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REGISTERED NUMBER: 09159571 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

RC ELECTRICS (SOUTH) LTD

RC ELECTRICS (SOUTH) LTD (REGISTERED NUMBER: 09159571)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RC ELECTRICS (SOUTH) LTD

COMPANY INFORMATION
for the year ended 30 SEPTEMBER 2024







DIRECTOR: R J Cuthbert





REGISTERED OFFICE: 51 Rosedale Gardens
Thatcham
Berks
RG19 3LF





REGISTERED NUMBER: 09159571 (England and Wales)





ACCOUNTANTS: C B Heslop And Company Limited
Chartered Accountants
1 High Street
Thatcham
Berks
RG19 3JG

RC ELECTRICS (SOUTH) LTD (REGISTERED NUMBER: 09159571)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,225 4,075

CURRENT ASSETS
Stocks 2,565 4,623
Debtors 5 19,832 21,083
Cash at bank - 3,174
22,397 28,880
CREDITORS
Amounts falling due within one year 6 22,207 23,473
NET CURRENT ASSETS 190 5,407
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,415

9,482

CREDITORS
Amounts falling due after more than one
year

7

(1,204

)

(3,204

)

PROVISIONS FOR LIABILITIES (423 ) (788 )
NET ASSETS 788 5,490

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 678 5,380
788 5,490

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

RC ELECTRICS (SOUTH) LTD (REGISTERED NUMBER: 09159571)

BALANCE SHEET - continued
30 SEPTEMBER 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 19 January 2025 and were signed by:





R J Cuthbert - Director


RC ELECTRICS (SOUTH) LTD (REGISTERED NUMBER: 09159571)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

RC Electrics (South) 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 - 10% on cost
Office equipment - 10% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

RC ELECTRICS (SOUTH) LTD (REGISTERED NUMBER: 09159571)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Office
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2023
and 30 September 2024 13,912 666 5,819 20,397
DEPRECIATION
At 1 October 2023 11,851 400 4,071 16,322
Charge for year 1,231 66 553 1,850
At 30 September 2024 13,082 466 4,624 18,172
NET BOOK VALUE
At 30 September 2024 830 200 1,195 2,225
At 30 September 2023 2,061 266 1,748 4,075

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 18,241 19,209
Other debtors 1,591 1,874
19,832 21,083

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 10,096 2,000
Trade creditors 3,444 3,529
Taxation and social security 8,430 17,664
Other creditors 237 280
22,207 23,473

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 1,204 3,204

8. CONTINGENT LIABILITIES

There were no contingent liabilities as at the balance sheet date or at 30 September 2023.

9. ULTIMATE CONTROLLING PARTY

The controlling party is R J Cuthbert.