REGISTERED NUMBER: 00441702 (England and Wales)

RICHARD GENT LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

423,806

409,633

Investments

5

1,000

1,000

424,806

410,633

CURRENT ASSETS

Stocks

44,045

43,480

Debtors

6

151,635

211,792

Prepayments and accrued income

3,891

5,189

Cash at bank and in hand

1,004

1,279

200,575

261,740

CREDITORS

Amounts falling due within one year

7

332,135

306,408

NET CURRENT LIABILITIES

(131,560

)

(44,668

)

TOTAL ASSETS LESS CURRENT LIABILITIES

293,246

365,965

CREDITORS

Amounts falling due after more than one year

8

(70,365

)

(96,213

)

PROVISIONS FOR LIABILITIES

(29,381

)

(28,186

)

ACCRUALS AND DEFERRED INCOME

(25,478

)

(24,872

)

NET ASSETS

168,022

216,694

CAPITAL AND RESERVES

Called up share capital

10

7,800

7,800

Retained earnings

160,222

208,894

SHAREHOLDERS' FUNDS

168,022

216,694

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 and authorised for issue by the Board of Directors and authorised for issue on 27 April 2026 and were signed on its behalf by:

T C Nowlan - Director

Mrs K J Gascoyne - Director

1.	STATUTORY INFORMATION

Richard Gent 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:

00441702

Registered office:

81-87 Sanders Road

Finedon Road Industrial Estate

Wellingborough

Northamptonshire

NN8 4PP

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 represents amounts (excluding value added tax) derived from the provision of goods and services to customers during the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on cost, 20% on cost, 10% and 20% on cost and 10% on cost

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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 calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Debtors and creditors

Debtors receivable / creditors payable within one year are measured at transaction price (less any impairment losses on debtors for bad and doubtful debts). Loans and other financial assets / liabilities are initially measured at transaction price and subsequently measured at amortised cost determined using the effective interest method (less any impairment losses on debtors) for bad and doubtful debts.

Any losses arising from impairment are recognised in the profit and loss account.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 year was 18 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 December 2024

292,658

2,274,306

2,566,964

Additions

-

69,268

69,268

Disposals

-

(134,531

)

(134,531

)

At 30 November 2025

292,658

2,209,043

2,501,701

DEPRECIATION

At 1 December 2024

183,444

1,973,887

2,157,331

Charge for year

2,929

50,434

53,363

Eliminated on disposal

-

(132,799

)

(132,799

)

At 30 November 2025

186,373

1,891,522

2,077,895

NET BOOK VALUE

At 30 November 2025

106,285

317,521

423,806

At 30 November 2024

109,214

300,419

409,633

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 December 2024

272,353

Additions

66,181

Transfer to ownership

(17,490

)

At 30 November 2025

321,044

DEPRECIATION

At 1 December 2024

82,384

Charge for year

30,941

Transfer to ownership

(13,556

)

At 30 November 2025

99,769

NET BOOK VALUE

At 30 November 2025

221,275

At 30 November 2024

189,969

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 December 2024

and 30 November 2025

1,000

NET BOOK VALUE

At 30 November 2025

1,000

At 30 November 2024

1,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

151,635

211,792

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

133,633

124,506

Hire purchase contracts

66,807

56,277

Trade creditors

94,919

82,316

Taxation and social security

34,543

40,913

Other creditors

2,233

2,396

332,135

306,408

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

9,259

Hire purchase contracts

70,365

86,954

70,365

96,213

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

124,374

85,617

Bank loans

9,259

48,148

Hire purchase contracts

137,172

143,231

270,805

276,996

The security held are fixed and floating charges over all property and assets.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

7,800

Ordinary

£1.00

7,800

7,800

11.	OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amounted to £1,784,250 (2024 - £1,811,700).

12.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is Glazier Limited, incorporated in England and Wales. Glazier Limited's registered office is 3 Weekley Wood Close, Kettering, Northamptonshire, NN14 1UQ.