RPS DRAINAGE SERVICES LIMITED

RPS DRAINAGE SERVICES LIMITED - Company Information

2019-10-012020-09-302020-09-30false04485248RPS DRAINAGE SERVICES LIMITED2021-06-0439000iso4217:GBPxbrli:pure044852482019-10-01044852482020-09-30044852482019-10-012020-09-30044852482018-10-01044852482019-09-30044852482018-10-012019-09-3004485248bus:SmallEntities2019-10-012020-09-3004485248bus:AuditExempt-NoAccountantsReport2019-10-012020-09-3004485248bus:AbridgedAccounts2019-10-012020-09-3004485248bus:PrivateLimitedCompanyLtd2019-10-012020-09-3004485248core:WithinOneYear2020-09-3004485248core:AfterOneYear2020-09-3004485248core:WithinOneYear2019-09-3004485248core:AfterOneYear2019-09-3004485248core:ShareCapital2020-09-3004485248core:SharePremium2020-09-3004485248core:RevaluationReserve2020-09-3004485248core:OtherReservesSubtotal2020-09-3004485248core:RetainedEarningsAccumulatedLosses2020-09-3004485248core:ShareCapital2019-09-3004485248core:SharePremium2019-09-3004485248core:RevaluationReserve2019-09-3004485248core:OtherReservesSubtotal2019-09-3004485248core:RetainedEarningsAccumulatedLosses2019-09-3004485248core:LandBuildings2020-09-3004485248core:PlantMachinery2020-09-3004485248core:Vehicles2020-09-3004485248core:FurnitureFittings2020-09-3004485248core:OfficeEquipment2020-09-3004485248core:NetGoodwill2020-09-3004485248core:IntangibleAssetsOtherThanGoodwill2020-09-3004485248core:ListedExchangeTraded2020-09-3004485248core:UnlistedNon-exchangeTraded2020-09-3004485248core:LandBuildings2019-09-3004485248core:PlantMachinery2019-09-3004485248core:Vehicles2019-09-3004485248core:FurnitureFittings2019-09-3004485248core:OfficeEquipment2019-09-3004485248core:NetGoodwill2019-09-3004485248core:IntangibleAssetsOtherThanGoodwill2019-09-3004485248core:ListedExchangeTraded2019-09-3004485248core:UnlistedNon-exchangeTraded2019-09-3004485248core:LandBuildings2019-10-012020-09-3004485248core:PlantMachinery2019-10-012020-09-3004485248core:Vehicles2019-10-012020-09-3004485248core:FurnitureFittings2019-10-012020-09-3004485248core:OfficeEquipment2019-10-012020-09-3004485248core:NetGoodwill2019-10-012020-09-3004485248core:IntangibleAssetsOtherThanGoodwill2019-10-012020-09-3004485248core:ListedExchangeTraded2019-10-012020-09-3004485248core:UnlistedNon-exchangeTraded2019-10-012020-09-3004485248core:MoreThanFiveYears2019-10-012020-09-3004485248core:Non-currentFinancialInstruments2020-09-3004485248core:Non-currentFinancialInstruments2019-09-3004485248dpl:CostSales2019-10-012020-09-3004485248dpl:DistributionCosts2019-10-012020-09-3004485248dpl:AdministrativeExpenses2019-10-012020-09-3004485248core:LandBuildings2019-10-012020-09-3004485248core:PlantMachinery2019-10-012020-09-3004485248core:Vehicles2019-10-012020-09-3004485248core:FurnitureFittings2019-10-012020-09-3004485248core:OfficeEquipment2019-10-012020-09-3004485248core:NetGoodwill2019-10-012020-09-3004485248core:IntangibleAssetsOtherThanGoodwill2019-10-012020-09-3004485248dpl:GroupUndertakings2019-10-012020-09-3004485248dpl:ParticipatingInterests2019-10-012020-09-3004485248dpl:GroupUndertakingscore:ListedExchangeTraded2019-10-012020-09-3004485248core:ListedExchangeTraded2019-10-012020-09-3004485248dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2019-10-012020-09-3004485248core:UnlistedNon-exchangeTraded2019-10-012020-09-3004485248dpl:CostSales2018-10-012019-09-3004485248dpl:DistributionCosts2018-10-012019-09-3004485248dpl:AdministrativeExpenses2018-10-012019-09-3004485248core:LandBuildings2018-10-012019-09-3004485248core:PlantMachinery2018-10-012019-09-3004485248core:Vehicles2018-10-012019-09-3004485248core:FurnitureFittings2018-10-012019-09-3004485248core:OfficeEquipment2018-10-012019-09-3004485248core:NetGoodwill2018-10-012019-09-3004485248core:IntangibleAssetsOtherThanGoodwill2018-10-012019-09-3004485248dpl:GroupUndertakings2018-10-012019-09-3004485248dpl:ParticipatingInterests2018-10-012019-09-3004485248dpl:GroupUndertakingscore:ListedExchangeTraded2018-10-012019-09-3004485248core:ListedExchangeTraded2018-10-012019-09-3004485248dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2018-10-012019-09-3004485248core:UnlistedNon-exchangeTraded2018-10-012019-09-3004485248core:NetGoodwill2020-09-3004485248core:IntangibleAssetsOtherThanGoodwill2020-09-3004485248core:LandBuildings2020-09-3004485248core:PlantMachinery2020-09-3004485248core:Vehicles2020-09-3004485248core:FurnitureFittings2020-09-3004485248core:OfficeEquipment2020-09-3004485248core:AfterOneYear2020-09-3004485248core:WithinOneYear2020-09-3004485248core:ListedExchangeTraded2020-09-3004485248core:UnlistedNon-exchangeTraded2020-09-3004485248core:ShareCapital2020-09-3004485248core:SharePremium2020-09-3004485248core:RevaluationReserve2020-09-3004485248core:OtherReservesSubtotal2020-09-3004485248core:RetainedEarningsAccumulatedLosses2020-09-3004485248core:NetGoodwill2019-09-3004485248core:IntangibleAssetsOtherThanGoodwill2019-09-3004485248core:LandBuildings2019-09-3004485248core:PlantMachinery2019-09-3004485248core:Vehicles2019-09-3004485248core:FurnitureFittings2019-09-3004485248core:OfficeEquipment2019-09-3004485248core:AfterOneYear2019-09-3004485248core:WithinOneYear2019-09-3004485248core:L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Registered Number
04485248
(England and Wales)

