Company Registration No. 12445610 (England and Wales)
RSGD (SHEFF) LIMITED
Unaudited accounts
for the year ended 31 March 2023
RSGD (SHEFF) LIMITED
Unaudited accounts
Contents
RSGD (SHEFF) LIMITED
Company Information
for the year ended 31 March 2023
Company Number
12445610 (England and Wales)
Registered Office
EAGLE HOUSE EAGLE WAY
NORTHFLEET
GRAVESEND
DA11 9BJ
ENGLAND
RSGD (SHEFF) LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
373,181
427,305
Cash at bank and in hand
24,874
(9,483)
Creditors: amounts falling due within one year
(629,835)
(576,676)
Net current liabilities
(435,784)
(450,570)
Total assets less current liabilities
(62,603)
(23,265)
Creditors: amounts falling due after more than one year
(87,801)
(106,257)
Net liabilities
(150,404)
(129,522)
Called up share capital
100
100
Profit and loss account
(150,504)
(129,622)
Shareholders' funds
(150,404)
(129,522)
For the year ending 31 March 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 20 September 2023 and were signed on its behalf by
Mr Vipul Sharma
Director
Company Registration No. 12445610
RSGD (SHEFF) LIMITED
Notes to the Accounts
for the year ended 31 March 2023
RSGD (SHEFF) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12445610. The registered office is EAGLE HOUSE EAGLE WAY, NORTHFLEET, GRAVESEND, DA11 9BJ, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2022
170,220
272,014
442,234
At 31 March 2023
170,220
283,997
454,217
At 1 April 2022
4,728
10,201
14,929
Charge for the year
11,348
54,759
66,107
At 31 March 2023
16,076
64,960
81,036
At 31 March 2023
154,144
219,037
373,181
At 31 March 2022
165,492
261,813
427,305
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Fixtures & fittings
94,951
118,689
RSGD (SHEFF) LIMITED
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
46,663
21,583
Amounts due from group undertakings etc.
77,725
-
Accrued income and prepayments
13,389
9,883
Other debtors
20,000
98,923
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
18,455
17,057
Trade creditors
108,040
117,940
Amounts owed to group undertakings and other participating interests
471,705
413,095
Taxes and social security
15,672
1,658
Other creditors
10,463
21,426
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
87,801
106,257
Aggregate of amounts that fall due for payment after five years
-
24,047
The parent and ultimate controlling company is RSGD Holdings 3 Limited.
9
Average number of employees
During the year the average number of employees was 30 (2022: 15).