1 April 2021 false No description of principal activity Taxfiler 2022.8.3 08379004business:PrivateLimitedCompanyLtd2021-04-012022-03-31 083790042021-03-31 083790042021-04-012022-03-31 08379004business:AuditExempt-NoAccountantsReport2021-04-012022-03-31 08379004business:FullAccounts2021-04-012022-03-31 083790042022-03-31 08379004business:Director12021-04-012022-03-31 08379004business:RegisteredOffice2021-04-012022-03-31 083790042021-03-31 08379004core:WithinOneYear2022-03-31 08379004core:WithinOneYear2021-03-31 08379004core:AfterOneYear2022-03-31 08379004core:AfterOneYear2021-03-31 08379004core:ShareCapital2022-03-31 08379004core:ShareCapital2021-03-31 08379004core:RetainedEarningsAccumulatedLosses2022-03-31 08379004core:RetainedEarningsAccumulatedLosses2021-03-31 08379004business:SmallEntities2021-04-012022-03-31 08379004countries:EnglandWales2021-04-012022-03-31 08379004core:MotorVehicles2021-04-012022-03-31 08379004core:FurnitureFittings2021-04-012022-03-31 08379004core:MotorVehicles2021-03-31 08379004core:FurnitureFittings2021-03-31 08379004core:MotorVehicles2022-03-31 08379004core:FurnitureFittings2022-03-31 083790042020-04-012021-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08379004 (England and Wales)
RS DRILLCUT SOLUTIONS LTD Unaudited accounts for the year ended 31 March 2022
RS DRILLCUT SOLUTIONS LTD Unaudited accounts Contents
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RS DRILLCUT SOLUTIONS LTD Company Information for the year ended 31 March 2022
Director
Ramunas Simkus
Company Number
08379004 (England and Wales)
Registered Office
26 Willersley Avenue Orpington Kent BR6 9RS
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RS DRILLCUT SOLUTIONS LTD Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,337 
28,487 
Current assets
Debtors
15,438 
49,350 
Cash at bank and in hand
41,179 
14,041 
56,617 
63,391 
Creditors: amounts falling due within one year
(4,815)
(15,633)
Net current assets
51,802 
47,758 
Total assets less current liabilities
75,139 
76,245 
Creditors: amounts falling due after more than one year
(8,039)
(13,399)
Net assets
67,100 
62,846 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
67,000 
62,746 
Shareholders' funds
67,100 
62,846 
For the year ending 31 March 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 August 2022 and were signed on its behalf by
Ramunas Simkus Director Company Registration No. 08379004
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RS DRILLCUT SOLUTIONS LTD Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
RS DRILLCUT SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 08379004. The registered office is 26 Willersley Avenue, Orpington, Kent, BR6 9RS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reduce balance
Fixtures & fittings
25% reduce balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2021
38,624 
5,358 
43,982 
Additions
- 
2,234 
2,234 
At 31 March 2022
38,624 
7,592 
46,216 
Depreciation
At 1 April 2021
13,277 
2,218 
15,495 
Charge for the year
6,337 
1,047 
7,384 
At 31 March 2022
19,614 
3,265 
22,879 
Net book value
At 31 March 2022
19,010 
4,327 
23,337 
At 31 March 2021
25,347 
3,140 
28,487 
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
1,108 
- 
Trade debtors
14,330 
49,350 
15,438 
49,350 
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RS DRILLCUT SOLUTIONS LTD Notes to the Accounts for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
4,815 
15,633 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Obligations under finance leases and hire purchase contracts
8,039 
13,399 
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).
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