RSD SITE RECRUIT LIMITED


Directors	CAVANAGH, Darron William
	DYSON, Robert Stephen


Registered Address	C/O Complete Hq 2 Bridge Court Kingsmill Road
	Tamar View Industrial Estate
	Saltash
	PL12 6LS


Registered Number	10648680 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		376,560		434,290
			376,560		434,290
Current assets
Debtors		798,722		720,561
Cash at bank and on hand		37,596		92,477
		836,318		813,038
Creditors amounts falling due within one year	4	(638,148)		(848,451)
Net current assets (liabilities)			198,170		(35,413)
Total assets less current liabilities			574,730		398,877
Creditors amounts falling due after one year	5		(555,400)		(348,497)
Provisions for liabilities	7		-		(5,860)
Net assets			19,330		44,520
Capital and reserves
Called up share capital			4,000		4,000
Profit and loss account			15,330		40,520
Shareholders' funds			19,330		44,520

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 9 September 2025, and are signed on its behalf by:

DYSON, Robert Stephen
Director
Registered Company No. 10648680

RSD SITE RECRUIT LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Land & buildings	Vehicles	Total
	£	£	£
Cost or valuation
At 01 January 24	11,030	516,975	528,005
At 31 December 24	11,030	516,975	528,005
Depreciation and impairment
At 01 January 24	3,306	90,409	93,715
Charge for year	1,544	56,186	57,730
At 31 December 24	4,850	146,595	151,445
Net book value
At 31 December 24	6,180	370,380	376,560
At 31 December 23	7,724	426,566	434,290

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	720	-
Bank borrowings and overdrafts	10,648	10,648
Amounts owed to related parties	70,590	271,271
Taxation and social security	136,555	151,237
Finance lease and HP contracts	65,375	65,375
Other creditors	354,260	349,920
Total	638,148	848,451

5.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	254,390	15,981
Other creditors	301,010	332,516
Total	555,400	348,497

6.	Obligations under finance leases

		2024		2023
		£		£
	Finance lease and HP contracts	366,385		397,890

7.	Provisions for liabilities

	2024	2023
	£	£
Net deferred tax liability (asset)	-	5,860
Total	-	5,860