RANGE RIGHT LIMITED


Directors	PETERS, Gillian Margaret
	PETERS, Jake Francis
	SAVILLE, Robert Eric


Company Secretary	PETERS, Gillian Margaret


Registered Address	Unit 4 Freemans Way
	Harrogate Business Park, Wetherby Road
	Harrogate
	HG3 1DH


Registered Number	03218118 (England and Wales)

Statement of Financial Position
30 June 2026

	Notes	2026		2025
		£	£	£	£
Current assets
Stocks		2,484,186		792,404
Debtors	4	1,489,142		806,947
Cash at bank and on hand		-		8,720
		3,973,328		1,608,071
Creditors amounts falling due within one year	5	(3,198,165)		(1,021,899)
Net current assets (liabilities)			775,163		586,172
Total assets less current liabilities			775,163		586,172
Net assets			775,163		586,172
Capital and reserves
Called up share capital			110		110
Share premium			7,654		7,654
Profit and loss account			767,399		578,408
Shareholders' funds			775,163		586,172

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 16 September 2026, and are signed on its behalf by:

PETERS, Gillian Margaret
Director
Registered Company No. 03218118

RANGE RIGHT LIMITED

Notes to the Financial Statements
for the year ended 30 June 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The directors believe that the company has adequate resources to continue in operational existence for the foreseeable future. The company continues to have the support of the director, shareholders and creditors therefore continue to adopt the going concern basis of accounting in preparing financial statements.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Employee benefits
	The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in accruals in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

Employee benefits

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. 

Contributions to defined contribution plans are expensed in the period to which they relate.  Amounts not paid are shown in accruals in the Statement of Financial Position.  The assets of the plan are held separately from the company in independently administered funds.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Land and buildings	10
	Plant and machinery	5
	Fixtures and fittings	5
	Office Equipment	2

	Finance leases and hire purchase contracts
	Rentals paid under operating leases are charged to profit or loss on a straight line basis over the lease term.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete the sale. The impairment loss is recognised immediately in the Income Statement.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	14		15

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 July 25	5,408	10,042	24,935	16,338	56,723
At 30 June 26	5,408	10,042	24,935	16,338	56,723
Depreciation and impairment
At 01 July 25	5,408	10,042	24,935	16,338	56,723
At 30 June 26	5,408	10,042	24,935	16,338	56,723
Net book value
At 30 June 26	-	-	-	-	-
At 30 June 25	-	-	-	-	-

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	1,477,316	792,660
Other debtors	9,569	12,030
Prepayments and accrued income	2,257	2,257
Total	1,489,142	806,947


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	2,233,317	302,497
Bank borrowings and overdrafts	187,204	159,167
Taxation and social security	296,860	193,669
Other creditors	441,708	329,488
Accrued liabilities and deferred income	39,076	37,078
Total	3,198,165	1,021,899


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Included within creditors, amounts falling due within one year, is an amount of £165,000 (2025 - £150,000) which is secured under personal guarantee.

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Included within creditors, amounts falling due within one year, is an amount of £165,000 (2025 - £150,000) which is secured under personal guarantee.

6.	Pension commitments
	The company operates a defined contribution scheme. The assets are held separately from those of the company in independently administered funds. The pension cost charge represents contributions payable by the company to the funds and amounted to £119,639 (2025 - £53,772).

7.	Other commitments
	At 30 June 2026 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods: Not later than 1 year £46,000 (2025 - £96,800) Later than 1 year and not later than 5 years £17,000 (2025 - £114,000)

8.	Related party transactions
	Included within other creditors, is an amount of £439,000 (2025 - £324,000) due to Mrs G M Peters. The balance is interest free and repayable on demand.