RBT UNDERFLOOR LIMITED

Company Registration Number:
SC459693 (Scotland)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

RBT UNDERFLOOR LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Additional notes
Balance sheet notes

RBT UNDERFLOOR LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 7,357 9,070
Total fixed assets: 7,357 9,070
Current assets
Stocks: 4 167,960 157,736
Debtors: 5 159,504 275,674
Cash at bank and in hand: 217,655 197,763
Total current assets: 545,119 631,173
Creditors: amounts falling due within one year: 6 ( 104,836 ) ( 196,034 )
Net current assets (liabilities): 440,283 435,139
Total assets less current liabilities: 447,640 444,209
Creditors: amounts falling due after more than one year: 7 ( 19,274 ) ( 29,923 )
Provision for liabilities: ( 1,839 ) ( 1,723 )
Total net assets (liabilities): 426,527 412,563
Capital and reserves
Called up share capital: 100 100
Other reserves: 426,427 412,463
Total Shareholders' funds: 426,527 412,563

The notes form part of these financial statements

RBT UNDERFLOOR LIMITED

Balance sheet statements

For the year ending 31 December 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 27 August 2024
and signed on behalf of the board by:

Name: Michael Stuart Allan
Status: Director

The notes form part of these financial statements

RBT UNDERFLOOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities

    Tangible fixed assets depreciation policy

    Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Asset class Depreciation method and rate Plant and machinery 25% reducing balance

RBT UNDERFLOOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 8 8

RBT UNDERFLOOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 25,066 25,066
Additions 2,485 2,485
Disposals
Revaluations
Transfers
At 31 December 2023 27,551 27,551
Depreciation
At 1 January 2023 15,996 15,996
Charge for year 4,198 4,198
On disposals
Other adjustments
At 31 December 2023 20,194 20,194
Net book value
At 31 December 2023 7,357 7,357
At 31 December 2022 9,070 9,070

RBT UNDERFLOOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Stocks

2023 2022
£ £
Stocks 167,960 157,736
Total 167,960 157,736

RBT UNDERFLOOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors

2023 2022
£ £
Trade debtors 151,626 254,192
Prepayments and accrued income 7,878 7,510
Other debtors 13,972
Total 159,504 275,674

RBT UNDERFLOOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 10,649 9,768
Trade creditors 46,813 146,812
Taxation and social security 39,607 15,160
Accruals and deferred income 7,125 5,750
Other creditors 642 18,544
Total 104,836 196,034

RBT UNDERFLOOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 19,274 29,923
Total 19,274 29,923