RUD Chains Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01104572

RUD Chains Limited

Filleted Financial Statements

30 June 2026

RUD Chains Limited

Financial Statements

Year ended 30 June 2026

Contents	Page

Directors' responsibilities statement	1

Statement of financial position	2

Notes to the financial statements	3

RUD Chains Limited

Directors' Responsibilities Statement

Year ended 30 June 2026

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

RUD Chains Limited

Statement of Financial Position

30 June 2026

	2026		2025
			(restated)
Note	£	£	£

Fixed assets

Intangible assets	5	95,241	64,930
Tangible assets	6	635,115	659,504
		---------	---------
		730,356	724,434

Current assets

Stocks		1,850,318	1,728,232
Debtors	7	1,231,902	1,294,412
Cash at bank and in hand		1,026,729	871,366
		------------	------------
		4,108,949	3,894,010

Creditors: amounts falling due within one year	8	2,906,193		2,751,656
		------------		------------
Net current assets			1,202,756	1,142,354
			------------	------------
Total assets less current liabilities			1,933,112	1,866,788
			------------	------------
Net assets			1,933,112	1,866,788
			------------	------------

Capital and reserves

Called up share capital	303,000	303,000
Other reserves	375,390	388,600
Profit and loss account	1,254,722	1,175,188
	------------	------------
Shareholders funds	1,933,112	1,866,788
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 24 September 2026 , and are signed on behalf of the board by:

Mr J S Rieger

Director

Company registration number: 01104572

RUD Chains Limited

Notes to the Financial Statements

Year ended 30 June 2026

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Units 10-14 John Wilson Business Park, Thanet Way, Whitstable, Kent, CT5 3QT.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The judgements, estimates and assumptions that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows: (i) Purchase recognition - Directors recognise the purchases when significant risks and rewards of ownership are passed to them as buyer. They consider this has taken place on delivery and therefore record all deliveries not yet invoiced as accruals at the year end. (ii) Bad debt - Directors have included bad debt provisions for items which have not been paid between the year end date and the date of signing the accounts. Any debts which are in legal disputes have been reviewed and a proportions has been provided based on expected outcome. (iii) Useful economic life of fixed assets - The annual depreciation and amortisation charges are based upon management's assessment of the useful economic lives and residual values of the company's tangible assets. These are re-assessed annually and amended where necessary. (iv) Stock valuation - Stocks are measured at the lower of cost and estimated selling price less cost to complete and sell.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the 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.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value. Website costs will be amortised over its the useful economic life once production has been completed.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Website	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Land and buildings	-	4% reducing balance
Plant and machinery	-	20% straight line
Fixtures and fittings	-	10% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 16 (2025: 16 ).

5. INTANGIBLE ASSETS

	Website costs
	£
Cost
At 1 July 2025 (as restated)	115,156
Additions	57,301
	---------
At 30 June 2026	172,457
	---------
Amortisation
At 1 July 2025	50,226
Charge for the year	26,990
	---------
At 30 June 2026	77,216
	---------
Carrying amount
At 30 June 2026	95,241
	---------
At 30 June 2025	64,930
	---------

6. TANGIBLE ASSETS

	Land and buildings	Plant and machinery	Fixtures and fittings	Total
	£	£	£	£
Cost
At 1 July 2025 (as restated)	700,000	87,993	199,040	987,033
Additions	2,517	6,846	7,644	17,007
Disposals	–	( 10,489)	( 27,200)	( 37,689)
	---------	--------	---------	---------
At 30 June 2026	702,517	84,350	179,484	966,351
	---------	--------	---------	---------
Depreciation
At 1 July 2025	158,439	60,720	108,370	327,529
Charge for the year	17,529	10,500	13,367	41,396
Disposals	–	( 10,489)	( 27,200)	( 37,689)
	---------	--------	---------	---------
At 30 June 2026	175,968	60,731	94,537	331,236
	---------	--------	---------	---------
Carrying amount
At 30 June 2026	526,549	23,619	84,947	635,115
	---------	--------	---------	---------
At 30 June 2025	541,561	27,273	90,670	659,504
	---------	--------	---------	---------

Included in freehold property is land with a value of £103,344 which is not being depreciated. If carried at historic cost land and buildings would be held at the year end at a net book value of £148,643 (2025: £152,961).

7. DEBTORS

	2026	2025
		(restated)
	£	£
Trade debtors	1,084,594	1,136,823
Other debtors	147,308	157,589
	------------	------------
	1,231,902	1,294,412
	------------	------------

8. CREDITORS: amounts falling due within one year

	2026	2025
		(restated)
	£	£
Trade creditors	102,026	312,931
Amounts owed to group undertakings and undertakings in which the company has a participating interest	2,347,738	1,859,633
Social security and other taxes	298,629	288,034
Other creditors	157,800	291,058
	------------	------------
	2,906,193	2,751,656
	------------	------------

Advances from factors are secured by a fixed and floating charge over the property and all other assets.

Bank loans and overdraft are secured by a fixed and floating charge over the property and all other assets.

9. PRIOR PERIOD ERRORS

A prior period adjustment has been recognised in respect of the stock provision recorded in the previous year. Following a review, it was determined that the provision had been overstated and was not in accordance with the requirements of FRS 102 Section 13. Accordingly, the comparative figures have been restated to correct this error. As a result, inventories increased by £309,387 and opening retained earnings increased by £309,387. A further prior period adjustment has been made in relation to the classification of a balance previously included within other debtors. Following a review, it was concluded that the balance was readily available for use and therefore met the definition of cash under FRS 102. Comparative figures have been restated to reflect this reclassification, resulting in an increase in cash at bank of £817,721 and a corresponding decrease in other debtors of £817,721. The prior period adjustments had no impact on on the profit or loss reported for the comparative period.

10. OPERATING LEASES

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2026	2025
		(restated)
	£	£
Not later than 1 year	–	11,236
	----	--------

11. SUMMARY AUDIT OPINION

The auditor's report dated 13 October 2026 was unqualified .

The senior statutory auditor was Dominic Wood , for and on behalf of Burgess Hodgson Audit Limited .

12. CONTROLLING PARTY

The company is a subsidiary of RUD-Kettenfabrik Gebr . Rieger GmbH, a company incorporated in Germany. The smallest and largest group company for which consolidated financial statements are drawn up and of which the company is a member, is RUD Kettenfabrik Gebr. Rieger GmbH. The financial statements of the group can be obtained from: RUD Kettenfabrik Gebr. Rieger GmbH Friedensinsel 73432 Aalen Germany