R.T.A. BUILDING & CONSTRUCTION CO. LIMITED

Company Registration Number:
SC177982 (Scotland)

Unaudited abridged accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

R.T.A. BUILDING & CONSTRUCTION CO. LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2023

Balance sheet
Notes

R.T.A. BUILDING & CONSTRUCTION CO. LIMITED

Balance sheet

As at 31 January 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 255,973 212,815
Total fixed assets: 255,973 212,815
Current assets
Stocks: 79,660 88,669
Debtors:   86,538 95,724
Cash at bank and in hand: 705 1,706
Total current assets: 166,903 186,099
Creditors: amounts falling due within one year: 4 (126,424) (181,931)
Net current assets (liabilities): 40,479 4,168
Total assets less current liabilities: 296,452 216,983
Creditors: amounts falling due after more than one year: 5 (41,775) (36,564)
Provision for liabilities: (18,787) (18,787)
Total net assets (liabilities): 235,890 161,632
Capital and reserves
Called up share capital: 50 50
Other reserves: 50 50
Profit and loss account: 235,790 161,532
Shareholders funds: 235,890 161,632

The notes form part of these financial statements

R.T.A. BUILDING & CONSTRUCTION CO. LIMITED

Balance sheet statements

For the year ending 31 January 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 May 2023
and signed on behalf of the board by:

Name: iain wilson
Status: Director

The notes form part of these financial statements

R.T.A. BUILDING & CONSTRUCTION CO. LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 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 stated net of VAT and represents amounts invoiced to third parties and are all attributable to the one activity,a building business and all turnover is within the uk

Tangible fixed assets and depreciation policy

Depreciation is charged on all Tangible Fixed Assets except Land as follows Buildings-2% Straight Line BasisMotor Vehicles-25% Reducing Balance BasisPlant/Office Equipment-25% Reducing Balance Basis

Valuation and information policy

Stocks are valued at lower of Cost and Net Realisable Value

Other accounting policies

Assets held under Hire Purchase Contracts are capitalised in the Balance Sheet and depreciated as per Depreciation note above.Deferred Tax is provided using Liability method on all timing differences.

R.T.A. BUILDING & CONSTRUCTION CO. LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

2. Employees

2023 2022
Average number of employees during the period 14 14

R.T.A. BUILDING & CONSTRUCTION CO. LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Tangible Assets

Total
Cost £
At 01 February 2022 388,203
Additions 74,498
At 31 January 2023 462,701
Depreciation
At 01 February 2022 175,388
Charge for year 31,340
At 31 January 2023 206,728
Net book value
At 31 January 2023 255,973
At 31 January 2022 212,815

R.T.A. BUILDING & CONSTRUCTION CO. LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Creditors: amounts falling due within one year note

The company has given security for the following CreditorsHire Purchase Creditors £21,699 ( 2022 £22,679)Bank Overdraft £23,113 ( 2022 £66,471)

R.T.A. BUILDING & CONSTRUCTION CO. LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Creditors: amounts falling due after more than one year note

The Company has given security for the following CreditorsHire Purchase Creditors £41,775 ( £36,564)