R L SURVEYS LIMITED

Company Registration Number:
07706617 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

R L SURVEYS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

R L SURVEYS LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 15,242 19,238
Total fixed assets: 15,242 19,238
Current assets
Stocks: 29 1,991
Debtors:   9,945 12,803
Cash at bank and in hand: 17,884 44,902
Total current assets: 27,858 59,696
Creditors: amounts falling due within one year:   (16,890) (37,600)
Net current assets (liabilities): 10,968 22,096
Total assets less current liabilities: 26,210 41,334
Total net assets (liabilities): 26,210 41,334
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 26,208 41,332
Shareholders funds: 26,210 41,334

The notes form part of these financial statements

R L SURVEYS LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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 directors acknowledge their 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 September 2024
and signed on behalf of the board by:

Name: Mr Michael Holiday
Status: Director

The notes form part of these financial statements

R L SURVEYS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods - turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services - turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery 25% reducing balance. Fixtures & Fittings 20% reducing balance. Office Equipment 33% straight line.

Other accounting policies

Stocks and Work in Progress - stock & work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work in Progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

R L SURVEYS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 2 3

R L SURVEYS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 65,001
Additions 1,560
Disposals (249)
At 30 June 2024 66,312
Depreciation
At 01 July 2023 45,763
Charge for year 5,543
On disposals (236)
At 30 June 2024 51,070
Net book value
At 30 June 2024 15,242
At 30 June 2023 19,238