IRIS Accounts Production v24.3.2.46 14857084 director 9.5.23 31.5.24 31.5.24 false true false false true false Ordinary 1.00000 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh148570842023-05-08148570842024-05-31148570842023-05-092024-05-31148570842023-05-0814857084ns15:EnglandWales2023-05-092024-05-3114857084ns14:PoundSterling2023-05-092024-05-3114857084ns10:Director12023-05-092024-05-3114857084ns10:PrivateLimitedCompanyLtd2023-05-092024-05-3114857084ns10:SmallEntities2023-05-092024-05-3114857084ns10:AuditExempt-NoAccountantsReport2023-05-092024-05-3114857084ns10:SmallCompaniesRegimeForDirectorsReport2023-05-092024-05-3114857084ns10:SmallCompaniesRegimeForAccounts2023-05-092024-05-3114857084ns10:FullAccounts2023-05-092024-05-3114857084ns10:OrdinaryShareClass12023-05-092024-05-31148570841ns10:OrdinaryShareClass12023-05-092024-05-3114857084ns10:RegisteredOffice2023-05-092024-05-3114857084ns5:CurrentFinancialInstruments2024-05-3114857084ns5:ShareCapital2024-05-3114857084ns5:RetainedEarningsAccumulatedLosses2024-05-3114857084ns5:LandBuildingsns5:ShortLeaseholdAssets2023-05-092024-05-3114857084ns5:PlantMachinery2023-05-092024-05-3114857084ns5:MotorVehicles2023-05-092024-05-3114857084ns5:ComputerEquipment2023-05-092024-05-3114857084ns5:LandBuildings2023-05-092024-05-3114857084ns5:LandBuildings2024-05-3114857084ns5:PlantMachinery2024-05-3114857084ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3114857084ns5:CurrentFinancialInstruments2023-05-092024-05-3114857084ns5:WithinOneYear2024-05-3114857084ns5:BetweenOneFiveYears2024-05-3114857084ns5:AllPeriods2024-05-3114857084ns5:DeferredTaxation2023-05-092024-05-3114857084ns5:DeferredTaxation2024-05-3114857084ns10:OrdinaryShareClass12024-05-31
REGISTERED NUMBER: 14857084 (England and Wales)











Unaudited Financial Statements

for the Period 9 May 2023 to 31 May 2024

for

RWCP Ltd

RWCP Ltd (Registered number: 14857084)






Contents of the Financial Statements
for the Period 9 May 2023 to 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RWCP Ltd

Company Information
for the Period 9 May 2023 to 31 May 2024







DIRECTOR: R W C Phizacklea





REGISTERED OFFICE: 67a Long Brackland
Bury St Edmunds
Suffolk
IP31 1JH





REGISTERED NUMBER: 14857084 (England and Wales)





ACCOUNTANTS: Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR

RWCP Ltd (Registered number: 14857084)

Balance Sheet
31 May 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 15,122

CURRENT ASSETS
Stocks 38,940
Debtors 5 3,438
Cash at bank 5,685
48,063
CREDITORS
Amounts falling due within one year 6 56,513
NET CURRENT LIABILITIES (8,450 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,672

PROVISIONS FOR LIABILITIES 8 1,737
NET ASSETS 4,935

CAPITAL AND RESERVES
Called up share capital 9 1
Retained earnings 4,934
SHAREHOLDERS' FUNDS 4,935

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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.

RWCP Ltd (Registered number: 14857084)

Balance Sheet - continued
31 May 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 7 February 2025 and were signed by:





R W C Phizacklea - Director


RWCP Ltd (Registered number: 14857084)

Notes to the Financial Statements
for the Period 9 May 2023 to 31 May 2024

1. STATUTORY INFORMATION

RWCP 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover represents net invoiced sales of services, excluding value added tax.

Income is recognised in the accounts when the company receives the right to receive consideration under the performance of the contract. Where invoices are raised in a different accounting period to where the companies obligations are met, income is either accrued in trade debtors or deferred in creditors.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold improvements - Straight line over 3 years
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
All of the company's financial instruments are considered to be basic. Basic financial instruments are recognised at amortised cost.

Taxation
Taxation for the period 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.


RWCP Ltd (Registered number: 14857084)

Notes to the Financial Statements - continued
for the Period 9 May 2023 to 31 May 2024

2. ACCOUNTING POLICIES - continued
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 period 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.

Impairment
At each reporting date, goodwill and other fixed assets, including tangible fixed assets and investments but excluding investment properties, are assessed to determine whether there is an indication that the carrying amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is an indication of possible impairment, the recoverable amount of an asset, which is the higher of its value in use and its net realisable value, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is written down to its estimated recoverable amount and an impairment loss is recognised in the income statement.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
Additions 4,540 14,785 19,325
At 31 May 2024 4,540 14,785 19,325
DEPRECIATION
Charge for period 883 3,320 4,203
At 31 May 2024 883 3,320 4,203
NET BOOK VALUE
At 31 May 2024 3,657 11,465 15,122

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 2,605
Other debtors 833
3,438

RWCP Ltd (Registered number: 14857084)

Notes to the Financial Statements - continued
for the Period 9 May 2023 to 31 May 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 2,500
Other creditors 54,013
56,513

Other creditors includes amounts owed to the Director.

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
£   
Within one year 10,000
Between one and five years 10,000
20,000

8. PROVISIONS FOR LIABILITIES
£   
Deferred tax
Accelerated capital allowances 1,737

Deferred
tax
£   
Provided during period 1,737
Balance at 31 May 2024 1,737

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1 Ordinary £1 1

1 Ordinary share of £1 was allotted and fully paid for cash at par during the period.