Company Registration No. 07864087 (England and Wales)
R P Compliance Testing Limited
Unaudited accounts
for the year ended 31 December 2024
R P Compliance Testing Limited
Unaudited accounts
Contents
R P Compliance Testing Limited
Company Information
for the year ended 31 December 2024
Company Number
07864087 (England and Wales)
Registered Office
4 Hiltons Lane
Wiggenhall St Germans
King's Lynn
Norfolk
PE34 3EZ
England
Accountants
M C Mallett Accountants Ltd
4 Hiltons Lane
Wiggenhall St Germans
King's Lynn
Norfolk
PE34 3EZ
R P Compliance Testing Limited
Statement of financial position
as at 31 December 2024
Tangible assets
29,888
51,628
Cash at bank and in hand
-
8
Creditors: amounts falling due within one year
(68,006)
(54,820)
Net current liabilities
(65,546)
(48,790)
Total assets less current liabilities
(35,658)
2,838
Creditors: amounts falling due after more than one year
(74,238)
(94,229)
Net liabilities
(109,896)
(91,391)
Called up share capital
100
100
Profit and loss account
(109,996)
(91,491)
Shareholders' funds
(109,896)
(91,391)
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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 29 September 2025 and were signed on its behalf by
Mrs R H Piggott
Director
Company Registration No. 07864087
R P Compliance Testing Limited
Notes to the Accounts
for the year ended 31 December 2024
R P Compliance Testing Limited is a private company, limited by shares, registered in England and Wales, registration number 07864087. The registered office is 4 Hiltons Lane, Wiggenhall St Germans, King's Lynn, Norfolk, PE34 3EZ, England.
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.
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.
The accounts have been prepared under the historical cost convention
.
Intangible fixed assets are included at cost less accumulated amortisation.
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:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
As at the Balance Sheet date the company's liabilities exceeded it's assets by £109,896.
Of the company liabilities however, an amount of £94,758 is actually owed to the company Director. The Director has provided assurances that this debt will not be required to be repaid until the company has sufficient liquidity to be able to do so.
The Director has taken measures to significantly reduce costs, in an attempt to return the company to profitability, and post Balance Sheet figures suggest that this is proving successful.
In view of the above the accounts have been prepared on a Going Concern basis.
R P Compliance Testing Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Intangible fixed assets
Total
5
Tangible fixed assets
Total
At 31 December 2024
70,781
Charge for the year
11,111
At 31 December 2024
40,893
At 31 December 2024
29,888
At 31 December 2023
51,628
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
19,065
42,547
6
Operating lease commitments
2024
2023
At 31 December 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
6,096
2,973
Later than one year and not later than five years
32,002
14,122
7
Average number of employees
During the year the average number of employees was 3 (2023: 4).