Company Registration No. 09797841 (England and Wales)
R & C Developers Ltd
Unaudited accounts
for the year ended 30 September 2024
R & C Developers Ltd
Unaudited accounts
Contents
R & C Developers Ltd
Company Information
for the year ended 30 September 2024
Directors
Mr Christopher Spratt
Mr Robert Gahagan
Secretary
Mr Jonathan Kemp
Company Number
09797841 (England and Wales)
Registered Office
Tapnage Farm
Titchfield Lane
Wickham
Fareham
Hampshire
PO17 5PQ
England
Accountants
Balancing the Books
TB3 Little Tapnage
Titchfield Lane
Fareham
Hampshire
PO17 5PQ
R & C Developers Ltd
Accountants' report
Accountants' report to the board of directors of R & C Developers Ltd on the preparation of the unaudited statutory accounts for the year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
R & C Developers Ltd for the year ended
30 September 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of R & C Developers Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of R & C Developers Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R & C Developers Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that R & C Developers Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of R & C Developers Ltd. You consider that R & C Developers 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 accounts of R & C Developers 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 accounts.
Balancing the Books
TB3 Little Tapnage
Titchfield Lane
Fareham
Hampshire
PO17 5PQ
1 May 2025
R & C Developers Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
25,916
47,671
Cash at bank and in hand
7,742
14,297
Creditors: amounts falling due within one year
(8,047)
(21,069)
Net current assets/(liabilities)
3,078
(6,772)
Total assets less current liabilities
28,994
40,899
Creditors: amounts falling due after more than one year
(7,797)
(42,943)
Net assets/(liabilities)
21,197
(2,044)
Called up share capital
2
2
Profit and loss account
21,195
(2,046)
Shareholders' funds
21,197
(2,044)
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 1 May 2025 and were signed on its behalf by
Mr Christopher Spratt
Director
Company Registration No. 09797841
R & C Developers Ltd
Notes to the Accounts
for the year ended 30 September 2024
R & C Developers Ltd is a private company, limited by shares, registered in England and Wales, registration number 09797841. The registered office is Tapnage Farm, Titchfield Lane, Wickham, Fareham, Hampshire, PO17 5PQ, 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
33% Straight Line
Motor vehicles
33% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
64,886
73,206
2,984
141,076
At 30 September 2024
64,886
73,206
2,984
141,076
At 1 October 2023
34,289
56,540
2,576
93,405
Charge for the year
13,234
8,333
188
21,755
At 30 September 2024
47,523
64,873
2,764
115,160
At 30 September 2024
17,363
8,333
220
25,916
At 30 September 2023
30,597
16,666
408
47,671
Amounts falling due within one year
R & C Developers Ltd
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
12,790
6,000
Obligations under finance leases and hire purchase contracts
-
2,400
Taxes and social security
51,533
45,396
Loans from directors
(75,802)
(37,642)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
11,443
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).