REGISTERED NUMBER: 06481570 (England and Wales)

ROBERTS DYERS & FINISHERS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

Page

Balance Sheet

1

Notes to the Financial Statements

2

to

7

FIXED ASSETS

Tangible assets

4

1,257,577

1,504,082

CURRENT ASSETS

Stocks

126,886

90,634

Debtors

5

263,250

404,871

Cash at bank and in hand

-

576

390,136

496,081

CREDITORS

Amounts falling due within one year

6

393,001

402,349

NET CURRENT (LIABILITIES)/ASSETS

(2,865

)

93,732

TOTAL ASSETS LESS CURRENT LIABILITIES

1,254,712

1,597,814

CREDITORS

Amounts falling due after more than one year

7

(129,580

)

(368,360

)

PROVISIONS FOR LIABILITIES

(79,518

)

(119,853

)

NET ASSETS

1,045,614

1,109,601

CAPITAL AND RESERVES

Called up share capital

10

135,010

10

Revaluation reserve

18,918

222,771

Retained earnings

891,686

886,820

SHAREHOLDERS' FUNDS

1,045,614

1,109,601

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 20th July 2026 and were signed on its behalf by:

D R Watts - Director

1.	STATUTORY INFORMATION

Roberts Dyers & Finishers 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:

06481570

Registered office:

Royd Works, Royd Lane

Keighley

West Yorkshire

BD20 6BN

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the applicable accounting standards including 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 on a going concern basis under the historical cost convention modified to include certain items at historical fair value.

The financial statements are presented in Pounds Sterling which is the functional currency of the company and rounded to the nearest pound.

Going concern

The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget, future cash flows and working capital requirements in making their assessment. Based on these assessments, given the measures that could be undertaken to mitigate the current uncertain wider economic conditions, and the current resources available, the Directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and account. These measures include confirmation of the ongoing support of the shareholders which has been confirmed in writing and includes the provision of additional funds if and when needed and the renewal of the overdraft facility. The Directors are satisfied that there is no material uncertainty in relation to going concern, based primarily on this support from the shareholders.

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

Tangible fixed assets are stated at cost (or historical fair value) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

- 2% straight line

Plant and machinery

- 5% straight line

Fixtures and fittings

- 10% straight line

Motor Vehicles

- 20% straight line

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to the statement of comprehensive income at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.

Grants of a revenue nature are recognised in the statement of comprehensive income in the same period as the related expenditure.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Work in progress is valued on the basis of the stage of completion of pieces in progress at the year end. A provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Financial instruments

The company only enters into transactions in ‘basic’ financial instruments which result in the recognition of assets and liabilities; these include trade and other debtors and creditors, bank balances, loans from banks and other third parties, and loans to related parties. These are recognised in the company’s balance sheet when it becomes party to the contractual provisions of the instrument.

Basic financial assets (other than those classified as payable within one year) are initially measured at cost and are subsequently carried at cost or amortised cost using the effective interest method, less any impairment losses. Basic financial assets classed as receivable within one year are not amortised.

Basic financial liabilities (other than those classified as payable within one year) are initially measured at present value of future cash flows and subsequently at amortised cost using the effective interest method. Basic financial liabilities classed as payable within one year are not amortised.

Financial assets and liabilities are offset, with the net amount reported in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Foreign currencies

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the statement of comprehensive income except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in the statement of comprehensive income within 'other operating income'.

Hire purchase and leasing commitments

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.

Borrowing costs

All borrowing costs are recognised in the statement of comprehensive income in the year in which they are incurred.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the statement of comprehensive income in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

Employee benefits

Short term employee benefits, including holiday pay and other similar non-monetary benefits, are recognised as an expense in the period in which they are incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2024 - 31 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1st January 2025

81,158

2,283,632

33,503

40,595

2,438,888

Additions

-

15,815

1,045

14,205

31,065

Disposals

-

(303,772

)

-

(40,595

)

(344,367

)

At 31st December 2025

81,158

1,995,675

34,548

14,205

2,125,586

DEPRECIATION

At 1st January 2025

14,063

865,717

23,259

31,767

934,806

Charge for year

1,623

102,673

1,743

4,733

110,772

Eliminated on disposal

-

(142,490

)

-

(35,079

)

(177,569

)

At 31st December 2025

15,686

825,900

25,002

1,421

868,009

NET BOOK VALUE

At 31st December 2025

65,472

1,169,775

9,546

12,784

1,257,577

At 31st December 2024

67,095

1,417,915

10,244

8,828

1,504,082

During the periods ended 31 December 2008 and 2013 the plant and machinery assets were revalued. The plant and machinery cost shown above represents the 2013 revaluation fair value and the additions from subsequent years at cost.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

224,094

284,245

Other debtors

39,156

120,626

263,250

404,871

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

37,262

111,158

Hire purchase contracts (see note 8)

-

3,773

Trade creditors

150,261

120,927

Taxation and social security

47,577

44,175

Other creditors

157,901

122,316

393,001

402,349

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 8)

-

12,668

Other creditors

129,580

355,692

129,580

368,360

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

-

3,773

Between one and five years

-

12,668

-

16,441

Non-cancellable

operating leases

2025

2024

£

£

Within one year

11,058

3,773

Between one and five years

28,812

12,668

39,870

16,441

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

37,262

111,158

Hire purchase contracts

-

16,441

Other loans

61,472

83,374

98,734

210,973

The bank overdraft is secured by a fixed and floating charge.

The hire purchase liability is secured against the relevant fixed asset.

The other loans relate to the financing of specific assets in a similar manner to standard hire purchase/finance lease arrangements.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

10

Ordinary

£1

10

10

135,000

Ordinary non voting

£1

135,000

-

135,010

10

In accordance with a loan conversion agreement dated 9th December 2025, Mr D R Watt's loan to the company which totalled £135,000 was converted into 135,000 £1 Ordinary shares which are non-voting and do not carry rights to dividends or other distributions. These shares have been issued and allotted as fully paid pursuant to the capitalisation and conversion.

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Christopher Darwin (Senior Statutory Auditor)

for and on behalf of Thomas Coombs Limited

12.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The pension cost charge represents contributions payable by the company to the fund and amounted to£12,155 (2024: £15,221). Contributions totalling £2,858 (2024: £3,635) were payable to the fund at the year end and are included in creditors.

13.	RELATED PARTY DISCLOSURES

No transactions with related parties were undertaken such as are required to be disclosed under Section 1A of FRS 102.