REGISTERED NUMBER: 04136318 (England and Wales)

R L T (DESIGN) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Abridged Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr A M Tagg

Mr D R Tagg

REGISTERED OFFICE:

Grange Cottage

57 The Village

Strensall

York

North Yorkshire

YO32 5XA

REGISTERED NUMBER:

04136318 (England and Wales)

ACCOUNTANTS:

UHY Calvert Smith

Chartered Accountants

Heritage House

Murton Way

Osbaldwick

York

North Yorkshire

YO19 5UW

BANKERS:

HSBC

13 Parliament Street

York

YO1 8XS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

19,977

157,607

19,977

157,607

CURRENT ASSETS

Stocks

4,684

57,500

Debtors

10,462

23,626

Cash at bank and in hand

705,192

2,593

720,338

83,719

CREDITORS

Amounts falling due within one year

487,617

231,597

NET CURRENT ASSETS/(LIABILITIES)

232,721

(147,878

)

TOTAL ASSETS LESS CURRENT LIABILITIES

252,698

9,729

CREDITORS

Amounts falling due after more than one year

-

204,414

NET ASSETS/(LIABILITIES)

252,698

(194,685

)

CAPITAL AND RESERVES

Called up share capital

60

60

Share premium

189,980

189,980

Incorporation reserve

38,391

38,391

Retained earnings

24,267

(423,116

)

SHAREHOLDERS' FUNDS

252,698

(194,685

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2026 and were signed on its behalf by:

Mr A M Tagg - Director

1.	STATUTORY INFORMATION

R L T (Design) Limited is a private company, limited by shares , registered in England and Wales. 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.

The company depends on support from the directors to meet its day to day working capital requirements. This support is expected to continue for the foreseeable future. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustment that would result from a withdrawal of financial support.

Turnover

Turnover represents amounts receivable for goods and services, where the right to revenue exists, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, has been fully amortised over its estimated useful life of five 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.

Freehold property

-

2% on cost

Plant and machinery

-

20% straight line

Fixtures and fittings

-

20% straight line

Motor vehicles

-

25% straight line

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

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 6 (2025 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2025

15,000

Disposals

(15,000

)

At 31 January 2026

-

AMORTISATION

At 1 February 2025

15,000

Eliminated on disposal

(15,000

)

At 31 January 2026

-

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2025

368,462

Additions

936

Disposals

(333,713

)

At 31 January 2026

35,685

DEPRECIATION

At 1 February 2025

210,855

Charge for year

113

Eliminated on disposal

(195,260

)

At 31 January 2026

15,708

NET BOOK VALUE

At 31 January 2026

19,977

At 31 January 2025

157,607

Included in cost of land and buildings is freehold land of £ 12,500 (2025 - £ 100,000 ) which is not depreciated.

6.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank overdraft

-

12,353

Bank loans

4,414

14,811

4,414

27,164

The bank overdraft is secured by way of a fixed and floating charge over the assets of the company.

The bank loan is provided through the Bounce Back Loan Scheme. Under the terms of the Scheme, the Secretary of State for Business, Energy and Industrial Strategy has agreed to provide the company's lenders with a Partial Guarantee. The lender's ability to provide this loan is dependent upon the lenders receiving the Partial Guarantee.

7.	RELATED PARTY DISCLOSURES

Within creditors is an amount of £430,260 (2025: £364,700) due to the directors including £nil (2025: £200,000) due after one year. This represents an interest free loan to the company.

The directors loan balance due within one year is repayable on demand.