RWB Building Solutions Ltd - Filleted accounts

Registered number

09901777

RWB Building Solutions Ltd

Unaudited Filleted Accounts

31 December 2024

RWB Building Solutions Ltd
Registered number:		09901777
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	4		89,145			57,850

Current assets
Stocks		10,000			-
Debtors	5	118,181			134,416
Cash at bank and in hand		324,624			140,227
		452,805			274,643

Creditors: amounts falling due within one year	6	(200,976)			(152,087)

Net current assets			251,829			122,556

Total assets less current liabilities			340,974			180,406

Creditors: amounts falling due after more than one year	7		(6,998)			(17,273)

Provisions for liabilities			(22,286)			(14,462)

Net assets			311,690			148,671

Capital and reserves
Called up share capital			60			60
Profit and loss account			311,630			148,611

Shareholders' funds			311,690			148,671

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr L L Barletta
Director
Approved by the board on 30/09/2025.

RWB Building Solutions Ltd
Notes to the Accounts
for the year ended 31 December 2024


1	Statutory information

	RWB Building Solutions Ltd is a private company, limited by shares, registered in England and Wales.

	The company's registered number and registered office address are as below:

	Registered number:			09901777

	Registered office:			The Grange
				Upsall Road
				South Kilvington
				YO7 2NF

	The presentation currency of the financial statements is the Pound Sterling, which is the functional currency of the company, rounded to the nearest £1.


2	Accounting policies

	Basis of preparation
	These financial statements have been prepared in accordance with the 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 as modified by the revaluation of certain assets.

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold improvements			Over the life of the lease of 3 years
	Plant, machinery and equipment			33% straight line / 25% reducing balance
	Motor vehicles			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.


2	Accounting policies (continued)

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. 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.

	Leased assets
	Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


3	Employees					2024		2023
Number							Number

	Average number of persons employed by the company					7		7


4	Tangible fixed assets
		Leasehold improvements		Plant, machinery and equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2024	1,223		16,293		85,672		103,188
	Additions	2,203		15,675		35,500		53,378
	Disposals	-		(4,676)		(12,669)		(17,345)
	At 31 December 2024	3,426		27,292		108,503		139,221

	Depreciation
	At 1 January 2024	215		11,823		33,300		45,338
	Charge for the year	836		4,146		15,417		20,399
	On disposals	-		(4,422)		(11,239)		(15,661)
	At 31 December 2024	1,051		11,547		37,478		50,076

	Net book value
	At 31 December 2024	2,375		15,745		71,025		89,145
	At 31 December 2023	1,008		4,470		52,372		57,850


5	Debtors					2024		2023
£							£

	Trade debtors					32,561		102,780
	Prepayments and accrued income					47,173		28,233
	Other debtors					38,447		3,403
						118,181		134,416


6	Creditors: amounts falling due within one year					2024		2023
£							£

	Bank loans and overdrafts					10,275		10,057
	Trade creditors					38,191		48,547
	Accruals and deferred income					6,536		-
	Amounts owed to group undertakings					464		5,298
	Directors' current accounts					357		909
	Taxation and social security costs					140,535		84,037
	Other creditors					4,618		3,239
						200,976		152,087


7	Creditors: amounts falling due after one year					2024		2023
£							£

	Bank loans					6,998		17,273


8	Related party transactions

	During the year £139,582 (2023: £137,516) was advanced from and £140,134 (2023: £137,453) was repaid to the directors. An amount of £357 (2023: £909) remained due to the directors at the year end.