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REGISTERED NUMBER: 09142898 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

RJS ELECTRICAL (NEW FOREST) LIMITED

RJS ELECTRICAL (NEW FOREST) LIMITED (REGISTERED NUMBER: 09142898)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RJS ELECTRICAL (NEW FOREST) LIMITED

COMPANY INFORMATION
for the Year Ended 30 September 2024







DIRECTORS: Mrs P M Stephens
Mrs R J Swager





SECRETARY:





REGISTERED OFFICE: 36a Station Road
New Milton
Hampshire
BH25 6JX





REGISTERED NUMBER: 09142898 (England and Wales)





ACCOUNTANTS: David Shores & Co Ltd
36a Station Road
New Milton
Hampshire
BH25 6JX

RJS ELECTRICAL (NEW FOREST) LIMITED (REGISTERED NUMBER: 09142898)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 10,771 7,180
10,771 7,180

CURRENT ASSETS
Stocks 1,086 1,631
Debtors 6 37,506 46,990
Cash at bank 408,904 396,406
447,496 445,027
CREDITORS
Amounts falling due within one year 7 54,710 64,320
NET CURRENT ASSETS 392,786 380,707
TOTAL ASSETS LESS CURRENT
LIABILITIES

403,557

387,887

PROVISIONS FOR LIABILITIES 2,346 1,042
NET ASSETS 401,211 386,845

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 401,111 386,745
SHAREHOLDERS' FUNDS 401,211 386,845

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

RJS ELECTRICAL (NEW FOREST) LIMITED (REGISTERED NUMBER: 09142898)

BALANCE SHEET - continued
30 September 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 26 February 2025 and were signed on its behalf by:





Mrs R J Swager - Director


RJS ELECTRICAL (NEW FOREST) LIMITED (REGISTERED NUMBER: 09142898)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024


1. STATUTORY INFORMATION

RJS Electrical (New Forest) Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, has been amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance and 25% on cost

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

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities and include trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Financial assets are measured at cost and amortized cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognized in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortized cost, being the transaction price less any amounts settled.

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.


RJS ELECTRICAL (NEW FOREST) LIMITED (REGISTERED NUMBER: 09142898)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 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.

Government grants
Revenue grants are recognized on an accrual's basis over the periods in which the company recognizes the related costs.

Employment benefits
The costs of short-term employee benefits are recognized as a liability and an expense, unless those costs are required to be recognized as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognized in the period in which the employee's services are received.

Termination benefits are recognized immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Provisions
Provisions (i.e. liabilities of uncertain timing or amount) are recognized when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 20,000
AMORTISATION
At 1 October 2023
and 30 September 2024 20,000
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

RJS ELECTRICAL (NEW FOREST) LIMITED (REGISTERED NUMBER: 09142898)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 61,434
Additions 7,168
At 30 September 2024 68,602
DEPRECIATION
At 1 October 2023 54,254
Charge for year 3,577
At 30 September 2024 57,831
NET BOOK VALUE
At 30 September 2024 10,771
At 30 September 2023 7,180

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 25,032 36,931
Other debtors 12,474 10,059
37,506 46,990

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 12,100 12,700
Taxation and social security 37,894 44,497
Other creditors 4,716 7,123
54,710 64,320

8. RELATED PARTY DISCLOSURES

During the period, the company was supported by a loan from a director. The balance was £0 (2023 - £2256) at the balance sheet date. No interest is charged and there are no formal repayment terms.A further director was in receipt of a loan from the company the balance of which was £11,798 (2023 - £6326). Interest is charged on the loan at 7.75% pa with repayment to be made in April 2025.

9. ULTIMATE CONTROLLING PARTY

The company is under control of the directors who are the ordinary shareholders.