REGISTERED NUMBER: 05120763 (England and Wales)

R K LUCAS & SON LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs E M Lucas

J Rees

M J Llewellyn

REGISTERED OFFICE:

45 High Street

Haverfordwest

Pembrokeshire

SA61 2BP

REGISTERED NUMBER:

05120763 (England and Wales)

ACCOUNTANTS:

Bevan Buckland LLP

Chartered Accountants

45 High Street

Haverfordwest

Pembrokeshire

SA61 2BP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

4,066

5,852

Investments

6

1,500

1,500

5,566

7,352

CURRENT ASSETS

Work in progress

25,149

23,495

Debtors

7

7,477

9,606

Cash at bank and in hand

146,672

156,970

179,298

190,071

CREDITORS

Amounts falling due within one year

8

107,461

103,239

NET CURRENT ASSETS

71,837

86,832

TOTAL ASSETS LESS CURRENT LIABILITIES

77,403

94,184

PROVISIONS FOR LIABILITIES

751

1,085

NET ASSETS

76,652

93,099

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

76,352

92,799

SHAREHOLDERS' FUNDS

76,652

93,099

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2025 and were signed on its behalf by:

Mrs E M Lucas - Director

J Rees - Director

M J Llewellyn - Director

1.	STATUTORY INFORMATION

R K Lucas & Son 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.

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 2005, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Improvements to property

-

2% straight line

Office equipment

-

25% reducing balance

Computer equipment

-

25% on cost

Work in progress

Work in progress is valued at selling price.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 9 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

and 30 June 2025

72,000

AMORTISATION

At 1 July 2024

and 30 June 2025

72,000

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Office

Computer

property

equipment

equipment

Totals

£

£

£

£

COST

At 1 July 2024

1,625

35,931

18,016

55,572

Additions

-

-

315

315

At 30 June 2025

1,625

35,931

18,331

55,887

DEPRECIATION

At 1 July 2024

228

33,041

16,451

49,720

Charge for year

33

722

1,346

2,101

At 30 June 2025

261

33,763

17,797

51,821

NET BOOK VALUE

At 30 June 2025

1,364

2,168

534

4,066

At 30 June 2024

1,397

2,890

1,565

5,852

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 July 2024

and 30 June 2025

1,500

NET BOOK VALUE

At 30 June 2025

1,500

At 30 June 2024

1,500

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,121

6,538

Other debtors

356

3,068

7,477

9,606

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,196

4,468

Taxation and social security

14,758

6,128

Other creditors

89,507

92,643

107,461

103,239

9.	RELATED PARTY DISCLOSURES

During the year the directors made funds available to the company to assist with the provision of working capital. The loan was interest free, unsecured and repayable on demand. The amount outstanding at the balance sheet date was as follows; £86,468 (2024 - £89,706)

During the year the company paid £4,800 (2024 - £4,800) to the director, Mr M Llewellyn in consideration for rent.