R C & S Plant Limited - Abbreviated accounts 16.3

R C & S Plant Limited - Abbreviated accounts 16.3

SOUTHS FARMING LIMITED - Company Information

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REGISTERED NUMBER: 06711654 (England and Wales)
















R C & S PLANT LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016






R C & S PLANT LIMITED (REGISTERED NUMBER: 06711654)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Chartered Accountants' Report 6

R C & S PLANT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2016







DIRECTORS: R C South
Mrs S A South





SECRETARY: Mrs S A South





REGISTERED OFFICE: 18 Northgate
Sleaford
Lincolnshire
NG34 7BJ





REGISTERED NUMBER: 06711654 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
18 Northgate
Sleaford
Lincolnshire
NG34 7BJ
Page 1
R C & S PLANT LIMITED (REGISTERED NUMBER: 06711654)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - -
Tangible assets 3 5,684 7,079
5,684 7,079

CURRENT ASSETS
Debtors 9,737 14,058
Cash at bank 2,652 4,153
12,389 18,211
CREDITORS
Amounts falling due within one year 934 1,501
NET CURRENT ASSETS 11,455 16,710
TOTAL ASSETS LESS CURRENT LIABILITIES 17,139 23,789

PROVISIONS FOR LIABILITIES 478 612
NET ASSETS 16,661 23,177

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 16,561 23,077
SHAREHOLDERS' FUNDS 16,661 23,177

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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 notes form part of these abbreviated accounts

Page 2 continued...
R C & S PLANT LIMITED (REGISTERED NUMBER: 06711654)

ABBREVIATED BALANCE SHEET - continued
30 SEPTEMBER 2016


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 30 June 2017 and were signed on its behalf by:





R C South - Director


The notes form part of these abbreviated accounts

Page 3
R C & S PLANT LIMITED (REGISTERED NUMBER: 06711654)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements 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 hire of machinery net of value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of five years.

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 - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2015
and 30 September 2016 2,000
AMORTISATION
At 1 October 2015
and 30 September 2016 2,000
NET BOOK VALUE

At 30 September 2016 -
At 30 September 2015 -

Page 4 continued...
R C & S PLANT LIMITED (REGISTERED NUMBER: 06711654)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2015
and 30 September 2016 24,650
DEPRECIATION
At 1 October 2015 17,571
Charge for year 1,395
At 30 September 2016 18,966
NET BOOK VALUE
At 30 September 2016 5,684
At 30 September 2015 7,079

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2016 and
30 September 2015:

2016 2015
£    £   
R C South
Balance outstanding at start of year 4,565 2,025
Amounts advanced - 4,605
Amounts repaid (5,000 ) (2,065 )
Balance outstanding at end of year (435 ) 4,565

Interest on overdrawn directors' loan accounts is charged at the official rate.

Page 5
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
R C & S PLANT LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have
been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of R C & S Plant Limited for the year ended 30 September 2016 which comprise the Profit and
Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information
and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of R C & S Plant Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of R C & S Plant Limited and state those matters that we have agreed to state to the Board of Directors of R C & S Plant Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R C & S Plant Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that R C & S Plant Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of R C & S Plant Limited. You consider that R C & S Plant Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of R C & S Plant Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Duncan & Toplis Limited
18 Northgate
Sleaford
Lincolnshire
NG34 7BJ


Date: .............................................

This page does not form part of the abbreviated accounts

Page 6