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REGISTERED NUMBER: 13195814 (England and Wales)











Unaudited Financial Statements

for the Year Ended

29 February 2024

for

RG Engineering (NW) Limited

RG Engineering (NW) Limited (Registered number: 13195814)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


RG Engineering (NW) Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: D Rawlinson
Mrs S Rawlinson





REGISTERED OFFICE: 169 Limefield Brow
Bury
Lancashire
BL9 6QQ





REGISTERED NUMBER: 13195814 (England and Wales)





ACCOUNTANTS: Mosley & Co
14 Market Place
Ramsbottom
Bury
Lancashire
BL0 9HT

RG Engineering (NW) Limited (Registered number: 13195814)

Statement of Financial Position
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,159 39,980

CURRENT ASSETS
Debtors 5 32,721 -
Cash at bank 51,095 113,229
83,816 113,229
CREDITORS
Amounts falling due within one year 6 17,752 35,217
NET CURRENT ASSETS 66,064 78,012
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,223

117,992

CREDITORS
Amounts falling due after more than
one year

7

-

(4,396

)

PROVISIONS FOR LIABILITIES 8 (10,249 ) (7,596 )
NET ASSETS 96,974 106,000

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 96,874 105,900
96,974 106,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

RG Engineering (NW) Limited (Registered number: 13195814)

Statement of Financial Position - continued
29 February 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 April 2024 and were signed on its behalf by:





D Rawlinson - Director


RG Engineering (NW) Limited (Registered number: 13195814)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

RG Engineering (NW) 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 - 33% on cost, 25% on reducing balance and 20% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - NIL ) .

RG Engineering (NW) Limited (Registered number: 13195814)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 60,110
Additions 14,949
At 29 February 2024 75,059
DEPRECIATION
At 1 March 2023 20,130
Charge for year 13,770
At 29 February 2024 33,900
NET BOOK VALUE
At 29 February 2024 41,159
At 28 February 2023 39,980

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 29,481 -
Other debtors 3,240 -
32,721 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts 4,396 4,396
Trade creditors 1 672
Taxation and social security 8,275 23,118
Other creditors 5,080 7,031
17,752 35,217

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts - 4,396

RG Engineering (NW) Limited (Registered number: 13195814)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. PROVISIONS FOR LIABILITIES
29.2.24 28.2.23
£    £   
Deferred tax 10,249 7,596

Deferred
tax
£   
Balance at 1 March 2023 7,596
Provided during year 2,653
Balance at 29 February 2024 10,249