RJH Construction Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04134642 (England and Wales)

Financial Statements for the Year Ended 31 May 2018

for

RJH Construction Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R J Hodson

REGISTERED OFFICE:

Unit 6

Heritage Business Centre

Derby Road

Belper

Derbyshire

DE56 1SW

REGISTERED NUMBER:

04134642 (England and Wales)

FIXED ASSETS

Tangible assets

4

479

639

CURRENT ASSETS

Stocks

87,499

-

Debtors

5

8,765

186,618

Cash at bank

105,353

3,501

201,617

190,119

CREDITORS

Amounts falling due within one year

6

26,557

8,613

NET CURRENT ASSETS

175,060

181,506

TOTAL ASSETS LESS CURRENT LIABILITIES

175,539

182,145

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

175,439

182,045

SHAREHOLDERS' FUNDS

175,539

182,145

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 28 February 2019 and were signed by:

R J Hodson - Director

1.	STATUTORY INFORMATION

RJH Construction Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

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 each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Taxation

Taxation for the year 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet 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 year 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 year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 June 2017

and 31 May 2018

48,000

28,755

76,755

DEPRECIATION

At 1 June 2017

48,000

28,116

76,116

Charge for year

-

160

160

At 31 May 2018

48,000

28,276

76,276

NET BOOK VALUE

At 31 May 2018

-

479

479

At 31 May 2017

-

639

639

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

£

£

Trade debtors

8,765

94,786

Other debtors

-

91,832

8,765

186,618

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

£

£

Taxation and social security

7,345

7,418

Other creditors

19,212

1,195

26,557

8,613

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the director introduced funds to and withdrew funds from the company by way of a director's

loan account. At the year end the company owed the director £18,252 and this amount is included in creditors.