Company Registration No. 08153093 (England and Wales)
RTS DOOR SYSTEMS LTD
Unaudited accounts
for the year ended 31 July 2024
RTS DOOR SYSTEMS LTD
Unaudited accounts
Contents
RTS DOOR SYSTEMS LTD
Company Information
for the year ended 31 July 2024
Company Number
08153093 (England and Wales)
Registered Office
R T S Door Systems Ltd
Unit E1
Halesfield 5
Telford
Shropshire
TF7 4QJ
England
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
RTS DOOR SYSTEMS LTD
Statement of financial position
as at 31 July 2024
Intangible assets
945
1,198
Tangible assets
186,793
164,421
Cash at bank and in hand
11,051
162,650
Creditors: amounts falling due within one year
(164,562)
(316,914)
Net current assets
34,797
42,702
Total assets less current liabilities
222,535
208,321
Creditors: amounts falling due after more than one year
(79,360)
(60,853)
Provisions for liabilities
Deferred tax
(35,490)
(31,239)
Net assets
107,685
116,229
Called up share capital
100
100
Profit and loss account
107,585
116,129
Shareholders' funds
107,685
116,229
For the year ending 31 July 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 8 April 2025 and were signed on its behalf by
R Smith
Director
Company Registration No. 08153093
RTS DOOR SYSTEMS LTD
Notes to the Accounts
for the year ended 31 July 2024
RTS DOOR SYSTEMS LTD is a private company, limited by shares, registered in England and Wales, registration number 08153093. The registered office is R T S Door Systems Ltd, Unit E1, Halesfield 5, Telford, Shropshire, TF7 4QJ, England.
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
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 August 2023
53,505
2,534
56,039
At 31 July 2024
53,505
2,534
56,039
At 1 August 2023
53,505
1,336
54,841
Charge for the year
-
253
253
At 31 July 2024
53,505
1,589
55,094
At 31 July 2023
-
1,198
1,198
RTS DOOR SYSTEMS LTD
Notes to the Accounts
for the year ended 31 July 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2023
196,341
68,320
29,342
4,942
298,945
Additions
10,553
46,550
28,060
1,986
87,149
Disposals
-
(23,527)
-
-
(23,527)
At 31 July 2024
206,894
91,343
57,402
6,928
362,567
At 1 August 2023
86,665
36,658
9,070
2,131
134,524
Charge for the year
30,092
18,051
9,666
959
58,768
On disposals
-
(17,518)
-
-
(17,518)
At 31 July 2024
116,757
37,191
18,736
3,090
175,774
At 31 July 2024
90,137
54,152
38,666
3,838
186,793
At 31 July 2023
109,676
31,662
20,272
2,811
164,421
Amounts falling due within one year
Trade debtors
101,026
113,246
Accrued income and prepayments
13,891
2,452
Other debtors
5,000
22,293
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
19,362
12,514
Obligations under finance leases and hire purchase contracts
9,169
14,778
Trade creditors
109,359
104,958
Taxes and social security
15,990
18,194
Other creditors
9,614
43,359
Loans from directors
1,068
-
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
33,781
5,246
RTS DOOR SYSTEMS LTD
Notes to the Accounts
for the year ended 31 July 2024
9
Average number of employees
During the year the average number of employees was 8 (2023: 7).