Company Registration No. 02451366 (England and Wales)
RECTORY DESIGNS LTD.
Unaudited accounts
for the year ended 30 April 2023
RECTORY DESIGNS LTD.
Unaudited accounts
Contents
RECTORY DESIGNS LTD.
Company Information
for the year ended 30 April 2023
Directors
Mr Paul Bowyer
Mrs Hannah Matthews
Company Number
02451366 (England and Wales)
Registered Office
THE STABLES
WOOLASTON
LYDNEY
GLOUCESTERSHIRE
GL15 6PR
UNITED KINGDOM
Accountants
Mollio Limited
Merlin House
Langstone Business Park
Newport
NP18 2HJ
RECTORY DESIGNS LTD.
Statement of financial position
as at 30 April 2023
Tangible assets
37,074
11,805
Cash at bank and in hand
19,574
88,688
Creditors: amounts falling due within one year
(315,330)
(331,419)
Net current liabilities
(212,519)
(186,202)
Total assets less current liabilities
(175,445)
(174,397)
Creditors: amounts falling due after more than one year
(19,224)
(52,397)
Net liabilities
(194,669)
(226,794)
Called up share capital
10,002
10,002
Profit and loss account
(204,671)
(236,796)
Shareholders' funds
(194,669)
(226,794)
For the year ending 30 April 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 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 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 of Directors and authorised for issue on 24 July 2023 and were signed on its behalf by
Mrs Hannah Matthews
Director
Company Registration No. 02451366
RECTORY DESIGNS LTD.
Notes to the Accounts
for the year ended 30 April 2023
RECTORY DESIGNS LTD. is a private company, limited by shares, registered in England and Wales, registration number 02451366. The registered office is THE STABLES, WOOLASTON, LYDNEY, GLOUCESTERSHIRE, GL15 6PR, UNITED KINGDOM.
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
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% Reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2022
220,201
62,111
-
282,312
Additions
23,317
4,550
1,442
29,309
At 30 April 2023
243,518
66,661
1,442
311,621
At 1 May 2022
220,200
50,307
-
270,507
Charge for the year
-
3,992
48
4,040
At 30 April 2023
220,200
54,299
48
274,547
At 30 April 2023
23,318
12,362
1,394
37,074
At 30 April 2022
1
11,804
-
11,805
RECTORY DESIGNS LTD.
Notes to the Accounts
for the year ended 30 April 2023
Amounts falling due within one year
Trade debtors
15,182
41,474
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
35,187
19,831
Trade creditors
6,806
8,067
Taxes and social security
6,734
19,131
Other creditors
21,706
21,702
Loans from directors
237,044
249,600
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 5 (2022: 4).