RBW Management Services Ltd - Accounts to registrar (filleted) - small 23.2.5

RBW Management Services Ltd - Accounts to registrar (filleted) - small 23.2.5

RBW MANAGEMENT SERVICES LTD - Company Information

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REGISTERED NUMBER: 11401437 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

RBW MANAGEMENT SERVICES LTD
RBW MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 11401437)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


RBW MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 11401437)

BALANCE SHEET
30 JUNE 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 206 448

CURRENT ASSETS
Debtors 5 3,400 8,017
Cash at bank 14 88
3,414 8,105
CREDITORS
Amounts falling due within one year 6 7,744 7,919
NET CURRENT (LIABILITIES)/ASSETS (4,330 ) 186
TOTAL ASSETS LESS CURRENT
LIABILITIES
(4,124
)
634

CREDITORS
Amounts falling due after more than one
year
7
3,833
5,833
NET LIABILITIES (7,957 ) (5,199 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (8,057 ) (5,299 )
SHAREHOLDERS' FUNDS (7,957 ) (5,199 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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 notes form part of these financial statements

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RBW MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 11401437)

BALANCE SHEET - continued
30 JUNE 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 March 2024 and were signed by:





G A Aston - Director


The notes form part of these financial statements

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RBW MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 11401437)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

RBW Management Services Ltd is a private company, limited by shares, registered in England and Wales, registered number 11401437. Its registered office is Admiral House, Waterfront East, Brierly Hill, West Midlands, DY5 1XG.

The financial statements are presented in Sterling, which is the functional currency of the company.

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.

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.
Plant and machinery etc - 33% on cost

Financial instruments
Basic financial liabilities, including trade and other debtors and creditors, bank loans and other loans are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts or payments discounted at a market rate of interest.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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RBW MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 11401437)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The accounts have been drawn up on the going concern basis. The company's ongoing activities are dependent upon the continued financial support of its director, who has undertaken that this support will be given for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets as current assets.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022
and 30 June 2023 4,790
DEPRECIATION
At 1 July 2022 4,342
Charge for year 242
At 30 June 2023 4,584
NET BOOK VALUE
At 30 June 2023 206
At 30 June 2022 448

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors - 4,617
Other debtors 3,400 3,400
3,400 8,017

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RBW MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 11401437)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 2,000 2,000
Trade creditors 4,887 396
Taxation and social security 350 4,000
Other creditors 507 1,523
7,744 7,919

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans 3,833 5,833

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £2,000 (2022 - £2,000) were paid to the director .

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