2023-07-01 11981503 2024-06-30 11981503 2023-07-01 2024-06-30 11981503 2023-06-30 11981503 2022-07-01 2023-06-30 11981503 uk-core:WithinOneYear 2023-06-30 11981503 uk-core:WithinOneYear 2024-06-30 11981503 uk-core:AfterOneYear 2023-06-30 11981503 uk-core:AfterOneYear 2024-06-30 11981503 uk-core:ShareCapital 2024-06-30 11981503 uk-core:ShareCapital 2023-06-30 11981503 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 11981503 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 11981503 uk-bus:Director1 2023-07-01 2024-06-30 11981503 uk-core:ToolsEquipment 2023-07-01 2024-06-30 11981503 uk-core:ComputerEquipment 2023-07-01 2024-06-30 11981503 uk-core:CommercialMotorVehicles 2023-07-01 2024-06-30 11981503 uk-core:FurnitureFittings 2023-07-01 2024-06-30 11981503 uk-core:ComputerEquipment 2023-06-30 11981503 uk-core:FurnitureFittings 2023-06-30 11981503 uk-core:CommercialMotorVehicles 2023-06-30 11981503 uk-core:ToolsEquipment 2023-06-30 11981503 uk-core:CommercialMotorVehicles 2024-06-30 11981503 uk-core:FurnitureFittings 2024-06-30 11981503 uk-core:ComputerEquipment 2024-06-30 11981503 uk-core:ToolsEquipment 2024-06-30 11981503 uk-core:WithinOneYear 2024-06-30 11981503 uk-core:WithinOneYear 2023-06-30 11981503 uk-core:AfterOneYear uk-core:Secured 2024-06-30 11981503 uk-core:AfterOneYear uk-core:Secured 2023-06-30 iso4217:GBP xbrli:pure 11981503 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 11981503 uk-bus:FRS102 2023-07-01 2024-06-30 11981503 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 11981503 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
R&W Engineering Services Ltd
Registered Number:11981503
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2024
R&W Engineering Services Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
11981503
As at 30 June 2024
R&W Engineering Services Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
20,889
24,567
2
20,889
24,567
Current assets
Trade and other receivables
35,246
43,145
3
10,057
Cash and cash equivalents
1,809
44,954
45,303
Trade and other payables: amounts falling due within one year
(44,221)
(49,345)
4
1,082
(4,391)
Net current liabilities
Total assets less current liabilities
16,498
25,649
Trade and other payables: amounts falling due after more than
one year
(7,667)
(3,667)
5
(5,536)
(6,510)
Provisions for liabilities
7,295
Net assets
11,472
Capital and reserves
Called up share capital
100
100
Retained earnings
7,195
11,372
7,295
11,472
Shareholders' funds
For the year ended 30 June 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Robert Higham Director
These financial statements were approved and authorised for issue by the Board on 11 February 2025 and were signed by:
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4
Registered Number :
11981503
For the year ended 30 June 2024
R&W Engineering Services Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 June 2024
R&W Engineering Services Ltd
Notes to the Financial Statements
Statutory Information
R&W Engineering Services Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 11981503.
Principal place of business:
144a Wistaston Road
Willaston
Nantwich
Cheshire
CW5 6QT
Registered address:
Suite 1, Old Stables Court
6a Queen Street
Newcastle under Lyme
Staffordshire
ST5 1ED
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006.
The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain
assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
33% Reducing balance
Computer Equipment
25% Reducing balance
Motor Vehicles
25% Reducing balance
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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6
For the year ended 30 June 2024
R&W Engineering Services Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor Vehicles
Plant and
Machinery
£
£
£
£
£
Cost or valuation
At 01 July 2023
50,408
3,346
332
37,357
9,373
3,528
-
1,232
-
2,296
Additions
At 30 June 2024
37,357
1,564
3,346
53,936
11,669
Provision for depreciation and impairment
At 01 July 2023
25,841
1,104
227
19,829
4,681
Charge for year
7,206
740
334
4,382
1,750
At 30 June 2024
33,047
1,844
561
24,211
6,431
At 30 June 2024
Net book value
5,238
13,146
1,003
1,502
20,889
At 30 June 2023
4,692
17,528
105
2,242
24,567
3. Trade and other receivables
2023
2024
£
£
Trade debtors
37,662
33,765
Other debtors
5,483
1,481
35,246
43,145
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
4,000
4,000
Trade creditors
123
127
Taxation and social security
45,195
40,067
Other creditors
27
27
49,345
44,221
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
3,667
7,667
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7
For the year ended 30 June 2024
R&W Engineering Services Ltd
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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