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REGISTERED NUMBER: 04540359 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

RIX ENGINEERING (HARLESTON) LIMITED

RIX ENGINEERING (HARLESTON) LIMITED (Registered number: 04540359)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RIX ENGINEERING (HARLESTON) LIMITED

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Mrs C Rix





SECRETARY: Mrs C Rix





REGISTERED OFFICE: Unit 8
Mayflower Way
Harleston Industrial Estate
Harleston
Norfolk
IP20 9EB





REGISTERED NUMBER: 04540359 (England and Wales)





ACCOUNTANTS: Calum Ward & Co Ltd
Market House
Church Street
Harleston
Norfolk
IP20 9BB

RIX ENGINEERING (HARLESTON) LIMITED (Registered number: 04540359)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 236,441 159,886

CURRENT ASSETS
Stocks 5 47,500 71,500
Debtors 6 53,141 67,192
Cash at bank 377,442 341,762
478,083 480,454
CREDITORS
Amounts falling due within one year 7 275,210 293,193
NET CURRENT ASSETS 202,873 187,261
TOTAL ASSETS LESS CURRENT
LIABILITIES

439,314

347,147

PROVISIONS FOR LIABILITIES 8 51,780 30,378
NET ASSETS 387,534 316,769

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9 387,434 316,669
SHAREHOLDERS' FUNDS 387,534 316,769

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 June 2025 and were signed by:



Mrs C Rix - Director


RIX ENGINEERING (HARLESTON) LIMITED (Registered number: 04540359)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

RIX ENGINEERING (HARLESTON) LIMITED 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.
Plant & equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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 Income Statement, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

RIX ENGINEERING (HARLESTON) LIMITED (Registered number: 04540359)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant & Motor Computer
property equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2023 40,999 439,183 94,618 2,743 577,543
Additions - 83,550 40,000 - 123,550
Disposals - (4,169 ) (15,700 ) - (19,869 )
At 31 October 2024 40,999 518,564 118,918 2,743 681,224
DEPRECIATION
At 1 November 2023 - 356,024 59,175 2,458 417,657
Charge for year - 20,134 18,518 143 38,795
Eliminated on disposal - 3,531 (15,200 ) - (11,669 )
At 31 October 2024 - 379,689 62,493 2,601 444,783
NET BOOK VALUE
At 31 October 2024 40,999 138,875 56,425 142 236,441
At 31 October 2023 40,999 83,159 35,443 285 159,886

5. STOCKS
31.10.24 31.10.23
£    £   
Stocks 47,500 71,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 53,141 67,192

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 50,218 67,866
Tax 10,622 8,310
VAT 4,233 31,829
Directors' current accounts 208,887 183,938
Accrued expenses 1,250 1,250
275,210 293,193

8. PROVISIONS FOR LIABILITIES
31.10.24 31.10.23
£    £   
Deferred tax 51,780 30,378

RIX ENGINEERING (HARLESTON) LIMITED (Registered number: 04540359)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 November 2023 30,378
Provided during year 21,402
Balance at 31 October 2024 51,780

9. RESERVES
Retained
earnings
£   

At 1 November 2023 316,669
Profit for the year 98,765
Dividends (28,000 )
At 31 October 2024 387,434