1 January 2024 false No description of principal activity Taxfiler 2024.6 12292249business:PrivateLimitedCompanyLtd2024-01-012024-12-31 122922492023-12-31 122922492024-01-012024-12-31 12292249business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 12292249business:FilletedAccounts2024-01-012024-12-31 122922492024-12-31 12292249business:Director12024-01-012024-12-31 12292249business:RegisteredOffice2024-01-012024-12-31 122922492023-12-31 12292249core:WithinOneYear2024-12-31 12292249core:WithinOneYear2023-12-31 12292249core:AfterOneYear2024-12-31 12292249core:AfterOneYear2023-12-31 12292249core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 12292249core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 12292249core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 12292249core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 12292249core:PreviouslyStatedAmount2024-12-31 12292249core:PreviouslyStatedAmount2023-12-31 12292249business:SmallEntities2024-01-012024-12-31 12292249countries:EnglandWales2024-01-012024-12-31 12292249core:LandBuildings2024-01-012024-12-31 12292249core:PlantMachinery2024-01-012024-12-31 12292249core:FurnitureFittings2024-01-012024-12-31 12292249core:LandBuildings2023-12-31 12292249core:FurnitureFittings2023-12-31 12292249core:LandBuildings2024-12-31 12292249core:FurnitureFittings2024-12-31 12292249core:FurnitureFittingscore:LeasedAssetsHeldAsLessee2024-12-31 12292249core:FurnitureFittingscore:LeasedAssetsHeldAsLessee2023-12-31 12292249business:OrdinaryShareClass12024-01-012024-12-31 12292249business:OrdinaryShareClass12023-01-012023-12-31 122922492023-01-012023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12292249 (England and Wales)
RSGD (NEWCASTLE) LIMITED Unaudited accounts for the year ended 31 December 2024
RSGD (NEWCASTLE) LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
RSGD (NEWCASTLE) LIMITED Company Information for the year ended 31 December 2024
Director
Vipul Sharma
Company Number
12292249 (England and Wales)
Registered Office
Unit 47 Basepoint Centre Dartford Business Park, Victoria Road Dartford Kent DA1 5FS United Kingdom
- 3 -
RSGD (NEWCASTLE) LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
366,069 
314,150 
Current assets
Inventories
24,691 
20,250 
Debtors
5
793,119 
475,117 
Cash at bank and in hand
73,036 
175,358 
890,846 
670,725 
Creditors: amounts falling due within one year
6
(1,037,049)
(967,748)
Net current liabilities
(146,203)
(297,023)
Total assets less current liabilities
219,866 
17,127 
Creditors: amounts falling due after more than one year
7
(39,561)
(59,425)
Net assets/(liabilities)
180,305 
(42,298)
Capital and reserves
Called up share capital
8
100 
100 
Profit and loss account
180,205 
(42,398)
Shareholders' funds
180,305 
(42,298)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 April 2025 and were signed on its behalf by
Vipul Sharma Director Company Registration No. 12292249
- 4 -
RSGD (NEWCASTLE) LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
RSGD (NEWCASTLE) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12292249. The registered office is Unit 47 Basepoint Centre , Dartford Business Park, Victoria Road, Dartford, Kent, DA1 5FS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
15 Years
Plant & machinery
20 % Reducing Balance
Fixtures & fittings
20 % Reducing Balance
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
116,200 
348,142 
464,342 
Additions
108,000 
1,027 
109,027 
At 31 December 2024
224,200 
349,169 
573,369 
Depreciation
At 1 January 2024
17,431 
132,761 
150,192 
Charge for the year
14,163 
42,945 
57,108 
At 31 December 2024
31,594 
175,706 
207,300 
Net book value
At 31 December 2024
192,606 
173,463 
366,069 
At 31 December 2023
98,769 
215,381 
314,150 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Fixtures & fittings
56,346 
70,432 
- 5 -
RSGD (NEWCASTLE) LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,593 
2,190 
Amounts due from group undertakings etc.
674,174 
446,860 
Accrued income and prepayments
32,857 
23,056 
Other debtors
70,495 
3,011 
793,119 
475,117 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
19,864 
18,653 
Trade creditors
86,085 
216,367 
Amounts owed to group undertakings and other participating interests
576,990 
590,000 
Taxes and social security
71,087 
71,381 
Other creditors
279,273 
67,597 
Accruals
3,750 
3,750 
1,037,049 
967,748 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
39,561 
59,425 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Controlling party
The parent and ultimate controlling company is RSGD Holding 2 Ltd
10
Average number of employees
During the year the average number of employees was 23 (2023: 25).
- 6 -