Registration number:
RR Surveyors Ltd
(FORMERLY Daylight Property Investments Ltd)
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RR Surveyors Ltd (FORMERLY Daylight Property Investments Ltd)
Contents
Company Information |
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Statement of Financial Position |
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Notes to the Unaudited Financial Statements |
RR Surveyors Ltd (FORMERLY Daylight Property Investments Ltd)
Company Information
Directors |
R Robson D Robson |
Company secretary |
D Lawrence-Smyth |
Registered office |
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Accountants |
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RR Surveyors Ltd (FORMERLY Daylight Property Investments Ltd)
Statement of Financial Position as at 31 March 2024
Note |
2024 |
2023 |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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( |
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Net liabilities |
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Capital and reserves |
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Called up share capital |
16,669 |
16,669 |
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Capital redemption reserve |
8,332 |
8,332 |
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Retained earnings |
(182,774) |
(198,081) |
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Shareholders' deficit |
(157,773) |
(173,080) |
For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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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 and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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 Statement of Income and Retained Earnings has been taken.
Approved and authorised by the
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R Robson
Director
Company registration number: 02459207
RR Surveyors Ltd (FORMERLY Daylight Property Investments Ltd)
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
The principal activity of the company is that of the maintenance and improvement of residential property.
Accounting policies |
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.
Summary of significant accounting policies
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.
Going concern
The statement of financial position showed the company had net liabilities at 31 March 2024 of £157,773. The company is dependent upon the continuing support of the directors to whom an amount of £175,000 was due at this date, who have agreed to not call for repayment until such time as the company has sufficient working capital.
On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operation existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.
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 from goods and services delivered based upon the stage of contractual completion.
RR Surveyors Ltd (FORMERLY Daylight Property Investments Ltd)
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024
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.
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.
Staff numbers |
The average number of persons employed by the company during the year, was
Stocks |
2024 |
2023 |
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Work in progress |
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Stock |
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Debtors |
2024 |
2023 |
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Trade debtors |
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Other debtors |
- |
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Creditors |
Creditors: amounts falling due within one year
2024 |
2023 |
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Trade creditors |
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Other creditors |
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