REGISTERED NUMBER: 04970056 (England and Wales)

Financial Statements for the Year Ended 30 November 2025

for

RK & JS Stothard Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R K Stothard

J S Stothard

SECRETARY:

J S Stothard

REGISTERED OFFICE:

The Barn

107 High Street

Scopwick

Lincoln

LN4 3NW

REGISTERED NUMBER:

04970056 (England and Wales)

ACCOUNTANTS:

Reeve & Co

Chartered Certified Accountants

Unit 1 Oak House Business Centre

Witham Park

Waterside South

Lincoln

LN5 7FB

FIXED ASSETS

965

Property, plant and equipment

4

29,241

CURRENT ASSETS

4,500

Inventories

4,500

21,639

Debtors

5

35,232

71,910

Cash at bank and in hand

33,931

98,049

73,663

CREDITORS

77,782

Amounts falling due within one year

6

66,527

20,267

NET CURRENT ASSETS

7,136

21,232

TOTAL ASSETS LESS CURRENT LIABILITIES

36,377

1,644

PROVISIONS FOR LIABILITIES

1,644

19,588

NET ASSETS

34,733

CAPITAL AND RESERVES

100

Called up share capital

100

19,488

Retained earnings

34,633

19,588

SHAREHOLDERS' FUNDS

34,733

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 by the Board of Directors and authorised for issue on 28 August 2026 and were signed on its behalf by:

R K Stothard - Director

J S Stothard - Director

1.	STATUTORY INFORMATION

RK & JS Stothard 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

Revenue 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Tools and equipment

-

20% on cost

Office equipment

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

Stocks

Inventories 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.

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.

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 3 (2024 - 3 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Tools and

Office

Motor

Computer

Totals

equipment

equipment

vehicles

equipment

£

£

£

£

£

COST

At 1 December 2024

66,906

4,174

1,653

55,848

5,231

Additions

29,617

3,499

-

25,404

714

At 30 November 2025

96,523

7,673

1,653

81,252

5,945

DEPRECIATION

At 1 December 2024

65,941

3,846

1,653

55,848

4,594

Charge for year

1,341

446

-

423

472

At 30 November 2025

67,282

4,292

1,653

56,271

5,066

NET BOOK VALUE

At 30 November 2025

29,241

3,381

-

24,981

879

At 30 November 2024

965

328

-

-

637

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

Motor

vehicles

£

COST

Additions

25,404

At 30 November 2025

25,404

DEPRECIATION

Charge for year

423

At 30 November 2025

423

NET BOOK VALUE

At 30 November 2025

24,981

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

33,138

18,375

Prepayments

2,094

3,264

35,232

21,639

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Hire purchase contracts

14,935

-

Trade creditors

29,788

44,253

Corporation tax

7,992

8,623

Social security and other taxes

2,804

2,751

VAT

4,876

14,453

Other creditors

6,103

5,141

Directors' current accounts

29

2,561

66,527

77,782