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REGISTERED NUMBER: 13433880 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30th June 2024

for

RJ Wood Contracting Ltd

RJ Wood Contracting Ltd (Registered number: 13433880)






Contents of the Financial Statements
for the Year Ended 30th June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RJ Wood Contracting Ltd

Company Information
for the Year Ended 30th June 2024







DIRECTOR: R J Wood





REGISTERED OFFICE: Permanent House
Dundas Street
Huddersfield
HD1 2EX





REGISTERED NUMBER: 13433880 (England and Wales)

RJ Wood Contracting Ltd (Registered number: 13433880)

Balance Sheet
30th June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,500 12,000
Tangible assets 5 27,421 25,144
37,921 37,144

CURRENT ASSETS
Stocks 25,161 -
Debtors 6 52,676 42,847
Cash at bank 28,231 75,452
106,068 118,299
CREDITORS
Amounts falling due within one year 7 25,052 40,171
NET CURRENT ASSETS 81,016 78,128
TOTAL ASSETS LESS CURRENT
LIABILITIES

118,937

115,272

CREDITORS
Amounts falling due after more than one
year

8

(5,674

)

(9,952

)

PROVISIONS FOR LIABILITIES (5,148 ) (6,187 )
NET ASSETS 108,115 99,133

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 108,114 99,132
SHAREHOLDERS' FUNDS 108,115 99,133

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30th June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

RJ Wood Contracting Ltd (Registered number: 13433880)

Balance Sheet - continued
30th June 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10th September 2024 and were signed by:





R J Wood - Director


RJ Wood Contracting Ltd (Registered number: 13433880)

Notes to the Financial Statements
for the Year Ended 30th June 2024

1. STATUTORY INFORMATION

RJ Wood Contracting 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 33.3% on Reducing Balance
Motor vehicles - 25% on Reducing Balance
Computer equipment - 33.3% Straight Line Basis

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Stocks and work in progress is valued at the lower of cost and net realisable value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

RJ Wood Contracting Ltd (Registered number: 13433880)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st July 2023
and 30th June 2024 15,000
AMORTISATION
At 1st July 2023 3,000
Charge for year 1,500
At 30th June 2024 4,500
NET BOOK VALUE
At 30th June 2024 10,500
At 30th June 2023 12,000

RJ Wood Contracting Ltd (Registered number: 13433880)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st July 2023 42,578
Additions 12,690
At 30th June 2024 55,268
DEPRECIATION
At 1st July 2023 17,434
Charge for year 10,413
At 30th June 2024 27,847
NET BOOK VALUE
At 30th June 2024 27,421
At 30th June 2023 25,144

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1st July 2023
and 30th June 2024 29,995
DEPRECIATION
At 1st July 2023 12,630
Charge for year 4,341
At 30th June 2024 16,971
NET BOOK VALUE
At 30th June 2024 13,024
At 30th June 2023 17,365

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 34,182 20,332
Other debtors 18,494 22,515
52,676 42,847

RJ Wood Contracting Ltd (Registered number: 13433880)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts 4,278 4,278
Trade creditors 17,959 5,527
Other creditors 2,815 30,366
25,052 40,171

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts 5,674 9,952

9. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Hire purchase contracts 9,952 14,230

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
1 Ordinary £1 1 1

11. ULTIMATE CONTROLLING PARTY

The controlling party is R J Wood.