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Registered number: 12366837
RC Contractors Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Ascot Sinclair Associates Ltd
Chartered Certified Accountants
Avondale House
262 Uxbridge Road
Hatch End
Middlesex
HA5 4HS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12366837
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,838 5,118
3,838 5,118
CURRENT ASSETS
Debtors 5 15,124 10,234
Cash at bank and in hand 457 2,258
15,581 12,492
Creditors: Amounts Falling Due Within One Year 6 (1,854 ) (1,854 )
NET CURRENT ASSETS (LIABILITIES) 13,727 10,638
TOTAL ASSETS LESS CURRENT LIABILITIES 17,565 15,756
Creditors: Amounts Falling Due After More Than One Year 7 (25,693 ) (28,011 )
NET LIABILITIES (8,128 ) (12,255 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (8,129 ) (12,256 )
SHAREHOLDERS' FUNDS (8,128) (12,255)
Page 1
Page 2
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Robert Cretu
Director
31/12/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
RC Contractors Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12366837 . The registered office is Avondale House, 262 Uxbridge Road, Hatch End, Middlesex, HA5 4HS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balane
Motor Vehicles 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: 1)
- 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 January 2024 1,444 7,500 8,944
As at 31 December 2024 1,444 7,500 8,944
Depreciation
As at 1 January 2024 545 3,281 3,826
Provided during the period 225 1,055 1,280
As at 31 December 2024 770 4,336 5,106
Net Book Value
As at 31 December 2024 674 3,164 3,838
As at 1 January 2024 899 4,219 5,118
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other taxes and social security 5,216 2,477
Director's loan account 9,908 7,757
15,124 10,234
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 894 894
Accruals and deferred income 960 960
1,854 1,854
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - BBL 25,693 28,011
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Robert Cretu 7,757 2,151 - - 9,908
The above loan is unsecured, not interest free and repayable on demand.
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