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REGISTERED NUMBER: 09124760 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2023

FOR

RDG ENGINEERING (TEMPORARY WORKS) LTD

RDG ENGINEERING (TEMPORARY WORKS) LTD (REGISTERED NUMBER: 09124760)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


RDG ENGINEERING (TEMPORARY WORKS) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2023







DIRECTORS: Mr R D Gold
Mr D Hopper
Mr D Milward





REGISTERED OFFICE: 97 Judd Street
Central London
London
WC1H 9JG





REGISTERED NUMBER: 09124760 (England and Wales)





ACCOUNTANTS: Alex Johnson Ltd
Chartered Certified Accountants
344 - 354 Grays Inn Road
London
WC1X 8BP

RDG ENGINEERING (TEMPORARY WORKS) LTD (REGISTERED NUMBER: 09124760)

STATEMENT OF FINANCIAL POSITION
31ST JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 12,800 13,600
Property, plant and equipment 5 13,669 17,086
26,469 30,686

CURRENT ASSETS
Inventories 110,382 83,558
Debtors 6 464,930 543,394
Cash at bank and in hand 36,398 17,325
611,710 644,277
CREDITORS
Amounts falling due within one year 7 900,878 1,000,316
NET CURRENT LIABILITIES (289,168 ) (356,039 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(262,699

)

(325,353

)

CREDITORS
Amounts falling due after more than one
year

8

30,001

40,003
NET LIABILITIES (292,700 ) (365,356 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (292,800 ) (365,456 )
SHAREHOLDERS' FUNDS (292,700 ) (365,356 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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.

RDG ENGINEERING (TEMPORARY WORKS) LTD (REGISTERED NUMBER: 09124760)

STATEMENT OF FINANCIAL POSITION - continued
31ST JULY 2023


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 17th April 2024 and were signed on its behalf by:





Mr R D Gold - Director


RDG ENGINEERING (TEMPORARY WORKS) LTD (REGISTERED NUMBER: 09124760)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2023

1. STATUTORY INFORMATION

RDG Engineering (Temporary Works) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

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.


RDG ENGINEERING (TEMPORARY WORKS) LTD (REGISTERED NUMBER: 09124760)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2023

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 36 (2022 - 37 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st August 2022
and 31st July 2023 20,000
AMORTISATION
At 1st August 2022 6,400
Charge for year 800
At 31st July 2023 7,200
NET BOOK VALUE
At 31st July 2023 12,800
At 31st July 2022 13,600

RDG ENGINEERING (TEMPORARY WORKS) LTD (REGISTERED NUMBER: 09124760)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2023

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1st August 2022
and 31st July 2023 70,442
DEPRECIATION
At 1st August 2022 53,356
Charge for year 3,417
At 31st July 2023 56,773
NET BOOK VALUE
At 31st July 2023 13,669
At 31st July 2022 17,086

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 464,930 543,394

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 347,599 330,674
Taxation and social security 250,394 190,508
Other creditors 302,885 479,134
900,878 1,000,316

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 30,001 40,003

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 30,001 40,003

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr R D Gold.

The director, Mr R D Gold, is the controlling party by virtue of his shareholding in the company.

RDG ENGINEERING (TEMPORARY WORKS) LTD (REGISTERED NUMBER: 09124760)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2023

10. FIXED AND FLOATING CHARGE

There was a fixed and floating change over the property and undertaking of the company in favour of Aldermore Bank PLC, created on 29 September 2017 that was satisfied on 14 December 2023.

There is a fixed and floating change over the property and undertaking of the company in favour of Bibby Financial Services Ltd, created on 13 December 2023.