Company registration number 12016793 (England and Wales)
R A Domestic Services (HX3) Ltd
Unaudited
financial statements
for the year ended 31 May 2023
PAGES FOR FILING WITH REGISTRAR
R A Domestic Services (HX3) Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
R A Domestic Services (HX3) Ltd
Statement of financial position
as at 31 May 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
4
16,200
16,200
Current assets
Debtors
5
3,072
1,779
Cash at bank and in hand
4,418
10,150
7,490
11,929
Creditors: amounts falling due within one year
6
(13,389)
(11,031)
Net current (liabilities)/assets
(5,899)
898
Total assets less current liabilities
10,301
17,098
Creditors: amounts falling due after more than one year
7
(9,203)
(16,411)
Net assets
1,098
687
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
998
587
Total equity
1,098
687
The director of the company has elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 5 February 2024
H R Brearley-Swaine
Director
Company registration number 12016793 (England and Wales)
R A Domestic Services (HX3) Ltd
Notes to the financial statements
for the year ended 31 May 2023
- 2 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Turnover
Turnover represents the fair value of the consideration received for goods and services provided in the normal course of business. Turnover is recognised upon the provision of goods and services.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Motor vehicles
25% Reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
R A Domestic Services (HX3) Ltd
Notes to the financial statements (continued)
for the year ended 31 May 2023
- 3 -
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
1
1
4
Tangible fixed assets
Motor vehicles
£
Cost
At 1 June 2022 and 31 May 2023
25,932
Depreciation and impairment
At 1 June 2022 and 31 May 2023
9,732
Carrying amount
At 31 May 2023
16,200
At 31 May 2022
16,200
5
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
3,072
1,779
6
Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans
7,008
6,808
Trade creditors
824
Corporation tax
5,557
4,223
13,389
11,031
7
Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans
9,203
16,411
R A Domestic Services (HX3) Ltd
Notes to the financial statements (continued)
for the year ended 31 May 2023
- 4 -
8
Company information
R A Domestic Services (HX3) Ltd is a private company limited by shares incorporated in England and Wales. The registered office is The Beeches, Upper Bell Croft, Southowram, Halifax, West Yorkshire, HX3 9RJ.