RPLS Limited - Period Ending 2016-03-31

RPLS Limited - Period Ending 2016-03-31


RPLS Limited04861115falsetrue2015-04-012016-03-312016-03-31048611152015-04-012016-03-31048611152016-03-3104861115uk-bus:OrdinaryShareClass12016-03-3104861115uk-bus:Director12015-04-012016-03-3104861115uk-bus:OrdinaryShareClass12015-04-012016-03-3104861115uk-gaap:OfficeEquipment2015-04-012016-03-31048611152015-03-31048611152015-03-3104861115uk-bus:OrdinaryShareClass12015-03-31iso4217:GBPxbrli:shares

Registration number: 04861115

RPLS Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

 

RPLS Limited
Contents

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2 to 3

 

RPLS Limited
(Registration number: 04861115)
Abbreviated Balance Sheet at 31 March 2016

 

Note

   

2016
£

   

2015
£

 

Fixed assets

 

   

   

 

Tangible fixed assets

 

2

   

419

   

762

 

Current assets

 

   

   

 

Debtors

 

   

11,204

   

8,184

 

Cash at bank and in hand

 

   

99,595

   

102,038

 

 

   

110,799

   

110,222

 

Creditors: Amounts falling due within one year

 

   

(23,322)

   

(25,992)

 

Net current assets

 

   

87,477

   

84,230

 

Net assets

 

   

87,896

   

84,992

 

Capital and reserves

 

   

   

 

Called up share capital

 

3

   

1

   

1

 

Profit and loss account

 

   

87,895

   

84,991

 

Shareholders' funds

 

   

87,896

   

84,992

 

For the year ending 31 March 2016 the company was entitled to exemption 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 director acknowledges his 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 .

Approved by the director on 8 August 2016

.........................................
John Ridge
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

 

RPLS Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Office equipment

25% reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

 

RPLS Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

2

Fixed assets

 

Tangible assets
£

   

Total
£

 

Cost

 

   

 

At 1 April 2015

 

2,982

   

2,982

 

Disposals

 

(2,236)

   

(2,236)

 

At 31 March 2016

 

746

   

746

 

Depreciation

 

   

 

At 1 April 2015

 

2,220

   

2,220

 

Charge for the year

 

140

   

140

 

Eliminated on disposals

 

(2,033)

   

(2,033)

 

At 31 March 2016

 

327

   

327

 

Net book value

 

   

 

At 31 March 2016

 

419

   

419

 

At 31 March 2015

 

762

   

762

 

3

Share capital

Allotted, called up and fully paid shares

 

2016

2015

   

No.

   

£

   

No.

   

£

 

Ordinary of £1 each

 

1

   

1

   

1

   

1