Rce Consulting Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05886959 (England and Wales)

Rce Consulting Ltd

Unaudited Financial Statements for the Year Ended 31 July 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Jones

SECRETARY:

Mrs C J Jones

REGISTERED OFFICE:

53 York Street

Heywood

Lancashire

OL10 4NR

REGISTERED NUMBER:

05886959 (England and Wales)

FIXED ASSETS

Tangible assets

4

370

493

CURRENT ASSETS

Debtors

5

9,028

4,972

Cash at bank

794

7,214

9,822

12,186

CREDITORS

Amounts falling due within one year

6

9,795

10,749

NET CURRENT ASSETS

27

1,437

TOTAL ASSETS LESS CURRENT LIABILITIES

397

1,930

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

396

1,929

SHAREHOLDERS' FUNDS

397

1,930

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 30 April 2019 and were signed by:

A Jones - Director

1.	STATUTORY INFORMATION

Rce Consulting 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 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.

Fixtures and fittings

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2017

and 31 July 2018

1,168

DEPRECIATION

At 1 August 2017

675

Charge for year

123

At 31 July 2018

798

NET BOOK VALUE

At 31 July 2018

370

At 31 July 2017

493

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.18

31.7.17

£

£

Trade debtors

-

980

Other debtors

3,992

3,992

Directors' current accounts

5,036

-

9,028

4,972

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.18

31.7.17

£

£

Trade creditors

-

210

Tax

6,193

7,768

Nest Pension Creditor

139

-

VAT

2,987

1,327

Directors' current accounts

-

1,444

Accrued expenses

476

-

9,795

10,749

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.18

31.7.17

value:

£

£

1

Oridnary

£1

1

1

8.

RESERVES

Retained

earnings

£

At 1 August 2017

1,929

Profit for the year

25,467

Dividends

(27,000

)

At 31 July 2018

396