Company Registration No. 02747038 (England and Wales)
R. Turnbull & Sons Ltd.
Unaudited accounts
for the year ended 31 October 2025
R. Turnbull & Sons Ltd.
Statement of financial position
as at 31 October 2025
Cash at bank and in hand
-
81,728
Creditors: amounts falling due within one year
(3,281)
(92,422)
Net current (liabilities)/assets
(938)
7,319
Net (liabilities)/assets
(877)
9,745
Called up share capital
21,030
21,030
Profit and loss account
(21,907)
(11,285)
Shareholders' funds
(877)
9,745
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 October 2026 and were signed on its behalf by
M Turnbull
Director
Company Registration No. 02747038
R. Turnbull & Sons Ltd.
Notes to the Accounts
for the year ended 31 October 2025
R. Turnbull & Sons Ltd. is a private company, limited by shares, registered in England and Wales, registration number 02747038. The registered office is 8 Linnet Court Cawledge Business Park, Hawfinch Drive, Alnwick, Northumberland, NE66 2GD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. The company ceased to trade as a high street butcher and grocer available to the general pubic during the year and the financial statements have been prepared on a basis other than that of the going concern basis. This basis includes, where applicable, writing the company’s assets down to net realisable value.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has initially been provided at the following rates in order to write off the assets over their estimated useful lives. Due to the cessation of trading, depreciation charges have been updated to reflect no residual value of assets deemed to be obsolete.
Plant & machinery
20% straight line
Motor vehicles
25% on reducing balance
Fixtures & fittings
6% straight line
Computer equipment
3 year straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill has been amortised in full as at the balance sheet date due to the cessation of trading in the financial year and deemed to have no residual value.
The company permanently ceased trading during the year.
R. Turnbull & Sons Ltd.
Notes to the Accounts
for the year ended 31 October 2025
4
Intangible fixed assets
Goodwill
Other increase/(decrease)
(11,409)
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2024
86,707
18,685
11,961
117,353
Disposals
(86,707)
(18,685)
(11,961)
(117,353)
At 31 October 2025
-
-
-
-
At 1 November 2024
84,342
18,685
11,961
114,988
Charge for the year
2,365
-
-
2,365
On disposals
(86,707)
(18,685)
(11,961)
(117,353)
At 31 October 2025
-
-
-
-
At 31 October 2025
-
-
-
-
At 31 October 2024
2,365
-
-
2,365
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
-
2,365
6
Investments
Other investments
Valuation at 1 November 2024
61
Valuation at 31 October 2025
61
R. Turnbull & Sons Ltd.
Notes to the Accounts
for the year ended 31 October 2025
Amounts falling due within one year
Trade debtors
1,148
18,013
Accrued income and prepayments
1,139
-
8
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
20
18,198
Loans from directors
172
66,977
9
Transactions with related parties
Transactions with Turnbull's Northumbrian Foodhall Ltd during the year
Sales £Nil (2024:£133,269)
Staff costs recharged £Nil (2024:£298,119)
Equipment rental costs recharged £18,751 (2024:£105,184)
Equipment hire costs recharged £575 (2024: £Nil)
All transactions undertaken at commercial rates.
Amount owed to directors in respect of director current account balances as at 31 October 2025 was £172.06 (2024: £66,977).
10
Average number of employees
During the year the average number of employees was 0 (2024: 14).