REGISTERED NUMBER: 02797885 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

R E BUILDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr DT Eastham

Mrs RL Rawsthorne

Mr N Rawsthorne

REGISTERED OFFICE:

Spout House Barn

Bay Horse

Lancaster

LA2 9DE

REGISTERED NUMBER:

02797885 (England and Wales)

ACCOUNTANTS:

BCS (North West) Limited

95 King Street

Lancaster

Lancashire

LA1 1RH

FIXED ASSETS

Tangible assets

4

2,045,133

1,475,675

CURRENT ASSETS

Stocks

248,859

332,344

Debtors

5

1,290,669

198,548

Cash at bank

1,550,418

2,652,945

3,089,946

3,183,837

CREDITORS

Amounts falling due within one year

6

1,219,910

1,020,607

NET CURRENT ASSETS

1,870,036

2,163,230

TOTAL ASSETS LESS CURRENT LIABILITIES

3,915,169

3,638,905

PROVISIONS FOR LIABILITIES

280,461

239,326

NET ASSETS

3,634,708

3,399,579

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

7

277,953

277,953

Retained earnings

7

3,356,655

3,121,526

3,634,708

3,399,579

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24th September 2026 and were signed on its behalf by:

Mrs RL Rawsthorne - Director

Mr DT Eastham - Director

Mr N Rawsthorne - Director

1.	STATUTORY INFORMATION

R E Buildings 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.

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.

Freehold property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 28 (2024 - 29 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st January 2025

487,467

1,008,715

620,344

2,987

2,119,513

Additions

449,650

296,487

160,040

1,501

907,678

Disposals

-

(185,000

)

-

-

(185,000

)

At 31st December 2025

937,117

1,120,202

780,384

4,488

2,842,191

DEPRECIATION

At 1st January 2025

-

396,568

246,962

308

643,838

Charge for year

42,877

113,002

112,719

1,108

269,706

Eliminated on disposal

-

(116,486

)

-

-

(116,486

)

At 31st December 2025

42,877

393,084

359,681

1,416

797,058

NET BOOK VALUE

At 31st December 2025

894,240

727,118

420,703

3,072

2,045,133

At 31st December 2024

487,467

612,147

373,382

2,679

1,475,675

Included in Freehold Property are the workshops and yard which were revalued on 15 September 2025 at £487,467 based on a valuation prepared by Richard D Furnival BSc(Hons) MRICS FAAV of Armitstead Barnett LLP. The historical cost of the assets is £209,514.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

(21,265

)

(62,589

)

Other debtors

1,311,934

261,137

1,290,669

198,548

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

726,778

724,232

Taxation and social security

406,865

267,391

Other creditors

86,267

28,984

1,219,910

1,020,607

7.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1st January 2025

3,121,526

277,953

3,399,479

Profit for the year

535,129

535,129

Dividends

(300,000

)

(300,000

)

At 31st December 2025

3,356,655

277,953

3,634,608

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company made interest-free advances to a director amounting to £909,348 (2024: £0).