Company Registration No. 12445610 (England and Wales)
RSGD (SHEFF) LIMITED
Unaudited accounts
for the year ended 31 March 2024
RSGD (SHEFF) LIMITED
Unaudited accounts
Contents
RSGD (SHEFF) LIMITED
Company Information
for the year ended 31 March 2024
Company Number
12445610 (England and Wales)
Registered Office
Unit 47 Basepoint Centre
Dartford Business Park, Victoria Road
Dartford
Kent
DA1 5FS
United Kingdom
RSGD (SHEFF) LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
320,385
373,181
Cash at bank and in hand
39,970
24,874
Creditors: amounts falling due within one year
(590,132)
(629,835)
Net current liabilities
(279,284)
(435,784)
Total assets less current liabilities
41,101
(62,603)
Creditors: amounts falling due after more than one year
(67,947)
(87,801)
Net liabilities
(26,846)
(150,404)
Called up share capital
100
100
Profit and loss account
(26,946)
(150,504)
Shareholders' funds
(26,846)
(150,404)
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 December 2024 and were signed on its behalf by
Mr Vipul Sharma
Director
Company Registration No. 12445610
RSGD (SHEFF) LIMITED
Notes to the Accounts
for the year ended 31 March 2024
RSGD (SHEFF) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12445610. The registered office is Unit 47 Basepoint Centre , Dartford Business Park, Victoria Road, Dartford, Kent, DA1 5FS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
170,220
283,997
454,217
At 31 March 2024
170,220
286,397
456,617
At 1 April 2023
16,076
64,960
81,036
Charge for the year
11,348
43,848
55,196
At 31 March 2024
27,424
108,808
136,232
At 31 March 2024
142,796
177,589
320,385
At 31 March 2023
154,144
219,037
373,181
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Fixtures & fittings
-
94,951
RSGD (SHEFF) LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
64,910
46,663
Amounts due from group undertakings etc.
131,337
77,725
Accrued income and prepayments
42,276
13,389
Other debtors
21,800
20,000
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
19,853
18,455
Trade creditors
88,298
108,040
Amounts owed to group undertakings and other participating interests
402,997
471,705
Taxes and social security
53,409
15,672
Other creditors
20,075
10,463
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
67,947
87,801
The parent and ultimate controlling company is RSGD Holdings 3 Limited.
9
Average number of employees
During the year the average number of employees was 17 (2023: 30).