Rps Collections Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC511067 (Scotland)

Unaudited Financial Statements for the Year Ended 31 July 2020

for

Rps Collections Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms L Melville

G R Walker

REGISTERED OFFICE:

Suite 4f, Ingram House

227 Ingram Street

Glasgow

G1 1DA

REGISTERED NUMBER:

SC511067 (Scotland)

ACCOUNTANTS:

Key Professional Partnership Ltd

Suite 4f, Ingram House

227 Ingram Street

Glasgow

G1 1DA

FIXED ASSETS

Tangible assets

4

365,459

365,459

CURRENT ASSETS

Debtors

5

8,140

8,140

Cash at bank

3,439

3,439

11,579

11,579

CREDITORS

Amounts falling due within one year

6

526,426

524,026

NET CURRENT LIABILITIES

(514,847

)

(512,447

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(149,388

)

(146,988

)

CAPITAL AND RESERVES

Called up share capital

100

2,500

Retained earnings

(149,488

)

(149,488

)

SHAREHOLDERS' FUNDS

(149,388

)

(146,988

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2021 and were signed on its behalf by:

G R Walker - Director

1.	STATUTORY INFORMATION

Rps Collections Ltd is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2019

and 31 July 2020

365,459

NET BOOK VALUE

At 31 July 2020

365,459

At 31 July 2019

365,459

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.20

31.7.19

£

£

Other debtors

8,140

8,140

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.20

31.7.19

£

£

Trade creditors

97,079

97,079

Taxation and social security

(26

)

(26

)

Other creditors

429,373

426,973

526,426

524,026