REGISTERED NUMBER: 05652513 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

R W Technical Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Wright

SECRETARY:

P Saunderson

REGISTERED OFFICE:

Mill House Farm

92 New Street

Halsall

Ormskirk

Lancashire

L39 8RS

REGISTERED NUMBER:

05652513 (England and Wales)

ACCOUNTANTS:

Myersons

Chartered Accountants

32 Derby Street

Ormskirk

Lancashire

L39 2BY

FIXED ASSETS

Tangible assets

4

68,847

84,334

CURRENT ASSETS

Stocks

5

5,000

5,000

Debtors

6

166,196

237,489

Cash at bank and in hand

117,754

44,579

288,950

287,068

CREDITORS

Amounts falling due within one year

7

155,360

128,817

NET CURRENT ASSETS

133,590

158,251

TOTAL ASSETS LESS CURRENT LIABILITIES

202,437

242,585

CREDITORS

Amounts falling due after more than one year

8

(22,678

)

(42,844

)

PROVISIONS FOR LIABILITIES

10

(15,170

)

(16,864

)

NET ASSETS

164,589

182,877

CAPITAL AND RESERVES

Called up share capital

11

2

2

Retained earnings

164,587

182,875

SHAREHOLDERS' FUNDS

164,589

182,877

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

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

The director acknowledges his 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 24 September 2025 and were signed by:

R Wright - Director

1.	STATUTORY INFORMATION

R W Technical Services 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

11,206

10,136

186,788

38,487

246,617

Additions

2,498

-

-

20,691

23,189

At 31 December 2024

13,704

10,136

186,788

59,178

269,806

DEPRECIATION

At 1 January 2024

4,123

1,832

131,156

25,172

162,283

Charge for year

2,479

1,968

25,035

9,194

38,676

At 31 December 2024

6,602

3,800

156,191

34,366

200,959

NET BOOK VALUE

At 31 December 2024

7,102

6,336

30,597

24,812

68,847

At 31 December 2023

7,083

8,304

55,632

13,315

84,334

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2024

and 31 December 2024

113,141

DEPRECIATION

At 1 January 2024

57,509

Charge for year

25,035

At 31 December 2024

82,544

NET BOOK VALUE

At 31 December 2024

30,597

At 31 December 2023

55,632

5.

STOCKS

31.12.24

31.12.23

£

£

Stocks

5,000

5,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

144,364

221,940

Other debtors

21,832

15,549

166,196

237,489

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

7,000

7,000

Hire purchase contracts

13,165

13,165

Trade creditors

19,321

24,419

Taxation and social security

76,459

67,922

Other creditors

39,415

16,311

155,360

128,817

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

3,500

10,500

Hire purchase contracts

19,178

32,344

22,678

42,844

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Hire purchase contracts

32,343

45,509

The Hire purchase contracts are secured on the assets they were used to purchase with.

10.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

15,170

16,864

Deferred

tax

£

Balance at 1 January 2024

16,864

Provided during year

(1,694

)

Balance at 31 December 2024

15,170

Deferred tax relates purely to the timing difference in accelerated capital allowances in excess of depreciation charged.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

2

Ordinary

£1

2

2

12.	RELATED PARTY DISCLOSURES

The controlling party is R Wright.