RJ Design (Architectural Services) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04338235

RJ DESIGN (ARCHITECTURAL SERVICES) LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 December 2024

RJ DESIGN (ARCHITECTURAL SERVICES) LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2024

CONTENTS	PAGE

Statement of financial position	1

Notes to the financial statements	3

RJ DESIGN (ARCHITECTURAL SERVICES) LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2024

	2024		2023
Note	£	£	£	£

FIXED ASSETS

Intangible assets	5	1	1
Tangible assets	6	–	80,078
Investments	7	85,000	–
		---------	---------
		85,001	80,079

CURRENT ASSETS

Debtors	8	2,060	546
Cash at bank and in hand		15,137	38,289
		---------	---------
		17,197	38,835

CREDITORS: amounts falling due within one year	9	11,914		34,963
		---------		---------
NET CURRENT ASSETS			5,283		3,872
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			90,284		83,951

CREDITORS: amounts falling due after more than one year	10		3,966		8,934

PROVISIONS

Taxation including deferred tax	11	2,959	1,715
		---------	---------
NET ASSETS		83,359	73,302
		---------	---------

RJ DESIGN (ARCHITECTURAL SERVICES) LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2024

	2024		2023
Note	£	£	£	£

CAPITAL AND RESERVES

Called up share capital	13	2	2
Revaluation reserve		12,614	–
Profit and loss account		70,743	73,300
		---------	---------
SHAREHOLDERS FUNDS		83,359	73,302
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 14 April 2025 , and are signed on behalf of the board by:

R A Jagger
Director

Company registration number: 04338235

RJ DESIGN (ARCHITECTURAL SERVICES) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2024

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Equitable House, 55 Pellon Lane, Halifax, West Yorkshire, HX1 5SP.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are not considered to be any judgements or accounting estimates or assumptions that have a significant impact on the financial statements.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Current and deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold Property	-	2% straight line
Equipment	-	33.33% reducing balance

Investments

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).

5. INTANGIBLE ASSETS

	Goodwill
	£
Cost
At 1 January 2024 and 31 December 2024	15,000
	---------
Amortisation
At 1 January 2024 and 31 December 2024	14,999
	---------
Carrying amount
At 31 December 2024	1
	---------
At 31 December 2023	1
	---------

6. TANGIBLE ASSETS

	Freehold property	Equipment	Total
	£	£	£
Cost
At 1 January 2024	81,875	44,588	126,463
Disposals	( 81,875)	( 44,588)	( 126,463)
	---------	---------	----------
At 31 December 2024	–	–	–
	---------	---------	----------
Depreciation
At 1 January 2024	10,811	35,574	46,385
Charge for the year	1,637	3,003	4,640
Disposals	( 12,448)	( 38,577)	( 51,025)
	---------	---------	----------
At 31 December 2024	–	–	–
	---------	---------	----------
Carrying amount
At 31 December 2024	–	–	–
	---------	---------	----------
At 31 December 2023	71,064	9,014	80,078
	---------	---------	----------

7. INVESTMENTS

	Investment property
	£
Cost
At 1 January 2024	–
Additions	69,427
Revaluations	15,573
	---------
At 31 December 2024	85,000
	---------
Impairment
At 1 January 2024 and 31 December 2024	–
	---------

Carrying amount
At 31 December 2024	85,000
	---------
At 31 December 2023	–
	---------

The freehold property was converted to an investment property on 31 December 2024. The property has been revalued by the director at £85,000 on 31 December 2024.

8. DEBTORS

	2024	2023
	£	£
Trade debtors	2,000	400
Prepayments and accrued income	60	146
	-------	----
	2,060	546
	-------	----

9. CREDITORS: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	5,001	5,000
Accruals and deferred income	1,935	1,770
Corporation tax	1,493	3,564
Social security and other taxes	–	2,849
Director loan accounts	3,485	21,780
	---------	---------
	11,914	34,963
	---------	---------

10. CREDITORS: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	3,966	8,934
	-------	-------

11. PROVISIONS

	Deferred tax (note 12)
	£
At 1 January 2024	1,715
Additions	( 1,715)
Other movements 1	2,959
	-------
At 31 December 2024	2,959
	-------

12. DEFERRED TAX

The deferred tax included in the statement of financial position is as follows:

	2024	2023
	£	£
Included in provisions (note 11)	2,959	1,715
	-------	-------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2024	2023
	£	£
Accelerated capital allowances	–	1,715
Revaluation of tangible assets	2,959	–
	-------	-------
	2,959	1,715
	-------	-------

13. CALLED UP SHARE CAPITAL

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
Ordinary shares of £ 1 each	2	2	2	2
	----	----	----	----

14. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The directors loan account was in credit throughout the year. The loan is repayable on demand and no interest is charged.