Registration number: 15632451

RCW Drylining Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

RCW Drylining Ltd

(Registration number: 15632451)
Balance Sheet as at 31 March 2025

	Note	2025 £
Fixed assets
Tangible assets	4	367
Current assets
Debtors	5	20,672
Cash at bank and in hand		1,533
		22,205
Creditors: Amounts falling due within one year	6	(19,690)
Net current assets		2,515
Total assets less current liabilities		2,882
Provisions for liabilities		(92)
Net assets		2,790
Capital and reserves
Called up share capital		1
Retained earnings		2,789
Shareholders' funds		2,790

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 4 December 2025
 

......................................... R Stevens Director

RCW Drylining Ltd

Notes to the Unaudited Financial Statements for the Period from 10 April 2024 to 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
9 Elizabeth Road
Durrington
Salisbury
Wiltshire
SP4 8EQ

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of rebates and discounts.

Tax

The tax expense for the period comprises current and deferred tax, and is recognised in profit or loss.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements, and 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.

RCW Drylining Ltd

Notes to the Unaudited Financial Statements for the Period from 10 April 2024 to 31 March 2025

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% per annum on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business, and are recognised initially at the transaction price.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

RCW Drylining Ltd

Notes to the Unaudited Financial Statements for the Period from 10 April 2024 to 31 March 2025

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
Additions	490	490
At 31 March 2025	490	490
Depreciation
Charge for the period	123	123
At 31 March 2025	123	123
Net book value
At 31 March 2025	367	367

5

Debtors

	2025 £
Trade debtors	6,616
Other debtors	14,056
	20,672

6

Creditors

Amounts falling due within one year

	2025 £
Due within one year
Taxation and social security	9,811
Accruals and deferred income	3,252
Other creditors	6,627
	19,690