BrightAccountsProduction v1.0.0 v1.0.0 2023-08-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The nature of the company's operations and principle activities is the supply of engineering services. 13 June 2025 0 0 09142264 2024-07-31 09142264 2023-07-31 09142264 2022-07-31 09142264 2023-08-01 2024-07-31 09142264 2022-08-01 2023-07-31 09142264 uk-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09142264 uk-curr:PoundSterling 2023-08-01 2024-07-31 09142264 uk-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09142264 uk-bus:FullAccounts 2023-08-01 2024-07-31 09142264 uk-bus:Director1 2023-08-01 2024-07-31 09142264 uk-bus:RegisteredOffice 2023-08-01 2024-07-31 09142264 uk-bus:Agent1 2023-08-01 2024-07-31 09142264 uk-core:ShareCapital 2024-07-31 09142264 uk-core:ShareCapital 2023-07-31 09142264 uk-core:RetainedEarningsAccumulatedLosses 2024-07-31 09142264 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 09142264 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-07-31 09142264 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-07-31 09142264 uk-bus:FRS102 2023-08-01 2024-07-31 09142264 uk-core:FurnitureFittingsToolsEquipment 2023-08-01 2024-07-31 09142264 uk-core:OtherPropertyPlantEquipment 2023-08-01 2024-07-31 09142264 uk-core:WithinOneYear 2024-07-31 09142264 uk-core:WithinOneYear 2023-07-31 09142264 uk-core:WithinOneYear 2024-07-31 09142264 uk-core:WithinOneYear 2023-07-31 09142264 uk-core:EmployeeBenefits 2023-07-31 09142264 uk-core:EmployeeBenefits 2023-08-01 2024-07-31 09142264 uk-core:AcceleratedTaxDepreciationDeferredTax 2024-07-31 09142264 uk-core:TaxLossesCarry-forwardsDeferredTax 2024-07-31 09142264 uk-core:OtherDeferredTax 2024-07-31 09142264 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2024-07-31 09142264 uk-core:EmployeeBenefits 2024-07-31 09142264 2023-08-01 2024-07-31 09142264 uk-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 09142264
 
 
RFH Contracts Limited
 
Unaudited Financial Statements
 
for the financial year ended 31 July 2024
RFH Contracts Limited
DIRECTOR AND OTHER INFORMATION

 
Director Mr. John Carr
 
 
Company Registration Number 09142264
 
 
Registered Office and Business Address 3 Chatworth Road
Scotforth
Lancaster
LA1 4SL
 
 
Accountants MCI Chartered Accountants
Sentinel House
13 Pump Street
Derry
BT48 6JG
 
 
Bankers Lloyds Bank PLC
  CSC, Dept 9129,
  1 Legg Street,
  Chelmsford
  Essex
  CM1 1JS
   
   
  AIB PLC
  57 Main street,
  Dungloe,
  Co. Donegal
  Republic of Ireland



RFH Contracts Limited
Company Registration Number: 09142264
BALANCE SHEET
as at 31 July 2024

2024 2023
Notes £ £
 
Fixed Assets
Tangible assets 4 7,120 6,863
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Current Assets
Debtors 5 37,436 30,852
Cash at bank and in hand 28,710 65,676
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66,146 96,528
───────── ─────────
Creditors: amounts falling due within one year 6 (37,810) (77,443)
───────── ─────────
Net Current Assets 28,336 19,085
───────── ─────────
Total Assets less Current Liabilities 35,456 25,948
 
Provisions for liabilities 7 (1,353) (1,304)
───────── ─────────
Net Assets 34,103 24,644
═════════ ═════════
 
Capital and Reserves
Called up share capital 100 100
Statement of income and retained earnings 34,003 24,544
───────── ─────────
Shareholders' Funds 34,103 24,644
═════════ ═════════
 
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Statement of Income and Retained Earnings and Director's Report.
           
For the financial year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 13 June 2025
           
           
________________________________          
Mr. John Carr          
Director          
           



RFH Contracts Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 July 2024

   
1. General Information
 
RFH Contracts Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 09142264. The registered office of the company is 3 Chatworth Road, Scotforth, Lancaster, LA1 4SL which is also the principal place of business of the company. The nature of the company's operations and principle activities is the supply of engineering services. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 July 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of services supplied by the company, exclusive of trade discounts and value added tax. The policy adopted for the recognition of turnover is as follows:

Rendering of engineering services
When the outcome of a transaction can be estimated reliably, turnover from engineering services is recognised by reference to the state of completion at the balance sheet date. The stage of completion is measured by reference to labour hours completed and materials consumed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 20% Reducing Balance
  Computer Equipment - 33% Reducing Balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimated the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current markets assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in the statement of income and retained earnings, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in the Statement of Income and Retained Earnings, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.
 
Taxation and deferred taxation
The charge for taxation is based on the results for the period and takes into account taxation deferred because of timing difference between the treatment of certain items for taxation and accounting purposes.

Deferred tax is recognised in respect of all timing difference that have originated but not reversed at the reporting date. Provision is made at the rates expected to apply when the timing differences reverse. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in taxable profits different from those in which they are recognised in the financial statements.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was : 1 (2023: 1)
         
4. Tangible assets
  Fixtures, Computer Total
  fittings and Equipment  
  equipment    
  £ £ £
Cost
At 1 August 2023 18,378 1,011 19,389
Additions - 2,135 2,135
  ───────── ───────── ─────────
At 31 July 2024 18,378 3,146 21,524
  ───────── ───────── ─────────
Depreciation
At 1 August 2023 11,559 967 12,526
Charge for the financial year 1,363 515 1,878
  ───────── ───────── ─────────
At 31 July 2024 12,922 1,482 14,404
  ───────── ───────── ─────────
Net book value
At 31 July 2024 5,456 1,664 7,120
  ═════════ ═════════ ═════════
At 31 July 2023 6,819 44 6,863
  ═════════ ═════════ ═════════
       
5. Debtors 2024 2023
  £ £
 
Trade debtors 37,436 30,852
  ═════════ ═════════
       
6. Creditors 2024 2023
Amounts falling due within one year £ £
 
Bank loan - 982
Taxation 10,637 13,348
Director's current account 22,673 60,863
Accruals 4,500 2,250
  ───────── ─────────
  37,810 77,443
  ═════════ ═════════
         
7. Provisions for liabilities
 
The amounts provided for deferred taxation are analysed below:
 
  Capital Total Total
  allowances    
       
    2024 2023
  £ £ £
 
At financial year start 1,304 1,304 1,632
Charged to profit and loss 49 49 (328)
  ───────── ───────── ─────────
At financial year end 1,353 1,353 1,304
  ═════════ ═════════ ═════════