R S D DISPENSE LIMITED

Company Registration Number:
03941650 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

R S D DISPENSE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

R S D DISPENSE LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 175,066 194,214
Total fixed assets: 175,066 194,214
Current assets
Stocks: 43,444 50,904
Debtors:   113,980 84,543
Cash at bank and in hand: 68,888 90,297
Total current assets: 226,312 225,744
Creditors: amounts falling due within one year:   (108,708) (121,817)
Net current assets (liabilities): 117,604 103,927
Total assets less current liabilities: 292,670 298,141
Creditors: amounts falling due after more than one year:   (43,178) (89,045)
Provision for liabilities: (33,263) (36,901)
Total net assets (liabilities): 216,229 172,195
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 215,229 171,195
Shareholders funds: 216,229 172,195

The notes form part of these financial statements

R S D DISPENSE LIMITED

Balance sheet statements

For the year ending 31 March 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 13 September 2023
and signed on behalf of the board by:

Name: L Rylands
Status: Director

The notes form part of these financial statements

R S D DISPENSE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:Office equipment 20% reducing balance basisPlant & machinery 20% reducing balance basisMotor vehicles 20% reducing balance basis

Other accounting policies

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

R S D DISPENSE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 11 11

R S D DISPENSE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 590,557
Additions 28,308
Disposals (3,689)
At 31 March 2023 615,176
Depreciation
At 01 April 2022 396,343
Charge for year 43,767
At 31 March 2023 440,110
Net book value
At 31 March 2023 175,066
At 31 March 2022 194,214