REGISTERED NUMBER: SC158183 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 JUNE 2024 TO 30 JUNE 2025

FOR

ROBERT J HART & COMPANY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Macshannon

G Hope

REGISTERED OFFICE:

Arran House

15D Skye Road

Prestwick

KA9 2TA

REGISTERED NUMBER:

SC158183 (Scotland)

ACCOUNTANTS:

QACCOUNTING LTD

Windsor House Troon Way Business Centre

Humberstone Lane Leicester

Leicestershire

LE4 9HA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

8,707

11,139

8,707

11,139

CURRENT ASSETS

Stocks

114,224

174,000

Debtors

6

217,842

217,197

Cash at bank and in hand

228,195

185,261

560,261

576,458

CREDITORS

Amounts falling due within one year

7

88,980

123,437

NET CURRENT ASSETS

471,281

453,021

TOTAL ASSETS LESS CURRENT LIABILITIES

479,988

464,160

CREDITORS

Amounts falling due after more than one year

8

(5,000

)

(11,500

)

PROVISIONS FOR LIABILITIES

(2,177

)

(1,967

)

NET ASSETS

472,811

450,693

CAPITAL AND RESERVES

Called up share capital

32

32

Retained earnings

472,779

450,661

SHAREHOLDERS' FUNDS

472,811

450,693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

G Macshannon - Director

1.	STATUTORY INFORMATION

Robert J Hart & Company Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of businesses in 2005 and 2014, is being amortised evenly over their estimated useful lives of ten and five years respectively.

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.

Fixtures and fittings

-

33% on reducing balance

Computer equipment

-

33% on reducing balance

The company's policy is to review the remaining useful lives and residual value of all tangible assets on an on-going basis and to adjust the depreciation charge to reflect the remaining useful economic life and residual value.

Stocks

Work in progress is valued at selling price less provisions for non recoverable time.

Hire purchase and leasing commitments

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 period was 11 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 June 2024

and 30 June 2025

578,587

Amortisation

At 1 June 2024

and 30 June 2025

578,587

Net book value

At 30 June 2025

-

At 31 May 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 June 2024

41,811

2,776

44,587

Disposals

(18,953

)

-

(18,953

)

Reclassification/transfer

(960

)

960

-

At 30 June 2025

21,898

3,736

25,634

Depreciation

At 1 June 2024

31,309

2,139

33,448

Charge for period

4,443

479

4,922

Eliminated on disposal

(18,953

)

-

(18,953

)

Charge written back

(2,762

)

272

(2,490

)

At 30 June 2025

14,037

2,890

16,927

Net book value

At 30 June 2025

7,861

846

8,707

At 31 May 2024

10,502

637

11,139

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

31.5.24

£

£

Trade debtors

213,313

211,036

Other debtors

4,529

6,161

217,842

217,197

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

31.5.24

£

£

Bank loans and overdrafts

6,000

5,591

Taxation and social security

62,126

87,667

Other creditors

20,854

30,179

88,980

123,437

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

31.5.24

£

£

Bank loans

5,000

11,500

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.6.25

31.5.24

£

£

Within one year

23,581

13,368

Between one and five years

26,947

29,756

50,528

43,124

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.25

31.5.24

£

£

Bank loans

11,000

17,091