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REGISTERED NUMBER: 01999489 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

RJC Holdings Limited

RJC Holdings Limited (Registered number: 01999489)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


RJC Holdings Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: R J Crawley
P Mullett
S J Mullett





SECRETARY: P Mullett





REGISTERED OFFICE: Grove House
1 Grove Place
Bedford
MK40 3JJ





REGISTERED NUMBER: 01999489 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Chartered Accountants
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

RJC Holdings Limited (Registered number: 01999489)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,922,790 3,273,090
Investments 6 102 102
3,922,892 3,273,192

CURRENT ASSETS
Debtors 7 613,063 630,400
Cash at bank 1,717,237 902,970
2,330,300 1,533,370
CREDITORS
Amounts falling due within one year 8 1,114,250 411,263
NET CURRENT ASSETS 1,216,050 1,122,107
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,138,942

4,395,299

CREDITORS
Amounts falling due after more than one
year

9

(763,280

)

(590,629

)

PROVISIONS FOR LIABILITIES (499,970 ) (390,733 )
NET ASSETS 3,875,692 3,413,937

CAPITAL AND RESERVES
Allotted, called up and fully
paid share capital 200 200
Retained earnings 3,875,492 3,413,737
SHAREHOLDERS' FUNDS 3,875,692 3,413,937

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

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

RJC Holdings Limited (Registered number: 01999489)

Statement of Financial Position - continued
31 March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 July 2024 and were signed on its behalf by:




R J Crawley - Director



P Mullett - Director


RJC Holdings Limited (Registered number: 01999489)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

RJC Holdings 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 (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about RJC Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents the value of rentals receivable to the extent that there is a right to consideration and is recorded at the value of the consideration due. Turnover excludes value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Investments in subsidiaries
Investments in shares in subsidiaries are carried at cost less any necessary provision for impairment.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

RJC Holdings Limited (Registered number: 01999489)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Property, plant and equipment acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future finance charges, are included in creditors.

Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Motor
property fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2023 712,969 33,853 7,229,001 7,975,823
Additions - - 1,292,500 1,292,500
Disposals - - (660,512 ) (660,512 )
At 31 March 2024 712,969 33,853 7,860,989 8,607,811
DEPRECIATION
At 1 April 2023 - 30,924 4,671,809 4,702,733
Charge for year - 586 506,949 507,535
Eliminated on disposal - - (525,247 ) (525,247 )
At 31 March 2024 - 31,510 4,653,511 4,685,021
NET BOOK VALUE
At 31 March 2024 712,969 2,343 3,207,478 3,922,790
At 31 March 2023 712,969 2,929 2,557,192 3,273,090

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 102
NET BOOK VALUE
At 31 March 2024 102
At 31 March 2023 102

RJC Holdings Limited (Registered number: 01999489)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 216,840 200,400
Amounts owed by group undertakings - 200,000
Other debtors 230,000 230,000
VAT 166,223 -
613,063 630,400

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 430,102 361,165
Trade creditors 668,049 793
VAT - 33,400
Loan 10,000 10,000
Accrued expenses 6,099 5,905
1,114,250 411,263

Finance lease and hire purchase contracts are secured over the assets to which they relate.

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 763,280 590,629

Finance lease and hire purchase contracts are secured over the assets to which they relate.

10. RELATED PARTY DISCLOSURES

As at the balance sheet date the company was owed £230,000 (2023- £230,000) by RSC Property Limited, a company in which R J Crawley is a 50% shareholder. During the year the company paid interest of £0 (2023 - £0). The loan is repayable in 2024 or as otherwise agreed between the parties.

At the balance sheet date the company owed £10,000 to RJC Plant Hire Limited, a company under the control of P and Mrs S Mullett. The loan is interest free and there are no fixed terms for repayment.