RLC M&E SERVICES LIMITED

Company Registration Number:
09448110 (England and Wales)

Unaudited abridged accounts for the year ended 27 February 2024

Period of accounts

Start date: 28 February 2023

End date: 27 February 2024

RLC M&E SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 27 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

RLC M&E SERVICES LIMITED

Company Information

for the Period Ended 27 February 2024




Director: S R Livesey
S C Purchase
G Harper
Registered office: 35
Sandy Way
Amington Industrial Estate
Tamworth
Staffordshire
England
B77 4DS
Company Registration Number: 09448110 (England and Wales)

RLC M&E SERVICES LIMITED

Directors' Report Period Ended 27 February 2024

The directors present their report with the financial statements of the company for the period ended 27 February 2024

Additional information

COMPANY DETAILS Private company limited by shares registered in EW - England and Wales, registered number 09448110 ACCOUNTANTS HPW Accountants Chartered Accountants 9 Hey Cliff Road Holmfirth West Yorkshire HD9 1XD

Directors

The directors shown below have held office during the whole of the period from 28 February 2023 to 27 February 2024
S R Livesey
S C Purchase
G Harper

This report was approved by the board of directors on 20 November 2024
And Signed On Behalf Of The Board By:

Name: S R Livesey
Status: Director

RLC M&E SERVICES LIMITED

Profit and Loss Account

for the Period Ended 27 February 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 240,566 174,258
Distribution Costs ( 56,267 ) ( 41,709 )
Administrative Expenses ( 172,690 ) ( 128,078 )
Operating Profit or (Loss) 11,609 4,471
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 750 ) ( 688 )
Profit or (Loss) Before Tax 10,859 3,783
Tax on Profit ( 2,062 ) ( 718 )
Profit or (Loss) for Period 8,797 3,065

The notes form part of these financial statements

RLC M&E SERVICES LIMITED

Balance sheet

As at 27 February 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 301 301
Total fixed assets: 301 301
Current assets
Stocks: 1,087,883 590,380
Debtors: 364,587 339,051
Cash at bank and in hand: 99,217 27,082
Total current assets: 1,551,687 956,513
Prepayments and accrued income: 652,447 2,433
Creditors: amounts falling due within one year: ( 1,948,219 ) ( 707,343 )
Net current assets (liabilities): 255,915 251,603
Total assets less current liabilities: 256,216 251,904
Creditors: amounts falling due after more than one year: ( 31,654 ) ( 38,201 )
Accruals and deferred income: ( 1,500 ) ( 1,500 )
Total net assets (liabilities): 223,062 212,203

The notes form part of these financial statements

RLC M&E SERVICES LIMITED

Balance sheet continued

As at 27 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 700,000 700,000
Profit and loss account: ( 476,938 ) ( 487,797 )
Shareholders funds: 223,062 212,203

For the year ending 27 February 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 20 November 2024
And Signed On Behalf Of The Board By:

Name: S R Livesey
Status: Director

The notes form part of these financial statements

RLC M&E SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 27 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    1e. Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

    Tangible fixed assets depreciation policy

    1b. Depreciation
    Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
    Plant and Machinery %
    Commercial Vehicles %
    Equipment %

    Intangible fixed assets amortisation policy

    1c. Stocks
    Stocks are stated at the lower cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which compromise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
    When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

    Other accounting policies

    1d. Pension Costs The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

RLC M&E SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 27 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 14 14

RLC M&E SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 27 February 2024

  • 3. Off balance sheet disclosure

    No

RLC M&E SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 27 February 2024

4. Tangible Assets

Total
Cost £
At 28 February 2023 119,690
Additions -
Disposals -
Revaluations -
Transfers -
At 27 February 2024 119,690
Depreciation
At 28 February 2023 119,389
Charge for year -
On disposals -
Other adjustments -
At 27 February 2024 119,389
Net book value
At 27 February 2024 301
At 27 February 2023 301