Company Registration No. 10771048 (England and Wales)
RSL AUTOS LIMITED
Unaudited accounts
for the year ended 31 May 2024
RSL AUTOS LIMITED
Annual report and unaudited accounts
for the year ended 31 May 2024
RSL AUTOS LIMITED
Company Information
for the year ended 31 May 2024
Directors
RYAN JAMES LEE
SHELLEY LOUISE LEE
Company Number
10771048 (England and Wales)
Registered Office
UNIT 6, 30A CLOVELLY ROAD
SOUTHBOURNE
EMSWORTH
HAMPSHIRE
PO10 8PE
Accountants
LACEY & CO., ACCOUNTANTS
238A LONDON ROAD
WATERLOOVILLE
HAMPSHIRE
PO7 7HB
RSL AUTOS LIMITED
Statement of Financial Position
as at 31 May 2024
Current assets
31,817
41,624
Prepayments and accrued income
1,933
-
Creditors: amounts falling due within one year
(14,205)
(15,616)
Net current assets
19,545
26,008
Total assets less current liabilities
34,169
35,007
Creditors: amounts falling due after more than one year
(8,029)
(12,029)
Accruals and deferred income
(1,508)
(1,398)
Capital and reserves
24,632
21,580
RSL AUTOS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10771048. The registered office is UNIT 6, 30A CLOVELLY ROAD, SOUTHBOURNE, EMSWORTH, HAMPSHIRE, PO10 8PE.
2 Guarantees and other financial commitments
A Bounce Back Loan of £20,000 was drawn from NatWest Bank on 11th May 2020, bearing a 2.5% interest rate, repayable over a 5-year period. The loan is classified as a current liability on the balance sheet, and interest expense is recognised on a monthly basis based on the outstanding loan balance.
3 Average number of employees
During the year the average number of employees was 5 (2023: 4).
RSL AUTOS LIMITED
Statement of Financial Position
as at 31 May 2024 (continued)
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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 11 February 2025
RYAN JAMES LEE
Director
Company Registration No. 10771048