IRIS Accounts Production v24.3.2.46 07021559 Board of Directors 1.11.23 31.10.24 31.10.24 false true false false true false Ordinary 1.00000 Non-Voting A 1.00000 Non-Voting C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070215592023-10-31070215592024-10-31070215592023-11-012024-10-31070215592022-10-31070215592022-11-012023-10-31070215592023-10-3107021559ns15:EnglandWales2023-11-012024-10-3107021559ns14:PoundSterling2023-11-012024-10-3107021559ns10:Director12023-11-012024-10-3107021559ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3107021559ns10:SmallEntities2023-11-012024-10-3107021559ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3107021559ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3107021559ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3107021559ns10:FullAccounts2023-11-012024-10-3107021559ns10:OrdinaryShareClass12023-11-012024-10-3107021559ns10:OrdinaryShareClass22023-11-012024-10-3107021559ns10:OrdinaryShareClass42023-11-012024-10-3107021559ns10:Director22023-11-012024-10-3107021559ns10:RegisteredOffice2023-11-012024-10-3107021559ns5:CurrentFinancialInstruments2024-10-3107021559ns5:CurrentFinancialInstruments2023-10-3107021559ns5:ShareCapital2024-10-3107021559ns5:ShareCapital2023-10-3107021559ns5:RevaluationReserve2024-10-3107021559ns5:RevaluationReserve2023-10-3107021559ns5:RetainedEarningsAccumulatedLosses2024-10-3107021559ns5:RetainedEarningsAccumulatedLosses2023-10-3107021559ns5:PlantMachinery2023-11-012024-10-3107021559ns5:PlantMachinery2023-10-3107021559ns5:PlantMachinery2024-10-3107021559ns5:PlantMachinery2023-10-3107021559ns5:CostValuation2023-10-3107021559ns5:AdditionsToInvestments2024-10-3107021559ns5:DisposalsRepaymentsInvestments2024-10-3107021559ns5:RevaluationsIncreaseDecreaseInInvestments2024-10-3107021559ns5:CostValuation2024-10-3107021559ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3107021559ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3107021559ns5:DeferredTaxation2023-10-3107021559ns5:DeferredTaxation2023-11-012024-10-3107021559ns5:DeferredTaxation2024-10-3107021559ns10:OrdinaryShareClass12024-10-3107021559ns10:OrdinaryShareClass22024-10-3107021559ns10:OrdinaryShareClass42024-10-3107021559ns5:RevaluationReserve2023-10-31
REGISTERED NUMBER: 07021559 (England and Wales)















RSR CONSTRUCTION & PROJECT MANAGEMENT
LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024






RSR CONSTRUCTION & PROJECT MANAGEMENT
LTD (REGISTERED NUMBER: 07021559)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 October 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RSR CONSTRUCTION & PROJECT MANAGEMENT
LTD

COMPANY INFORMATION
for the year ended 31 October 2024







DIRECTORS: Mr C Hollingworth
Mrs C L Hollingworth





REGISTERED OFFICE: 39 Wickleden Gate
Scholes
Holmfirth
West Yorkshire
HD9 1QT





REGISTERED NUMBER: 07021559 (England and Wales)





ACCOUNTANTS: SMH Sheards
Vernon House
40 New North Road
Huddersfield
West Yorkshire
HD1 5LS

RSR CONSTRUCTION & PROJECT MANAGEMENT
LTD (REGISTERED NUMBER: 07021559)

BALANCE SHEET
31 October 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 17,463 26,078
Investments 5 442,344 404,686
Investment property 6 275,000 275,000
734,807 705,764

CURRENT ASSETS
Debtors 7 14,427 126,029
Cash at bank 218,889 224,798
233,316 350,827
CREDITORS
Amounts falling due within one year 8 (2,851 ) (111,369 )
NET CURRENT ASSETS 230,465 239,458
TOTAL ASSETS LESS CURRENT
LIABILITIES

965,272

945,222

PROVISIONS FOR LIABILITIES 9 (27,481 ) (22,366 )
NET ASSETS 937,791 922,856

CAPITAL AND RESERVES
Called up share capital 10 8 8
Non distributable reserve 11 76,972 47,766
Retained earnings 860,811 875,082
SHAREHOLDERS' FUNDS 937,791 922,856

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

RSR CONSTRUCTION & PROJECT MANAGEMENT
LTD (REGISTERED NUMBER: 07021559)

BALANCE SHEET - continued
31 October 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 Board of Directors and authorised for issue on 13 February 2025 and were signed on its behalf by:





Mr C Hollingworth - Director


RSR CONSTRUCTION & PROJECT MANAGEMENT
LTD (REGISTERED NUMBER: 07021559)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 October 2024


1. STATUTORY INFORMATION

RSR Construction & Project Management 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 as modified by the revaluation of certain assets.

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

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 is recognised by monthly valuations, completed at the month end. Retentions are taken in to turnover based on the staged payments.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 20% on reducing balance and 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Financial instruments represent investment in equities and bonds, traded in an active market. Investments are initially recorded at transaction price, less transactions costs, and are subsequently included in the financial statements at their fair value based upon market valuation at the year end.

Gains and losses pass through the income statement.

Taxation
Taxation for the year 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.


RSR CONSTRUCTION & PROJECT MANAGEMENT
LTD (REGISTERED NUMBER: 07021559)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023
and 31 October 2024 48,155
DEPRECIATION
At 1 November 2023 22,077
Charge for year 8,615
At 31 October 2024 30,692
NET BOOK VALUE
At 31 October 2024 17,463
At 31 October 2023 26,078

RSR CONSTRUCTION & PROJECT MANAGEMENT
LTD (REGISTERED NUMBER: 07021559)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2024


5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 November 2023 404,686
Additions 837
Disposals (40,093 )
Revaluations 76,914
At 31 October 2024 442,344
NET BOOK VALUE
At 31 October 2024 442,344
At 31 October 2023 404,686

Cost or valuation at 31 October 2024 is represented by:

Other
investments
£   
Valuation in 2024 442,344

6. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 November 2023
and 31 October 2024 275,000
NET BOOK VALUE
At 31 October 2024 275,000
At 31 October 2023 275,000

Cost or valuation at 31 October 2024 is represented by:
£   
Valuation in 2024 275,000

If investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 211,312 211,312

Investment properties were valued on an open market basis on 31 October 2024 by the directors .

RSR CONSTRUCTION & PROJECT MANAGEMENT
LTD (REGISTERED NUMBER: 07021559)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2024


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,717 12,068
Other debtors 8,710 113,961
14,427 126,029

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 54,325
Taxation and social security - 29,065
Other creditors 2,851 27,979
2,851 111,369

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 27,481 22,366

Deferred
tax
£   
Balance at 1 November 2023 22,366
Charge to Income Statement during year 5,115
Balance at 31 October 2024 27,481

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
4 Ordinary £1 4 4
2 Non-Voting A £1 2 2
2 Non-Voting C £1 2 2
8 8

Ordinary shares have voting rights and right to capital. Ordinary "A" and "C" shares have neither voting rights nor rights to capital.

All shares have rights to variable dividends.

RSR CONSTRUCTION & PROJECT MANAGEMENT
LTD (REGISTERED NUMBER: 07021559)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2024


11. RESERVES
Non
distributable
reserve
£   
At 1 November 2023 47,766
Transfer ex profit and loss 29,206

At 31 October 2024 76,972

12. RELATED PARTY DISCLOSURES

Amounts owing to directors by way of directors' loan accounts at the year end were £315 (2023 - £26,330). The amounts are interest free, and are repayable on demand.