Company Registration No. SC399035 (Scotland)
RST Heating & Plumbing Ltd
Unaudited accounts
for the year ended 31 May 2024
RST Heating & Plumbing Ltd
Unaudited accounts
Contents
RST Heating & Plumbing Ltd
Company Information
for the year ended 31 May 2024
Company Number
SC399035 (Scotland)
Registered Office
Suite 2.11
94 HOPE STREET
GLASGOW
G2 6PH
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
RST Heating & Plumbing Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
13,945
18,594
Cash at bank and in hand
9,140
15,254
Creditors: amounts falling due within one year
(9,785)
(8,450)
Net current (liabilities)/assets
(645)
6,804
Total assets less current liabilities
13,300
25,398
Creditors: amounts falling due after more than one year
(16,023)
(23,314)
Net (liabilities)/assets
(2,723)
2,084
Called up share capital
100
100
Profit and loss account
(2,823)
1,984
Shareholders' funds
(2,723)
2,084
For the year ending 31 May 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 January 2025 and were signed on its behalf by
Stephen Toogood
Director
Company Registration No. SC399035
RST Heating & Plumbing Ltd
Notes to the Accounts
for the year ended 31 May 2024
RST Heating & Plumbing Ltd is a private company, limited by shares, registered in Scotland, registration number SC399035. The registered office is Suite 2.11, 94 HOPE STREET, GLASGOW, G2 6PH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2023
7,357
50,975
58,332
At 31 May 2024
7,357
50,975
58,332
At 1 June 2023
6,211
33,527
39,738
Charge for the year
287
4,362
4,649
At 31 May 2024
6,498
37,889
44,387
At 31 May 2024
859
13,086
13,945
At 31 May 2023
1,146
17,448
18,594
RST Heating & Plumbing Ltd
Notes to the Accounts
for the year ended 31 May 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,484
2,484
Obligations under finance leases and hire purchase contracts
4,807
4,807
Taxes and social security
-
903
Loans from directors
2,274
-
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
5,959
10,766
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).