Company Registration No. 11086397 (England and Wales)
RSC Construction Limited
Unaudited accounts
for the year ended 30 November 2023
RSC Construction Limited
Unaudited accounts
Contents
RSC Construction Limited
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
53,957
46,763
Creditors: amounts falling due within one year
(10,768)
(28,026)
Net current assets
43,189
63,231
Total assets less current liabilities
43,299
64,287
Creditors: amounts falling due after more than one year
(2,062)
-
Called up share capital
100
100
Profit and loss account
41,137
64,187
Shareholders' funds
41,237
64,287
For the year ending 30 November 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 28 August 2024 and were signed on its behalf by
Rajinder Singh
Director
Company Registration No. 11086397
RSC Construction Limited
Notes to the Accounts
for the year ended 30 November 2023
RSC Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 11086397. The registered office is C/O Accounts & Tax Advisor Ltd, 27 Mayesbrook Road, Dagenham, Essex, RM8 2EA, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
RSC Construction Limited
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
2,000
17,167
1,900
21,067
At 30 November 2023
2,000
17,167
2,899
22,066
At 1 December 2022
2,000
16,808
1,203
20,011
Charge for the year
-
1,286
659
1,945
At 30 November 2023
2,000
18,094
1,862
21,956
At 30 November 2023
-
(927)
1,037
110
At 30 November 2022
-
359
697
1,056
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
449
1,352
Other creditors
2,404
4,715
Loans from directors
3,480
21,959
7
Creditors: amounts falling due after more than one year
2023
2022
Taxes and social security
2,062
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The company was under the control of Mr Rajinder Singh throughout the current and previous year. Mr Singh is the managing director and majority shareholder.
RSC Construction Limited
Notes to the Accounts
for the year ended 30 November 2023
10
Average number of employees
During the year the average number of employees was 3 (2022: 4).