Company Registration No. 11675028 (England and Wales)
R C Finishers Ltd
Unaudited accounts
for the year ended 31 March 2025
R C Finishers Ltd
Unaudited accounts
Contents
R C Finishers Ltd
Company Information
for the year ended 31 March 2025
Director
Richard Cartwright
Company Number
11675028 (England and Wales)
Registered Office
College Brook
Moreton
Thame
Oxfordshire
OX9 2HY
England
Accountants
Crescent Accountancy Solutions Ltd
17 Black Bourton Road
Carterton
Oxfordshire
OX18 3HQ
R C Finishers Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
17,201
5,385
Cash at bank and in hand
2,884
4,397
Creditors: amounts falling due within one year
(98,637)
(3,981)
Net current assets
13,306
26,942
Total assets less current liabilities
30,507
32,327
Creditors: amounts falling due after more than one year
30,377
23,850
Called up share capital
10
10
Profit and loss account
60,874
56,167
Shareholders' funds
60,884
56,177
For the year ending 31 March 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 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 14 August 2025 and were signed on its behalf by
Richard Cartwright
Director
Company Registration No. 11675028
R C Finishers Ltd
Notes to the Accounts
for the year ended 31 March 2025
R C Finishers Ltd is a private company, limited by shares, registered in England and Wales, registration number 11675028. The registered office is College Brook, Moreton, Thame, Oxfordshire, OX9 2HY, 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 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:
Computer equipment
33% SLM
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
8,584
15,821
1,506
25,911
Additions
-
15,690
149
15,839
At 31 March 2025
8,584
31,511
1,655
41,750
At 1 April 2024
7,906
11,244
1,376
20,526
Charge for the year
432
3,433
158
4,023
At 31 March 2025
8,338
14,677
1,534
24,549
At 31 March 2025
246
16,834
121
17,201
At 31 March 2024
678
4,577
130
5,385
R C Finishers Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Amounts due from group undertakings etc.
3,366
3,366
Other debtors
103,957
22,123
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
(906)
(248)
Obligations under finance leases and hire purchase contracts
22,246
23,000
Trade creditors
2,718
2,172
Taxes and social security
64,932
45,080
Loans from directors
3,782
(71,432)
7
Creditors: amounts falling due after more than one year
2025
2024
Taxes and social security
(30,377)
(23,850)
8
Transactions with related parties
At year end, the director Mr Richard Cartwright owed the sum of £85,984 to the company. (FY:2024 - £71,432).
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).