2023-04-01 04442403 2024-03-31 04442403 2023-04-01 2024-03-31 04442403 2023-03-31 04442403 2022-04-01 2023-03-31 04442403 uk-core:WithinOneYear 2023-03-31 04442403 uk-core:WithinOneYear 2024-03-31 04442403 uk-core:AfterOneYear 2023-03-31 04442403 uk-core:AfterOneYear 2024-03-31 04442403 uk-core:ShareCapital 2024-03-31 04442403 uk-core:ShareCapital 2023-03-31 04442403 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 04442403 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 04442403 uk-bus:Director1 2023-04-01 2024-03-31 04442403 uk-core:Buildings 2023-04-01 2024-03-31 04442403 uk-core:PlantMachinery 2023-04-01 2024-03-31 04442403 uk-core:CommercialMotorVehicles 2023-04-01 2024-03-31 04442403 uk-core:FurnitureFittings 2023-04-01 2024-03-31 04442403 uk-core:FurnitureFittings 2023-03-31 04442403 uk-core:CommercialMotorVehicles 2023-03-31 04442403 uk-core:PlantMachinery 2023-03-31 04442403 uk-core:Buildings 2023-03-31 04442403 uk-core:PlantMachinery 2024-03-31 04442403 uk-core:CommercialMotorVehicles 2024-03-31 04442403 uk-core:FurnitureFittings 2024-03-31 04442403 uk-core:Buildings 2024-03-31 04442403 uk-core:WithinOneYear uk-core:Secured 2024-03-31 04442403 uk-core:WithinOneYear uk-core:Secured 2023-03-31 04442403 uk-core:WithinOneYear 2024-03-31 04442403 uk-core:WithinOneYear 2023-03-31 04442403 uk-core:AfterOneYear uk-core:Secured 2024-03-31 04442403 uk-core:AfterOneYear uk-core:Secured 2023-03-31 iso4217:GBP xbrli:pure 04442403 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 04442403 uk-bus:FRS102 2023-04-01 2024-03-31 04442403 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 04442403 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Rother Valley Joinery Ltd
Registered Number:04442403
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Rother Valley Joinery Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
04442403
As at 31 March 2024
Rother Valley Joinery Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
102,558
118,818
2
102,558
118,818
Current assets
Inventories
21,712
6,936
3
Trade and other receivables
61,588
60,648
4
26,057
Cash and cash equivalents
34,918
102,502
109,357
Trade and other payables: amounts falling due within one
year
(91,999)
(98,421)
5
17,358
4,081
Net current assets
Total assets less current liabilities
106,639
136,176
Trade and other payables: amounts falling due after more
than one year
(52,809)
(20,855)
6
(15,005)
(17,900)
Provisions for liabilities
70,779
Net assets
65,467
Capital and reserves
Called up share capital
50
50
Retained earnings
70,729
65,417
70,779
65,467
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Paul Willows Director
These financial statements were approved and authorised for issue by the Board on 01 October 2024 and were signed by:
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4
Registered Number :
04442403
For the year ended 31 March 2024
Rother Valley Joinery Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 March 2024
Rother Valley Joinery Ltd
Notes to the Financial Statements
Statutory Information
Rother Valley Joinery Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04442403.
Registered address:
Hillside Business Park
New Street
Sheffield
S20 3GH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
0% Reducing balance
Plant and machinery
15% Reducing balance
20% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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6
For the year ended 31 March 2024
Rother Valley Joinery Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
fittings
Motor vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
£
Cost or
valuation
At 01 April 2023
258,012
15,006
60,288
163,792
18,926
At 31 March 2024
163,792
60,288
15,006
258,012
18,926
Provision for depreciation and impairment
At 01 April 2023
139,194
11,581
33,922
93,691
-
Charge for year
16,260
514
5,231
10,515
-
At 31 March 2024
155,454
12,095
39,153
104,206
-
At 31 March 2024
Net book value
18,926
59,586
21,135
2,911
102,558
At 31 March 2023
18,926
70,101
26,366
3,425
118,818
3. Inventories
2023
2024
£
£
Stocks
6,936
21,712
4. Trade and other receivables
2023
2024
£
£
Trade debtors
45,708
50,322
Other debtors
14,940
11,266
61,588
60,648
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
22,004
12,494
Bank loans and overdraft
715
1,516
Trade creditors
30,835
49,045
Taxation and social security
33,861
17,997
Other creditors
11,006
10,947
98,421
91,999
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7
For the year ended 31 March 2024
Rother Valley Joinery Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
-
32,389
Bank loans and overdraft (secured)
20,855
20,420
20,855
52,809
7. Average number of persons employed
During the year the average number of employees was 0 (2023 : 4)
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