R Potato Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07963592

R Potato Limited

Filleted Unaudited Financial Statements

For the year ended

31 March 2026

R Potato Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5		172,848		61,261

Current assets

Debtors	6	736,005	812,010
Cash at bank and in hand		59,723	86,652
		---------	---------
		795,728	898,662

Creditors: amounts falling due within one year	7	706,442		752,118
		---------		---------
Net current assets			89,286		146,544
			---------		---------
Total assets less current liabilities			262,134		207,805

Creditors: amounts falling due after more than one year	8		–		5,834

Provisions	34,721	4,960
	---------	---------
Net assets	227,413	197,011
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	227,313	196,911
	---------	---------
Shareholders funds	227,413	197,011
	---------	---------

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 March 2026 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 .

R Potato Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 27 August 2026 , and are signed on behalf of the board by:

Mr R Pearson

Director

Company registration number: 07963592

R Potato Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Lushington House, 119 High Street, Newmarket, Suffolk, CB8 9AE.

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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised usually on despatch of the goods, the amount of revenue can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. 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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

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

Plant and machinery	-	15% straight line
Motor vehicles	-	15% reducing balance
Equipment	-	15% straight line

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 2 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 April 2025	–	–	88,431	88,431
Additions	23,157	98,816	9,775	131,748
	--------	--------	--------	---------
At 31 March 2026	23,157	98,816	98,206	220,179
	--------	--------	--------	---------
Depreciation
At 1 April 2025	–	–	27,170	27,170
Charge for the year	2,540	3,929	13,692	20,161
	--------	--------	--------	---------
At 31 March 2026	2,540	3,929	40,862	47,331
	--------	--------	--------	---------
Carrying amount
At 31 March 2026	20,617	94,887	57,344	172,848
	--------	--------	--------	---------
At 31 March 2025	–	–	61,261	61,261
	--------	--------	--------	---------

6. Debtors

	2026	2025
	£	£
Trade debtors	697,934	768,642
Other debtors	38,071	43,368
	---------	---------
	736,005	812,010
	---------	---------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	5,834	10,000
Trade creditors	655,046	726,665
Social security and other taxes	34,684	–
Other creditors	10,878	15,453
	---------	---------
	706,442	752,118
	---------	---------

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	–	5,834
	----	-------

9. Directors' advances, credits and guarantees

The company operated a directors loan account throughout the current and previous year. Interest is charged at the official HM Revenue & Customs rate on any overdrawn balances in excess of £10,000. There were no specific repayment terms.

	2026	2025
	£	£
Advances	122,523	60,407
Repayments	122,523	60,407