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REGISTERED NUMBER: 07292956 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 March 2024

for

RTS Infrastructure Services Limited

RTS Infrastructure Services Limited (Registered number: 07292956)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RTS Infrastructure Services Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: S Williams
Mrs D A Williams
C D Reid
M S Emmerson





SECRETARY: Mrs D A Williams





REGISTERED OFFICE: Leeds Holbeck Railway Depot
Nineveh Road
Leeds
West Yorkshire
LS11 9QG





REGISTERED NUMBER: 07292956 (England and Wales)





ACCOUNTANTS: J & C Accountants Ltd
Wyvols Court
Basingstoke Road
Swallowfield
Reading
Berkshire
RG7 1WY

RTS Infrastructure Services Limited (Registered number: 07292956)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 725,900 786,009
725,900 786,009

CURRENT ASSETS
Stocks 22,734 50,075
Debtors 6 4,745,765 2,257,617
Cash at bank 3,724,269 1,943,317
8,492,768 4,251,009
CREDITORS
Amounts falling due within one year 7 4,174,516 2,354,749
NET CURRENT ASSETS 4,318,252 1,896,260
TOTAL ASSETS LESS CURRENT LIABILITIES 5,044,152 2,682,269

PROVISIONS FOR LIABILITIES 165,000 140,000
NET ASSETS 4,879,152 2,542,269

RTS Infrastructure Services Limited (Registered number: 07292956)

Balance Sheet - continued
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 8 5,882 5,882
Share premium 7,144 7,144
Retained earnings 4,866,126 2,529,243
SHAREHOLDERS' FUNDS 4,879,152 2,542,269

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by:





S Williams - Director


RTS Infrastructure Services Limited (Registered number: 07292956)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

RTS Infrastructure Services Ltd is a private company, limited by shares, registered in England and Wales. The company's registered office is 07292956. The registered office and business address is Leeds Holbeck Railway, Nineveh Road, Leeds, West Yorkshire, LS11 9QG.

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
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of one years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 50% on cost, 20% on cost and 5% on cost

Stocks
Stocks are valued at the lower of cost 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 Income Statement, 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.


RTS Infrastructure Services Limited (Registered number: 07292956)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 2,800
AMORTISATION
At 1 April 2023
and 31 March 2024 2,800
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

RTS Infrastructure Services Limited (Registered number: 07292956)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 1,310,685
Additions 48,485
Disposals (29,323 )
At 31 March 2024 1,329,847
DEPRECIATION
At 1 April 2023 524,676
Charge for year 90,780
Eliminated on disposal (11,509 )
At 31 March 2024 603,947
NET BOOK VALUE
At 31 March 2024 725,900
At 31 March 2023 786,009

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 2,478,301 566,392
Amounts owed by group undertakings - 401,000
Other debtors 2,267,464 1,290,225
4,745,765 2,257,617

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 1,369,231 958,086
Taxation and social security 1,355,461 811,481
Other creditors 1,449,824 585,182
4,174,516 2,354,749

RTS Infrastructure Services Limited (Registered number: 07292956)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
5,882 Ordinary £1 5,882 5,882

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
S Williams and Mrs D A Williams
Balance outstanding at start of year - -
Amounts advanced 1,232,358 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,232,358 -

C D Reid
Balance outstanding at start of year - -
Amounts advanced 169,464 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 169,464 -

The overdrawn directors' loan accounts were fully repaid within nine months of the year end.