REGISTERED NUMBER: 05090038 (England and Wales)

CESSATION FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2024 TO 31 OCTOBER 2025

FOR

RON CAMPION FURNISHERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R T Campion

Mr S Breese

Mr N J Hart

REGISTERED OFFICE:

33-35 Bolton Street

Brixham

TQ5 9BZ

REGISTERED NUMBER:

05090038 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

Lloyds Bank

62 Fore Street

Brixham

Devon

TQ5 8EG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

72,666

-

72,666

CURRENT ASSETS

Stocks

6

-

201,932

Debtors

7

2,644

69,307

Cash at bank and in hand

381,745

188,885

384,389

460,124

CREDITORS

Amounts falling due within one year

8

74,852

106,248

NET CURRENT ASSETS

309,537

353,876

TOTAL ASSETS LESS CURRENT LIABILITIES

309,537

426,542

PROVISIONS FOR LIABILITIES

-

2,549

NET ASSETS

309,537

423,993

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

309,437

423,893

SHAREHOLDERS' FUNDS

309,537

423,993

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2025 and were signed on its behalf by:

Mr R T Campion - Director

1.	STATUTORY INFORMATION

Ron Campion Furnishers 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.

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

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Nil

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period 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 period 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.

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 period was 6 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 31 October 2025

125,000

AMORTISATION

At 1 May 2024

and 31 October 2025

125,000

NET BOOK VALUE

At 31 October 2025

-

At 30 April 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

60,000

45,730

51,726

21,685

179,141

Disposals

(60,000

)

(45,730

)

(51,726

)

(21,685

)

(179,141

)

At 31 October 2025

-

-

-

-

-

DEPRECIATION

At 1 May 2024

-

37,788

47,096

21,591

106,475

Eliminated on disposal

-

(37,788

)

(47,096

)

(21,591

)

(106,475

)

At 31 October 2025

-

-

-

-

-

NET BOOK VALUE

At 31 October 2025

-

-

-

-

-

At 30 April 2024

60,000

7,942

4,630

94

72,666

6.

STOCKS

2025

2024

£

£

Stocks

-

201,932

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,644

44,540

Other debtors

-

6,511

Prepayments

-

18,256

2,644

69,307

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,728

37,490

Tax

2,196

13,586

Social security and other taxes

986

-

VAT

12,524

19,770

Other creditors

1,089

2,406

Directors' current accounts

108

32,996

Accrued expenses

54,221

-

74,852

106,248

9.	OTHER FINANCIAL COMMITMENTS

At 31 October 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £2,667 (2024 £16,733).

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 October 2025 and the year ended 30 April 2024:

2025

2024

£

£

Mr R T Campion

Balance outstanding at start of period

(27,978

)

(27,291

)

Amounts advanced

125,376

34,313

Amounts repaid

(97,506

)

(35,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

(108

)

(27,978

)

Mr S Breese

Balance outstanding at start of period

(2,506

)

(9,325

)

Amounts advanced

25,606

25,240

Amounts repaid

(23,100

)

(18,421

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

-

(2,506

)

Mr N J Hart

Balance outstanding at start of period

(2,512

)

(9,325

)

Amounts advanced

25,612

25,234

Amounts repaid

(23,100

)

(18,421

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

-

(2,512

)

Loans are unsecured, interest free and repayable on demand.