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Company Registration No. 12416613 (England and Wales)
R J Labour Hire Limited Unaudited accounts for the year ended 31 January 2024
R J Labour Hire Limited Unaudited accounts Contents
Page
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R J Labour Hire Limited Company Information for the year ended 31 January 2024
Directors
R Jones N Roberts
Company Number
12416613 (England and Wales)
Registered Office
Offices 1-4 Lower Trostre Road Llanelli SA15 2EA WALES
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R J Labour Hire Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
96,812 
99,345 
Current assets
Debtors
749,449 
793,250 
Cash at bank and in hand
94,789 
42,833 
844,238 
836,083 
Creditors: amounts falling due within one year
(780,932)
(720,292)
Net current assets
63,306 
115,791 
Total assets less current liabilities
160,118 
215,136 
Creditors: amounts falling due after more than one year
(109,261)
(105,035)
Net assets
50,857 
110,101 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
50,757 
110,001 
Shareholders' funds
50,857 
110,101 
For the year ending 31 January 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 5 September 2024 and were signed on its behalf by
R Jones Director Company Registration No. 12416613
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R J Labour Hire Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
R J Labour Hire Limited is a private company, limited by shares, registered in England and Wales, registration number 12416613. The registered office is Offices 1-4, Lower Trostre Road, Llanelli, SA15 2EA, WALES.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
33.33% Reducing Balance
Computer equipment
33.33% Reducing Balance
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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R J Labour Hire Limited Notes to the Accounts for the year ended 31 January 2024
Charges
Hitachi Capital (UK) PLC holds a fixed and floating charge and a negative pledge dated 5 March 2020 over R J Labour Hire Limited on all monies, obligations and liabilities which may be due to Hitachi Capital (UK) PLC now and in the future. (charge code 124166130001)
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
115,439 
6,894 
2,743 
125,076 
Additions
59,995 
- 
906 
60,901 
Disposals
(47,449)
- 
- 
(47,449)
At 31 January 2024
127,985 
6,894 
3,649 
138,528 
Depreciation
At 1 February 2023
21,192 
2,996 
1,543 
25,731 
Charge for the year
24,163 
1,286 
396 
25,845 
On disposals
(9,860)
- 
- 
(9,860)
At 31 January 2024
35,495 
4,282 
1,939 
41,716 
Net book value
At 31 January 2024
92,490 
2,612 
1,710 
96,812 
At 31 January 2023
94,247 
3,898 
1,200 
99,345 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
687,471 
687,708 
Amounts due from group undertakings etc.
14,800 
- 
Accrued income and prepayments
46,363 
104,879 
Other debtors
815 
663 
749,449 
793,250 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
623,333 
515,892 
VAT
29,900 
6,194 
Obligations under finance leases and hire purchase contracts
12,541 
11,571 
Trade creditors
1,000 
93,514 
Taxes and social security
48,976 
35,536 
Other creditors
- 
802 
Loans from directors
13,680 
7,980 
Accruals
51,502 
48,803 
780,932 
720,292 
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R J Labour Hire Limited Notes to the Accounts for the year ended 31 January 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
29,885 
34,007 
Obligations under finance leases and hire purchase contracts
79,376 
71,028 
109,261 
105,035 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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