RJI Projects Ltd 06289255 false 2022-07-01 2023-06-30 2023-06-30 The principal activity of the company is Education & Graphic Design Digita Accounts Production Advanced 6.30.9574.0 true true 06289255 2022-07-01 2023-06-30 06289255 2023-06-30 06289255 bus:OrdinaryShareClass1 2023-06-30 06289255 core:RetainedEarningsAccumulatedLosses 2023-06-30 06289255 core:ShareCapital 2023-06-30 06289255 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 06289255 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-30 06289255 bus:SmallEntities 2022-07-01 2023-06-30 06289255 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 06289255 bus:AbridgedAccounts 2022-07-01 2023-06-30 06289255 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 06289255 bus:RegisteredOffice 2022-07-01 2023-06-30 06289255 bus:CompanySecretary1 2022-07-01 2023-06-30 06289255 bus:Director1 2022-07-01 2023-06-30 06289255 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 06289255 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 06289255 core:RetainedEarningsAccumulatedLosses 2022-07-01 2023-06-30 06289255 core:ShareCapital 2022-07-01 2023-06-30 06289255 core:FurnitureFittings 2022-07-01 2023-06-30 06289255 core:OfficeEquipment 2022-07-01 2023-06-30 06289255 core:OtherRelatedParties 2022-07-01 2023-06-30 06289255 countries:UnitedKingdom 2022-07-01 2023-06-30 06289255 2022-06-30 06289255 core:RetainedEarningsAccumulatedLosses 2022-06-30 06289255 core:ShareCapital 2022-06-30 06289255 2021-07-01 2022-06-30 06289255 2022-06-30 06289255 bus:OrdinaryShareClass1 2022-06-30 06289255 core:RetainedEarningsAccumulatedLosses 2022-06-30 06289255 core:ShareCapital 2022-06-30 06289255 core:CurrentFinancialInstruments core:WithinOneYear 2022-06-30 06289255 core:Non-currentFinancialInstruments core:AfterOneYear 2022-06-30 06289255 core:RetainedEarningsAccumulatedLosses 2021-07-01 2022-06-30 06289255 core:ShareCapital 2021-07-01 2022-06-30 06289255 2021-06-30 06289255 core:RetainedEarningsAccumulatedLosses 2021-06-30 06289255 core:ShareCapital 2021-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06289255

RJI Projects Ltd

Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 June 2023

 

RJI Projects Ltd

Contents

Company Information

1

Abridged Statement of Financial Position

2 to 3

Statement of Changes in Equity

4

Notes to the Unaudited Abridged Financial Statements

5 to 9

 

RJI Projects Ltd

Company Information

Director

Mr Richard John Pomfrett

Company secretary

Mrs Nicola Angela Pomfrett

Registered office

5 Tuners Lane
Crudwell
Malmesbury
Wiltshire
SN16 9EN

Accountants

Harland Accountants
Ground Floor, Unit 3 Southview House
St Austell Enterprise Park
Carclaze Down
St Austell
Cornwall
PL25 4EJ

 

RJI Projects Ltd

(Registration number: 06289255)
Abridged Statement of Financial Position as at 30 June 2023

Note

2023
£

2022
£

fixed assets

 

tangible assets

4

1,346

1,174

Current assets

 

Debtors

5,651

4,728

Cash at bank and in hand

 

11,144

19,620

 

16,795

24,348

Prepayments and accrued income

 

1,581

1,580

Creditors: Amounts falling due within one year

(5,244)

(5,880)

Net current assets

 

13,132

20,048

Total assets less current liabilities

 

14,478

21,222

Creditors: Amounts falling due after more than one year

(5,642)

(7,253)

Provisions for liabilities

(256)

(223)

Accruals and deferred income

 

(1,109)

(1,039)

Net assets

 

7,471

12,707

capital and reserves

 

Called up share capital

100

100

Profit and loss account

7,371

12,607

Total equity

 

7,471

12,707

For the financial year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

RJI Projects Ltd

(Registration number: 06289255)
Abridged Statement of Financial Position as at 30 June 2023

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.

All of the company’s members have consented to the preparation of an Abridged Statement of Financial Position in accordance with Section 444(2A) 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 director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 20 February 2024
 

.........................................

Mr Richard John Pomfrett

Director

 

RJI Projects Ltd

Statement of Changes in Equity for the Year Ended 30 June 2023

Share capital
£

Retained earnings
£

Total
£

At 1 July 2022

100

12,607

12,707

Profit for the year

-

4,708

4,708

Dividends

-

(9,944)

(9,944)

At 30 June 2023

100

7,371

7,471

Share capital
£

Retained earnings
£

Total
£

At 1 July 2021

100

16,992

17,092

Profit for the year

-

7,133

7,133

Dividends

-

(11,518)

(11,518)

At 30 June 2022

100

12,607

12,707

 

RJI Projects Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2023

1

General information

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

The address of its registered office is:
5 Tuners Lane
Crudwell
Malmesbury
Wiltshire
SN16 9EN

These financial statements were authorised for issue by the director on 20 February 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 abridged 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 abridged 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.

 

RJI Projects Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2023

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position 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.

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

Furniture and fittings

10% on cost

Office equipment

33% on cost

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.

 

RJI Projects Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2023

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

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

 

RJI Projects Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2023

4

Tangible assets

Total
£

Cost or valuation

At 1 July 2022

5,725

Additions

2,018

Disposals

(2,046)

At 30 June 2023

5,697

Depreciation

At 1 July 2022

4,550

Charge for the year

1,585

Eliminated on disposal

(1,784)

At 30 June 2023

4,351

Carrying amount

At 30 June 2023

1,346

At 30 June 2022

1,174

5

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

         

6

Related party transactions

Other transactions with the director

As at the 30 June 2023 Mr Richard Pomfrett had an overdrawn directors loan account of £2,078 (2022 £2,149).

 

RJI Projects Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2023

Summary of transactions with other related parties

As at the 30 June 2023, Jude Pomfrett, son of Richard Pomfrett owed the company £607 (2022 - £607).

As at the 30 June 2023, RJI Projects Ltd owed The Stay Safe Initiative CIC £1,500 (2022 - £900), the sole director of RJI Projects Ltd is also a director of The Stay Safe Initiative CIC.

During the accounting period RJI Projects Ltd have received £42,038 (2022 - £32,212) for services supplied to The Stay Safe Initiative CIC.