IRIS Accounts Production v24.1.9.2 04108231 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh041082312023-05-31041082312024-05-31041082312023-06-012024-05-31041082312022-05-31041082312022-06-012023-05-31041082312023-05-3104108231ns15:EnglandWales2023-06-012024-05-3104108231ns14:PoundSterling2023-06-012024-05-3104108231ns10:Director12023-06-012024-05-3104108231ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3104108231ns10:SmallEntities2023-06-012024-05-3104108231ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3104108231ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3104108231ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3104108231ns10:FullAccounts2023-06-012024-05-3104108231ns10:Director22023-06-012024-05-3104108231ns10:Director52023-06-012024-05-3104108231ns10:Director62023-06-012024-05-3104108231ns10:RegisteredOffice2023-06-012024-05-3104108231ns5:CurrentFinancialInstruments2024-05-3104108231ns5:CurrentFinancialInstruments2023-05-3104108231ns5:ShareCapital2024-05-3104108231ns5:ShareCapital2023-05-3104108231ns5:RetainedEarningsAccumulatedLosses2024-05-3104108231ns5:RetainedEarningsAccumulatedLosses2023-05-3104108231ns5:PlantMachinery2023-06-012024-05-3104108231ns5:FurnitureFittings2023-06-012024-05-3104108231ns5:MotorVehicles2023-06-012024-05-3104108231ns5:PlantMachinery2023-05-3104108231ns5:FurnitureFittings2023-05-3104108231ns5:MotorVehicles2023-05-3104108231ns5:PlantMachinery2024-05-3104108231ns5:FurnitureFittings2024-05-3104108231ns5:MotorVehicles2024-05-3104108231ns5:PlantMachinery2023-05-3104108231ns5:FurnitureFittings2023-05-3104108231ns5:MotorVehicles2023-05-3104108231ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3104108231ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-31
REGISTERED NUMBER: 04108231 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

RR ENGINEERING LIMITED

RR ENGINEERING LIMITED (REGISTERED NUMBER: 04108231)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


RR ENGINEERING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Mr Matthew James Taylor
Mr Jamie Thompson
Mr Jamie Stephen Dixon
Mrs Karen Bulman





REGISTERED OFFICE: 7 Thornburgh Road
Eastfield
Scarborough
North Yorkshire
YO11 3UY





REGISTERED NUMBER: 04108231 (England and Wales)





ACCOUNTANTS: Fortus Limited
Business Advisors & Accountants
5&6 Manor Court
Manor Garth
Scarborough
North Yorkshire
YO11 3TU

RR ENGINEERING LIMITED (REGISTERED NUMBER: 04108231)

STATEMENT OF FINANCIAL POSITION
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 262,557 279,267

CURRENT ASSETS
Stocks 34,106 97,510
Debtors 5 318,372 480,878
Cash at bank and in hand 343,095 215,343
695,573 793,731
CREDITORS
Amounts falling due within one year 6 296,247 324,568
NET CURRENT ASSETS 399,326 469,163
TOTAL ASSETS LESS CURRENT LIABILITIES 661,883 748,430

PROVISIONS FOR LIABILITIES 57,271 59,611
NET ASSETS 604,612 688,819

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 604,412 688,619
604,612 688,819

RR ENGINEERING LIMITED (REGISTERED NUMBER: 04108231)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 2024


The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 May 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.

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 25 July 2024 and were signed on its behalf by:





Mrs Karen Bulman - Director


RR ENGINEERING LIMITED (REGISTERED NUMBER: 04108231)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

RR Engineering 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.

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


The level of rounding used in the financial statements is to the nearest £1.

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
The turnover shown in the profit and loss account represents the total invoice value, excluding value added tax, of sales made during the year. Sales are recognised in the profit and loss account at the point of sale.

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 - 10% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 25% on reducing balance

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

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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.

RR ENGINEERING LIMITED (REGISTERED NUMBER: 04108231)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


2. ACCOUNTING POLICIES - continued

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 16 (2023 - 19 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 June 2023 734,353 32,644 47,902 814,899
Additions 754 17,710 - 18,464
At 31 May 2024 735,107 50,354 47,902 833,363
DEPRECIATION
At 1 June 2023 484,768 27,419 23,445 535,632
Charge for year 26,809 2,800 5,565 35,174
At 31 May 2024 511,577 30,219 29,010 570,806
NET BOOK VALUE
At 31 May 2024 223,530 20,135 18,892 262,557
At 31 May 2023 249,585 5,225 24,457 279,267

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 303,237 462,681
Other debtors 15,135 18,197
318,372 480,878

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 146,332 124,795
Taxation and social security 136,880 164,149
Other creditors 13,035 35,624
296,247 324,568

RR ENGINEERING LIMITED (REGISTERED NUMBER: 04108231)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


7. RELATED PARTY TRANSACTIONS

The company's employee ownership trust (EOT) acquired 100% of the shares in the company and holds them in trust for employees. In 2024 £312,000 (2023- £185,000) was contributed to the EOT from the company.