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REGISTERED NUMBER: 03910147 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

RJC Low Loaders Limited

RJC Low Loaders Limited (Registered number: 03910147)






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 3


RJC Low Loaders Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: R J Crawley
P Mullett





SECRETARY: P Mullett





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





REGISTERED NUMBER: 03910147 (England and Wales)





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

RJC Low Loaders Limited (Registered number: 03910147)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 5 1,386,804 1,179,482
Cash at bank and in hand 1,010,716 1,408,118
2,397,520 2,587,600
CREDITORS
Amounts falling due within one year 6 668,736 856,703
NET CURRENT ASSETS 1,728,784 1,730,897
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,728,784

1,730,897

CAPITAL AND RESERVES
Allotted, called up and fully
paid share capital 2 2
Retained earnings 1,728,782 1,730,895
SHAREHOLDERS' FUNDS 1,728,784 1,730,897

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.

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 Low Loaders Limited (Registered number: 03910147)

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

1. STATUTORY INFORMATION

RJC Low Loaders 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.

Turnover
Turnover represents the net invoiced value of services provided 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.

Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on the proportion of the total expected consideration at completion.

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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2023 - 39 ) .

RJC Low Loaders Limited (Registered number: 03910147)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 799,666 931,379
Amounts recoverable on contracts 41,000 -
Other debtors - 2,970
Directors' current accounts 287,977 140,472
Tax 88,902 67,716
Prepayments 169,259 36,945
1,386,804 1,179,482



6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 460,739 411,891
Amounts owed to group undertakings - 200,000
Tax 49,783 5,070
Social security and other taxes 39,614 46,100
VAT 87,878 143,902
Other creditors 24,954 21,466
Accrued expenses 5,768 28,274
668,736 856,703

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
R J Crawley
Balance outstanding at start of year 140,472 125,448
Amounts advanced 45,096 15,024
Amounts repaid (41,091 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 144,477 140,472

P Mullett
Balance outstanding at start of year - -
Amounts advanced 143,500 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 143,500 -

Interest is charged at 2.5% per annum on any overdrawn balances in excess of £10,000 and there are no fixed terms for repayment During the year the directors paid interest of £6,978 (2023- £3,246).

RJC Low Loaders Limited (Registered number: 03910147)

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

8. ULTIMATE CONTROLLING PARTY

The ultimate parent company is RJC Holdings Limited, a company incorporated in England and Wales, whose principal place of business is: Unit 1 & 2 Federal Estates, Newton Road, Higham Ferrers, Northants, NN10 8HW.