COMPANY REGISTRATION NUMBER:
00968333
Rheidol Builders (Wales) Limited |
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Filleted Unaudited Financial Statements |
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Rheidol Builders (Wales) Limited |
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Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements |
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Year ended 30 June 2024
As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 30 June 2024, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Clay Shaw Thomas Ltd
2 Oldfield Road
Bocam Park
Bridgend
CF35 5LJ
15 October 2024
Rheidol Builders (Wales) Limited |
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Statement of Financial Position |
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30 June 2024
Current assets
Cash at bank and in hand |
239,037 |
|
262,498 |
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|
|
|
Creditors: amounts falling due within one year |
4 |
1,331 |
|
21,684 |
|
--------- |
|
--------- |
Net current assets |
|
237,706 |
240,814 |
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|
--------- |
--------- |
Total assets less current liabilities |
|
237,706 |
240,814 |
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--------- |
--------- |
Net assets |
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237,706 |
240,814 |
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|
--------- |
--------- |
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|
|
|
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Capital and reserves
Called up share capital |
|
900 |
900 |
Profit and loss account |
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236,806 |
239,914 |
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|
--------- |
--------- |
Shareholders funds |
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237,706 |
240,814 |
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|
--------- |
--------- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
15 October 2024
, and are signed on behalf of the board by:
Company registration number:
00968333
Rheidol Builders (Wales) Limited |
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Notes to the Financial Statements |
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Year ended 30 June 2024
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Oldfield Road, Bocam Park, Bridgend, CF35 5LJ, United Kingdom.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
The turnover shown in the profit and loss accounts represents rents received and proceeds from sales of property.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
4.
Creditors:
amounts falling due within one year
|
2024 |
2023 |
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£ |
£ |
Social security and other taxes |
– |
19,977 |
Other creditors |
1,331 |
1,707 |
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------- |
-------- |
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1,331 |
21,684 |
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------- |
-------- |
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