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Company Registration No. 04350713 (England and Wales)
R.S. Glass Design Limited Unaudited accounts for the year ended 31 January 2023
R.S. Glass Design Limited Unaudited accounts Contents
Page
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R.S. Glass Design Limited Company Information for the year ended 31 January 2023
Director
Mr Stuart Reddy
Company Number
04350713 (England and Wales)
Registered Office
Regent House Folds Road Bolton BL1 2RZ United Kingdom
Accountants
Xeinadin Group Regent House Folds Road Bolton BL1 2RZ
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R.S. Glass Design Limited Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
750 
Tangible assets
1,896 
2,231 
1,896 
2,981 
Current assets
Inventories
2,500 
3,500 
Debtors
41,208 
40,479 
Cash at bank and in hand
36,192 
10,119 
79,900 
54,098 
Creditors: amounts falling due within one year
(58,659)
(28,565)
Net current assets
21,241 
25,533 
Total assets less current liabilities
23,137 
28,514 
Creditors: amounts falling due after more than one year
(19,497)
(27,218)
Provisions for liabilities
Deferred tax
(654)
(1,115)
Net assets
2,986 
181 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
2,884 
79 
Shareholders' funds
2,986 
181 
For the year ending 31 January 2023 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 25 October 2023 and were signed on its behalf by
Mr Stuart Reddy Director Company Registration No. 04350713
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R.S. Glass Design Limited Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
R.S. Glass Design Limited is a private company, limited by shares, registered in England and Wales, registration number 04350713. The registered office is Regent House, Folds Road, Bolton, BL1 2RZ, United Kingdom.
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:
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows: Goodwill 5% Straight line method.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2022
15,000 
At 31 January 2023
15,000 
Amortisation
At 1 February 2022
14,250 
Charge for the year
750 
At 31 January 2023
15,000 
Net book value
At 31 January 2023
- 
At 31 January 2022
750 
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R.S. Glass Design Limited Notes to the Accounts for the year ended 31 January 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2022
4,775 
3,700 
2,958 
11,433 
At 31 January 2023
4,775 
3,700 
2,958 
11,433 
Depreciation
At 1 February 2022
2,956 
3,700 
2,546 
9,202 
Charge for the year
273 
- 
62 
335 
At 31 January 2023
3,229 
3,700 
2,608 
9,537 
Net book value
At 31 January 2023
1,546 
- 
350 
1,896 
At 31 January 2022
1,819 
- 
412 
2,231 
6
Inventories
2023 
2022 
£ 
£ 
Raw materials
2,500 
3,500 
2,500 
3,500 
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,719 
- 
Other debtors
37,489 
40,479 
41,208 
40,479 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
13,771 
7,733 
VAT
17,181 
4,932 
Trade creditors
417 
- 
Taxes and social security
28,373 
13,255 
Other creditors
(2,593)
(1,520)
Accruals
1,510 
4,165 
58,659 
28,565 
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
19,497 
27,218 
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R.S. Glass Design Limited Notes to the Accounts for the year ended 31 January 2023
10
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
1 Ordinary A share of £1 each
1 
1 
1 Ordinary B share of £1 each
1 
1 
102 
102 
11
Average number of employees
During the year the average number of employees was 2 (2022: 4).
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