Registration number:
RJHARCHITECTURE LTD
for the Year Ended 31 May 2023
RJHARCHITECTURE LTD
Contents
Company Information |
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Director's Report |
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Accountants' Report |
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Abridged Profit and Loss Account |
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Statement of Comprehensive Income |
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Abridged Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Abridged Financial Statements |
RJHARCHITECTURE LTD
Company Information
Director |
RJ Hastings |
Registered office |
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Accountants |
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RJHARCHITECTURE LTD
Director's Report for the Year Ended 31 May 2023
The director presents his report and the abridged financial statements for the year ended 31 May 2023.
Director of the company
The director who held office during the year was as follows:
Principal activity
The principal activity of the company is that of architects and design consultants.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
RJHARCHITECTURE LTD
for the Year Ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of RJHARCHITECTURE LTD for the year ended 31 May 2023 as set out on pages 4 to 16 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.
This report is made solely to the Board of Directors of RJHARCHITECTURE LTD, as a body, in accordance with the terms of our engagement letter dated 21 May 2014. Our work has been undertaken solely to prepare for your approval the accounts of RJHARCHITECTURE LTD and state those matters that we have agreed to state to the Board of Directors of RJHARCHITECTURE LTD, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RJHARCHITECTURE LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that RJHARCHITECTURE LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of RJHARCHITECTURE LTD. You consider that RJHARCHITECTURE LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of RJHARCHITECTURE LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
......................................
Chartered Accountants
Bexley
Kent
DA5 3AP
RJHARCHITECTURE LTD
Abridged Profit and Loss Account for the Year Ended 31 May 2023
Note |
2023 |
2022 |
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Gross profit |
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Administrative expenses |
( |
( |
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Other interest receivable and similar income |
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Interest payable and similar expenses |
- |
( |
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Profit before tax |
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Tax on profit |
( |
( |
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Profit for the financial year |
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The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
RJHARCHITECTURE LTD
Statement of Comprehensive Income for the Year Ended 31 May 2023
2023 |
2022 |
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Profit for the year |
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Total comprehensive income for the year |
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RJHARCHITECTURE LTD
(Registration number: 08512279)
Abridged Balance Sheet as at 31 May 2023
Note |
2023 |
2022 |
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Fixed Assets |
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Tangible Assets |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Prepayments and accrued income |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
( |
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Accruals and deferred income |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
1 |
1 |
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Retained earnings |
490,541 |
370,237 |
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Shareholders' funds |
490,542 |
370,238 |
For the financial year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
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• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
RJHARCHITECTURE LTD
(Registration number: 08512279)
Abridged Balance Sheet as at 31 May 2023
Approved and authorised by the
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RJHARCHITECTURE LTD
Statement of Changes in Equity for the Year Ended 31 May 2023
Share capital |
Retained earnings |
Total |
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At 1 June 2022 |
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Profit for the year |
- |
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Dividends |
- |
( |
( |
At 31 May 2023 |
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Share capital |
Retained earnings |
Total |
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At 1 June 2021 |
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Profit for the year |
- |
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Dividends |
- |
( |
( |
At 31 May 2022 |
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RJHARCHITECTURE LTD
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2023
General information |
The company is a private company limited by share capital, incorporated in United Kingdom.
The address of its registered office is:
England
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods or on completion of the designated services;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tax
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
RJHARCHITECTURE LTD
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2023
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
Tangible Assets
Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Furniture, fittings and equipments |
25% reducing balance |
Motor vehicles |
25% reducing balance |
Business combinations
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
RJHARCHITECTURE LTD
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2023
Trade Debtors
Trade Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade Creditors
Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Profit before tax |
Arrived at after charging/(crediting)
RJHARCHITECTURE LTD
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2023
2023 |
2022 |
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Depreciation expense |
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RJHARCHITECTURE LTD
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2023
Tangible Assets |
Furniture, fittings and equipment |
Motor vehicles |
Total |
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Cost or valuation |
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At 1 June 2022 |
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- |
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Additions |
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At 31 May 2023 |
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Depreciation |
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At 1 June 2022 |
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- |
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Charge for the year |
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At 31 May 2023 |
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Carrying amount |
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At 31 May 2023 |
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At 31 May 2022 |
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- |
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Investments |
Total |
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Cost or valuation |
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At 1 June 2022 |
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Provision |
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Carrying amount |
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At 31 May 2023 |
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At 31 May 2022 |
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2023 |
2022 |
Debtors |
Debtors includes £Nil (2022 - £Nil) due after more than one year.
RJHARCHITECTURE LTD
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2023
Share capital |
Allotted, called up and fully paid shares
2023 |
2022 |
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No. |
£ |
No. |
£ |
|
|
|
1 |
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1 |
Dividends |
Final dividends paid
2023 |
2022 |
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Final dividend of Nil per each NewRow_0 |
- |
- |
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Final dividends paid
2023 |
2022 |
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Final dividend of Nil per each NewRow_0 |
- |
- |
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Interim dividends paid
2023 |
2022 |
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Interim dividend of 40,000.00 (2022 - 35,000.00) per each Ordinary share |
40,000 |
35,000 |
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Interim dividends paid
2023 |
2022 |
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Interim dividend of 40,000 (2022 - 35,000) per each Ordinary share |
40,000 |
35,000 |
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Recommended final dividends paid and not recognised in the accounts
The director is recommending the following final dividends:
These dividends have not been accrued in the balance sheet.
Related party transactions |
RJHARCHITECTURE LTD
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2023
Transactions with the director |
RJHARCHITECTURE LTD
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2023
Director's remuneration
The director's remuneration for the year was as follows:
2023 |
2022 |
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Remuneration |
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Contributions paid to money purchase schemes |
|
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42,570 |
50,770 |
Dividends paid to the director
2023 |
2022 |
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RJ Hastings |
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Dividend |
- |
- |
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Parent and ultimate parent undertaking |
The ultimate controlling party is