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Company Registration No. 09560714 (England and Wales)
R M SMITH CONSTRUCTION LTD Unaudited accounts for the year ended 30 April 2025
R M SMITH CONSTRUCTION LTD Unaudited accounts Contents
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R M SMITH CONSTRUCTION LTD Company Information for the year ended 30 April 2025
Directors
Robin Maurice Smith Tina Smith
Company Number
09560714 (England and Wales)
Registered Office
POST OFFICE VAULTS 4 Market Place WANTAGE Oxfordshire OX12 8AT United Kingdom
Accountants
J JENKIN & ASSOCIATES LIMITED POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT
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R M SMITH CONSTRUCTION LTD Statement of financial position as at 30 April 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
67,040 
80,491 
Current assets
Inventories
66,384 
72,399 
Debtors
58,687 
17,557 
Cash at bank and in hand
99,591 
148,608 
224,662 
238,564 
Creditors: amounts falling due within one year
(63,084)
(70,209)
Net current assets
161,578 
168,355 
Net assets
228,618 
248,846 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
228,616 
248,844 
Shareholders' funds
228,618 
248,846 
For the year ending 30 April 2025 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 25 May 2025 and were signed on its behalf by
Tina Smith Director Company Registration No. 09560714
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R M SMITH CONSTRUCTION LTD Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
R M SMITH CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 09560714. The registered office is POST OFFICE VAULTS, 4 Market Place, WANTAGE, Oxfordshire, OX12 8AT, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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% Straight Line
Motor vehicles
25% Straight Line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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R M SMITH CONSTRUCTION LTD Notes to the Accounts for the year ended 30 April 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2024
3,834 
89,040 
92,874 
Additions
- 
18,745 
18,745 
Disposals
- 
(17,690)
(17,690)
At 30 April 2025
3,834 
90,095 
93,929 
Depreciation
At 1 May 2024
1,654 
10,729 
12,383 
Charge for the year
654 
18,643 
19,297 
On disposals
- 
(4,791)
(4,791)
At 30 April 2025
2,308 
24,581 
26,889 
Net book value
At 30 April 2025
1,526 
65,514 
67,040 
At 30 April 2024
2,180 
78,311 
80,491 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
45,950 
2,260 
Deferred tax asset
12,737 
15,297 
58,687 
17,557 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
11,881 
10,975 
Trade creditors
15,713 
5,442 
Taxes and social security
33,653 
52,026 
Loans from directors
637 
566 
Accruals
1,200 
1,200 
63,084 
70,209 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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