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COMPANY REGISTRATION NUMBER: 06622243

R Martinson Limited

Filleted Unaudited Financial Statements

Year ended

30 June 2025

R Martinson Limited

Financial Statements

Year ended 30 June 2025

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 3

R Martinson Limited

Statement of Financial Position

30 June 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Tangible assets | 6 |  | 1,814,188 |  | 1,810,077

Current assets

Stocks | 33,000 |  | 28,000 |
Debtors | 7 | 128,241 |  | 143,917 |
Cash at bank and in hand | 266,428 |  | 200,296 |
| ---------- |  | ---------- |
| 427,669 |  | 372,213 |

Creditors: amounts falling due within one year | 8 | 144,579 |  | 139,212 |
| ---------- |  | ---------- |
Net current assets |  | 283,090 |  | 233,001
|  | ------------- |  | -------------
Total assets less current liabilities |  | 2,097,278 |  | 2,043,078

Creditors: amounts falling due after more than one year | 9 |  | 481,367 |  | 520,496

Provisions

Taxation including deferred tax |  | 186,876 |  | 186,095
|  | ------------- |  | -------------
Net assets |  | 1,429,035 |  | 1,336,487
|  | ------------- |  | -------------

Capital and reserves

Called up share capital |  | 100 |  | 100
Revaluation reserve |  | 714,407 |  | 714,407
Profit and loss account |  | 714,528 |  | 621,980
|  | ------------- |  | -------------
Shareholders funds |  | 1,429,035 |  | 1,336,487
|  | ------------- |  | -------------

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 30 June 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 .

R Martinson Limited

Statement of Financial Position (continued)

30 June 2025
These financial statements were approved by the board of directors and authorised for issue on 24 June 2026 , and are signed on behalf of the board by:

Mr R Martinson |
Director |

Company registration number: 06622243

R Martinson Limited

Notes to the Financial Statements

Year ended 30 June 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 The Bays, Shore Road, Garthorpe, Scunthorpe, South Yorkshire, DN17 4AD.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
(a) 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 measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.
(b) Going concern
The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the director has considered the effect of these matters on the company with the information available to it and does not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the director has prepared these financial statements on a going concern basis.
(c) Revenue recognition
Turnover is recognised on delivery of produce or on provision of service or entitlement to income and is stated net of discounts and of Value Added Tax.
(d) Current and deferred 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 be paid or recovered 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.
(e) Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Goodwill | - | 10 years straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
(f) Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
(g) 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:

| Plant & Machinery | - | 15% reducing balance
| Motor Vehicles | - | 15% reducing balance

(h) 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.
(i) 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. Stocks of unsold farm produce on hand at the year end date are valued using the industry standard valuation method set out in HM Revenue & Customs help sheet IR232.
(j) Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 9 (2024: 10 ).
5. Intangible assets

| Goodwill
| £
Cost |
At 1 July 2024 and 30 June 2025 | 10,000
| --------
Amortisation |
At 1 July 2024 and 30 June 2025 | 10,000
| --------
Carrying amount |
At 30 June 2025 | –
| --------
At 30 June 2024 | –
| --------

6. Tangible assets

| Land and buildings | Plant and machinery | Motor vehicles | Total
| £ | £ | £ | £
Cost |  |  |  |
At 1 July 2024 | 1,770,646 | 138,005 | 36,509 | 1,945,160
Additions | – | – | 11,795 | 11,795
| ------------- | ---------- | -------- | -------------
At 30 June 2025 | 1,770,646 | 138,005 | 48,304 | 1,956,955
| ------------- | ---------- | -------- | -------------
Depreciation |  |  |  |
At 1 July 2024 | – | 110,867 | 24,216 | 135,083
Charge for the year | – | 4,071 | 3,613 | 7,684
| ------------- | ---------- | -------- | -------------
At 30 June 2025 | – | 114,938 | 27,829 | 142,767
| ------------- | ---------- | -------- | -------------
Carrying amount |  |  |  |
At 30 June 2025 | 1,770,646 | 23,067 | 20,475 | 1,814,188
| ------------- | ---------- | -------- | -------------
At 30 June 2024 | 1,770,646 | 27,138 | 12,293 | 1,810,077
| ------------- | ---------- | -------- | -------------

7. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 120,447 | 126,779
Other debtors | 7,794 | 17,138
| ---------- | ----------
| 128,241 | 143,917
| ---------- | ----------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 15,000 | 17,500
Trade creditors | 58,711 | 78,567
Corporation tax | 42,330 | 21,251
Social security and other taxes | 28,538 | 21,894
| ---------- | ----------
| 144,579 | 139,212
| ---------- | ----------

9. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 481,367 | 520,496
| ---------- | ----------

Bank loans and overdrafts during the year are secured by fixed and floating charges.
10. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:

| 2025
|  | Balance brought forward | Advances/ (credits) to the director | Amounts repaid | Balance outstanding
|  | £ | £ | £ | £
| Mr R Martinson | 17,138 | 15,966 | ( 25,310) | 7,794
|  | -------- | -------- | -------- | -------

| 2024
|  | Balance brought forward | Advances/ (credits) to the director | Amounts repaid | Balance outstanding
|  | £ | £ | £ | £
| Mr R Martinson | 4,212 | 28,318 | ( 15,392) | 17,138
|  | ------- | -------- | -------- | --------

The overdrawn loan account was cleared by a dividend voted in June 2026.