RCSB Group Ltd Filleted Accounts Cover
RCSB Group Ltd
Company No. 08272415
Information for Filing with The Registrar
31 March 2023
RCSB Group Ltd Balance Sheet Registrar
at
31 March 2023
Company No.
08272415
Notes
2023
2022
£
£
Fixed assets
Intangible assets
4
--
Tangible assets
5
73,545102,092
73,545102,092
Current assets
Stocks
6
475,9281,154,904
Debtors
7
2,887,4461,010,282
Cash at bank and in hand
1,2005,467
3,364,5742,170,653
Creditors: Amount falling due within one year
8
(2,243,344)
(795,262)
Net current assets
1,121,2301,375,391
Total assets less current liabilities
1,194,7751,477,483
Creditors: Amounts falling due after more than one year
9
(30,690)
(40,703)
Net assets
1,164,0851,436,780
Capital and reserves
Called up share capital
44
Profit and loss account
10
1,164,0811,436,776
Total equity
1,164,0851,436,780
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 March 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 11 March 2024
And signed on its behalf by:
D. Deloughery
Director
11 March 2024
RCSB Group Ltd Notes to the Accounts Registrar
for the year ended 31 March 2023
1
General information
Its registered number is: 08272415
Its registered office is:
Suite 2 Regency House
Harold Wood
Romford
Essex
RM3 0BP
The functional and presentational currency of the company is Sterling . The monetary amounts in the accounts are rounded to the nearest pound.
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.
2
Accounting policies
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Plant and machinery
10% Straight line
Motor vehicles
10% Straight line
Furniture, fittings and equipment
10% Straight line
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Financial instruments
The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic financial instruments measured at fair value.
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
22
4
Intangible fixed assets
Goodwill
Total
£
£
Cost
At 1 April 2022
5,0005,000
At 31 March 2023
5,0005,000
Amortisation and impairment
At 1 April 2022
5,0005,000
At 31 March 2023
5,0005,000
Net book values
At 31 March 2023
--
At 31 March 2022
--
5
Tangible fixed assets
Plant and machinery
Motor vehicles
Fixtures, fittings and equipment
Total
£
£
£
£
Cost or revaluation
At 1 April 2022
143,725291,26436,522471,511
Disposals
-
(6,950)
-
(6,950)
At 31 March 2023
143,725284,31436,522464,561
Depreciation
At 1 April 2022
166,450179,45223,517369,419
Charge for the year
-17,9453,65221,597
At 31 March 2023
166,450197,39727,169391,016
Net book values
At 31 March 2023
(22,725)
86,9179,35373,545
At 31 March 2022
(22,725)
111,81213,005102,092
6
Stocks
2023
2022
£
£
Work in progress
475,9281,154,904
475,9281,154,904
7
Debtors
2023
2022
£
£
Trade debtors
2,659,558660,081
Amounts owed by group undertakings
109,001-
Corporation tax recoverable
75,56275,562
VAT recoverable
11,01121,300
Loans to directors
-221,025
Other debtors
32,31432,314
2,887,4461,010,282
8
Creditors amounts falling due within one year:
2023
2022
£
£
Bank loans and overdrafts
177,383-
Obligations under finance lease and hire purchase contracts
5201,750
Trade creditors
1,916,181762,252
Amounts owed to group undertakings
-25,427
Other taxes and social security
71,163-
Loans from directors
72,212-
Other creditors
2,2852,285
Accruals and deferred income
3,6003,548
2,243,344795,262
9
Creditors amounts falling due after more than one year:
2023
2022
£
£
Bank loans and overdrafts
30,69040,703
30,69040,703
10
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
11
Dividends
2023
2022
£
£
Dividends for the period:
Dividends paid in the period
-
113,860
-
113,860
Dividends by type:
Equity dividends
-113,860
-
113,860
12
Related party disclosures
At the balance sheet date £72,212 was owed to the director by the company.
Controlling party
Immediate controlling party
D. Deloughery controls the company
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