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REGISTERED NUMBER: 07154277 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

RBC CONSTRUCTION (COVENTRY) LIMITED

RBC CONSTRUCTION (COVENTRY) LIMITED (REGISTERED NUMBER: 07154277)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

RBC CONSTRUCTION (COVENTRY) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: R B Callaway





REGISTERED OFFICE: 5 The Quadrant
Coventry
CV1 2EL





REGISTERED NUMBER: 07154277 (England and Wales)





ACCOUNTANTS: Askews Chartered Certified Accountants
5 The Quadrant
Coventry
West Midlands
CV1 2EL

RBC CONSTRUCTION (COVENTRY) LIMITED (REGISTERED NUMBER: 07154277)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,755 13,152
Investments 5 850,000 850,000
859,755 863,152

CURRENT ASSETS
Stocks 222,315 26,720
Debtors 6 537,545 564,515
Cash in hand 47,048 128,676
806,908 719,911
CREDITORS
Amounts falling due within one year 7 587,984 513,285
NET CURRENT ASSETS 218,924 206,626
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,078,679

1,069,778

PROVISIONS FOR LIABILITIES 8 512,211 512,211
NET ASSETS 566,468 557,567

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 565,468 556,567
566,468 557,567

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

RBC CONSTRUCTION (COVENTRY) LIMITED (REGISTERED NUMBER: 07154277)

BALANCE SHEET - continued
29 FEBRUARY 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 29 November 2024 and were signed by:





R B Callaway - Director


RBC CONSTRUCTION (COVENTRY) LIMITED (REGISTERED NUMBER: 07154277)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

Rbc Construction (Coventry) Limited 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
Work in progress is valued at the lower of cost and net realisable value.

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.

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.

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.

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.

RBC CONSTRUCTION (COVENTRY) LIMITED (REGISTERED NUMBER: 07154277)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


2. ACCOUNTING POLICIES - continued

The company provides pension benefits for senior employees, under the terms of the pension contracts entered into with the senior employees, fixed sums are provided for now in order to provide pension benefits to the individuals upon their retirement. The pension contracts allow for an annual increase in respect of indexation over and above the initial contracted amount.

Although under section 28 of FRS 102 this pension arrangement is regarded as being a defined benefit scheme, the directors consider that it does not bear any of the hallmarks of a defined benefit scheme as the company's contributions are fixed until the point of retirement at which point any further contributions of annual increases cease. Further information can be found in note 22 of the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2023 5,121 4,795 14,995 416 25,327
Additions - - - 249 249
At 29 February 2024 5,121 4,795 14,995 665 25,576
DEPRECIATION
At 1 March 2023 5,121 3,972 2,999 83 12,175
Charge for year - 514 2,999 133 3,646
At 29 February 2024 5,121 4,486 5,998 216 15,821
NET BOOK VALUE
At 29 February 2024 - 309 8,997 449 9,755
At 28 February 2023 - 823 11,996 333 13,152

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Othert investments 850,000 850,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 68,751 207,652
Other debtors 468,794 356,863
537,545 564,515

RBC CONSTRUCTION (COVENTRY) LIMITED (REGISTERED NUMBER: 07154277)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 84,091 111,364
Trade creditors 219,117 45,755
Taxation and social security 40,639 31,713
Other creditors 244,137 324,453
587,984 513,285

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Other provisions
Other provisions 512,211 455,133
Provisions - additions - 57,078
512,211 512,211

Retirement
benefits
£   
Balance at 1 March 2023 512,211
Balance at 29 February 2024 512,211

9. PENSION COMMITMENTS

20242023
£   £   
Charge to profit or loss in respect of defined benefit schemes-57,078

The company provided pension benefits in respect of Mr Robin Callaway. Amounts payable are charged to the profit and loss account in the year the contracts are entered into between the company and the employees. The number of directors to whom pension benefits are accruing under this pension agreement is 1 (2023: 1).

The contributions and potential liabilities of the company in respect of the pension agreement are fixed at least until the date of retirement of the employee which is over 10 years from the year end date.

Although under section 28 of FRS 102 this pension arrangement is regarded as being a defined benefit scheme, the directors are of the opinion that it does not bear any of the hallmarks of what is usually considered to be a defined benefit scheme and therefore no further disclosures are considered necessary in order to understand the nature and measurement of the liability.

The directors are also of the opinion that the liability as disclosed in the financial statements represents the full and final amount which could

RBC CONSTRUCTION (COVENTRY) LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
RBC CONSTRUCTION (COVENTRY) LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 29 February 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Askews Chartered Certified Accountants
5 The Quadrant
Coventry
West Midlands
CV1 2EL


Date: .............................................