Roberts Brothers (Cornwall) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12014588 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

FOR

ROBERTS BROTHERS (CORNWALL) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W J S Roberts

R T Roberts

Mrs A C Roberts

B J Roberts

D R Roberts

REGISTERED OFFICE:

Trevithick Manor Farm

Lane

Newquay

Cornwall

TR8 4QD

REGISTERED NUMBER:

12014588 (England and Wales)

ACCOUNTANTS:

Whitakers

Chartered Accountants

Bryndon House

5/7 Berry Road

Newquay

Cornwall

TR7 1AD

FIXED ASSETS

Investment property

4

3,900,000

CURRENT ASSETS

Stocks

12,150

6,350

Debtors

5

107,151

76,698

Cash at bank

118,709

238,117

238,010

321,165

CREDITORS

Amounts falling due within one year

6

3,483,991

3,565,040

NET CURRENT LIABILITIES

(3,245,981

)

(3,243,875

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

654,019

656,125

PROVISIONS FOR LIABILITIES

91,212

NET ASSETS

562,807

564,913

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

562,707

564,813

SHAREHOLDERS' FUNDS

562,807

564,913

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2026 and were signed on its behalf by:

B J Roberts - Director

R T Roberts - Director

D R Roberts - Director

W J S Roberts - Director

1.	STATUTORY INFORMATION

Roberts Brothers (Cornwall) 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

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

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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 2 (2025 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 June 2025

and 31 May 2026

3,900,000

NET BOOK VALUE

At 31 May 2026

3,900,000

At 31 May 2025

3,900,000

Cost or valuation at 31 May 2026 is represented by:

£

Valuation in 2023

364,851

Cost

3,535,149

3,900,000

If the investment properties had not been revalued they would have been included at the following historical cost:

31.5.26

31.5.25

£

Cost

3,535,149

Investment property was valued on an open market value basis on 31 May 2025 by Will Roberts a director of the company .

The directors have reviewed the valuation and consider the value at 31 May 2026 still represents the open market value.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

Other debtors

72,999

35,852

Prepayments and accrued income

34,152

40,846

107,151

76,698

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

Tax

-

2,168

Social security and other taxes

5,722

4,557

Other creditors

38,564

54,019

Directors' current accounts

3,428,581

3,485,090

Deferred income

9,578

17,746

Accrued expenses

1,546

1,460

3,483,991

3,565,040

7.	RELATED PARTY DISCLOSURES

A loan exists between the Company and Talkmanor Limited, a company owned by the immediate family of the directors. As at 31st May 2026, the balance owing to the company was £18,154 (2025: £33,582). The loan is payable on demand and no interest has been charged.

The company is controlled by it's directors, who own 100% of the share capital.