F. Peter Robinson Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00587315 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2026

for

F. Peter Robinson Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

F P Robinson

S J Robinson

SECRETARY:

H V Choules

REGISTERED OFFICE:

11 Northumberland Street

DARLINGTON

Co Durham

DL3 7HJ

REGISTERED NUMBER:

00587315 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

Great North House

20 Allington Way

DARLINGTON

Co Durham

DL1 4QB

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

19,785

20,794

Investment property

6

3,405,000

3,549,247

3,424,785

3,570,041

CURRENT ASSETS

Debtors

7

22,412

38,461

Cash at bank and in hand

134,847

140,757

157,259

179,218

CREDITORS

Amounts falling due within one year

8

(209,834

)

(254,136

)

NET CURRENT LIABILITIES

(52,575

)

(74,918

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,372,210

3,495,123

CREDITORS

Amounts falling due after more than one
year

9

(666,032

)

(845,147

)

PROVISIONS FOR LIABILITIES

12

(1,308

)

(758

)

NET ASSETS

2,704,870

2,649,218

CAPITAL AND RESERVES

Called up share capital

13

8,100

Revaluation reserve

260,033

357,670

Capital redemption reserve

2,000

Retained earnings

2,434,737

2,281,448

SHAREHOLDERS' FUNDS

2,704,870

2,649,218

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2026 and were signed on its behalf by:

F P Robinson - Director

1.	STATUTORY INFORMATION

F. Peter Robinson 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 as modified by the revaluation of certain assets.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with entities in which the company has a participating interest where transactions were conducted at a market rate.

Turnover

Turnover is the total of amounts receivable by the company in respect of auctioneer services provided, the sale of goods by auction, the rental income from the letting of investment properties and management fees, excluding VAT.

Income recognition

Income is recognised when a contract for the sale of services is determined as unconditional.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

over period of the lease

Fixtures and fittings

-

15% on reducing balance

Tangible fixed assets are measured at cost less accumulated depreciation and impairment.

Investment property

Investment property is shown at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Basic financial instruments are measured at amortised cost with changes recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

Leasing commitments

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2025 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Website

£

COST

At 1 June 2025

and 31 May 2026

11,550

AMORTISATION

At 1 June 2025

and 31 May 2026

11,550

NET BOOK VALUE

At 31 May 2026

-

At 31 May 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

leasehold

fittings

Totals

£

COST

At 1 June 2025

26,848

88,861

115,709

Additions

-

2,104

At 31 May 2026

26,848

90,965

117,813

DEPRECIATION

At 1 June 2025

25,743

69,172

94,915

Charge for year

111

3,002

3,113

At 31 May 2026

25,854

72,174

98,028

NET BOOK VALUE

At 31 May 2026

994

18,791

19,785

At 31 May 2025

1,105

19,689

20,794

6.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 June 2025

3,549,247

Disposals

(144,247

)

At 31 May 2026

3,405,000

NET BOOK VALUE

At 31 May 2026

3,405,000

At 31 May 2025

3,549,247

The valuation in 2023 was carried out by an independent valuer. The Directors have assessed the fair value of the properties at 31 May 2026 and consider there to be no material changes.

Cost or valuation at 31 May 2026 is represented by:

£

Valuation in 2015

1,523,032

Valuation in 2019

(1,045,000

)

Valuation in 2021

(109,659

)

Valuation in 2022

80,000

Valuation in 2023

2,246

Cost

2,954,381

3,405,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

12,932

24,628

Other debtors

1,031

1,224

Prepayments and accrued income

8,449

12,609

22,412

38,461

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

64,490

74,490

Trade creditors

45,713

61,714

Taxation and social security

68,913

50,422

Directors' current accounts

8,000

46,558

Accruals and deferred income

22,718

20,952

209,834

254,136

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans

666,032

845,147

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

Within one year

35,000

30,000

Between one and five years

70,000

90,000

105,000

120,000

Rent was increased in the current year from £30,000 per year to £35,000 per year.

11.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Bank Loans

730,522

919,637

The bank loan has fixed charges on the investment properties and a floating charge over the assets of the company.

12.	PROVISIONS FOR LIABILITIES

2026

2025

£

Deferred tax

1,308

758

Deferred

tax

£

Balance at 1 June 2025

758

Accelerated capital allowances

550

Balance at 31 May 2026

1,308

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

16,000

Ordinary

£0.50

8,000

100

Ordinary A

£0.50

50

100

Ordinary B

£0.50

50

8,100

14.	RELATED PARTY DISCLOSURES

2026

2025

£

Amounts owed to directors

8,000

46,558

No interest was charged.