of transactions with associates

At the balance sheet date, the company has an outstanding loan balance with B.G. Sports International Ltd, a company controlled by one of the directors.

The balance is unsecured, interest free and repayable on demand.

Transactions between the companies were conducted on terms equivalent to those in arm's length transactions.

Income and receivables from related parties

2025	Associates £
Sale of goods	246,360

2024	Associates £
Sale of goods	235,518

Expenditure with and payables to related parties

2025	Associates £
Purchase of goods	120

2024	Associates £
Purchase of goods	1,568

Loans to related parties

2025	Associates £	Total £
At start of period	120,000	120,000
Advanced	150,000	150,000
At end of period	270,000	270,000

2024	Associates £	Total £
At start of period	120,000	120,000
At end of period	120,000	120,000