RALSTON BUILDERS (RENFREWSHIRE) LTD.

Company Registration Number:
SC293819 (Scotland)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

RALSTON BUILDERS (RENFREWSHIRE) LTD.

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

RALSTON BUILDERS (RENFREWSHIRE) LTD.

Company Information

for the Period Ended 31 December 2023




Director: John M Wingate
Secretary: Lee Wingate
Registered office: 5
Kaimhill Holdings
Crosslee Road
Bridge Of Weir
Renfrewshire
PA11 3RQ
Company Registration Number: SC293819 (Scotland)

RALSTON BUILDERS (RENFREWSHIRE) LTD.

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

The principal activity of the company in the period under review was that of general builders.

Political and charitable donations

None

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
John M Wingate

Secretary
Lee Wingate

This report was approved by the board of directors on 28 March 2024
And Signed On Behalf Of The Board By:

Name: John M Wingate
Status: Director

RALSTON BUILDERS (RENFREWSHIRE) LTD.

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Turnover 357,554 329,967
Cost of sales ( 265,986 ) ( 246,709 )
Gross Profit or (Loss) 91,568 83,258
Administrative Expenses ( 97,978 ) ( 90,304 )
Operating Profit or (Loss) ( 6,410 ) ( 7,046 )
Profit or (Loss) Before Tax ( 6,410 ) ( 7,046 )
Tax on Profit 508 ( 469 )
Profit or (Loss) for Period ( 5,902 ) ( 7,515 )

The notes form part of these financial statements

RALSTON BUILDERS (RENFREWSHIRE) LTD.

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 12,417 29,398
Total fixed assets: 12,417 29,398
Current assets
Debtors: 5 840 840
Cash at bank and in hand: 24,970 27,338
Total current assets: 25,810 28,178
Creditors: amounts falling due within one year: 6 ( 25,320 ) ( 35,051 )
Net current assets (liabilities): 490 ( 6,873 )
Total assets less current liabilities: 12,907 22,525
Creditors: amounts falling due after more than one year: 7 ( 2,733 ) ( 6,448 )
Total net assets (liabilities): 10,174 16,077

The notes form part of these financial statements

RALSTON BUILDERS (RENFREWSHIRE) LTD.

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 10,172 16,075
Shareholders funds: 10,174 16,077

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 28 March 2024
And Signed On Behalf Of The Board By:

Name: John M Wingate
Status: Director

The notes form part of these financial statements

RALSTON BUILDERS (RENFREWSHIRE) LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RALSTON BUILDERS (RENFREWSHIRE) LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 3 3

RALSTON BUILDERS (RENFREWSHIRE) LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

RALSTON BUILDERS (RENFREWSHIRE) LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Plant & machinery Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 January 2023 80,667 - 59,228 139,895
Additions 3,129 - - 3,129
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 December 2023 83,796 - 59,228 143,024
Depreciation
At 01 January 2023 59,292 - 51,205 110,497
Charge for year 12,087 - 8,023 20,110
On disposals - - - -
Other adjustments - - - -
At 31 December 2023 71,379 - 59,228 130,607
Net book value
At 31 December 2023 12,417 - 0 12,417
At 31 December 2022 21,375 - 8,023 29,398

Tangible fixed assets are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost of the fixed assets less their estimated residual value, over their expected useful lives on the following basis:-

Motor Vehicles - 25% straight line
Plant & Machinery/Loose Tools - 25% straight line
Computer Equipment - 25% straight line
Office Equipment & Furniture - 25% straight line

RALSTON BUILDERS (RENFREWSHIRE) LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors


2023
£

2022
£
Other debtors 840 840
Total 840 840

RALSTON BUILDERS (RENFREWSHIRE) LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Amounts due under finance leases and hire purchase contracts 3,240
Trade creditors 9,163 15,256
Taxation and social security 9,917 16,795
Accruals and deferred income 3,000
Other creditors 3,000
Total 25,320 35,051

RALSTON BUILDERS (RENFREWSHIRE) LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Amounts due under finance leases and hire purchase contracts 2,733 6,448
Total 2,733 6,448