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Company Registration No. 11851004 (England and Wales)
R.S. SERVICES (LINCS) LTD Unaudited accounts for the year ended 29 February 2024
R.S. SERVICES (LINCS) LTD Unaudited accounts Contents
Page
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R.S. SERVICES (LINCS) LTD Company Information for the year ended 29 February 2024
Director
Mark Raven-Smith
Company Number
11851004 (England and Wales)
Registered Office
82A JAMES CARTER ROAD MILDENHALL BURY ST. EDMUNDS IP28 7DE ENGLAND
Accountants
Rosebery Accountancy Ltd G11 3 Cavendish Court South Parade Doncaster South Yorkshire DN1 2DJ
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R.S. SERVICES (LINCS) LTD Accountants' report
Accountants' report to the director of R.S. SERVICES (LINCS) LTD (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 29 February 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 29 February 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Rosebery Accountancy Ltd G11 3 Cavendish Court South Parade Doncaster South Yorkshire DN1 2DJ 15 November 2024
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R.S. SERVICES (LINCS) LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,306 
1,988 
Investments
1,813 
1,813 
4,119 
3,801 
Current assets
Debtors
120 
3,423 
Investments
1,011 
262 
Cash at bank and in hand
1,328 
(2,492)
2,459 
1,193 
Creditors: amounts falling due within one year
(11,008)
(5,726)
Net current liabilities
(8,549)
(4,533)
Total assets less current liabilities
(4,430)
(732)
Creditors: amounts falling due after more than one year
1,523 
(4,568)
Net liabilities
(2,907)
(5,300)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(2,908)
(5,301)
Shareholders' funds
(2,907)
(5,300)
For the year ending 29 February 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 November 2024 and were signed on its behalf by
Mark Raven-Smith Director Company Registration No. 11851004
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R.S. SERVICES (LINCS) LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
R.S. SERVICES (LINCS) LTD is a private company, limited by shares, registered in England and Wales, registration number 11851004. The registered office is 82A JAMES CARTER ROAD, MILDENHALL, BURY ST. EDMUNDS, IP28 7DE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 March 2023
2,485 
Additions
895 
At 29 February 2024
3,380 
Depreciation
At 1 March 2023
497 
Charge for the year
577 
At 29 February 2024
1,074 
Net book value
At 29 February 2024
2,306 
At 28 February 2023
1,988 
5
Investments
Other investments 
£ 
Valuation at 1 March 2023
1,813 
Valuation at 29 February 2024
1,813 
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R.S. SERVICES (LINCS) LTD Notes to the Accounts for the year ended 29 February 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
120 
- 
Other debtors
- 
3,423 
120 
3,423 
7
Investments held as current assets
2024 
2023 
£ 
£ 
Listed investments
759 
262 
Unlisted investments
252 
1,011 
262 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,891 
4,492 
Trade creditors
3,723 
834 
Taxes and social security
(9)
- 
Other creditors
3 
- 
Accruals
400 
400 
11,008 
5,726 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
872 
- 
Loans from directors
(2,395)
4,568 
(1,523)
4,568 
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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