Rorke Building Services Limited 09388624 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is providing building services. Digita Accounts Production Advanced 6.30.9574.0 true 09388624 2023-03-01 2024-02-29 09388624 2024-02-29 09388624 core:RetainedEarningsAccumulatedLosses 2024-02-29 09388624 core:ShareCapital 2024-02-29 09388624 core:CurrentFinancialInstruments 2024-02-29 09388624 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 09388624 core:Goodwill 2024-02-29 09388624 core:FurnitureFittingsToolsEquipment 2024-02-29 09388624 core:MotorVehicles 2024-02-29 09388624 core:OtherPropertyPlantEquipment 2024-02-29 09388624 bus:SmallEntities 2023-03-01 2024-02-29 09388624 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 09388624 bus:FullAccounts 2023-03-01 2024-02-29 09388624 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 09388624 bus:RegisteredOffice 2023-03-01 2024-02-29 09388624 bus:Director1 2023-03-01 2024-02-29 09388624 bus:Director2 2023-03-01 2024-02-29 09388624 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 09388624 bus:Agent1 2023-03-01 2024-02-29 09388624 core:Goodwill 2023-03-01 2024-02-29 09388624 core:FurnitureFittings 2023-03-01 2024-02-29 09388624 core:FurnitureFittingsToolsEquipment 2023-03-01 2024-02-29 09388624 core:MotorVehicles 2023-03-01 2024-02-29 09388624 core:OfficeEquipment 2023-03-01 2024-02-29 09388624 core:OtherPropertyPlantEquipment 2023-03-01 2024-02-29 09388624 core:PlantMachinery 2023-03-01 2024-02-29 09388624 countries:EnglandWales 2023-03-01 2024-02-29 09388624 2023-02-28 09388624 core:Goodwill 2023-02-28 09388624 core:FurnitureFittingsToolsEquipment 2023-02-28 09388624 core:MotorVehicles 2023-02-28 09388624 core:OtherPropertyPlantEquipment 2023-02-28 09388624 2022-03-01 2023-02-28 09388624 2023-02-28 09388624 core:RetainedEarningsAccumulatedLosses 2023-02-28 09388624 core:ShareCapital 2023-02-28 09388624 core:CurrentFinancialInstruments 2023-02-28 09388624 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 09388624 core:FurnitureFittingsToolsEquipment 2023-02-28 09388624 core:MotorVehicles 2023-02-28 09388624 core:OtherPropertyPlantEquipment 2023-02-28 iso4217:GBP xbrli:pure

Registration number: 09388624

Rorke Building Services Limited

Filleted Unaudited Financial Statements

for the Year Ended 29 February 2024

 

Rorke Building Services Limited
(Registration number: 09388624)

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

Rorke Building Services Limited
(Registration number: 09388624)

Company Information

Directors

Mr S Rorke

Mr J Rorke

Registered office

28 Alexandra Terrace
Exmouth
Devon
EX8 1BD

Bankers

Lloyds Bank

Accountants

Thompson Jenner LLP
Chartered Accountants
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD

 

Rorke Building Services Limited
(Registration number: 09388624)

Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

5,862

7,936

Current assets

 

Stocks

6

500

500

Debtors

7

861

8,218

Cash at bank and in hand

 

58,493

66,404

 

59,854

75,122

Creditors: Amounts falling due within one year

8

(47,753)

(43,312)

Net current assets

 

12,101

31,810

Total assets less current liabilities

 

17,963

39,746

Provisions for liabilities

(1,114)

(1,508)

Net assets

 

16,849

38,238

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

16,749

38,138

Total equity

 

16,849

38,238

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 29 November 2024 and signed on its behalf by:
 

 

Rorke Building Services Limited
(Registration number: 09388624)

Balance Sheet as at 29 February 2024

.........................................
Mr J Rorke
Director

 

Rorke Building Services Limited
(Registration number: 09388624)

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Rorke Building Services Limited
(Registration number: 09388624)

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures & Fittings

20% Straight Line

Plant & Machinery

20% Straight Line

Motor Vehicles

20% Straight Line

Office Equipment

20% Straight Line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

Over 5 Years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Rorke Building Services Limited
(Registration number: 09388624)

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Rorke Building Services Limited
(Registration number: 09388624)

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

3

Staff numbers

The average number of persons employed by the company (including directors) during the year was 5 (2023 - 5).

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 March 2023

20,000

20,000

At 29 February 2024

20,000

20,000

Amortisation

At 1 March 2023

20,000

20,000

At 29 February 2024

20,000

20,000

Carrying amount

At 29 February 2024

-

-

 

Rorke Building Services Limited
(Registration number: 09388624)

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

5

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 March 2023

1,331

27,195

4,620

33,146

Additions

-

-

936

936

At 29 February 2024

1,331

27,195

5,556

34,082

Depreciation

At 1 March 2023

999

20,715

3,496

25,210

Charge for the year

166

2,160

684

3,010

At 29 February 2024

1,165

22,875

4,180

28,220

Carrying amount

At 29 February 2024

166

4,320

1,376

5,862

At 28 February 2023

332

6,480

1,124

7,936

6

Stocks

2024
£

2023
£

Other stocks

500

500

7

Debtors

2024
£

2023
£

Trade debtors

-

721

Other debtors

-

6,904

Prepayments and accrued income

861

593

Total current trade and other debtors

861

8,218

 

Rorke Building Services Limited
(Registration number: 09388624)

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

8

Creditors

2024
£

2023
£

Due within one year

Trade creditors

16,774

10,376

Taxation and social security

24,543

30,075

Other creditors

4,642

1,261

Accrued expenses

1,794

1,600

47,753

43,312