REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 23 DECEMBER 2021 TO 31 DECEMBER 2022 |
FOR |
RS DEVELOPMENTS YORKSHIRE LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 23 DECEMBER 2021 TO 31 DECEMBER 2022 |
FOR |
RS DEVELOPMENTS YORKSHIRE LTD |
RS DEVELOPMENTS YORKSHIRE LTD (REGISTERED NUMBER: 13816607) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 23 DECEMBER 2021 TO 31 DECEMBER 2022 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
RS DEVELOPMENTS YORKSHIRE LTD |
COMPANY INFORMATION |
FOR THE PERIOD 23 DECEMBER 2021 TO 31 DECEMBER 2022 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Highdale Cottage |
217 Barnsley Road |
Denby Dale |
Huddersfield |
West Yorkshire |
HD8 8TS |
RS DEVELOPMENTS YORKSHIRE LTD (REGISTERED NUMBER: 13816607) |
STATEMENT OF FINANCIAL POSITION |
31 DECEMBER 2022 |
Notes | £ |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
( |
) |
The director acknowledges his 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. |
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 |
RS DEVELOPMENTS YORKSHIRE LTD (REGISTERED NUMBER: 13816607) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 23 DECEMBER 2021 TO 31 DECEMBER 2022 |
1. | STATUTORY INFORMATION |
RS Developments Yorkshire Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. |
Turnover |
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred 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 statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
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. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
RS DEVELOPMENTS YORKSHIRE LTD (REGISTERED NUMBER: 13816607) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 23 DECEMBER 2021 TO 31 DECEMBER 2022 |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Taxation and social security |
Other creditors |
5. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
£ |
Within one year |
6. | RELATED PARTY DISCLOSURES |
At the year end the company has an interest free loan of £2057.76 (2021: £NIL) due to its directors. |
7. | GOING CONCERN |
These financial statements are prepared on the going concern basis. The director has a reasonable expectation that the company will continue in operational existence for the foreseeable future. Part of the company's major liability relates to the directors' loan account. The director has given an undertaking to support the company until it returns to a net assets position. |