1 1 R D Offshore Limited 07913721 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is construction. Digita Accounts Production Advanced 6.30.9574.0 true 07913721 2023-02-01 2024-01-31 07913721 2024-01-31 07913721 core:RetainedEarningsAccumulatedLosses 2024-01-31 07913721 core:ShareCapital 2024-01-31 07913721 core:CurrentFinancialInstruments 2024-01-31 07913721 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 07913721 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 07913721 core:FurnitureFittingsToolsEquipment 2024-01-31 07913721 core:LandBuildings 2024-01-31 07913721 core:MotorVehicles 2024-01-31 07913721 bus:SmallEntities 2023-02-01 2024-01-31 07913721 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 07913721 bus:FilletedAccounts 2023-02-01 2024-01-31 07913721 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 07913721 bus:RegisteredOffice 2023-02-01 2024-01-31 07913721 bus:Director1 2023-02-01 2024-01-31 07913721 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07913721 core:FurnitureFittingsToolsEquipment 2023-02-01 2024-01-31 07913721 core:LandBuildings 2023-02-01 2024-01-31 07913721 core:MotorVehicles 2023-02-01 2024-01-31 07913721 core:OfficeEquipment 2023-02-01 2024-01-31 07913721 countries:EnglandWales 2023-02-01 2024-01-31 07913721 2023-01-31 07913721 core:FurnitureFittingsToolsEquipment 2023-01-31 07913721 core:LandBuildings 2023-01-31 07913721 core:MotorVehicles 2023-01-31 07913721 2022-02-01 2023-01-31 07913721 2023-01-31 07913721 core:RetainedEarningsAccumulatedLosses 2023-01-31 07913721 core:ShareCapital 2023-01-31 07913721 core:CurrentFinancialInstruments 2023-01-31 07913721 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 07913721 core:Non-currentFinancialInstruments core:AfterOneYear 2023-01-31 07913721 core:FurnitureFittingsToolsEquipment 2023-01-31 07913721 core:LandBuildings 2023-01-31 07913721 core:MotorVehicles 2023-01-31 xbrli:pure iso4217:GBP

Registration number: 07913721

R D Offshore Limited

Unaudited Financial Statements

for the Year Ended 31 January 2024

 

R D Offshore Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

R D Offshore Limited

(Registration number: 07913721)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

9,102

55,889

Current assets

 

Debtors

5

249,202

209,778

Cash at bank and in hand

 

16,901

43,172

 

266,103

252,950

Creditors: Amounts falling due within one year

6

(10,932)

(31,626)

Net current assets

 

255,171

221,324

Total assets less current liabilities

 

264,273

277,213

Creditors: Amounts falling due after more than one year

6

(8,502)

(14,502)

Provisions for liabilities

(301)

(1,448)

Net assets

 

255,470

261,263

Capital and reserves

 

Called up share capital

100

100

Retained earnings

255,370

261,163

Shareholders' funds

 

255,470

261,263

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 January 2025
 

.........................................
Mr R Davenport
Director

 

R D Offshore Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the 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 when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

R D Offshore Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures, fittings and computer equipment

25%/10% reducing balance/straight line over 3 years

Improvements to property

15% reducing balance

Motor Vehicles

15% reducing balance

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Tangible assets

Improvements to property
£

Fixtures, fittings and computer equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 February 2023

12,952

4,508

56,995

74,455

Disposals

-

-

(56,995)

(56,995)

At 31 January 2024

12,952

4,508

-

17,460

Depreciation

At 1 February 2023

4,107

2,276

12,183

18,566

Charge for the year

1,327

648

-

1,975

Eliminated on disposal

-

-

(12,183)

(12,183)

At 31 January 2024

5,434

2,924

-

8,358

Carrying amount

At 31 January 2024

7,518

1,584

-

9,102

At 31 January 2023

8,845

2,232

44,812

55,889

 

R D Offshore Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

5

Debtors

Current

Note

2024
£

2023
£

Amounts owed by related parties

7

177,360

177,360

Other debtors

 

71,842

32,418

   

249,202

209,778

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Bank loan

6,000

6,000

Taxation and social security

 

180

-

Other creditors

 

4,752

25,626

 

10,932

31,626

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Bank loan

8,502

14,502

7

Related party transactions

Other transactions with the director

During the year, advances were made to the director in the sum of £50,220 and repayments were made in the sum of £10,065. At the year end, the director owed the company the amount of £71,842 (2023: £31,687) and this amount is included in other debtors. The loan was interest free and repayable on demand.