REGISTERED NUMBER: 04164164 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

28TH FEBRUARY 2025

FOR

R.J. LANDER LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

R J Lander

Registered office:

Unit 3

The Wilderness Quarry

Gloucester Road

Mitcheldean

Gloucestershire

GL17 0DS

Registered number:

04164164 (England and Wales)

Fixed assets

Intangible assets

4

8,667

8,667

Tangible assets

5

2,601,049

2,262,661

Investments

6

1

1

Investment property

7

802,875

420,000

3,412,592

2,691,329

Current assets

Stocks

8

46,370

10,075

Debtors

9

476,387

705,839

Cash at bank

1,148,297

899,078

1,671,054

1,614,992

Creditors

Amounts falling due within one year

10

1,064,610

671,335

Net current assets

606,444

943,657

Total assets less current liabilities

4,019,036

3,634,986

Provisions for liabilities

11

471,000

409,100

Net assets

3,548,036

3,225,886

Capital and reserves

Called up share capital

12

1,001

1,001

Undistb. reserves

156,869

156,869

Retained earnings

3,390,166

3,068,016

Shareholders' funds

3,548,036

3,225,886

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 4th July 2025 and were signed by:

R J Lander - Director

1.	Statutory information

R.J. Lander 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.

Preparation of consolidated financial statements

The financial statements contain information about R.J. Lander Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

The turnover, all of which arises in the U.K, represents invoiced sales of goods net of commission and excluding value added tax.

Goodwill

Goodwill is shown in the balance sheet at cost less amortisation and has now been fully amortised.

Intangible fixed assets

Intangible fixed assets include the cost of personalised vehicle number plates. These are considered to be an enduring asset and are not depreciated or amortised.

Tangible fixed assets

Tangible fixed assets are stated in the Balance Sheet at cost less depreciation.

Depreciation is provided at the following rates on the straight line method in order to write off each asset over its estimated useful life:

Freehold property

0% & 2%

Plant & machinery

20%

Motor vehicles

25%

Office equipment

15%

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

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

Stocks & work in progress

Stock and work in progress have been valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Work in progress is valued as a percentage of the final invoice value according to the level of completion. The value of work in progress is included within sales in the profit and loss account and within other debtors in the balance sheet.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are measured at transaction price less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Other financial assets

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at the cost less impairment.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the assets original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducing all of its liabilities.

Basic financial liabilities, including trade and other payables are measured at the transaction price. Other financial liabilities, including bank loans and preference shares that are classified as debt, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Other financial liabilities

Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	Employees (including officers)

The average number of employees during the year was 7 (2024 - 7 ) .

4.	Intangible fixed assets

Other

intangible

Goodwill

assets

Totals

£

£

£

Cost

At 1st March 2024

and 28th February 2025

40,000

8,667

48,667

Amortisation

At 1st March 2024

and 28th February 2025

40,000

-

40,000

Net book value

At 28th February 2025

-

8,667

8,667

At 29th February 2024

-

8,667

8,667

5.	Tangible fixed assets

Freehold

Plant &

Office

Motor

property

machinery

equipment

vehicles

Totals

£

£

£

£

£

Cost

At 1st March 2024

979,977

2,136,425

11,774

217,519

3,345,695

Additions

103,941

1,148,643

-

11,670

1,264,254

Disposals

-

(654,834

)

-

(134,265

)

(789,099

)

At 28th February 2025

1,083,918

2,630,234

11,774

94,924

3,820,850

Depreciation

At 1st March 2024

53,434

906,858

9,159

113,583

1,083,034

Charge for year

11,181

289,526

797

5,376

306,880

Eliminated on disposal

-

(146,078

)

-

(24,035

)

(170,113

)

At 28th February 2025

64,615

1,050,306

9,956

94,924

1,219,801

Net book value

At 28th February 2025

1,019,303

1,579,928

1,818

-

2,601,049

At 29th February 2024

926,543

1,229,567

2,615

103,936

2,262,661

Included in cost of land and buildings is freehold land of £ 300,000 (2024 - £ 300,000 ) which is not depreciated.

6.	Fixed asset investments

Shares in

group

undertakings

£

Cost

At 1st March 2024

and 28th February 2025

1

Net book value

At 28th February 2025

1

At 29th February 2024

1

The company's investments at the Balance sheet date in the share capital of companies include the following:

Lander Sweepers Ltd

Registered office: Network House, Thorn Office Centre, Hereford HR2 6JT

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

28.2.25

29.2.24

£

£

Aggregate capital and reserves

1

1

7.	Investment property

Total

£

Fair value

At 1st March 2024

420,000

Additions

382,875

At 28th February 2025

802,875

Net book value

At 28th February 2025

802,875

At 29th February 2024

420,000

Investment properties were valued by the director, on the basis of open market value as at 28th February 2022, and they consider the fair value not to have materially changed as at 28th February 2025.

Fair value at 28th February 2025 is represented by:

£

Valuation in 2022

209,169

Cost

593,706

802,875

8.

Stocks

28.2.25

29.2.24

£

£

Stock

46,370

10,075

9.

Debtors: amounts falling due within one year

28.2.25

29.2.24

£

£

Trade debtors

359,038

494,509

Other debtors

38,693

26,536

Social security & other taxes

78,656

74,221

Director's loan accounts

-

110,573

476,387

705,839

10.

Creditors: amounts falling due within one year

28.2.25

29.2.24

£

£

Bank loans & overdrafts

-

26,799

Trade creditors

973,641

612,201

Amounts owed to group undertakings

1

1

Corporation tax

56,000

27,424

Social security & other taxes

6,719

3,881

Other creditors & accruals

1,783

1,029

Director's loan accounts

26,466

-

1,064,610

671,335

11.	Provisions for liabilities

28.2.25

29.2.24

£

£

Deferred tax

471,000

409,100

Deferred tax

£

Balance at 1st March 2024

409,100

Accelerated capital allowances

61,900

Balance at 28th February 2025

471,000

12.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

£

1,001

Ordinary shares

£1

1,001

1,001

100% of the share capital was acquired by R.J. Lander Holdings Limited on 27th March 2025 via a share for share exchange.

13.	Contingent liabilities & lease commitments

There were no contingent liabilities or lease commitments as at 28th February 2025.

14.	Director's advances, credits and guarantees

During the year, the director used a current account with the company to record amounts due to them and amounts drawn by them. Loans and advances totalling £138,816 and repayments of £249,389 were made during the year. The balance at the year end was £26,466 owed by the company (2024: £110,573 owed to the company).

The loans and advances were made interest free and were repayable on demand.