IRIS Accounts Production v24.3.0.553 11139181 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111391812023-03-31111391812024-03-31111391812023-04-012024-03-31111391812022-03-31111391812022-04-012023-03-31111391812023-03-3111139181ns15:EnglandWales2023-04-012024-03-3111139181ns14:PoundSterling2023-04-012024-03-3111139181ns10:Director12023-04-012024-03-3111139181ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111139181ns10:SmallEntities2023-04-012024-03-3111139181ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111139181ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111139181ns10:FullAccounts2023-04-012024-03-3111139181ns10:OrdinaryShareClass12023-04-012024-03-3111139181ns10:OrdinaryShareClass22023-04-012024-03-3111139181ns10:OrdinaryShareClass32023-04-012024-03-3111139181ns10:Director22023-04-012024-03-3111139181ns10:RegisteredOffice2023-04-012024-03-3111139181ns5:CurrentFinancialInstruments2024-03-3111139181ns5:CurrentFinancialInstruments2023-03-3111139181ns5:Non-currentFinancialInstruments2024-03-3111139181ns5:Non-currentFinancialInstruments2023-03-3111139181ns5:ShareCapital2024-03-3111139181ns5:ShareCapital2023-03-3111139181ns5:RetainedEarningsAccumulatedLosses2024-03-3111139181ns5:RetainedEarningsAccumulatedLosses2023-03-3111139181ns5:PlantMachinery2023-04-012024-03-3111139181ns5:MotorVehicles2023-04-012024-03-3111139181ns5:ComputerEquipment2023-04-012024-03-3111139181ns5:PlantMachinery2023-03-3111139181ns5:MotorVehicles2023-03-3111139181ns5:ComputerEquipment2023-03-3111139181ns5:PlantMachinery2024-03-3111139181ns5:MotorVehicles2024-03-3111139181ns5:ComputerEquipment2024-03-3111139181ns5:PlantMachinery2023-03-3111139181ns5:MotorVehicles2023-03-3111139181ns5:ComputerEquipment2023-03-3111139181ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3111139181ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3111139181ns10:OrdinaryShareClass12024-03-3111139181ns10:OrdinaryShareClass22024-03-3111139181ns10:OrdinaryShareClass32024-03-3111139181ns5:RetainedEarningsAccumulatedLosses2023-03-3111139181ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31
REGISTERED NUMBER: 11139181 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

RGC Builders and Maintenance Ltd

RGC Builders and Maintenance Ltd (Registered number: 11139181)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RGC Builders and Maintenance Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: R Corns
S Corns





REGISTERED OFFICE: 109 Church View Gardens
Kinver
Stourbridge
West Midlands
DY7 6EF





REGISTERED NUMBER: 11139181 (England and Wales)





ACCOUNTANTS: Dalton Pardoe Limited
Chartered Accountants
794 High Street
Kingswinford
West Midlands
DY6 8BQ

RGC Builders and Maintenance Ltd (Registered number: 11139181)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 66,990 76,264

CURRENT ASSETS
Stocks 5,250 26,750
Debtors 5 231,474 151,048
Cash at bank 125,079 161,021
361,803 338,819
CREDITORS
Amounts falling due within one year 6 117,598 98,446
NET CURRENT ASSETS 244,205 240,373
TOTAL ASSETS LESS CURRENT
LIABILITIES

311,195

316,637

CREDITORS
Amounts falling due after more than one
year

7

(38,192

)

(53,883

)

PROVISIONS FOR LIABILITIES (12,728 ) (14,490 )
NET ASSETS 260,275 248,264

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 260,175 248,164
SHAREHOLDERS' FUNDS 260,275 248,264

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

RGC Builders and Maintenance Ltd (Registered number: 11139181)

Balance Sheet - continued
31 March 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 Board of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by:





S Corns - Director


RGC Builders and Maintenance Ltd (Registered number: 11139181)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

RGC Builders and Maintenance 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 50% on reducing balance

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

RGC Builders and Maintenance Ltd (Registered number: 11139181)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 12,154 120,953 1,029 134,136
Additions - 21,667 615 22,282
Disposals - (29,017 ) - (29,017 )
At 31 March 2024 12,154 113,603 1,644 127,401
DEPRECIATION
At 1 April 2023 7,389 49,926 557 57,872
Charge for year 953 20,879 543 22,375
Eliminated on disposal - (19,836 ) - (19,836 )
At 31 March 2024 8,342 50,969 1,100 60,411
NET BOOK VALUE
At 31 March 2024 3,812 62,634 544 66,990
At 31 March 2023 4,765 71,027 472 76,264

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 144,499 145,396
Amounts owed by associates 68,208 -
Directors' current accounts 18,767 5,652
231,474 151,048

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 28,815 12,633
Trade creditors 4,174 31,619
Amounts owed to associates - 14,490
Tax 33,481 16,130
Social security and other taxes 5,324 8,292
VAT 44,474 14,232
Accrued expenses 1,330 1,050
117,598 98,446

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 38,192 53,883

RGC Builders and Maintenance Ltd (Registered number: 11139181)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
45 Ordinary A £1 45 100
50 Ordinary B 1 50 -
5 Ordinary C 1 5 -
100 100

9. RESERVES
Retained
earnings
£   

At 1 April 2023 248,164
Profit for the year 99,011
Dividends (87,000 )
At 31 March 2024 260,175