2023-04-01 07443343 2024-03-31 07443343 2023-04-01 2024-03-31 07443343 2023-03-31 07443343 2022-04-01 2023-03-31 07443343 uk-core:WithinOneYear 2023-03-31 07443343 uk-core:WithinOneYear 2024-03-31 07443343 uk-core:ShareCapital 2024-03-31 07443343 uk-core:ShareCapital 2023-03-31 07443343 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 07443343 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 07443343 uk-bus:Director1 2023-04-01 2024-03-31 07443343 uk-core:PlantMachinery 2023-04-01 2024-03-31 07443343 uk-core:ToolsEquipment 2023-04-01 2024-03-31 07443343 uk-core:CommercialMotorVehicles 2023-04-01 2024-03-31 07443343 uk-core:ToolsEquipment 2023-03-31 07443343 uk-core:CommercialMotorVehicles 2023-03-31 07443343 uk-core:PlantMachinery 2023-03-31 07443343 uk-core:PlantMachinery 2024-03-31 07443343 uk-core:CommercialMotorVehicles 2024-03-31 07443343 uk-core:ToolsEquipment 2024-03-31 iso4217:GBP xbrli:pure 07443343 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07443343 uk-bus:FRS102 2023-04-01 2024-03-31 07443343 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 07443343 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Rhodes Contracts Limited
Registered Number:07443343
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Rhodes Contracts Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07443343
As at 31 March 2024
Rhodes Contracts Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
6,630
8,357
2
6,630
8,357
Current assets
Trade and other receivables
4,356
498
3
135,834
Cash and cash equivalents
131,688
132,186
140,190
Trade and other payables: amounts falling due within one
year
(18,079)
(41,888)
4
122,111
90,298
Net current assets
Total assets less current liabilities
96,928
130,468
96,928
Net assets
130,468
Capital and reserves
Called up share capital
1
1
Retained earnings
96,927
130,467
96,928
130,468
Shareholders' funds
For the year ended 31 March 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
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 director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Peter Rhodes Director
These financial statements were approved and authorised for issue by the Board on 03 September 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2024
Rhodes Contracts Limited
Notes to the Financial Statements
Statutory Information
Rhodes Contracts Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07443343.
Registered address:
23 Porters Wood
St Albans
Hertfordshire
AL3 6PQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 31 March 2024
Rhodes Contracts Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 April 2023
32,643
1,838
30,455
350
549
549
-
-
Additions
At 31 March 2024
350
30,455
2,387
33,192
Provision for depreciation and impairment
At 01 April 2023
24,286
1,799
22,144
343
Charge for year
2,276
196
2,078
2
At 31 March 2024
26,562
1,995
24,222
345
At 31 March 2024
Net book value
5
6,233
392
6,630
At 31 March 2023
7
8,311
39
8,357
3. Trade and other receivables
2023
2024
£
£
Trade debtors
-
3,952
Other debtors
498
404
4,356
498
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
865
10,312
Other creditors
41,023
7,767
41,888
18,079
5. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
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