REGISTERED NUMBER: 00458145 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 October 2025

for

Robert Dixon Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Dixon

L Dixon

E J Dixon

REGISTERED OFFICE:

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

BUSINESS ADDRESS:

Bonningtons

Stansted Road

Hunsdon

Hertfordshire

SG12 8PS

REGISTERED NUMBER:

00458145 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

4

1,376,977

1,274,023

Investments

5

10,949

10,949

Investment property

6

3,305,000

5,302,500

4,692,926

6,587,472

CURRENT ASSETS

Stocks

4,036,503

4,180,218

Debtors

1,022,394

978,307

Cash at bank and in hand

4,338,814

5,981,593

9,397,711

11,140,118

CREDITORS

Amounts falling due within one year

1,204,847

1,269,520

NET CURRENT ASSETS

8,192,864

9,870,598

TOTAL ASSETS LESS CURRENT LIABILITIES

12,885,790

16,458,070

PROVISIONS FOR LIABILITIES

7

867,389

1,340,860

NET ASSETS

12,018,401

15,117,210

CAPITAL AND RESERVES

Called up share

8

886

886

Revaluation reserve

9

267,909

192,909

Capital redemption reserve

114

114

Non distributable reserves

2,308,789

3,806,913

Retained earnings

9,440,703

11,116,388

SHAREHOLDERS' FUNDS

12,018,401

15,117,210

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 October 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 1 July 2026 and were signed on its behalf by:

L Dixon - Director

1.	STATUTORY INFORMATION

Robert Dixon 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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

Preparation of consolidated financial statements

The financial statements contain information about Robert Dixon Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents sales to external customers at invoiced amounts less value added tax. Income is received from tenants for occupation of properties and the recharging of associated servies, and for membership to the golf course. Income is recognised over the period to which it relates.

Turnover arising from the sale of property is recognised on the date of when there is an exchange of contracts.

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.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Disposals of land and property are accounted for on completion.

No charge has been made for depreciation on freehold buildings. This is due to the residual value of the buildings being considered to be not less than current net book value having regard to the continued refurbishment works that have occurred and that are continuing to take place in forthcoming years.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 items.Cost is based on the cost of purchase on a first in, first out basis. Net realisable value is based on estimated selling price less additional costs to completion and disposal.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortized cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method

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.

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.

Valuation of investments

Investments held as fixed assets are stated at cost less any provision for impairment. Investments held as current assets are stated at the lower of cost and net realisable value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 29 October 2024

1,579,278

Additions

4,246

Revaluations

100,000

At 28 October 2025

1,683,524

DEPRECIATION

At 29 October 2024

305,255

Charge for year

1,292

At 28 October 2025

306,547

NET BOOK VALUE

At 28 October 2025

1,376,977

At 28 October 2024

1,274,023

Cost or valuation at 28 October 2025 is represented by:

Totals

£

Valuation in 2011

(53,574

)

Valuation in 2013

510,786

Valuation in 2020

(200,000

)

Valuation in 2025

100,000

Cost

1,326,312

1,683,524

The company's freehold property was revalued as at 28 October 2025, following the valuation undertaken by John Arkwright & Co, a professional qualified independent Chartered Surveyor. The valuation report was undertaken by John Arkwright & Co on 8 August 2025. The Directors consider the movement in valuation from the valuation report date to the revaluation date, to be material. The historical cost of these assets was £982,788 (October 2024: £982,788).

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 29 October 2024

and 28 October 2025

11,049

PROVISIONS

At 29 October 2024

and 28 October 2025

100

NET BOOK VALUE

At 28 October 2025

10,949

At 28 October 2024

10,949

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 29 October 2024

5,302,500

Impairments

(1,997,500

)

At 28 October 2025

3,305,000

NET BOOK VALUE

At 28 October 2025

3,305,000

At 28 October 2024

5,302,500

The company's freehold property was revalued as at 28 October 2025, following the valuation undertaken by John Arkwright & Co, a professional qualified independent Chartered Surveyor. The valuation report was undertaken by John Arkwright & Co on 8 August 2025. The Directors consider the movement in valuation from the valuation report date to the revaluation date, to be material. The historical cost of the Investment property held at 28 October 2025 is £219,115 (October 2024: £219,115).

Fair value at 28 October 2025 is represented by:

£

Valuation in 2021

5,083,385

Valuation in 2025

(1,997,500

)

Cost

219,115

3,305,000

7.	PROVISIONS FOR LIABILITIES

28.10.25

28.10.24

£

£

Deferred tax

Accelerated capital allowances

8,490

7,585

Revaluations

858,899

1,333,275

867,389

1,340,860

Deferred

tax

£

Balance at 29 October 2024

1,340,860

Accelerated capital allowances

905

Property revaluation

(474,376

)

Balance at 28 October 2025

867,389

8.	CALLED UP SHARE

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.10.25

28.10.24

value:

£

£

886

Ordinary

£1

886

886

9.

RESERVES

Revaluation

reserve

£

At 29 October 2024

192,909

Transfer

75,000

At 28 October 2025

267,909

10.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £4,403 (October 2024: £2,854). The pension contributions outstanding at the period end amounted to £365 (October 2024: £96).

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £1,037,610 were paid to the directors .

During the year consultancy fees of £Nil (October 2024: £2,708) were paid to Edward Dixon Pty Ltd, a company registered in Australia in which Edward Dixon is also a director.

Included within others creditors is £997,361 owed to the shareholders of the company (2024: £NIL).