M. Roberts and Sons Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02763448 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

M. Roberts and Sons Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

120,000

160,000

Tangible assets

5

4,696,000

4,603,020

4,816,000

4,763,020

CURRENT ASSETS

Stocks

10,000

30,000

Debtors

6

241,827

137,693

Cash at bank and in hand

127,642

16,535

379,469

184,228

CREDITORS

Amounts falling due within one year

7

576,314

529,732

NET CURRENT LIABILITIES

(196,845

)

(345,504

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,619,155

4,417,516

CREDITORS

Amounts falling due after more than one year

8

(2,475,709

)

(2,432,862

)

PROVISIONS FOR LIABILITIES

(76,452

)

(67,920

)

NET ASSETS

2,066,994

1,916,734

CAPITAL AND RESERVES

Called up share capital

200

Revaluation reserve

9

580,081

Capital redemption reserve

15

Retained earnings

1,486,698

1,336,438

SHAREHOLDERS' FUNDS

2,066,994

1,916,734

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 director acknowledges his 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 director and authorised for issue on 7 July 2026 and were signed by:

Mr M W Roberts - Director

1.	STATUTORY INFORMATION

M. Roberts and Sons 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:

02763448

Registered office:

The Old Coal Yard

Glanydon Industrial Estate

PWLLHELI

Gwynedd

LL53 5YT

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 as modified by the revaluation of certain assets.

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 a business in 2010, is being amortised evenly over its estimated useful life of four 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.

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 Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

621,000

AMORTISATION

At 1 November 2024

461,000

Charge for year

40,000

At 31 October 2025

501,000

NET BOOK VALUE

At 31 October 2025

120,000

At 31 October 2024

160,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST OR VALUATION

At 1 November 2024

4,203,656

878,151

5,081,807

Additions

-

258,844

Disposals

-

(34,320

)

(34,320

)

At 31 October 2025

4,203,656

1,102,675

5,306,331

DEPRECIATION

At 1 November 2024

-

478,787

Charge for year

-

140,124

Eliminated on disposal

-

(8,580

)

(8,580

)

At 31 October 2025

-

610,331

NET BOOK VALUE

At 31 October 2025

4,203,656

492,344

4,696,000

At 31 October 2024

4,203,656

399,364

4,603,020

Cost or valuation at 31 October 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

Valuation in 2010

580,081

-

580,081

Cost

3,623,575

1,102,675

4,726,250

4,203,656

1,102,675

5,306,331

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31.10.25

31.10.24

£

Cost

319,919

Value of land in freehold land and buildings

319,919

Freehold land and buildings were valued on an open market basis on 25 August 2009 by Charles F Jones & Son LLP .

6.

DEBTORS

31.10.25

31.10.24

£

Amounts falling due within one year:

Trade debtors

19,363

25,394

Other debtors

107,464

62,299

126,827

87,693

Amounts falling due after more than one year:

Amounts owed by associates

115,000

50,000

Aggregate amounts

241,827

137,693

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Bank loans and overdrafts

119,699

213,426

Hire purchase contracts

18,875

15,379

Trade creditors

101,728

98,075

Taxation and social security

140,811

80,836

Other creditors

195,201

122,016

576,314

529,732

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.10.25

31.10.24

£

Bank loans

1,497,304

1,462,207

Hire purchase contracts

10,125

2,375

Amounts owed to associates

28,280

Other creditors

940,000

2,475,709

2,432,862

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,259,088

765,983

9.

RESERVES

Revaluation

reserve

£

At 1 November 2024

and 31 October 2025

580,081

10.	RELATED PARTY DISCLOSURES

Included in creditors is an amount of £1,104,716 (2024: £1,038,716) owing to Mr. M. W. Roberts, a director of the company. Mr. Roberts undertakes not to draw down on this loan to the detriment of the company.

The loan is repayable on demand and interest-free.

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr. M.W. Roberts (director) and Mrs. M. Roberts (company secretary) who own 100% of the Ordinary A shares.