Registered number
11309111
RKG Installations Limited
Filleted Accounts
30 April 2025
RKG Installations Limited
Registered number: 11309111
Balance Sheet
as at 30 April 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 124,457 75,971
Current assets
Debtors 4 160,880 102,669
Cash at bank and in hand 120 6,534
161,000 109,203
Creditors: amounts falling due within one year 5 (115,757) (57,434)
Net current assets 45,243 51,769
Total assets less current liabilities 169,700 127,740
Creditors: amounts falling due after more than one year 6 (156,097) (113,635)
Provisions for liabilities (23,000) (14,000)
Net (liabilities)/assets (9,397) 105
Capital and reserves
Called up share capital 99 99
Profit and loss account (9,496) 6
Shareholder's funds (9,397) 105
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R Graham
Director
Approved by the board on 7 May 2025
RKG Installations Limited
Notes to the Accounts
for the year ended 30 April 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery 25% reducing balance
Fixtures, fittings, tools and equipment 25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised 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.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 9 7
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 May 2024 127,709
Additions 181,941
Disposals (140,876)
At 30 April 2025 168,774
Depreciation
At 1 May 2024 51,738
Charge for the year 28,628
On disposals (36,049)
At 30 April 2025 44,317
Net book value
At 30 April 2025 124,457
At 30 April 2024 75,971
4 Debtors 2025 2024
£ £
Trade debtors 39,115 80,319
Other debtors 121,765 22,350
160,880 102,669
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 67,184 30,000
Obligations under finance lease and hire purchase contracts 18,438 -
Taxation and social security costs 29,701 26,672
Other creditors 434 762
115,757 57,434
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 68,434 113,635
Obligations under finance lease and hire purchase contracts 87,663 -
156,097 113,635
7 Other information
RKG Installations Limited is a private company limited by shares and incorporated in England. Its registered office is:
24 College Road
Alsager
ST7 2ST
RKG Installations Limited 11309111 false 2024-05-01 2025-04-30 2025-04-30 VT Final Accounts July 2024 R Graham No description of principal activity 11309111 2023-05-01 2024-04-30 11309111 core:WithinOneYear 2024-04-30 11309111 core:AfterOneYear 2024-04-30 11309111 core:ShareCapital 2024-04-30 11309111 core:RetainedEarningsAccumulatedLosses 2024-04-30 11309111 2024-05-01 2025-04-30 11309111 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 11309111 bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 11309111 bus:Director40 2024-05-01 2025-04-30 11309111 1 2024-05-01 2025-04-30 11309111 2 2024-05-01 2025-04-30 11309111 core:PlantMachinery 2024-05-01 2025-04-30 11309111 countries:England 2024-05-01 2025-04-30 11309111 bus:FRS102 2024-05-01 2025-04-30 11309111 bus:FilletedAccounts 2024-05-01 2025-04-30 11309111 2025-04-30 11309111 core:WithinOneYear 2025-04-30 11309111 core:AfterOneYear 2025-04-30 11309111 core:ShareCapital 2025-04-30 11309111 core:RetainedEarningsAccumulatedLosses 2025-04-30 11309111 core:PlantMachinery 2025-04-30 11309111 2024-04-30 11309111 core:PlantMachinery 2024-04-30 iso4217:GBP xbrli:pure