R.S. Estates Limited 04075748 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is General Construction & Civil Engineering. Digita Accounts Production Advanced 6.30.9574.0 true 04075748 2023-04-01 2024-03-31 04075748 2024-03-31 04075748 core:RetainedEarningsAccumulatedLosses 2024-03-31 04075748 core:ShareCapital 2024-03-31 04075748 core:CurrentFinancialInstruments 2024-03-31 04075748 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 04075748 core:FurnitureFittingsToolsEquipment 2024-03-31 04075748 core:MotorVehicles 2024-03-31 04075748 core:OtherPropertyPlantEquipment 2024-03-31 04075748 bus:SmallEntities 2023-04-01 2024-03-31 04075748 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 04075748 bus:FullAccounts 2023-04-01 2024-03-31 04075748 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04075748 bus:RegisteredOffice 2023-04-01 2024-03-31 04075748 bus:Director2 2023-04-01 2024-03-31 04075748 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04075748 core:ComputerEquipment 2023-04-01 2024-03-31 04075748 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 04075748 core:MotorVehicles 2023-04-01 2024-03-31 04075748 core:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 04075748 core:PlantMachinery 2023-04-01 2024-03-31 04075748 countries:England 2023-04-01 2024-03-31 04075748 2023-03-31 04075748 core:FurnitureFittingsToolsEquipment 2023-03-31 04075748 core:MotorVehicles 2023-03-31 04075748 core:OtherPropertyPlantEquipment 2023-03-31 04075748 2022-04-01 2023-03-31 04075748 2023-03-31 04075748 core:RetainedEarningsAccumulatedLosses 2023-03-31 04075748 core:ShareCapital 2023-03-31 04075748 core:CurrentFinancialInstruments 2023-03-31 04075748 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 04075748 core:FurnitureFittingsToolsEquipment 2023-03-31 04075748 core:MotorVehicles 2023-03-31 04075748 core:OtherPropertyPlantEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 04075748

R.S. Estates Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024

 

R.S. Estates Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 5

 

R.S. Estates Limited

(Registration number: 04075748)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

1,503

2,387

Current assets

 

Debtors

5

-

7,171

Cash at bank and in hand

 

3,747

3,960

 

3,747

11,131

Creditors: Amounts falling due within one year

6

(10,375)

(8,298)

Net current (liabilities)/assets

 

(6,628)

2,833

Net (liabilities)/assets

 

(5,125)

5,220

Capital and reserves

 

Called up share capital

2

2

Retained earnings

(5,127)

5,218

Shareholders' (deficit)/funds

 

(5,125)

5,220

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 October 2024 and signed on its behalf by:
 

.........................................
Mr JF Hall
Director

 

R.S. Estates Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
12 Sunbury Close
Wilmslow
Cheshire
SK9 3UD

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively
enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

R.S. Estates Limited

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

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & machinery

15% on reducing balance

Computer equipment

33% on cost

Motor vehicles

25% on reducing balance

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

R.S. Estates Limited

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

4

Tangible assets

Computer equipment
£

Motor vehicles
 £

Other property, plant and equipment
 £

Total
£

Cost or valuation

At 1 April 2023

2,175

29,800

705

32,680

At 31 March 2024

2,175

29,800

705

32,680

Depreciation

At 1 April 2023

1,003

28,642

648

30,293

Charge for the year

586

289

9

884

At 31 March 2024

1,589

28,931

657

31,177

Carrying amount

At 31 March 2024

586

869

48

1,503

At 31 March 2023

1,172

1,158

57

2,387

 

R.S. Estates Limited

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

5

Debtors

Current

2024
£

2023
£

Trade debtors

-

7,171

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Trade creditors

 

345

45

Taxation and social security

 

2,637

3,833

Other creditors

 

7,393

4,420

 

10,375

8,298