PTP Accounts Production v24.3.0.553 SC141985 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC1419852023-05-31SC1419852024-05-31SC1419852023-06-012024-05-31SC1419852022-05-31SC1419852022-06-012023-05-31SC1419852023-05-31SC141985ns16:Scotland2023-06-012024-05-31SC141985ns15:PoundSterling2023-06-012024-05-31SC141985ns11:Director12023-06-012024-05-31SC141985ns11:PrivateLimitedCompanyLtd2023-06-012024-05-31SC141985ns11:SmallEntities2023-06-012024-05-31SC141985ns11:AuditExempt-NoAccountantsReport2023-06-012024-05-31SC141985ns11:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-31SC141985ns11:SmallCompaniesRegimeForAccounts2023-06-012024-05-31SC141985ns11:FullAccounts2023-06-012024-05-31SC141985ns11:OrdinaryShareClass12023-06-012024-05-31SC141985ns11:OrdinaryShareClass22023-06-012024-05-31SC141985ns11:Director22023-06-012024-05-31SC141985ns11:CompanySecretary12023-06-012024-05-31SC141985ns11:RegisteredOffice2023-06-012024-05-31SC141985ns6:CurrentFinancialInstruments2024-05-31SC141985ns6:CurrentFinancialInstruments2023-05-31SC141985ns6:Non-currentFinancialInstruments2024-05-31SC141985ns6:Non-currentFinancialInstruments2023-05-31SC141985ns6:ShareCapital2024-05-31SC141985ns6:ShareCapital2023-05-31SC141985ns6:CapitalRedemptionReserve2024-05-31SC141985ns6:CapitalRedemptionReserve2023-05-31SC141985ns6:RetainedEarningsAccumulatedLosses2024-05-31SC141985ns6:RetainedEarningsAccumulatedLosses2023-05-31SC141985ns6:PlantMachinery2023-06-012024-05-31SC141985ns6:MotorVehicles2023-06-012024-05-31SC141985ns6:PlantMachinery2023-05-31SC141985ns6:MotorVehicles2023-05-31SC141985ns6:PlantMachinery2024-05-31SC141985ns6:MotorVehicles2024-05-31SC141985ns6:PlantMachinery2023-05-31SC141985ns6:MotorVehicles2023-05-31SC141985ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2023-06-012024-05-31SC141985ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2024-05-31SC141985ns6:WithinOneYearns6:CurrentFinancialInstruments2024-05-31SC141985ns6:WithinOneYearns6:CurrentFinancialInstruments2023-05-31SC141985ns11:OrdinaryShareClass12024-05-31SC141985ns11:OrdinaryShareClass22024-05-31
REGISTERED NUMBER: SC141985 (Scotland)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

R & B Switchgear Services (Northern)
Limited

R & B Switchgear Services (Northern)
Limited (Registered number: SC141985)






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 Switchgear Services (Northern)
Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: M S Beswick
M E Beswick





SECRETARY: M S Beswick





REGISTERED OFFICE: Block 8
Unit 7A, South Avenue
Blantyre Industrial Estate
Glasgow
G72 0XB





REGISTERED NUMBER: SC141985 (Scotland)





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

R & B Switchgear Services (Northern)
Limited (Registered number: SC141985)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 115,458 30,509

CURRENT ASSETS
Stocks 119,707 75,881
Debtors 5 164,342 142,153
Cash at bank and in hand 53,988 607,224
338,037 825,258
CREDITORS
Amounts falling due within one year 6 249,979 298,543
NET CURRENT ASSETS 88,058 526,715
TOTAL ASSETS LESS CURRENT
LIABILITIES

203,516

557,224

CREDITORS
Amounts falling due after more than one year 7 28,189 -
NET ASSETS 175,327 557,224

CAPITAL AND RESERVES
Called up share capital 8 501 501
Capital redemption reserve 500 500
Retained earnings 174,326 556,223
SHAREHOLDERS' FUNDS 175,327 557,224

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 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by:





M E Beswick - Director


R & B Switchgear Services (Northern)
Limited (Registered number: SC141985)

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

1. STATUTORY INFORMATION

R & B Switchgear Services (Northern) Limited is a private company, limited by shares , registered in Scotland. 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 8 (2023 - 8 ) .

R & B Switchgear Services (Northern)
Limited (Registered number: SC141985)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor
equipment vehicles Totals
£    £    £   
COST
At 1 June 2023 52,148 66,506 118,654
Additions 30,667 90,005 120,672
Disposals - (43,007 ) (43,007 )
At 31 May 2024 82,815 113,504 196,319
DEPRECIATION
At 1 June 2023 50,663 37,482 88,145
Charge for year 3,658 20,384 24,042
Eliminated on disposal - (31,326 ) (31,326 )
At 31 May 2024 54,321 26,540 80,861
NET BOOK VALUE
At 31 May 2024 28,494 86,964 115,458
At 31 May 2023 1,485 29,024 30,509

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 55,715
At 31 May 2024 55,715
DEPRECIATION
Charge for year 8,125
At 31 May 2024 8,125
NET BOOK VALUE
At 31 May 2024 47,590

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 114,110 111,185
Amounts owed by group undertakings 47,277 -
Other debtors 2,955 30,968
164,342 142,153

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 11,664 -
Trade creditors 64,731 10,114
Amounts owed to group undertakings 71,790 123,305
Taxation and social security 40,794 104,124
Other creditors 61,000 61,000
249,979 298,543

R & B Switchgear Services (Northern)
Limited (Registered number: SC141985)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 28,189 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
500 Ordinary £1 501 501
1 Ordinary A £1 - -
501 501

9. ULTIMATE PARENT COMPANY

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.