Unaudited Financial Statements for the Year Ended
30 September 2020

RPS DRAINAGE SERVICES LIMITED

Company Information
for the year from 1 October 2019 to 30 September 2020


Directors	CHANDLER, Mark
	TURNER, Philip James


Registered Address	19 Cavendish Mews
	Aldershot
	GU11 3EH


Registered Number	04485248 (England and Wales)

RPS DRAINAGE SERVICES LIMITED

Balance Sheet as at
30 September 2020

	Notes	2020		2019
		£	£	£	£
Fixed assets
Tangible assets	6		101,389		68,407
			101,389		68,407
Current assets
Debtors	7	597,796		764,780
Cash at bank and on hand		14,667		6,538
		612,463		771,318
Creditors amounts falling due within one year	8	(623,671)		(820,987)
Net current assets (liabilities)			(11,208)		(49,669)
Total assets less current liabilities			90,181		18,738
Creditors amounts falling due after one year			(70,319)		-
Provisions for liabilities			(18,692)		(12,997)
Net assets			1,170		5,741
Capital and reserves
Called up share capital			20		2
Profit and loss account			1,150		5,739
Shareholders' funds			1,170		5,741

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 4 June 2021, and are signed on its behalf by:

CHANDLER, Mark
Director
Registered Company No. 04485248

RPS DRAINAGE SERVICES LIMITED

Notes to the Financial Statements
for the year ended 30 September 2020

1.	STATUTORY INFORMATION
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	COMPLIANCE WITH APPLICABLE REPORTING FRAMEWORK
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	ACCOUNTING POLICIES

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Reducing balance (%)	Straight line (years)
Plant and machinery	-	10
Fixtures and fittings	-	10
Vehicles	25	-

	Intangible assets policy
	Intangible assets are amortised over the expected life of the asset

	Revenue recognition policy
	Turnover represents amounts receivable for services net of VAT and trade discounts. Revenue from contracts is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. 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.

Revenue recognition policy

Turnover represents amounts receivable for services net of VAT and trade discounts.

Revenue from contracts is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. 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.

	Deferred tax policy
	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. Current and deferred tax assets and liabilities are not discounted.

Deferred tax policy

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. Current and deferred tax assets and liabilities are not discounted.

	Leases policy
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Employee benefits policy
	Contributions to defined contribution plans are expensed in the period to which they relate.

4.	EMPLOYEE INFORMATION

		2020		2019
	Average number of employees during the year	29		29

5.	INTANGIBLE ASSETS

		Total £
	Cost or valuation
	At 01 October 19	50,000
	At 30 September 20	50,000
	Amortisation and impairment
	At 01 October 19	50,000
	At 30 September 20	50,000
	Net book value
	At 30 September 19	-

6.	PROPERTY, PLANT AND EQUIPMENT

		Total £
	Cost or valuation
	At 01 October 19	185,884
	Additions	57,950
	Disposals	(116,650)
	At 30 September 20	127,184
	Depreciation and impairment
	At 01 October 19	117,476
	Charge for year	17,974
	On disposals	(109,655)
	At 30 September 20	25,796
	Net book value
	At 30 September 20	101,389
	At 30 September 19	68,407

7.	DEBTORS

	2020 £	2019 £
Trade debtors / trade receivables	549,899	704,107
Other debtors	47,897	60,673
Total	597,796	764,780

8.	CREDITORS WITHIN ONE YEAR

	2020 £	2019 £
Trade creditors / trade payables	196,171	327,652
Bank borrowings and overdrafts	213,948	356,879
Taxation and social security	162,776	127,607
Finance lease and HP contracts	5,840	-
Other creditors	44,936	8,849
Total	623,671	820,987