Richard W. Tennant Limited

Richard W. Tennant Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	13,134,395	12,995,987
		13,134,395	12,995,987
Current assets
Stocks	4	221,272	252,195
Debtors	5	426,067	206,434
Cash at bank and in hand		5,194,580	4,750,764
		5,841,919	5,209,393
Creditors: amount falling due within one year	6	(1,117,717)	(685,581)
Net current assets		4,724,202	4,523,812

Total assets less current liabilities		17,858,597	17,519,799
Creditors: amount falling due after more than one year	7	(950,000)	(950,000)
Provisions for liabilities	8	(302,093)	(265,017)
Net assets		16,606,504	16,304,782

Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		16,605,504	16,303,782
Shareholders' funds		16,606,504	16,304,782

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 20 July 2026 and were signed on its behalf by:

-------------------------------
Simon Tennant
Director

Richard W. Tennant Limited
Notes to the Financial Statements
For the year ended 31 March 2026

General Information

Richard W. Tennant Limited is a private company, limited by shares, registered in England and Wales, registration number 02106074, registration address Wold House Farm , Driffield, East Yorkshire, YO25 3BB.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	10% Reducing Balance
Plant and Machinery	25% Reducing Balance
Motor Vehicles	25% & 10% Straight Line
Computer Equipment	33% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 7 (2025 : 7).

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£	£
At 01 April 2025	11,855,197	2,620,111	185,378	15,187	14,675,873
Additions	-	581,887	-	-	581,887
Disposals	-	(360,788)	-	-	(360,788)
At 31 March 2026	11,855,197	2,841,210	185,378	15,187	14,896,972
Depreciation
At 01 April 2025	82,180	1,460,817	122,483	14,406	1,679,886
Charge for year	116	252,327	23,699	470	276,612
On disposals	-	(193,921)	-	-	(193,921)
At 31 March 2026	82,296	1,519,223	146,182	14,876	1,762,577
Net book values
Closing balance as at 31 March 2026	11,772,901	1,321,987	39,196	311	13,134,395
Opening balance as at 01 April 2025	11,773,017	1,159,294	62,895	781	12,995,987

Stocks

	2026 £		2025 £
Stocks	221,272		252,195
	221,272		252,195

Debtors: amounts falling due within one year

	2026 £	2025 £
Trade Debtors	312,341	150,190
Prepayments & Accrued Income	43,044	45,213
Other Debtors	70,682	11,031
	426,067	206,434

Creditors: amount falling due within one year

	2026 £	2025 £
Trade Creditors	679,087	37,377
Corporation Tax	63,708	231,810
PAYE & Social Security	4,989	4,506
Accrued Expenses	17,590	13,890
Other Creditors	187,755	187,755
Directors' Current Accounts	164,588	210,243
	1,117,717	685,581

Creditors: amount falling due after more than one year

	2026 £		2025 £
Other Creditors	950,000		950,000
	950,000		950,000

Provisions for liabilities

	2026 £		2025 £
Deferred Tax	302,093		265,017
	302,093		265,017

Registered Number: 02106074
England and Wales
Unaudited Financial Statements

for the year ended 31 March 2026
for
RICHARD W. TENNANT LIMITED