Company Registration No. 14837243 (England and Wales)
R & R Building and Renovations Ltd
Unaudited accounts
for the year ended 31 May 2025
R & R Building and Renovations Ltd
Unaudited accounts
Contents
R & R Building and Renovations Ltd
Company Information
for the year ended 31 May 2025
Directors
Leo Stuart
Thomas Richmond
Company Number
14837243 (England and Wales)
Registered Office
Bullock Lodge
Caring Lane
Maidstone
Kent
ME17 1SG
United Kingdom
Accountants
Rustrick Accountants Limited
380A New Hythe lane
Larkfield
Maidstone
Kent
ME20 6RZ
R & R Building and Renovations Ltd
Statement of financial position
as at 31 May 2025
Cash at bank and in hand
25,396
31,550
Creditors: amounts falling due within one year
(22,414)
(19,364)
Net current assets
8,193
15,873
Profit and loss account
9,207
16,301
Shareholders' funds
9,207
16,301
For the year ending 31 May 2025 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 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 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 of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
Leo Stuart
Director
Company Registration No. 14837243
R & R Building and Renovations Ltd
Notes to the Accounts
for the year ended 31 May 2025
R & R Building and Renovations Ltd is a private company, limited by shares, registered in England and Wales, registration number 14837243. The registered office is Bullock Lodge, Caring Lane, Maidstone, Kent, ME17 1SG, 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.
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 as modified by the revaluation of certain fixed assets.
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
25% Reducing Balance
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Other tangible fixed assets
25% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
R & R Building and Renovations Ltd
Notes to the Accounts
for the year ended 31 May 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 May 2025
870
624
1,494
Charge for the year
182
156
338
At 31 May 2025
324
156
480
At 31 May 2025
546
468
1,014
Amounts falling due within one year
Accrued income and prepayments
591
1,000
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
16,679
14,467
Loans from directors
200
-
R & R Building and Renovations Ltd
Notes to the Accounts
for the year ended 31 May 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
25
6,160
-
6,185
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).