IRIS Accounts Production v24.3.0.553 08528083 Board of Directors 1.6.22 31.5.23 31.5.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh085280832022-05-31085280832023-05-31085280832022-06-012023-05-31085280832021-05-31085280832021-06-012022-05-31085280832022-05-3108528083ns15:EnglandWales2022-06-012023-05-3108528083ns14:PoundSterling2022-06-012023-05-3108528083ns10:Director12022-06-012023-05-3108528083ns10:PrivateLimitedCompanyLtd2022-06-012023-05-3108528083ns10:SmallEntities2022-06-012023-05-3108528083ns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3108528083ns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3108528083ns10:SmallCompaniesRegimeForAccounts2022-06-012023-05-3108528083ns10:FullAccounts2022-06-012023-05-3108528083ns10:OrdinaryShareClass12022-06-012023-05-3108528083ns10:Director22022-06-012023-05-3108528083ns10:RegisteredOffice2022-06-012023-05-3108528083ns5:CurrentFinancialInstruments2023-05-3108528083ns5:CurrentFinancialInstruments2022-05-3108528083ns5:Non-currentFinancialInstruments2023-05-3108528083ns5:Non-currentFinancialInstruments2022-05-3108528083ns5:ShareCapital2023-05-3108528083ns5:ShareCapital2022-05-3108528083ns5:RetainedEarningsAccumulatedLosses2023-05-3108528083ns5:RetainedEarningsAccumulatedLosses2022-05-3108528083ns5:PlantMachinery2022-05-3108528083ns5:FurnitureFittings2022-05-3108528083ns5:MotorVehicles2022-05-3108528083ns5:ComputerEquipment2022-05-3108528083ns5:PlantMachinery2022-06-012023-05-3108528083ns5:FurnitureFittings2022-06-012023-05-3108528083ns5:MotorVehicles2022-06-012023-05-3108528083ns5:ComputerEquipment2022-06-012023-05-3108528083ns5:PlantMachinery2023-05-3108528083ns5:FurnitureFittings2023-05-3108528083ns5:MotorVehicles2023-05-3108528083ns5:ComputerEquipment2023-05-3108528083ns5:PlantMachinery2022-05-3108528083ns5:FurnitureFittings2022-05-3108528083ns5:MotorVehicles2022-05-3108528083ns5:ComputerEquipment2022-05-3108528083ns5:CostValuation2022-05-3108528083ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3108528083ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-3108528083ns10:OrdinaryShareClass12023-05-31
REGISTERED NUMBER: 08528083 (England and Wales)















RHOS BUILDING LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023






RHOS BUILDING LTD (REGISTERED NUMBER: 08528083)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RHOS BUILDING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: N S Jameson
Ms N S McKibbin





REGISTERED OFFICE: Cartrefle
Station Road
Rhosneigr
Anglesey
LL64 5QP





REGISTERED NUMBER: 08528083 (England and Wales)





ACCOUNTANTS: Clarke Nicklin LLP
Chartered Accountants
Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD

RHOS BUILDING LTD (REGISTERED NUMBER: 08528083)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,239 12,785
Investments 5 33,386 33,386
44,625 46,171

CURRENT ASSETS
Stocks 2,470 2,350
Debtors 6 68,658 75,235
Cash at bank 210 758
71,338 78,343
CREDITORS
Amounts falling due within one year 7 87,188 58,798
NET CURRENT (LIABILITIES)/ASSETS (15,850 ) 19,545
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,775

65,716

CREDITORS
Amounts falling due after more than one
year

8

94,478

102,450
NET LIABILITIES (65,703 ) (36,734 )

CAPITAL AND RESERVES
Called up share capital 10 120 120
Retained earnings (65,823 ) (36,854 )
SHAREHOLDERS' FUNDS (65,703 ) (36,734 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

RHOS BUILDING LTD (REGISTERED NUMBER: 08528083)

BALANCE SHEET - continued
31 MAY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 October 2024 and were signed on its behalf by:





N S Jameson - Director


RHOS BUILDING LTD (REGISTERED NUMBER: 08528083)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023


1. STATUTORY INFORMATION

Rhos Building Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

RHOS BUILDING LTD (REGISTERED NUMBER: 08528083)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


2. ACCOUNTING POLICIES - continued

Government grants
Grant income receivable under the Coronavirus Job Retention Scheme ("CJRS") is recognised in the Income Statement on a straight line basis over the furlough period for each relevant employee.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2022 13,701 140 23,465 - 37,306
Additions - - - 1,264 1,264
At 31 May 2023 13,701 140 23,465 1,264 38,570
DEPRECIATION
At 1 June 2022 10,290 111 14,120 - 24,521
Charge for year 682 6 1,869 253 2,810
At 31 May 2023 10,972 117 15,989 253 27,331
NET BOOK VALUE
At 31 May 2023 2,729 23 7,476 1,011 11,239
At 31 May 2022 3,411 29 9,345 - 12,785

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 June 2022
and 31 May 2023 33,386
NET BOOK VALUE
At 31 May 2023 33,386
At 31 May 2022 33,386

RHOS BUILDING LTD (REGISTERED NUMBER: 08528083)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 55,985 42,879
Other debtors 4,617 4,617
Directors' current accounts - 19,683
Tax 8,056 8,056
68,658 75,235

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans 8,505 8,506
Tax 22,710 22,710
Social security and other taxes - 749
VAT 5,884 12,499
Other creditors 14,973 11,478
Directors' current accounts 32,117 -
Accrued expenses 2,999 2,856
87,188 58,798

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other loans - 1-2 years 7,956 7,956
Other loans - 2-5 years 86,522 94,494
94,478 102,450

9. SECURED DEBTS

The directors have provided a personal guarantee in relation to the company loan.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
120 Ordinary £1 120 120

11. ULTIMATE CONTROLLING PARTY

The company is under the joint control of the directors who own 100% of the issued share capital.