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REGISTERED NUMBER: 11713879 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

R.A.S MASONRY LTD

R.A.S MASONRY LTD (REGISTERED NUMBER: 11713879)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R.A.S MASONRY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mr Robert Adam Salt





REGISTERED OFFICE: 41 Gildercliffe
Scarborough
North Yorkshire
YO12 6NT





REGISTERED NUMBER: 11713879 (England and Wales)





ACCOUNTANTS: Fortus Limited
Business Advisors & Accountants
5&6 Manor Court
Manor Garth
Scarborough
North Yorkshire
YO11 3TU

R.A.S MASONRY LTD (REGISTERED NUMBER: 11713879)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 29,825 50,923

CURRENT ASSETS
Stocks 14,000 5,700
Debtors 5 12,275 32,957
Cash at bank 222,997 246,018
249,272 284,675
CREDITORS
Amounts falling due within one year 6 128,544 154,169
NET CURRENT ASSETS 120,728 130,506
TOTAL ASSETS LESS CURRENT LIABILITIES 150,553 181,429

CREDITORS
Amounts falling due after more than one
year

7

(28,673

)

(37,427

)

PROVISIONS FOR LIABILITIES (7,456 ) (12,731 )
NET ASSETS 114,424 131,271

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 114,324 131,171
SHAREHOLDERS' FUNDS 114,424 131,271

R.A.S MASONRY LTD (REGISTERED NUMBER: 11713879)

BALANCE SHEET - continued
31 DECEMBER 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 September 2024 and were signed by:





Mr Robert Adam Salt - Director


R.A.S MASONRY LTD (REGISTERED NUMBER: 11713879)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

R.A.S Masonry Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


The level of rounding used in the financial statements is to the nearest £1.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
The turnover shown in the profit and loss account represents the total invoice value, excluding value
added tax, of sales made during the year. Sales are recognised in the profit and loss account in the
period in which the sales relates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 33% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of costs and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Government grants
The company has adopted the accrual model in regards to grants.

R.A.S MASONRY LTD (REGISTERED NUMBER: 11713879)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 16,191 72,071 2,897 91,159
Additions 1,854 - - 1,854
Disposals - (17,500 ) - (17,500 )
At 31 December 2023 18,045 54,571 2,897 75,513
DEPRECIATION
At 1 January 2023 5,805 32,263 2,168 40,236
Charge for year 4,954 7,491 663 13,108
Eliminated on disposal - (7,656 ) - (7,656 )
At 31 December 2023 10,759 32,098 2,831 45,688
NET BOOK VALUE
At 31 December 2023 7,286 22,473 66 29,825
At 31 December 2022 10,386 39,808 729 50,923

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2023 71,525
Disposals (17,500 )
At 31 December 2023 54,025
DEPRECIATION
At 1 January 2023 32,161
Charge for year 7,380
Eliminated on disposal (7,656 )
At 31 December 2023 31,885
NET BOOK VALUE
At 31 December 2023 22,140
At 31 December 2022 39,364

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 246 24,781
Other debtors 12,029 8,176
12,275 32,957

R.A.S MASONRY LTD (REGISTERED NUMBER: 11713879)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 2,662 2,743
Hire purchase contracts 5,987 19,904
Trade creditors 13,152 8,312
Taxation and social security 38,924 28,242
Other creditors 67,819 94,968
128,544 154,169

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 18,007 20,774
Hire purchase contracts 10,666 16,653
28,673 37,427

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 16,653 36,557