Rlb Developments (Scotland) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC444241 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Rlb Developments (Scotland) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs L Boyle

REGISTERED OFFICE:

Unit 3

KPP Chartered Accountants Morris Park

37 Rosyth Road

Glasgow

G5 0YE

REGISTERED NUMBER:

SC444241 (Scotland)

ACCOUNTANTS:

Key Professional Partnership Ltd

Unit 3

Morris Park

37 Rosyth Road

Glasgow

G5 0YE

FIXED ASSETS

Tangible assets

4

71,220

76,834

CURRENT ASSETS

Debtors

5

34,309

27,434

Cash at bank and in hand

45,880

130,964

80,189

158,398

CREDITORS

Amounts falling due within one year

6

75,278

60,573

NET CURRENT ASSETS

4,911

97,825

TOTAL ASSETS LESS CURRENT
LIABILITIES

76,131

174,659

CREDITORS

Amounts falling due after more than one
year

7

48,612

61,514

NET ASSETS

27,519

113,145

CAPITAL AND RESERVES

Called up share capital

100

Revaluation reserve

25,000

Retained earnings

2,419

88,045

SHAREHOLDERS' FUNDS

27,519

113,145

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 May 2026 and were signed by:

Mrs L Boyle - Director

1.	STATUTORY INFORMATION

Rlb Developments (Scotland) Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on cost

Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses.

Government grants

Government grants are recognised at fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

Government grants in relating to turnover are recognised as income over the periods when the related costs are incurred

Grants relating to an asset are recognised in income systematically over the assets expected useful life. If part of such a grant is deferred it is recognised as deferred income rather than being deducted from the assets carrying amount.

Financial instruments

Basic financial instruments are recognised as follows:

(i) Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivables are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using effective interest method less any impairment.

(ii) Cash and cash equivalents

Cash and cash equivalents include cash at bank and in hand.

Cash and cash equivalents are shown net of bank overdrafts, which are included as current borrowings in liabilities on the balance sheet.

(iii) Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST OR VALUATION

At 1 April 2024

75,000

2,001

77,001

Additions

30,000

-

30,000

Disposals

(35,114

)

-

(35,114

)

At 31 March 2025

69,886

2,001

71,887

DEPRECIATION

At 1 April 2024

-

167

Charge for year

-

500

At 31 March 2025

-

667

NET BOOK VALUE

At 31 March 2025

69,886

1,334

71,220

At 31 March 2024

75,000

1,834

76,834

Cost or valuation at 31 March 2025 is represented by:

Land and

buildings

£

Valuation in 2025

69,886

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other debtors

34,309

27,434

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

4,559

5,592

Trade creditors

-

200

Taxation and social security

67,183

53,582

Other creditors

3,536

1,199

75,278

60,573

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans

22,512

26,164

Other creditors

26,100

35,350

48,612

61,514