R TODD & CO LIMITED

R TODD & CO LIMITED

R TODD & CO LIMITED - Company Information

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R TODD & CO LIMITED

Company Registration Number:
SC166502 (Scotland)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

R TODD & CO LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

R TODD & CO LIMITED

Balance sheet

As at 30 June 2023


Notes
2023
2022


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 8,666 15,047
Investments:   0 0
Total fixed assets: 8,666 15,047
Current assets
Stocks: 62,190 39,119
Debtors: 4 2,144,932 2,151,644
Cash at bank and in hand: 2,004,196 1,551,005
Investments:   0 0
Total current assets: 4,211,318 3,741,768
Creditors: amounts falling due within one year: 5 (2,381,362) (2,039,690)
Net current assets (liabilities): 1,829,956 1,702,078
Total assets less current liabilities: 1,838,622 1,717,125
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 1,838,622 1,717,125
Capital and reserves
Called up share capital: 1,000 1,000
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 1,837,622 1,716,125
Shareholders funds: 1,838,622 1,717,125

The notes form part of these financial statements

R TODD & CO LIMITED

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 04 March 2024
and signed on behalf of the board by:

Name: EE Todd
Status: Director

The notes form part of these financial statements

R TODD & CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the invoiced value of goods and services supplied by the company, net of Value Added Tax and Trade Discounts

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less depreciation.Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:Plant & Equipment - 25% straight lineFixtures & Fittings - 25% straight line

Other accounting policies

StocksStocks are valued at the lower of cost and net realisable value after making due allowances for obsolete and slow moving stocks.TaxationCurrent TaxThe tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

R TODD & CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 38 32

R TODD & CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible Assets

Total
Cost £
At 01 July 2022 190,019
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 June 2023 190,019
Depreciation
At 01 July 2022 174,972
Charge for year 6,381
On disposals 0
Other adjustments 0
At 30 June 2023 181,353
Net book value
At 30 June 2023 8,666
At 30 June 2022 15,047

R TODD & CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 2,144,932 2,151,644

R TODD & CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Creditors: amounts falling due within one year note

Trade creditors £2247575 £1863610Other taxes and social security £60432 £52786Accruals £73355 £123294Total £2381362 £2039690

R TODD & CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

6. Related party transactions

Name of the related party: R Todd & Co & Blacketyside Fruits
Relationship:
RH Todd & EE Todd are connected to both businesses
Description of the Transaction: Blacketyside Fruits and R Todd & Co paid £185462 to the company.RH Todd & EE Todd are connected parties of both businesses.
£
Balance at 01 July 2022 213,516
Balance at 30 June 2023 28,054