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REGISTERED NUMBER: 14087204 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

R & B Cabling & Systems Integration Ltd

R & B Cabling & Systems Integration Ltd (Registered number: 14087204)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


R & B Cabling & Systems Integration Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: M S Beswick





REGISTERED OFFICE: Switchgear House, The Courtyard
Green Lane
Heywood
Bury
Lancashire
OL10 2EX





REGISTERED NUMBER: 14087204 (England and Wales)





ACCOUNTANTS: PKW LLP Chartered Accountants
Cloth Hall
150 Drake Street
Rochdale
Lancashire
OL16 1PX

R & B Cabling & Systems Integration Ltd (Registered number: 14087204)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,567 -

CURRENT ASSETS
Stocks 5,463 -
Debtors 5 364,067 44,208
Cash at bank 16,060 -
385,590 44,208
CREDITORS
Amounts falling due within one year 6 399,401 94,102
NET CURRENT LIABILITIES (13,811 ) (49,894 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(244

)

(49,894

)

PROVISIONS FOR LIABILITIES 150,605 -
NET LIABILITIES (150,849 ) (49,894 )

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings (150,969 ) (50,014 )
(150,849 ) (49,894 )

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

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 26 February 2025 and were signed by:





M S Beswick - Director


R & B Cabling & Systems Integration Ltd (Registered number: 14087204)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

R & B Cabling & Systems Integration 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.

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents the value of goods and services supplied to customers during the year less returns and net of value added tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 ) .

R & B Cabling & Systems Integration Ltd (Registered number: 14087204)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 13,739
At 31 May 2024 13,739
DEPRECIATION
Charge for year 172
At 31 May 2024 172
NET BOOK VALUE
At 31 May 2024 13,567

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 323,383 44,208
Amounts owed by group undertakings 120 -
Other debtors 40,564 -
364,067 44,208

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 211,370 86,189
Amounts owed to group undertakings 140,155 -
Taxation and social security 23,385 6,113
Other creditors 24,491 1,800
399,401 94,102

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R&B Switchgear Group Limited.

On 22/02/2024, the entire share capital was acquired by R&B Switchgear Group Limited.

8. PROVISIONS

Included within provisions is £150,605 (2023: £Nil) relating to an onerous contract provision due to a loss making contract.

9. ULTIMATE CONTROLLING PARTY

R & B Switchgear Group Ltd ( formerly R & B Switchgear (Holdings) Ltd ) is the company's holding company.

On 07/11/2023, the entire share capital of R & B Switchgear Group Ltd ( formerly R & B Switchgear (Holdings) Ltd ) was acquired by R & B Switchgear Holdings Ltd.