Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2024-01-01falseNo description of principal activity22truetrue 11711635 2024-01-01 2024-12-31 11711635 2023-01-01 2023-12-31 11711635 2024-12-31 11711635 2023-12-31 11711635 c:Director1 2024-01-01 2024-12-31 11711635 d:PlantMachinery 2024-01-01 2024-12-31 11711635 d:PlantMachinery 2024-12-31 11711635 d:PlantMachinery 2023-12-31 11711635 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 11711635 d:MotorVehicles 2024-01-01 2024-12-31 11711635 d:MotorVehicles 2024-12-31 11711635 d:MotorVehicles 2023-12-31 11711635 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 11711635 d:OfficeEquipment 2024-01-01 2024-12-31 11711635 d:OfficeEquipment 2024-12-31 11711635 d:OfficeEquipment 2023-12-31 11711635 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 11711635 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 11711635 d:CurrentFinancialInstruments 2024-12-31 11711635 d:CurrentFinancialInstruments 2023-12-31 11711635 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 11711635 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11711635 d:ShareCapital 2024-12-31 11711635 d:ShareCapital 2023-12-31 11711635 d:RetainedEarningsAccumulatedLosses 2024-12-31 11711635 d:RetainedEarningsAccumulatedLosses 2023-12-31 11711635 c:FRS102 2024-01-01 2024-12-31 11711635 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11711635 c:FullAccounts 2024-01-01 2024-12-31 11711635 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11711635 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 11711635 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 11711635 2 2024-01-01 2024-12-31 11711635 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 11711635










RB PLUMBING LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2024



 
RB PLUMBING LIMITED
REGISTERED NUMBER: 11711635

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,552
5,981

  
4,552
5,981

Current assets
  

Debtors: amounts falling due within one year
 5 
24,908
26,688

Cash at bank and in hand
  
8,235
6,494

  
33,143
33,182

Creditors: amounts falling due within one year
 6 
(14,082)
(16,567)

Net current assets
  
 
 
19,061
 
 
16,615

Total assets less current liabilities
  
23,613
22,596

Provisions for liabilities
  

Deferred tax
 7 
(863)
(1,135)

  
 
 
(863)
 
 
(1,135)

Net assets
  
22,750
21,461


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
22,748
21,459

  
22,750
21,461


Page 1

 
RB PLUMBING LIMITED
REGISTERED NUMBER: 11711635
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 February 2025.




R Baines
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
RB PLUMBING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
1.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
RB PLUMBING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.Accounting policies (continued)

 
1.5

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
1.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as below.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
reducing balance
Motor vehicles
-
25%
reducing balance
Office equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
RB PLUMBING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.Accounting policies (continued)

 
1.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


2.


General information

RB Plumbing Limited is a private company, limited by shares and registered in England.
Its registered number is: 11711635
The address of its registered office is:
Invision House
Wilbury Way
Hitchin
Hertfordshire
SG4 0TY


3.


Employees

The average monthly number of employees, including directors, during the period was 2 (2023 - 2).

Page 5

 
RB PLUMBING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 January 2024
1,775
20,239
1,403
23,417



At 31 December 2024

1,775
20,239
1,403
23,417



Depreciation


At 1 January 2024
463
15,570
1,403
17,436


Charge for the period on owned assets
262
1,167
-
1,429



At 31 December 2024

725
16,737
1,403
18,865



Net book value



At 31 December 2024
1,050
3,502
-
4,552



At 31 December 2023
1,312
4,669
-
5,981


5.


Debtors

2024
2023
£
£


Trade debtors
5,167
7,844

Other debtors
19,576
18,679

Prepayments and accrued income
165
165

24,908
26,688


Page 6

 
RB PLUMBING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
11,598
12,984

Other creditors
934
2,133

Accruals and deferred income
1,550
1,450

14,082
16,567



7.


Deferred taxation




2024


£






At beginning of year
(1,135)


Utilised in year
272



At end of year
(863)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(863)
(1,135)

(863)
(1,135)

 
Page 7