R One Investment Limited Filleted accounts for Companies House (small and micro)
R One Investment Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
10035411
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Statement of Financial Position |
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2019 |
2018 |
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Note |
£ |
£ |
£ |
Fixed assets
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Tangible assets |
5 |
– |
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Investments |
6 |
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Current assets
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Debtors |
7 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
8 |
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Net current liabilities |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
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Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
9 August 2019
, and are signed on behalf of the board by:
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Director |
Company registration number:
10035411
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Notes to the Financial Statements |
Year ended 31 March 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 9 River View Court, Cardiff, CF5 2QJ, Wales.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Fixtures and fittings |
- |
Depreciated over 3 years |
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Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2018:
2
).
5.
Tangible assets
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Fixtures and fittings |
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£ |
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Cost |
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At 1 April 2018 and 31 March 2019 |
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------- |
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Depreciation |
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At 1 April 2018 |
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Charge for the year |
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------- |
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At 31 March 2019 |
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Carrying amount |
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At 31 March 2019 |
– |
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At 31 March 2018 |
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------- |
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6.
Investments
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Other investments other than loans |
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£ |
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Cost |
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At 1 April 2018 |
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Additions |
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At 31 March 2019 |
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Impairment |
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At 1 April 2018 and 31 March 2019 |
– |
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Carrying amount |
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At 31 March 2019 |
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At 31 March 2018 |
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7.
Debtors
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2019 |
2018 |
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£ |
£ |
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Trade debtors |
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– |
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Other debtors |
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-------- |
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-------- |
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8.
Creditors:
amounts falling due within one year
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2019 |
2018 |
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£ |
£ |
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Corporation tax |
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Other creditors |
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