REGISTERED NUMBER: 03113241 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

D & R RACKING LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

D E Rogers

Mrs A L McElvenney

SECRETARY:

Mrs A L McElvenney

REGISTERED OFFICE:

34 Waterloo Road

Wolverhampton

West Midlands

WV1 4DG

REGISTERED NUMBER:

03113241 (England and Wales)

ACCOUNTANTS:

Crombies Accountants Limited

Chartered Accountants

34 Waterloo Road

Wolverhampton

West Midlands

WV1 4DG

FIXED ASSETS

Tangible assets

4

134,265

115,629

CURRENT ASSETS

Stocks

53,000

104,400

Debtors

5

927,314

560,845

Prepayments and accrued income

25,523

24,196

Cash at bank

430,360

567,699

1,436,197

1,257,140

CREDITORS

Amounts falling due within one year

6

490,047

345,283

NET CURRENT ASSETS

946,150

911,857

TOTAL ASSETS LESS CURRENT LIABILITIES

1,080,415

1,027,486

CREDITORS

Amounts falling due after more than one year

7

(36,884

)

-

PROVISIONS FOR LIABILITIES

(33,600

)

(29,000

)

NET ASSETS

1,009,931

998,486

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,009,831

998,386

SHAREHOLDERS' FUNDS

1,009,931

998,486

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2026 and were signed on its behalf by:

Mrs A L McElvenney - Director

1.	STATUTORY INFORMATION

D & R Racking Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with 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 under the historical cost convention.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

60,550

16,050

241,699

299

318,598

Additions

-

855

92,747

1,314

94,916

Disposals

-

-

(35,750

)

-

(35,750

)

At 31 December 2025

60,550

16,905

298,696

1,613

377,764

DEPRECIATION

At 1 January 2025

54,162

4,507

144,225

75

202,969

Charge for year

2,665

3,977

45,703

102

52,447

Eliminated on disposal

-

-

(11,917

)

-

(11,917

)

At 31 December 2025

56,827

8,484

178,011

177

243,499

NET BOOK VALUE

At 31 December 2025

3,723

8,421

120,685

1,436

134,265

At 31 December 2024

6,388

11,543

97,474

224

115,629

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

92,747

At 31 December 2025

92,747

DEPRECIATION

Charge for year

17,444

At 31 December 2025

17,444

NET BOOK VALUE

At 31 December 2025

75,303

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

247,003

198,751

Amounts owed by group undertakings

643,923

308,706

Other debtors

36,388

53,388

927,314

560,845

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

19,790

8,403

Trade creditors

335,559

202,440

Taxation and social security

127,351

117,961

Other creditors

7,347

16,479

490,047

345,283

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

36,884

-

8.	SECURED DEBTS

The following secured debts are included within creditors

Hire purchase contracts - £56,675

Hire Purchase creditors are secured by a charge over the assets to which they relate.