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RH Services (UK) Limited
Registered Number:07149246
For the year ended 28 February 2023
England and Wales
Report of the Directors and Financial Statements
2
For the year ended 28 February 2023
RH Services (UK) Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
07149246
As at 28 February 2023
RH Services (UK) Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Intangible assets
26,075
29,800
2
Property, plant and equipment
39,166
50,661
3
65,241
80,461
Current assets
Trade and other receivables
8,638
14,982
4
1,804
Cash and cash equivalents
4,429
19,411
10,442
Trade and other payables: amounts falling due within one
year
(1,762)
(4,809)
5
8,680
14,602
Net current assets
Total assets less current liabilities
79,843
89,141
Trade and other payables: amounts falling due after more
than one year
(86,671)
(70,201)
6
9,642
Net assets
2,470
Capital and reserves
Called up share capital
1
1
Retained earnings
9,641
2,469
9,642
2,470
Shareholders' funds
For the year ended 28 February 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
A Smith Director
These financial statements were approved and authorised for issue by the Board on 28 November 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 28 February 2023
RH Services (UK) Limited
Notes to the Financial Statements
Statutory Information
RH Services (UK) Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07149246.
Principal place of business:
8 Hopefield Drive
Leeds
West Yorkshire
LS26 0GG
Registered address:
36 Ropergate
Pontefract
West Yorkshire
WF8 1LY
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15% Reducing balance
25% Reducing balance
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.
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5
For the year ended 28 February 2023
RH Services (UK) Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 March 2022
74,500
At 28 February 2023
74,500
Amortisation
At 01 March 2022
44,700
3,725
Charge for year
At 28 February 2023
48,425
Net book value
At 28 February 2023
26,075
At 28 February 2022
29,800
3. Property, plant and equipment
Total
Motor vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 March 2022
97,564
60,431
37,133
646
-
646
Additions
At 28 February 2023
37,779
60,431
98,210
Provision for depreciation and impairment
At 01 March 2022
46,903
15,340
31,563
Charge for year
12,141
11,273
868
At 28 February 2023
59,044
26,613
32,431
At 28 February 2023
Net book value
5,348
33,818
39,166
At 28 February 2022
5,570
45,091
50,661
Land & Buildings revaluation carried out 25 August 2021.
4. Trade and other receivables
2022
2023
£
£
Trade debtors
14,289
7,945
Other debtors
693
693
8,638
14,982
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6
For the year ended 28 February 2023
RH Services (UK) Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
483
156
Taxation and social security
2,544
-
Other creditors
1,782
1,606
4,809
1,762
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
70,201
86,671
7. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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