RBT UNDERFLOOR LIMITED

Company Registration Number:
SC459693 (Scotland)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

RBT UNDERFLOOR LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Additional notes
Balance sheet notes

RBT UNDERFLOOR LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 4,839 7,357
Total fixed assets: 4,839 7,357
Current assets
Stocks: 4 162,680 167,960
Debtors: 5 147,085 159,504
Cash at bank and in hand: 342,564 217,655
Total current assets: 652,329 545,119
Creditors: amounts falling due within one year: 6 ( 147,856 ) ( 104,836 )
Net current assets (liabilities): 504,473 440,283
Total assets less current liabilities: 509,312 447,640
Creditors: amounts falling due after more than one year: 7 ( 9,260 ) ( 19,274 )
Provision for liabilities: ( 1,209 ) ( 1,839 )
Total net assets (liabilities): 498,843 426,527
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 498,743 426,427
Total Shareholders' funds: 498,843 426,527

The notes form part of these financial statements

RBT UNDERFLOOR LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 1 May 2025
and signed on behalf of the board by:

Name: Michael Stuart Allan
Status: Director

The notes form part of these financial statements

RBT UNDERFLOOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Asset class Depreciation method and rate Plant and machinery 25% reducing balance

RBT UNDERFLOOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 7 8

RBT UNDERFLOOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 27,551 27,551
Additions 1,854 1,854
Disposals
Revaluations
Transfers
At 31 December 2024 29,405 29,405
Depreciation
At 1 January 2024 20,194 20,194
Charge for year 4,372 4,372
On disposals
Other adjustments
At 31 December 2024 24,566 24,566
Net book value
At 31 December 2024 4,839 4,839
At 31 December 2023 7,357 7,357

RBT UNDERFLOOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Stocks

2024 2023
£ £
Stocks 162,680 167,960
Total 162,680 167,960

RBT UNDERFLOOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

2024 2023
£ £
Trade debtors 135,018 151,626
Prepayments and accrued income 8,467 7,878
Other debtors 3,600
Total 147,085 159,504

RBT UNDERFLOOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 10,649 10,649
Trade creditors 61,167 46,813
Taxation and social security 69,560 39,607
Accruals and deferred income 5,576 7,125
Other creditors 904 642
Total 147,856 104,836

RBT UNDERFLOOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 9,260 19,274
Total 9,260 19,274