RHB Construction Limited 07886540 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is construction. Digita Accounts Production Advanced 6.30.9574.0 true 07886540 2023-01-01 2023-12-31 07886540 2023-12-31 07886540 core:RetainedEarningsAccumulatedLosses 2023-12-31 07886540 core:ShareCapital 2023-12-31 07886540 core:CurrentFinancialInstruments 2023-12-31 07886540 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 07886540 core:FurnitureFittingsToolsEquipment 2023-12-31 07886540 core:MotorVehicles 2023-12-31 07886540 core:OtherPropertyPlantEquipment 2023-12-31 07886540 bus:SmallEntities 2023-01-01 2023-12-31 07886540 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07886540 bus:FullAccounts 2023-01-01 2023-12-31 07886540 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07886540 bus:RegisteredOffice 2023-01-01 2023-12-31 07886540 bus:Director1 2023-01-01 2023-12-31 07886540 bus:Director2 2023-01-01 2023-12-31 07886540 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07886540 core:FurnitureFittingsToolsEquipment 2023-01-01 2023-12-31 07886540 core:MotorCars 2023-01-01 2023-12-31 07886540 core:MotorVehicles 2023-01-01 2023-12-31 07886540 core:OtherPropertyPlantEquipment 2023-01-01 2023-12-31 07886540 core:PlantMachinery 2023-01-01 2023-12-31 07886540 countries:EnglandWales 2023-01-01 2023-12-31 07886540 2022-12-31 07886540 core:FurnitureFittingsToolsEquipment 2022-12-31 07886540 core:MotorVehicles 2022-12-31 07886540 core:OtherPropertyPlantEquipment 2022-12-31 07886540 2022-01-01 2022-12-31 07886540 2022-12-31 07886540 core:RetainedEarningsAccumulatedLosses 2022-12-31 07886540 core:ShareCapital 2022-12-31 07886540 core:CurrentFinancialInstruments 2022-12-31 07886540 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 07886540 core:FurnitureFittingsToolsEquipment 2022-12-31 07886540 core:MotorVehicles 2022-12-31 07886540 core:OtherPropertyPlantEquipment 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 07886540

RHB Construction Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023

 

RHB Construction Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 6

 

RHB Construction Limited

Company Information

Directors

Mr R J Heath

Mr A M Heath

Registered office

7-9 Macon Court
Crewe
Cheshire
CW1 6EA

Accountants

Alextra Group Limited
Chartered Certified Accountants
7-9 Macon Court
Crewe
Cheshire
CW1 6EA

 

RHB Construction Limited

(Registration number: 07886540)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

71,071

68,098

Current assets

 

Stocks

5

10,000

10,000

Debtors

6

475,981

295,706

Cash at bank and in hand

 

8,411

147,168

 

494,392

452,874

Creditors: Amounts falling due within one year

7

(315,481)

(333,948)

Net current assets

 

178,911

118,926

Net assets

 

249,982

187,024

Capital and reserves

 

Called up share capital

100

100

Retained earnings

249,882

186,924

Shareholders' funds

 

249,982

187,024

For the financial 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 accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 18 March 2024 and signed on its behalf by:
 

.........................................
Mr A M Heath
Director

   
     
 

RHB Construction Limited

Notes to the Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

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 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.

 

RHB Construction Limited

Notes to the Financial Statements for the Year Ended 31 December 2023

Tax

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet 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

15% on written down value

Motor vehicles

20% on written down value

Furniture, fittings, tools and equipment

20% on written down value

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 15 (2022 - 14).

 

RHB Construction Limited

Notes to the Financial Statements for the Year Ended 31 December 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 January 2023

4,529

19,774

139,253

163,556

Additions

323

10,023

10,890

21,236

Disposals

(142)

(7,974)

(14,477)

(22,593)

At 31 December 2023

4,710

21,823

135,666

162,199

Depreciation

At 1 January 2023

2,995

14,883

77,580

95,458

Charge for the year

341

2,716

10,375

13,432

Eliminated on disposal

-

(6,636)

(11,126)

(17,762)

At 31 December 2023

3,336

10,963

76,829

91,128

Carrying amount

At 31 December 2023

1,374

10,860

58,837

71,071

At 31 December 2022

1,534

4,891

61,673

68,098

5

Stocks

2023
£

2022
£

Other inventories

10,000

10,000

6

Debtors

Current

2023
£

2022
£

Trade debtors

302,027

91,494

Prepayments

87

100

Other debtors

173,867

204,112

 

475,981

295,706

 

RHB Construction Limited

Notes to the Financial Statements for the Year Ended 31 December 2023

7

Creditors

Creditors: amounts falling due within one year

Note

2023
 £

2022
 £

Due within one year

 

Trade creditors

 

215,722

293,796

Social security and other taxes

 

33,728

11,146

Other creditors

 

8,163

1,190

Accrued expenses

 

3,906

668

Corporation tax liability

53,962

27,148

 

315,481

333,948