Company Registration No. 04350713 (England and Wales)
R.S. Glass Design Limited
Unaudited accounts
for the year ended 31 January 2024
R.S. Glass Design Limited
Unaudited accounts
Contents
R.S. Glass Design Limited
Company Information
for the year ended 31 January 2024
Company Number
04350713 (England and Wales)
Registered Office
Regent House
Folds Road
Bolton
BL1 2RZ
United Kingdom
Accountants
Xeinadin Group
Regent House
Folds Road
Bolton
BL1 2RZ
R.S. Glass Design Limited
Statement of financial position
as at 31 January 2024
Tangible assets
1,611
1,896
Cash at bank and in hand
12,708
36,192
Creditors: amounts falling due within one year
(42,149)
(61,252)
Net current assets
10,628
21,241
Total assets less current liabilities
12,239
23,137
Creditors: amounts falling due after more than one year
(11,600)
(19,497)
Provisions for liabilities
Called up share capital
102
102
Profit and loss account
231
2,884
Shareholders' funds
333
2,986
For the year ending 31 January 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 October 2024 and were signed on its behalf by
Mr Stuart Reddy
Director
Company Registration No. 04350713
R.S. Glass Design Limited
Notes to the Accounts
for the year ended 31 January 2024
R.S. Glass Design Limited is a private company, limited by shares, registered in England and Wales, registration number 04350713. The registered office is Regent House, Folds Road, Bolton, BL1 2RZ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
Goodwill 5% Straight line method.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
R.S. Glass Design Limited
Notes to the Accounts
for the year ended 31 January 2024
4
Intangible fixed assets
Total
5
Tangible fixed assets
Total
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
1 Ordinary A share of £1 each
1
1
1 Ordinary B share of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).