REGISTERED NUMBER: 01797904 (England and Wales)

R.A. and K.M. Garrett Limited

Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R A Garrett

Mrs C V Davies

REGISTERED OFFICE:

4 Pavilion Court

600 Pavilion Drive

Northampton Business Park

Northampton

Northamptonshire

NN4 7SL

REGISTERED NUMBER:

01797904 (England and Wales)

ACCOUNTANTS:

Kilby Fox

Chartered Accountants

4 Pavilion Court

600 Pavilion Drive

Northampton Business Park

Northampton

Northamptonshire

NN4 7SL

FIXED ASSETS

Tangible assets

4

77,103

87,028

CURRENT ASSETS

Stocks

5

10,450

7,645

Debtors

6

33,551

25,658

Cash at bank

45,962

48,465

89,963

81,768

CREDITORS

Amounts falling due within one year

7

127,609

124,972

NET CURRENT LIABILITIES

(37,646

)

(43,204

)

TOTAL ASSETS LESS CURRENT LIABILITIES

39,457

43,824

CREDITORS

Amounts falling due after more than one year

8

300

300

NET ASSETS

39,157

43,524

CAPITAL AND RESERVES

Called up share capital

2,000

2,000

Retained earnings

37,157

41,524

SHAREHOLDERS' FUNDS

39,157

43,524

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

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

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 5 August 2026 and were signed on its behalf by:

R A Garrett - Director

1.	STATUTORY INFORMATION

R.A. and K.M. Garrett 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.

Turnover

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

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

-

over the period of the lease

Plant and machinery

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Tractors & trailers

-

20% on reducing balance

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 NIL (2025 - 1 ).

4.	TANGIBLE FIXED ASSETS

Freehold

Property

Plant and

property

improvements

machinery

£

£

£

COST

At 1 April 2025

and 31 March 2026

106,261

17,290

104,562

DEPRECIATION

At 1 April 2025

86,441

17,290

67,821

Charge for year

150

-

3,674

At 31 March 2026

86,591

17,290

71,495

NET BOOK VALUE

At 31 March 2026

19,670

-

33,067

At 31 March 2025

19,820

-

36,741

Motor

Tractors

vehicles

& trailers

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

30,095

52,625

310,833

DEPRECIATION

At 1 April 2025

1,009

51,244

223,805

Charge for year

5,819

282

9,925

At 31 March 2026

6,828

51,526

233,730

NET BOOK VALUE

At 31 March 2026

23,267

1,099

77,103

At 31 March 2025

29,086

1,381

87,028

5.

STOCKS

2026

2025

£

£

Stocks

10,450

7,645

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Sundry debtors and prepayments

31,838

24,517

VAT

1,713

1,141

33,551

25,658

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other creditors

5,000

5,000

Directors' current accounts

100,518

100,686

Accruals and deferred income

22,091

19,286

127,609

124,972

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Dilapidation

300

300