RVS Engineering (2008) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06719531

RVS Engineering (2008) Limited

Filleted Unaudited Financial Statements

31 May 2025

RVS Engineering (2008) Limited

Statement of Financial Position

31 May 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	27,341	24,168

Current assets

Stocks		102,543	101,026
Debtors	6	479,664	402,051
Cash at bank and in hand		61,667	100,234
		---------	---------
		643,874	603,311

Creditors: amounts falling due within one year	7	444,241	421,108
		---------	---------
Net current assets		199,633	182,203
		---------	---------
Total assets less current liabilities		226,974	206,371

Creditors: amounts falling due after more than one year	8	2,021	12,235
		---------	---------
Net assets		224,953	194,136
		---------	---------

Capital and reserves

Called up share capital	9	1	1
Profit and loss account		224,952	194,135
		---------	---------
Shareholders funds		224,953	194,136
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

RVS Engineering (2008) Limited

Statement of Financial Position (continued)

31 May 2025

These financial statements were approved by the board of directors and authorised for issue on 18 December 2025 , and are signed on behalf of the board by:

Mr JC Mathias

Director

Company registration number: 06719531

RVS Engineering (2008) Limited

Notes to the Financial Statements

Year ended 31 May 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Parcau Isaf Farm, Laleston, Bridgend, CF32 0NB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% straight line
Fixtures and fittings	-	20% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 15 (2024: 14 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Total
	£	£	£
Cost
At 1 June 2024	123,520	39,365	162,885
Additions	10,844	–	10,844
	---------	--------	---------
At 31 May 2025	134,364	39,365	173,729
	---------	--------	---------
Depreciation
At 1 June 2024	109,947	28,770	138,717
Charge for the year	5,133	2,538	7,671
	---------	--------	---------
At 31 May 2025	115,080	31,308	146,388
	---------	--------	---------
Carrying amount
At 31 May 2025	19,284	8,057	27,341
	---------	--------	---------
At 31 May 2024	13,573	10,595	24,168
	---------	--------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	420,477	342,648
Other debtors	59,187	59,403
	---------	---------
	479,664	402,051
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,214	10,214
Trade creditors	159,767	149,628
Corporation tax	10,524	11,469
Social security and other taxes	71,531	60,817
Other creditors	192,205	188,980
	---------	---------
	444,241	421,108
	---------	---------

Included within trade and other creditors is debt secured by fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, uncalled capital, buildings, fixtures, fixed plant and machinery.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	2,021	12,235
	-------	--------

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	1	1	1	1
	----	----	----	----