REGISTERED NUMBER: 01814807 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Rateavon Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

V Crawley

K D Elliott

SECRETARY:

Mrs G Roberts

REGISTERED OFFICE:

11 Eagles Wood Business Park

Woodlands Lane

Bradley Stoke

Bristol

BS32 4EU

REGISTERED NUMBER:

01814807 (England and Wales)

ACCOUNTANTS:

Neil Hodge & Co Limited

Chartered Accountants

106a Commercial Street

Risca

Gwent

NP11 6EE

FIXED ASSETS

Tangible assets

4

532,262

537,118

Investments

5

100

100

532,362

537,218

CURRENT ASSETS

Stocks

26,451

66,451

Debtors

6

1,249,297

1,223,671

Cash at bank

1,716,419

2,626,264

2,992,167

3,916,386

CREDITORS

Amounts falling due within one year

7

808,818

1,232,540

NET CURRENT ASSETS

2,183,349

2,683,846

TOTAL ASSETS LESS CURRENT LIABILITIES

2,715,711

3,221,064

CREDITORS

Amounts falling due after more than one year

8

(27,603

)

(60,180

)

PROVISIONS FOR LIABILITIES

(73,000

)

(73,000

)

NET ASSETS

2,615,108

3,087,884

CAPITAL AND RESERVES

Called up share capital

10

400,002

400,002

Retained earnings

2,215,106

2,687,882

SHAREHOLDERS' FUNDS

2,615,108

3,087,884

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2026 and were signed on its behalf by:

K D Elliott - Director

1.	STATUTORY INFORMATION

Rateavon 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.

Preparation of consolidated financial statements

The financial statements contain information about Rateavon Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Plant and machinery etc

-

25% on cost, 25% on reducing balance and 20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

334,290

727,962

1,062,252

Additions

-

92,735

92,735

At 31 December 2025

334,290

820,697

1,154,987

DEPRECIATION

At 1 January 2025

90,923

434,211

525,134

Charge for year

7,351

90,240

97,591

At 31 December 2025

98,274

524,451

622,725

NET BOOK VALUE

At 31 December 2025

236,016

296,246

532,262

At 31 December 2024

243,367

293,751

537,118

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

100

NET BOOK VALUE

At 31 December 2025

100

At 31 December 2024

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

910,533

950,664

Other debtors

338,764

273,007

1,249,297

1,223,671

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

57,614

62,737

Trade creditors

135,991

468,593

Taxation and social security

544,900

611,866

Other creditors

70,313

89,344

808,818

1,232,540

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

27,603

60,180

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Hire purchase contracts

85,217

122,917

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

1p

1

1

100

Non voting A Shares

1p

1

1

400,000

Preference Shares

1.00

400,000

400,000

400,002

400,002

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

V Crawley

Balance outstanding at start of year

145,500

215,500

Amounts advanced

80,000

-

Amounts repaid

(80,000

)

(70,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

145,500

145,500

The directors loan carries no interest, and is repayable on demand.