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Registered number: 08313558
R&B Installations Lifts Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2025
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 08313558
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 53,073 44,899
53,073 44,899
CURRENT ASSETS
Debtors 5 194,473 55,541
Cash at bank and in hand 1,015,879 949,105
1,210,352 1,004,646
Creditors: Amounts Falling Due Within One Year 6 (150,432 ) (152,106 )
NET CURRENT ASSETS (LIABILITIES) 1,059,920 852,540
TOTAL ASSETS LESS CURRENT LIABILITIES 1,112,993 897,439
NET ASSETS 1,112,993 897,439
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account 1,111,993 896,439
SHAREHOLDERS' FUNDS 1,112,993 897,439
Page 1
Page 2
For the year ending 30 November 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 directors acknowledge their 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 Jose Antonio Rodriguez Benitez
Director
21/08/2026
The notes on pages 4 to 6 form part of these financial statements.
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Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 December 2023 1,000 769,631 770,631
Profit for the year and total comprehensive income - 126,808 126,808
As at 30 November 2024 and 1 December 2024 1,000 896,439 897,439
Profit for the year and total comprehensive income - 325,554 325,554
Dividends paid - (110,000) (110,000)
As at 30 November 2025 1,000 1,111,993 1,112,993
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Page 4
Notes to the Financial Statements
1. General Information
R&B Installations Lifts Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08313558 . The registered office is 19, The Circle, Queen Elizabeth Street, London, SE1 2JE.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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:
Motor Vehicles 20% Straight Line Method
Office Equipment 25% Straight Line Method
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 4)
5 4
4. Tangible Assets
Motor Vehicles Office Equipment Total
£ £ £
Cost
As at 1 December 2024 98,387 4,060 102,447
Additions 22,856 604 23,460
As at 30 November 2025 121,243 4,664 125,907
Depreciation
As at 1 December 2024 53,836 3,712 57,548
Provided during the period 15,178 108 15,286
As at 30 November 2025 69,014 3,820 72,834
Net Book Value
As at 30 November 2025 52,229 844 53,073
As at 1 December 2024 44,551 348 44,899
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 186,795 47,170
Prepayments and accrued income 2,877 3,309
Deposit 600 -
VAT 4,201 5,062
194,473 55,541
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 23,447 65,778
Corporation tax 103,688 42,596
Other taxes and social security 1,626 2,139
Net wages 8,773 8,554
CIS Liability 3,626 23,870
Pension Fund 455 858
Accruals and deferred income 99 -
Directors' loan accounts 8,718 8,311
150,432 152,106
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7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
8. Directors Advances, Credits and Guarantees
Included within creditors are the following loans to directors:
As at 1 December 2024 Amounts advanced Amounts repaid Amounts written off As at 30 November 2025
£ £ £ £ £
Mr Jose Antonio Rodriguez Benitez 8,311 407 - - 8,718
The above loan is unsecured, interest free and repayable on demand.
9. Controlling Party
The company's controlling party are Mr Jose Antonio Rodriguez Benitez & Mr Bartolome Miguel Rodriguez Benitez by virtue of their ownership of more than 25% but not more than 50% of the issued share capital in the company.
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