Registered number
11747936
R C Automation Limited
Unaudited Filleted Accounts
31 December 2023
R C Automation Limited
Registered number: 11747936
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 397 405
Current assets
Debtors 4 28,017 4,115
Cash at bank and in hand 21,470 18,080
49,487 22,195
Creditors: amounts falling due within one year 5 (19,942) (9,010)
Net current assets 29,545 13,185
Total assets less current liabilities 29,942 13,590
Creditors: amounts falling due after more than one year 6 (9,634) (13,317)
Net assets 20,308 273
Capital and reserves
Called up share capital 100 100
Profit and loss account 20,208 173
Shareholders' funds 20,308 273
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ryan Clark
Director
Approved by the board on 11 July 2024
R C Automation Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2023 1,161
Additions 125
At 31 December 2023 1,286
Depreciation
At 1 January 2023 756
Charge for the year 133
At 31 December 2023 889
Net book value
At 31 December 2023 397
At 31 December 2022 405
4 Debtors 2023 2022
£ £
Trade debtors 26,565 -
Other debtors 1,452 4,115
28,017 4,115
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 821 2,120
Taxation and social security costs 18,471 5,755
Other creditors 650 1,135
19,942 9,010
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 9,634 13,317
7 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Ryan Clark
Loan 1,062 390 - 1,452
1,062 390 - 1,452
8 Other information
R C Automation Limited is a private company limited by shares and incorporated in England. Its registered office is:
116 Warmingham Lane
Middlewich
Cheshire
CW10 0HN
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