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REGISTERED NUMBER: 12191160 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 December 2024

for

RCD Electrical Services (Leicester) Ltd

RCD Electrical Services (Leicester) Ltd (Registered number: 12191160)

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










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


RCD Electrical Services (Leicester) Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: C G Hindley
J L Hindley





REGISTERED OFFICE: 21 Oakfield Crescent
Blaby
Leicestershire
LE8 4HS





REGISTERED NUMBER: 12191160 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
RCD Electrical Services (Leicester) Ltd


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of RCD Electrical Services (Leicester) Ltd for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of RCD Electrical Services (Leicester) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of RCD Electrical Services (Leicester) Ltd and state those matters that we have agreed to state to the Board of Directors of RCD Electrical Services (Leicester) Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RCD Electrical Services (Leicester) Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that RCD Electrical Services (Leicester) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of RCD Electrical Services (Leicester) Ltd. You consider that RCD Electrical Services (Leicester) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of RCD Electrical Services (Leicester) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


6 March 2025

RCD Electrical Services (Leicester) Ltd (Registered number: 12191160)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,306 23,946

CURRENT ASSETS
Stocks 650 600
Debtors 5 106,581 34,537
Cash at bank 37,728 48,306
144,959 83,443
CREDITORS
Amounts falling due within one year 6 72,808 33,034
NET CURRENT ASSETS 72,151 50,409
TOTAL ASSETS LESS CURRENT
LIABILITIES

87,457

74,355

CREDITORS
Amounts falling due after more than
one year

7

-

(18,518

)

PROVISIONS FOR LIABILITIES (3,137 ) (5,125 )
NET ASSETS 84,320 50,712

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 84,220 50,612
SHAREHOLDERS' FUNDS 84,320 50,712

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

RCD Electrical Services (Leicester) Ltd (Registered number: 12191160)

Balance Sheet - continued
31 December 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 6 March 2025 and were signed on its behalf by:




C G Hindley - Director



J L Hindley - Director


RCD Electrical Services (Leicester) Ltd (Registered number: 12191160)

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


1. STATUTORY INFORMATION

RCD Electrical Services (Leicester) 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.

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

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 - 20% reducing balance
Fixtures and fittings - 20% reducing balance
Motor vehicles - 20% on cost
Computer equipment - 33% straight line basis

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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.


RCD Electrical Services (Leicester) Ltd (Registered number: 12191160)

Notes to the Financial Statements - continued
for the Year Ended 31 December 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.

Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account at rates of charge on the net obligations in each period.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 449 5,015 46,800 1,398 53,662
Additions 2,395 - - - 2,395
At 31 December 2024 2,844 5,015 46,800 1,398 56,057
DEPRECIATION
At 1 January 2024 263 1,127 27,560 766 29,716
Charge for year 516 778 9,360 381 11,035
At 31 December 2024 779 1,905 36,920 1,147 40,751
NET BOOK VALUE
At 31 December 2024 2,065 3,110 9,880 251 15,306
At 31 December 2023 186 3,888 19,240 632 23,946

RCD Electrical Services (Leicester) Ltd (Registered number: 12191160)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 78,981 25,899
Other debtors 881 3,386
VAT - 1,203
Prepayments and accrued income 26,719 4,049
106,581 34,537

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 18,159 7,628
Trade creditors 4,298 7,895
Corporation tax 12,886 5,336
VAT 11,649 -
Other creditors 3,190 1,205
Directors' current accounts 4,420 7,150
Accruals and deferred income 18,206 3,820
72,808 33,034

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts - 18,518

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Hire purchase contracts 18,159 26,146

The hire purchase is secured upon the asset which it relates to.

RCD Electrical Services (Leicester) Ltd (Registered number: 12191160)

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


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100