R & S Components Ltd 08267221 selling upholstery products, PVC rolls, nuts, bolts and fabric for furniture making mainly to the furniture manufacturers. false 1 November 2022 08267221 2022-11-01 2023-10-31 08267221 2022-10-31 08267221 2023-10-31 08267221 2021-11-01 2022-10-31 08267221 2021-10-31 08267221 2022-10-31 08267221 frs102-bus:FRS102 2022-11-01 2023-10-31 08267221 frs102-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 08267221 frs102-bus:FullAccounts 2022-11-01 2023-10-31 08267221 frs102-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 08267221 frs102-core:CurrentFinancialInstruments 2023-10-31 08267221 frs102-core:CurrentFinancialInstruments 2022-10-31 08267221 frs102-core:Non-currentFinancialInstruments 2023-10-31 08267221 frs102-core:Non-currentFinancialInstruments 2022-10-31 08267221 frs102-core:ShareCapital 2023-10-31 08267221 frs102-core:ShareCapital 2022-10-31 08267221 frs102-core:RetainedEarningsAccumulatedLosses 2023-10-31 08267221 frs102-core:RetainedEarningsAccumulatedLosses 2022-10-31 08267221 frs102-bus:Director1 2022-11-01 2023-10-31 08267221 frs102-core:OfficeEquipment 2022-11-01 2023-10-31 08267221 frs102-core:Vehicles 2022-11-01 2023-10-31 08267221 frs102-core:OfficeEquipment 2022-10-31 08267221 frs102-core:Vehicles 2022-10-31 08267221 frs102-core:OfficeEquipment 2023-10-31 08267221 frs102-core:Vehicles 2023-10-31 08267221 frs102-core:OfficeEquipment 2022-10-31 08267221 frs102-core:Vehicles 2022-10-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
08267221
R & S Components Ltd
Unaudited Accounts
for the year ended
31 October 2023
R & S Components Ltd
Balance Sheet
as at 31 October 2023
Notes
2023
£
2022
£
Fixed assets
Tangible assets 4 39,179 13,340
39,179 13,340
Current assets
Stocks 350,000 525,000
Debtors 5 544,881 526,182
Cash at bank and in hand 52,555 222,531
947,436 1,273,713
Creditors: amounts falling due within one year 6 (465,328) (867,334)
Net current assets / (liabilities) 482,108 406,379
Total assets less current liabilities 521,287 419,719
Creditors: amounts falling due after more than one year 7 (228,557) (359,479)
Provisions for liabilities (0) (0)
Total net assets (liabilities) 292,730 60,240
Capital and reserves
Called up share capital 100 100
Profit and loss account 292,630 60,140
Shareholders' funds 292,730 60,240

R & S Components Ltd
Balance Sheet
as at 31 October 2023



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 October 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr A Javeed

Director


Approved by the board on 3 September 2024

Company Number: 08267221 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Unit 2
Field Lane
Batley
West Yorkshire
WF17 5AE

R & S Components Ltd
Notes to the Accounts
for the year ended 31 October 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Office equipment 18% Reducing Balance
Vehicles 18% Reducing Balance
2. Profit or loss

Profit before tax is stated after charging the following:

2023

2022
£ £
Directors' remuneration 52,624 46,800

3. Employees
2023 2022
Average number of employees during the period 10 10

4. Tangible fixed assets
Office equipment Vehicles Total
Cost or valuation £ £ £
At 1 November 2022 9,833 26,175 36,008
Additions 0 34,439 34,439
At 31 October 2023 9,833 60,614 70,447
Depreciation
At 1 November 2022 6,095 16,573 22,668
Charge for the period 673 7,927 8,600
At 31 October 2023 6,768 24,500 31,268
Net book value
At 31 October 2023 3,065 36,114 39,179
At 31 October 2022 3,738 9,602 13,340

5. Debtors
2023 2022
£ £
Trade debtors 25,196 53,741
Other debtors 519,685 472,441
544,881 526,182

6. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 214,170 750,033
Taxation & social security 251,158 117,301
465,328 867,334

7. Creditors: amounts falling due after one year
2023 2022
£ £
Bank Loans & overdrafts 138,686 218,879
Other 89,871 140,600
228,557 359,479