V S Robinson & Son Limited 03868164 false 2022-09-01 2023-08-31 2023-08-31 The principal activity of the company is Construction of other civil engineering projects not elsewhere classified Digita Accounts Production Advanced 6.30.9574.0 true true 03868164 2022-09-01 2023-08-31 03868164 2023-08-31 03868164 bus:OrdinaryShareClass1 2023-08-31 03868164 core:CurrentFinancialInstruments 2023-08-31 03868164 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 03868164 core:FurnitureFittingsToolsEquipment 2023-08-31 03868164 core:MotorVehicles 2023-08-31 03868164 bus:SmallEntities 2022-09-01 2023-08-31 03868164 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 03868164 bus:FullAccounts 2022-09-01 2023-08-31 03868164 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 03868164 bus:RegisteredOffice 2022-09-01 2023-08-31 03868164 bus:CompanySecretaryDirector2 2022-09-01 2023-08-31 03868164 bus:Director1 2022-09-01 2023-08-31 03868164 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 03868164 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 03868164 core:FurnitureFittingsToolsEquipment 2022-09-01 2023-08-31 03868164 core:MotorVehicles 2022-09-01 2023-08-31 03868164 countries:EnglandWales 2022-09-01 2023-08-31 03868164 2022-08-31 03868164 core:FurnitureFittingsToolsEquipment 2022-08-31 03868164 core:MotorVehicles 2022-08-31 03868164 2021-09-01 2022-08-31 03868164 2022-08-31 03868164 bus:OrdinaryShareClass1 2022-08-31 03868164 core:CurrentFinancialInstruments 2022-08-31 03868164 core:CurrentFinancialInstruments core:WithinOneYear 2022-08-31 03868164 core:FurnitureFittingsToolsEquipment 2022-08-31 03868164 core:MotorVehicles 2022-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03868164

V S Robinson & Son Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2023

 

V S Robinson & Son Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

V S Robinson & Son Limited

Company Information

Directors

Mr Raymond Victor John Robinson

Miss Elizabeth Robinson

Company secretary

Miss Elizabeth Robinson

Registered office

Lindenmuth House
37 Greenham Business Park
Greenham
Thatcham
Berkshire
RG19 6HW

Accountants

Opus Accounting Limited
Chartered Certified Accountants
Lindenmuth House
37 Greenham Business Park
Greenham
Thatcham
Berkshire
RG19 6HW

 

V S Robinson & Son Limited

(Registration number: 03868164)
Balance Sheet as at 31 August 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

2,847

3,381

Current assets

 

Debtors

5

845

894

Cash at bank and in hand

 

10,924

10,046

 

11,769

10,940

Creditors: Amounts falling due within one year

6

(147,521)

(145,982)

Net current liabilities

 

(135,752)

(135,042)

Net liabilities

 

(132,905)

(131,661)

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

(133,005)

(131,761)

Shareholders' deficit

 

(132,905)

(131,661)

For the financial year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their 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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 31 January 2024 and signed on its behalf by:
 

.........................................
Mr Raymond Victor John Robinson
Director

 

V S Robinson & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Lindenmuth House
37 Greenham Business Park
Greenham
Thatcham
Berkshire
RG19 6HW
England

These financial statements were authorised for issue by the Board on 31 January 2024.

2

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 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 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.

Going concern

The financial statements have been prepared on a going concern basis.

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;
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.

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.

 

V S Robinson & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023 (continued)

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

Furtniture fittings and equipment

15% and 25% on reducing balance

Motor vehicles

20% on reducing balance

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.

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.

 

V S Robinson & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023 (continued)

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 September 2022

20,042

25,190

45,232

At 31 August 2023

20,042

25,190

45,232

Depreciation

At 1 September 2022

17,000

24,851

41,851

Charge for the year

466

68

534

At 31 August 2023

17,466

24,919

42,385

Carrying amount

At 31 August 2023

2,576

271

2,847

At 31 August 2022

3,042

339

3,381

5

Debtors

Current

2023
£

2022
£

Prepayments

826

804

Other debtors

19

90

 

845

894

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Accruals and deferred income

1,002

1,002

Other creditors

146,519

144,980

147,521

145,982

 

V S Robinson & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023 (continued)

7

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

         

8

Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

2023
£

2022
£

Remuneration

5,000

4,543