R.L.BROOKS LIMITED


Directors	COYLES, Clair
	COYLES, David


Company Secretary	BOYES, Norma Elizabeth


Registered Address	97 Duke Street
	Whitehaven
	Cumbria
	CA28 7EH


Registered Number	00748827 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		96,247		108,407
			96,247		108,407
Current assets
Stocks	4	152,223		179,259
Debtors		112,710		134,225
Cash at bank and on hand		144,415		118,724
		409,348		432,208
Creditors amounts falling due within one year	5	(167,992)		(193,959)
Net current assets (liabilities)			241,356		238,249
Total assets less current liabilities			337,603		346,656
Creditors amounts falling due after one year	6		(868)		(2,939)
Provisions for liabilities	7		(1,479)		(2,790)
Net assets			335,256		340,927
Capital and reserves
Called up share capital			125		125
Profit and loss account			335,131		340,802
Shareholders' funds			335,256		340,927

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 30 May 2025, and are signed on its behalf by:

COYLES, Clair
Director
Registered Company No. 00748827

R.L.BROOKS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Income Statement. Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

Stocks and work in progress

Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). 

At each date of Statement of Financial Position, stocks are assessed for impairment.  If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell.  The impairment loss is recognised immediately in the Income Statement.

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	9		10

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£	£
Cost or valuation
At 01 April 24	71,281	12,865	81,447	97,016	262,609
Disposals	-	-	(17,750)	-	(17,750)
At 31 March 25	71,281	12,865	63,697	97,016	244,859
Depreciation and impairment
At 01 April 24	8,084	12,865	45,607	87,646	154,202
Charge for year	-	1,610	8,607	-	10,217
On disposals	-	-	(15,807)	-	(15,807)
At 31 March 25	8,084	14,475	38,407	87,646	148,612
Net book value
At 31 March 25	63,197	(1,610)	25,290	9,370	96,247
At 31 March 24	63,197	-	35,840	9,370	108,407

4.	Stocks

	2025	2024
	£	£
Finished goods	152,223	179,259
Total	152,223	179,259

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	62,236	74,645
Bank borrowings and overdrafts	-	1,777
Taxation and social security	13,088	17,193
Other creditors	61,110	77,347
Accrued liabilities and deferred income	31,558	22,997
Total	167,992	193,959

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Trade creditors / trade payables	868	2,939
Total	868	2,939

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	1,479	2,790
Total	1,479	2,790