Rhubarb Seating Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07625650

Rhubarb Seating Limited

Filleted Unaudited Financial Statements

31 December 2025

Rhubarb Seating Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Intangible assets	5	19,255	20,762
Tangible assets	6	27,297	33,993
		--------	--------
		46,552	54,755

Current assets

Stocks		176,839	194,755
Debtors	7	219,180	310,486
Cash at bank and in hand		133,714	258,717
		---------	---------
		529,733	763,958

Creditors: amounts falling due within one year	8	209,766		224,353
		---------		---------
Net current assets			319,967	539,605
			---------	---------
Total assets less current liabilities			366,519	594,360
			---------	---------
Net assets			366,519	594,360
			---------	---------

Capital and reserves

Called up share capital	127	127
Profit and loss account	366,392	594,233
	---------	---------
Shareholders funds	366,519	594,360
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Rhubarb Seating Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 18 September 2026 , and are signed on behalf of the board by:

Mr DP Matthews

Director

Company registration number: 07625650

Rhubarb Seating Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 8 Dormer Road, Thame, Oxfordshire, OX9 3UD.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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 is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Design Rights	-	7 Years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold Improvements	-	Over the life of the lease
Plant & Machinery	-	10.00% to 33.33% Straight line
Motor Vehicles	-	25.00% to 33.33% Straight line
Office Equipment	-	33.33% Straight line or over 12 months

Stocks

Stocks are measured 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 the stock to its present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 14 (2024: 16 ).

5. Intangible assets

	Patents, trademarks and licences
	£
Cost
At 1 January 2025	21,800
Additions	1,800
	--------
At 31 December 2025	23,600
	--------
Amortisation
At 1 January 2025	1,038
Charge for the year	3,307
	--------
At 31 December 2025	4,345
	--------
Carrying amount
At 31 December 2025	19,255
	--------
At 31 December 2024	20,762
	--------

6. Tangible assets

	Land and buildings	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 January 2025	99,290	215,680	85,667	47,605	448,242
Additions	731	10,201	–	11,170	22,102
	---------	---------	--------	--------	---------
At 31 December 2025	100,021	225,881	85,667	58,775	470,344
	---------	---------	--------	--------	---------
Depreciation
At 1 January 2025	97,931	197,513	81,541	37,264	414,249
Charge for the year	865	12,722	3,300	11,911	28,798
	---------	---------	--------	--------	---------
At 31 December 2025	98,796	210,235	84,841	49,175	443,047
	---------	---------	--------	--------	---------
Carrying amount
At 31 December 2025	1,225	15,646	826	9,600	27,297
	---------	---------	--------	--------	---------
At 31 December 2024	1,359	18,167	4,126	10,341	33,993
	---------	---------	--------	--------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	169,610	221,491
Other debtors	49,570	88,995
	---------	---------
	219,180	310,486
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	101,132	103,844
Social security and other taxes	25,786	52,823
Other creditors	82,848	67,686
	---------	---------
	209,766	224,353
	---------	---------

9. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	209,000	209,000
Later than 1 year and not later than 5 years	52,250	261,250
	---------	---------
	261,250	470,250
	---------	---------

10. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value
	2025	2024
	£	£
Services provided by Companies under common control	99,087	90,260
	--------	--------

All the above transactions were entered into on terms equivalent to those that prevail in arm's length transactions.