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REGISTERED NUMBER: 00682953 (England and Wales)















Report of the Directors and

Financial Statements for the Year Ended 30 June 2023

for

R. J. Edwards & Company
(Engineers) Limited

R. J. Edwards & Company
(Engineers) Limited (Registered number: 00682953)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


R. J. Edwards & Company
(Engineers) Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: S Holmes
J Mitchell
R Jones
P Hilton
J S Mitchell
A Mitchell





REGISTERED OFFICE: Unit 15 Ashcroft Road
Knowsley Industrial Park
Liverpool
Merseyside
L33 7TW





REGISTERED NUMBER: 00682953 (England and Wales)





ACCOUNTANTS: M P Greaves Limited
Chartered Certified Accountants
74 Marmot Road
Liverpool
Merseyside
L37 6GB

R. J. Edwards & Company
(Engineers) Limited (Registered number: 00682953)

Report of the Directors
for the Year Ended 30 June 2023

The directors present their report with the financial statements of the company for the year ended 30 June 2023.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 July 2022 to the date of this report.

S Holmes
J Mitchell
R Jones
P Hilton
J S Mitchell
A Mitchell

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





R Jones - Director


12 March 2024

R. J. Edwards & Company
(Engineers) Limited (Registered number: 00682953)

Income Statement
for the Year Ended 30 June 2023

30.6.23 30.6.22
Notes £    £   

TURNOVER 2,443,581 2,182,933

Cost of sales 1,522,400 1,477,886
GROSS PROFIT 921,181 705,047

Administrative expenses 772,516 655,736
148,665 49,311

Other operating income 54 64
OPERATING PROFIT 4 148,719 49,375


Interest payable and similar expenses 9,572 7,738
PROFIT BEFORE TAXATION 139,147 41,637

Tax on profit 20,581 -
PROFIT FOR THE FINANCIAL YEAR 118,566 41,637

R. J. Edwards & Company
(Engineers) Limited (Registered number: 00682953)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 85,158 56,632

CURRENT ASSETS
Stocks 31,119 38,155
Debtors 6 407,922 506,353
Cash at bank and in hand 236,348 24,977
675,389 569,485
CREDITORS
Amounts falling due within one year 7 418,423 362,513
NET CURRENT ASSETS 256,966 206,972
TOTAL ASSETS LESS CURRENT
LIABILITIES

342,124

263,604

CREDITORS
Amounts falling due after more than one
year

8

76,927

116,973
NET ASSETS 265,197 146,631

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 263,197 144,631
SHAREHOLDERS' FUNDS 265,197 146,631

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

R. J. Edwards & Company
(Engineers) Limited (Registered number: 00682953)

Balance Sheet - continued
30 June 2023


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2024 and were signed on its behalf by:





R Jones - Director


R. J. Edwards & Company
(Engineers) Limited (Registered number: 00682953)

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

1. STATUTORY INFORMATION

R. J. Edwards & Company (Engineers) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2022 - 19 ) .

R. J. Edwards & Company
(Engineers) Limited (Registered number: 00682953)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. OPERATING PROFIT

The operating profit is stated after charging:

30.6.23 30.6.22
£    £   
Depreciation - owned assets 22,197 9,692

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 322,024
Additions 50,723
At 30 June 2023 372,747
DEPRECIATION
At 1 July 2022 265,392
Charge for year 22,197
At 30 June 2023 287,589
NET BOOK VALUE
At 30 June 2023 85,158
At 30 June 2022 56,632

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 40,223 14,216
Amounts recoverable on contract 265,662 370,555
Other debtors 102,037 121,582
407,922 506,353

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 40,000 40,000
Trade creditors 173,710 244,415
Taxation and social security 30,986 10,159
Other creditors 173,727 67,939
418,423 362,513

R. J. Edwards & Company
(Engineers) Limited (Registered number: 00682953)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans 76,667 116,667
Other creditors 260 306
76,927 116,973