RHINO CIVILS LIMITED - Filleted accounts

Registered number

13494588

RHINO CIVILS LIMITED

Filleted Accounts

31 July 2025

RHINO CIVILS LIMITED
Registered number:		13494588
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		233,961			258,538

Current assets
Stocks		608,375			294,375
Debtors	4	533,724			156,092
Cash at bank and in hand		23,821			45,246
		1,165,920			495,713

Creditors: amounts falling due within one year	5	(544,673)			(191,733)

Net current assets			621,247			303,980

Total assets less current liabilities			855,208			562,518

Creditors: amounts falling due after more than one year	6		(508,500)			(336,040)

Provisions for liabilities			(44,880)			(57,576)


Net assets			301,828			168,902

Capital and reserves
Called up share capital			2			2
Profit and loss account			301,826			168,900

Shareholders' funds			301,828			168,902

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J. Crofts
Director
Approved by the board on 17 April 2026

RHINO CIVILS LIMITED
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	15% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Group accounts
	The company is part of a small group. The group has taken advantage of the exemption provided by section 398 of the Companies Act 2006 and has not prepared group accounts.



2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		9		9


3	Tangible fixed assets
					Plant and machinery
£
	Cost
	At 1 August 2024				279,196
	Additions				16,710
	At 31 July 2025				295,906

	Depreciation
	At 1 August 2024				20,658
	Charge for the year				41,287
	At 31 July 2025				61,945

	Net book value
	At 31 July 2025				233,961
	At 31 July 2024				258,538


4	Debtors		2025		2024
£				£

	Trade debtors		498,405		138,942
	Other debtors		35,319		17,150
			533,724		156,092


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Loans and overdrafts		151,760		35,207
	Obligations under finance lease and hire purchase contracts		39,100		32,175
	Trade creditors		170,095		116,942
	Directors loan account		31,900		4,801
	Corporation Tax		39,639		-
	Taxation and social security costs		118,413		(19,517)
	Value Added Tax		(16,411)		(7,718)
	Other creditors		10,177		29,843
			544,673		191,733


6	Creditors: amounts falling due after one year		2025		2024
£				£

	Loans		375,433		163,871
	Obligations under finance lease and hire purchase contracts		133,067		172,169
			508,500		336,040


7	Loans		2025		2024
£				£
	Creditors include:

	Loans		64,771		-
	Obligations under finance lease and hire purchase contracts		172,167		204,344
	Other creditors		-		-
			236,938		204,344

	Monies owed under hire purchase agreements are secured upon the assets covered by the agreement. Loans are secured by fixed and floating charges over the company property.


8	Other information

	RHINO CIVILS LIMITED is a private company limited by shares and incorporated in England.
	Unit 1 Hallam Fields Road
	Ilkeston
	DE7 4AZ