0 01/01/2023 31/12/2023 2023-12-31 true false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-01-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP NI664682 2023-01-01 2023-12-31 NI664682 2023-12-31 NI664682 2022-12-31 NI664682 2022-01-01 2022-12-31 NI664682 2022-12-31 NI664682 2021-12-31 NI664682 bus:RegisteredOffice 2023-01-01 2023-12-31 NI664682 bus:LeadAgentIfApplicable 2023-01-01 2023-12-31 NI664682 bus:Director1 2023-01-01 2023-12-31 NI664682 bus:Director2 2023-01-01 2023-12-31 NI664682 core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 NI664682 core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 NI664682 core:WithinOneYear 2023-12-31 NI664682 core:ShareCapital 2023-12-31 NI664682 core:ShareCapital 2022-12-31 NI664682 core:RetainedEarningsAccumulatedLosses 2023-12-31 NI664682 core:RetainedEarningsAccumulatedLosses 2022-12-31 NI664682 core:ShareCapital 2021-12-31 NI664682 core:RetainedEarningsAccumulatedLosses 2021-12-31 NI664682 core:PreviouslyStatedAmount core:ShareCapital 2023-12-31 NI664682 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 NI664682 core:Non-currentFinancialInstruments 2023-12-31 NI664682 core:Non-currentFinancialInstruments 2022-12-31 NI664682 bus:SmallEntities 2023-01-01 2023-12-31 NI664682 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 NI664682 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 NI664682 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 NI664682 bus:AbridgedAccounts 2023-01-01 2023-12-31
Company registration number: NI664682
RJS Operations Limited
Unaudited abridged financial statements
31 December 2023
RJS Operations Limited
Contents
Directors and other information
Directors report
Abridged statement of comprehensive income
Abridged statement of financial position
Statement of changes in equity
Notes to the financial statements
RJS Operations Limited
Directors and other information
Directors John Slowey
Ryan Jones
Company number NI664682
Registered office Ground Floor
25 Darling Street
Enniskillen
Co Fermanagh
BT74 7DP
Business address Ground Floor
25 Darling Street
Enniskillen
Co Fermanagh
BT74 7DP
Accountants Crudden Dolan Ltd
23-25 Darling Street
Enniskillen
Co Fermanagh
BT74 7DP
RJS Operations Limited
Directors report
Year ended 31 December 2023
The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2023.
Directors
The directors who served the company during the year were as follows:
John Slowey
Ryan Jones
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 31 July 2024 and signed on behalf of the board by:
John Slowey Ryan Jones
Director Director
RJS Operations Limited
Abridged statement of comprehensive income
Year ended 31 December 2023
2023 2022
Note £ £
Other operating expenses ( 662) ( 202)
_______ _______
Operating loss ( 662) ( 202)
Income from shares in group undertakings 842,570 378,575
_______ _______
Profit before taxation 841,908 378,373
Tax on profit - -
_______ _______
Profit for the financial year and total comprehensive income 841,908 378,373
_______ _______
All the activities of the company are from continuing operations.
RJS Operations Limited
Abridged statement of financial position
31 December 2023
2023 2022
Note £ £ £ £
Fixed assets
Investments 4 85 85
_______ _______
85 85
Current assets
Debtors 777,789 -
Cash at bank and in hand 231,500 282,312
_______ _______
1,009,289 282,312
Creditors: amounts falling due
within one year ( 1,009,069) -
_______ _______
Net current assets 220 282,312
_______ _______
Total assets less current liabilities 305 282,397
_______ _______
Net assets 305 282,397
_______ _______
Capital and reserves
Called up share capital 200 200
Profit and loss account 105 282,197
_______ _______
Shareholders funds 305 282,397
_______ _______
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the board of directors and authorised for issue on 31 July 2024 , and are signed on behalf of the board by:
John Slowey Ryan Jones
Director Director
Company registration number: NI664682
RJS Operations Limited
Statement of changes in equity
Year ended 31 December 2023
Called up share capital Profit and loss account Total
£ £ £
At 1 January 2022 200 1,559 1,759
Profit for the year 378,373 378,373
_______ _______ _______
Total comprehensive income for the year - 378,373 378,373
Dividends paid and payable ( 97,735) ( 97,735)
_______ _______ _______
Total investments by and distributions to owners - ( 97,735) ( 97,735)
_______ _______ _______
At 31 December 2022 and 1 January 2023 200 282,197 282,397
Profit for the year 841,908 841,908
_______ _______ _______
Total comprehensive income for the year - 841,908 841,908
Dividends paid and payable ( 1,124,000) ( 1,124,000)
_______ _______ _______
Total investments by and distributions to owners - ( 1,124,000) ( 1,124,000)
_______ _______ _______
At 31 December 2023 200 105 305
_______ _______ _______
RJS Operations Limited
Notes to the financial statements
Year ended 31 December 2023
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is Ground Floor, 25 Darling Street, Enniskillen, Co Fermanagh, BT74 7DP.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Investments
£
Cost
At 1 January 2023 and 31 December 2023 85
_______
Impairment
At 1 January 2023 and 31 December 2023 -
_______
Carrying amount
At 31 December 2023 85
_______
At 31 December 2022 85
_______