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REGISTERED NUMBER: 08528083 (England and Wales)















RHOS BUILDING LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024






RHOS BUILDING LTD (REGISTERED NUMBER: 08528083)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RHOS BUILDING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: N S Jameson
Ms N S McKibbin





REGISTERED OFFICE: Cartrefle
Station Road
Rhosneigr
Anglesey
LL64 5QP





REGISTERED NUMBER: 08528083 (England and Wales)





ACCOUNTANTS: Clarke Nicklin LLP
Chartered Accountants
Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD

RHOS BUILDING LTD (REGISTERED NUMBER: 08528083)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 8,773 11,239
Investments 5 33,386 33,386
42,159 44,625

CURRENT ASSETS
Stocks 2,470 2,470
Debtors 6 27,155 68,658
Cash at bank 1,197 210
30,822 71,338
CREDITORS
Amounts falling due within one year 7 88,539 87,188
NET CURRENT LIABILITIES (57,717 ) (15,850 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(15,558

)

28,775

CREDITORS
Amounts falling due after more than one
year

8

94,412

94,478
NET LIABILITIES (109,970 ) (65,703 )

CAPITAL AND RESERVES
Called up share capital 10 120 120
Retained earnings (110,090 ) (65,823 )
SHAREHOLDERS' FUNDS (109,970 ) (65,703 )

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

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

RHOS BUILDING LTD (REGISTERED NUMBER: 08528083)

BALANCE SHEET - continued
31 MAY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 May 2025 and were signed on its behalf by:





N S Jameson - Director


RHOS BUILDING LTD (REGISTERED NUMBER: 08528083)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Rhos Building 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Government grants
Grant income receivable under the Coronavirus Job Retention Scheme ("CJRS") is recognised in the Income Statement on a straight line basis over the furlough period for each relevant employee.

RHOS BUILDING LTD (REGISTERED NUMBER: 08528083)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023
and 31 May 2024 13,701 140 23,465 1,264 38,570
DEPRECIATION
At 1 June 2023 10,972 117 15,989 253 27,331
Charge for year 546 4 1,495 421 2,466
At 31 May 2024 11,518 121 17,484 674 29,797
NET BOOK VALUE
At 31 May 2024 2,183 19 5,981 590 8,773
At 31 May 2023 2,729 23 7,476 1,011 11,239

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 June 2023
and 31 May 2024 33,386
NET BOOK VALUE
At 31 May 2024 33,386
At 31 May 2023 33,386

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,482 55,985
Other debtors 4,617 4,617
Tax 8,056 8,056
27,155 68,658

RHOS BUILDING LTD (REGISTERED NUMBER: 08528083)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans 9,973 8,505
Tax 22,710 22,710
VAT 3,421 5,884
Other creditors 20,518 14,973
Directors' current accounts 27,196 32,117
Accrued expenses 4,721 2,999
88,539 87,188

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other loans - 1-2 years 8,506 7,956
Other loans - 2-5 years 85,906 86,522
94,412 94,478

9. SECURED DEBTS

The directors have provided a personal guarantee in relation to the company loan.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
120 Ordinary £1 120 120

11. ULTIMATE CONTROLLING PARTY

The company is under the joint control of the directors who own 100% of the issued share capital.