Company Registration No. SC461878 (Scotland)
R S Cable Services Ltd
Unaudited accounts
for the year ended 31 October 2023
R S Cable Services Ltd
Unaudited accounts
Contents
R S Cable Services Ltd
Company Information
for the year ended 31 October 2023
Company Number
SC461878 (Scotland)
Registered Office
Bluebell Lodge
Old Glasgow Road
Kilwinning
Ayrshire
KA13 7QL
Accountants
McKinnon & Co Ltd ACPA
33 Newmarket Street
Ayr
Ayrshire
KA7 1LL
R S Cable Services Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
200,677
109,028
Cash at bank and in hand
16,974
42,450
Creditors: amounts falling due within one year
(56,278)
(17,888)
Net current assets
72,170
87,010
Total assets less current liabilities
272,847
196,038
Creditors: amounts falling due after more than one year
(191,952)
(99,793)
Called up share capital
1
1
Profit and loss account
80,894
96,244
Shareholders' funds
80,895
96,245
For the year ending 31 October 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 July 2024 and were signed on its behalf by
Robert Kirk
Director
Company Registration No. SC461878
R S Cable Services Ltd
Notes to the Accounts
for the year ended 31 October 2023
R S Cable Services Ltd is a private company, limited by shares, registered in Scotland, registration number SC461878. The registered office is Bluebell Lodge, Old Glasgow Road, Kilwinning, Ayrshire, KA13 7QL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing
Motor vehicles
20% Reducing
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
11,945
63,100
49,700
124,745
Additions
-
107,251
-
107,251
At 31 October 2023
11,945
170,351
49,700
231,996
At 1 November 2022
-
8,639
7,078
15,717
Charge for the year
-
7,078
8,524
15,602
At 31 October 2023
-
15,717
15,602
31,319
At 31 October 2023
11,945
154,634
34,098
200,677
At 31 October 2022
11,945
54,461
42,622
109,028
R S Cable Services Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
24,405
-
Trade creditors
7,962
3,584
Taxes and social security
-
9,143
Loans from directors
46,687
5,161
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
190,861
64,586
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).