RCSB Group Ltd Filleted Accounts Cover
RCSB Group Ltd
Company No. 08272415
Information for Filing with The Registrar
31 March 2024
RCSB Group Ltd Balance Sheet Registrar
at
31 March 2024
Company No.
08272415
Notes
2024
2023
£
£
Fixed assets
Intangible assets
4
--
Tangible assets
5
65,11973,545
65,11973,545
Current assets
Stocks
6
328,883475,928
Debtors
7
2,942,2662,887,446
Cash at bank and in hand
1,2001,200
3,272,3493,364,574
Creditors: Amount falling due within one year
8
(2,111,872)
(2,243,344)
Net current assets
1,160,4771,121,230
Total assets less current liabilities
1,225,5961,194,775
Creditors: Amounts falling due after more than one year
9
(20,011)
(30,690)
Net assets
1,205,5851,164,085
Capital and reserves
Called up share capital
44
Profit and loss account
10
1,205,5811,164,081
Total equity
1,205,5851,164,085
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 March 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 31 March 2024
And signed on its behalf by:
D. Deloughery
Director
31 March 2024
RCSB Group Ltd Notes to the Accounts Registrar
for the year ended 31 March 2024
1
General information
Its registered number is: 08272415
Its registered office is:
Suite 2 Regency House
Harold Wood
Romford
Essex
RM3 0BP
The functional and presentational currency of the company is Sterling . The monetary amounts in the accounts are rounded to the nearest pound.
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.
2
Accounting policies
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Intangible fixed assets
Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Plant and machinery
10% Straight line
Motor vehicles
10% Straight line
Furniture, fittings and equipment
10% Straight line
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Stocks
Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.
Financial instruments
The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic financial instruments measured at fair value.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
12
4
Intangible fixed assets
Goodwill
Total
£
£
Cost
At 1 April 2023
5,0005,000
At 31 March 2024
5,0005,000
Amortisation and impairment
At 1 April 2023
5,0005,000
At 31 March 2024
5,0005,000
Net book values
At 31 March 2024
--
At 31 March 2023
--
5
Tangible fixed assets
Plant and machinery
Motor vehicles
Fixtures, fittings and equipment
Total
£
£
£
£
Cost or revaluation
At 1 April 2023
143,726284,31436,522464,562
At 31 March 2024
143,726284,31436,522464,562
Depreciation
At 1 April 2023
166,450197,39727,170391,017
Charge for the year
(22,725)
28,4312,7208,426
At 31 March 2024
143,725225,82829,890399,443
Net book values
At 31 March 2024
158,4866,63265,119
At 31 March 2023
(22,724)
86,9179,35273,545
6
Stocks
2024
2023
£
£
Work in progress
328,883475,928
328,883475,928
7
Debtors
2024
2023
£
£
Trade debtors
2,630,0182,659,558
Amounts owed by group undertakings
149,543109,001
Corporation tax recoverable
75,56275,562
VAT recoverable
54,82911,011
Other debtors
32,31432,314
2,942,2662,887,446
8
Creditors amounts falling due within one year:
2024
2023
£
£
Bank loans and overdrafts
75,977177,383
Obligations under finance lease and hire purchase contracts
-520
Trade creditors
1,802,4861,916,181
Other taxes and social security
155,00071,163
Loans from directors
72,52472,212
Other creditors
2,2852,285
Accruals and deferred income
3,6003,600
2,111,8722,243,344
9
Creditors amounts falling due after more than one year:
2024
2023
£
£
Bank loans and overdrafts
20,01130,690
20,01130,690
10
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
11
Related party disclosures
At the balance sheet date £72,524 was owed to the Director by the Company.
Controlling party
Immediate controlling party
D. Deloughery
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