REGISTERED NUMBER: 01991903 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

J & R M Richardson Construction

(Darlington) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R M Richardson

J & R M Investments Limited

R Morley

SECRETARY:

R M Richardson

REGISTERED OFFICE:

Trinity Hall

Portland Place

DARLINGTON

Co Durham

DL3 7BP

REGISTERED NUMBER:

01991903 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

140 Coniscliffe Road

DARLINGTON

Co Durham

DL3 7RT

FIXED ASSETS

Tangible assets

4

101,033

92,771

CURRENT ASSETS

Stocks

5

-

5,757

Debtors

6

257,616

205,706

Cash at bank and in hand

349,060

806,606

606,676

1,018,069

CREDITORS

Amounts falling due within one year

7

418,921

941,387

NET CURRENT ASSETS

187,755

76,682

TOTAL ASSETS LESS CURRENT LIABILITIES

288,788

169,453

CREDITORS

Amounts falling due after more than one year

8

(36,652

)

(43,030

)

PROVISIONS FOR LIABILITIES

11

(18,953

)

(16,015

)

NET ASSETS

233,183

110,408

CAPITAL AND RESERVES

Called up share capital

12

11,212

10,101

Share premium

18,889

-

Retained earnings

203,082

100,307

SHAREHOLDERS' FUNDS

233,183

110,408

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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 21 November 2025 and were signed on its behalf by:

R M Richardson - Director

J & R M Investments Limited - Director

R Morley - Director

1.	STATUTORY INFORMATION

J & R M Richardson Construction (Darlington) 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

There were no material departures from this 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.

Turnover

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

Income recognition

Income is recognised on contracts when income is received or is assessed to be receivable for the period based on the calculation of contract work in progress at the balance sheet date.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

15% and 20% on cost

Motor vehicles

-

20% on cost

Fixed assets are measured at cost less accumulated depreciation and impairment.

Financial instruments

Basic financial instruments are recognised 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Contract work in progress

Contract work in progress is valued at costs incurred, net of amounts transferred to cost of sales, less foreseeable losses and payments on account not matched with turnover. Any profit attributable to contract work in progress, calculated in accordance with FRS 102, has been included by way of turnover and cost of sales, with the amount by which turnover is in excess of payments on account included in debtors in amounts due on contracts.

Grants

Capital based grants are credited to the profit and loss account in equal instalments, over the estimated useful life of the related asset.

Revenue based grants are credited to the profit and loss account on receipt.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 July 2024

4,359

4,492

157,548

166,399

Additions

1,398

1,646

42,961

46,005

Disposals

-

-

(54,110

)

(54,110

)

At 30 June 2025

5,757

6,138

146,399

158,294

DEPRECIATION

At 1 July 2024

1,302

2,557

69,769

73,628

Charge for year

1,103

799

24,640

26,542

Eliminated on disposal

-

-

(42,909

)

(42,909

)

At 30 June 2025

2,405

3,356

51,500

57,261

NET BOOK VALUE

At 30 June 2025

3,352

2,782

94,899

101,033

At 30 June 2024

3,057

1,935

87,779

92,771

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 July 2024

118,223

Additions

42,961

At 30 June 2025

161,184

DEPRECIATION

At 1 July 2024

(30,589

)

Charge for year

(24,608

)

At 30 June 2025

(55,197

)

NET BOOK VALUE

At 30 June 2025

216,381

At 30 June 2024

148,812

5.

STOCKS

2025

2024

£

£

Work in progress

-

5,757

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

236,866

122,098

Amounts due on contracts

-

11,749

Directors' current accounts

1,273

-

Prepayments and accrued income

19,477

71,859

257,616

205,706

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,022

10,000

Hire purchase contracts (see note 9)

28,448

29,506

Trade creditors

70,675

64,355

Taxation and social security

82,070

66,157

Other creditors

3,405

42,445

Amounts due to related

undertaking

100,000

600,000

Accruals and deferred income

124,301

128,924

418,921

941,387

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

-

10,042

Hire purchase contracts (see note 9)

36,652

32,988

36,652

43,030

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

28,448

29,506

Between one and five years

36,652

32,988

65,100

62,494

Non-cancellable

operating leases

2025

2024

£

£

Within one year

23,000

23,000

Between one and five years

3,833

26,833

26,833

49,833

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

65,100

62,494

Hire purchase contracts are secured on the assets to which they relate.

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

18,953

16,015

Deferred

tax

£

Balance at 1 July 2024

16,015

Accelerated capital allowances

2,938

Balance at 30 June 2025

18,953

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

11,111

Ordinary

£1

11,111

10,000

(2024 - 10,000 )

1

A Ordinary

£1

1

1

100

B Ordinary

£1

100

100

11,212

10,101

The following shares were issued during the year:

1,111 Ordinary shares of £1 for cash of £ 20,000

The "Ordinary" , "A Ordinary" and ''B Ordinary'' shares shall constitute different classes of shares for the purposes of the Companies Act 2006 but shall, save as otherwise provided for, confer upon the holders thereof the same rights and rank pari passu in all respects except that the directors shall be entitled to pay such different dividend of the "Ordinary" , "A Ordinary" and ''B Ordinary'' shares as they shall from time to time decide. The "A Ordinary" shares do not hold voting rights. The "B Ordinary" shares do not hold voting rights or the right to attend meetings.

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2025 and 30 June 2024:

2025

2024

£

£

R M Richardson

Balance outstanding at start of year

-

-

Amounts advanced

1,273

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,273

-

14.	RELATED PARTY DISCLOSURES

2025

2024

£

£

Amount due to Estate of former

director £0 £ 40,956

No interest has been charged.

The above amount from 2024 was included within other creditors, and was repaid during the year.