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REGISTERED NUMBER: 13940268 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

25 FEBRUARY 2022 TO 28 FEBRUARY 2023

FOR

RHR SERVICES LTD

RHR SERVICES LTD (REGISTERED NUMBER: 13940268)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 25 FEBRUARY 2022 TO 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RHR SERVICES LTD

COMPANY INFORMATION
FOR THE PERIOD 25 FEBRUARY 2022 TO 28 FEBRUARY 2023







DIRECTORS: P A Williams
R H Round





REGISTERED OFFICE: 91b Gibbons Industrial Park
Dudley Road
Kingswinford
West Midlands
DY6 8XF





REGISTERED NUMBER: 13940268 (England and Wales)





ACCOUNTANTS: Williams Giles Professional Services Ltd
12 Conqueror Court
Sittingbourne
Kent
ME10 5BH

RHR SERVICES LTD (REGISTERED NUMBER: 13940268)

BALANCE SHEET
28 FEBRUARY 2023

Notes £    £   
FIXED ASSETS
Intangible assets 4 29,880
Tangible assets 5 1,426
31,306

CURRENT ASSETS
Debtors 6 7,293
Cash at bank 48,425
55,718
CREDITORS
Amounts falling due within one year 7 52,648
NET CURRENT ASSETS 3,070
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,376

PROVISIONS FOR LIABILITIES 4
NET ASSETS 34,372

CAPITAL AND RESERVES
Called up share capital 100
Share premium 33,100
Retained earnings 1,172
34,372

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

RHR SERVICES LTD (REGISTERED NUMBER: 13940268)

BALANCE SHEET - continued
28 FEBRUARY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2023 and were signed on its behalf by:





P A Williams - Director


RHR SERVICES LTD (REGISTERED NUMBER: 13940268)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 25 FEBRUARY 2022 TO 28 FEBRUARY 2023

1. STATUTORY INFORMATION

RHR Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
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 rendering of services.

Turnover from the rendering of motor maintenance and repair 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Goodwill
Goodwill, being the amount deemed to be paid on incorporation of the business on 1 April 2022, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

Financial instruments
Financial assets - trade and other debtors are basic financial instruments and debt instruments measured at fair value through the Income Statement and are measured subsequently at amortised cost. Prepayments are not financial instruments.

Cash comprises cash at bank, in hand and short term deposits with an original maturity date of three months or less. Cash at bank is measured at face value.

Financial liabilities - trade creditors and other creditors are measured initially at fair value through the Income Statement and are measured subsequently at amortised cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


RHR SERVICES LTD (REGISTERED NUMBER: 13940268)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 FEBRUARY 2022 TO 28 FEBRUARY 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 33,200
At 28 February 2023 33,200
AMORTISATION
Charge for period 3,320
At 28 February 2023 3,320
NET BOOK VALUE
At 28 February 2023 29,880

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
Additions 2,332
Disposals (480 )
At 28 February 2023 1,852
DEPRECIATION
Charge for period 426
At 28 February 2023 426
NET BOOK VALUE
At 28 February 2023 1,426

RHR SERVICES LTD (REGISTERED NUMBER: 13940268)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 FEBRUARY 2022 TO 28 FEBRUARY 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 3,536
Other debtors 3,757
7,293

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 405
Taxation and social security 6,847
Other creditors 45,396
52,648

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
£   
Within one year 5,175
Between one and five years 431
5,606