R.T. ELLIOTT LIMITED

R.T. ELLIOTT LIMITED
Contents Page
For the year ended 31 December 2025

Statement of Financial Position	1
Notes to the Financial Statements	2

R.T. ELLIOTT LIMITED
Statement of Financial Position
As at 31 December 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	65,714	68,706
		65,714	68,706
Current assets
Stocks		30,120	48,310
Debtors		181,427	176,494
Cash at bank and in hand		134,200	101,393
		345,747	326,197
Creditors: amount falling due within one year		(210,631)	(311,150)
Net current assets		135,116	15,047

Total assets less current liabilities		200,830	83,753
Creditors: amount falling due after more than one year		(55,502)	(55,502)
Provisions for liabilities		(388)	(630)
Net assets		144,940	27,621

Capital and reserves
Called up share capital		1,050	1,050
Profit and loss account		143,890	26,571
Shareholders' funds		144,940	27,621

For the year ended 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 accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 22 September 2026 and were signed on its behalf by:

-------------------------------
Zahid AHMED
Director

1

R.T. ELLIOTT LIMITED
Notes to the Abridged Financial Statements
For the year ended 31 December 2025

General Information

R.T. ELLIOTT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 01128021, registration address Burleigh Medical Centre, Burleigh Street, Barnsley, South Yorkshire, S70 1XY.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	20% Reducing Balance
Motor Vehicles	25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 10 (2024 : 11).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Motor Vehicles	Fixtures and Fittings	Total
	£	£	£	£
At 01 January 2025	81,941	1,800	21,048	104,789
Additions	-	-	-	-
Disposals	-	-	-	-
At 31 December 2025	81,941	1,800	21,048	104,789
Depreciation
At 01 January 2025	15,241	788	20,054	36,083
Charge for year	2,540	253	199	2,992
On disposals	-	-	-	-
At 31 December 2025	17,781	1,041	20,253	39,075
Net book values
Closing balance as at 31 December 2025	64,160	759	795	65,714
Opening balance as at 01 January 2025	66,700	1,012	994	68,706

2