Red Point Cleaning Service Limited Small abridged accounts
Red Point Cleaning Service Limited Small abridged accounts
STATEMENT OF CONSENT TO PREPARE ABRIDGED FINANCIAL STATEMENTS |
COMPANY REGISTRATION NUMBER:
10053766
|
|
|
|
ABRIDGED FINANCIAL STATEMENTS |
PERIOD ENDED 31 MARCH 2017
CONTENTS |
PAGE |
Chartered accountants report to the board of directors on the preparation of the unaudited statutory abridged financial statements |
1 |
Abridged statement of financial position |
2 |
Statement of changes in equity |
4 |
Notes to the abridged financial statements |
5 |
|
CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ABRIDGED FINANCIAL STATEMENTS OF
|
PERIOD ENDED 31 MARCH 2017
Onega House
112 Main Road
Sidcup
Kent
DA14 6NE
|
ABRIDGED STATEMENT OF FINANCIAL POSITION |
2017 |
||
Note |
£ |
£ |
FIXED ASSETS
Tangible assets |
4 |
|
|
CURRENT ASSETS
Debtors |
|
|
Cash at bank and in hand |
|
|
-------- |
||
|
||
CREDITORS: amounts falling due within one year |
|
|
---------- |
||
NET CURRENT LIABILITIES |
|
|
---------- |
||
TOTAL ASSETS LESS CURRENT LIABILITIES |
(
|
|
---------- |
||
NET LIABILITIES |
(
|
|
---------- |
||
|
ABRIDGED STATEMENT OF FINANCIAL POSITION (continued) |
2017 |
||
Note |
£ |
£ |
CAPITAL AND RESERVES
Called up share capital |
|
|
Profit and loss account |
(
|
|
---------- |
||
MEMBERS DEFICIT |
(
|
|
---------- |
||
In accordance with section 444 of the Companies Act 2006, the abridged income statement has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the period in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
These abridged financial statements were approved by the
board of directors
and authorised for issue on
19 September 2017
, and are signed on behalf of the board by:
|
Director |
Company registration number:
10053766
|
STATEMENT OF CHANGES IN EQUITY |
PERIOD ENDED 31 MARCH 2017
Called up share capital |
Profit and loss account |
Total |
|
£ |
£ |
£ |
|
AT 1 APRIL 2016 |
– |
– |
– |
Loss for the period |
(
|
(
|
|
----- |
---------- |
---------- |
|
TOTAL COMPREHENSIVE INCOME FOR THE PERIOD |
– |
(
|
(
|
Issue of shares |
|
– |
|
----- |
----- |
----- |
|
TOTAL INVESTMENTS BY AND DISTRIBUTIONS TO OWNERS |
|
– |
|
----- |
---------- |
---------- |
|
AT 31 MARCH 2017 |
|
(
|
(
|
----- |
---------- |
---------- |
|
|
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS |
PERIOD ENDED 31 MARCH 2017
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Onega House, 112 Main Road, Sidcup, Kent, DA14 6NE, United Kingdom.
2.
STATEMENT OF COMPLIANCE
3.
ACCOUNTING POLICIES
Basis of preparation
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 April 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 7.
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:
Plant and machinery |
- |
|
|
Fixtures and fittings |
- |
|
|
Motor vehicles |
- |
|
|
Equipment |
- |
|
|
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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
4.
TANGIBLE ASSETS
£ |
|
Cost |
|
Additions |
|
-------- |
|
At 31 March 2017 |
|
-------- |
|
Depreciation |
|
Charge for the period |
|
-------- |
|
At 31 March 2017 |
|
-------- |
|
Carrying amount |
|
At 31 March 2017 |
3,578 |
-------- |
|
5.
DIRECTORS' ADVANCES, CREDITS AND GUARANTEES
During the year the directors entered into no advances or credits with the company.
6.
RELATED PARTY TRANSACTIONS
The company was under the control of
R Nagy
and V Kondeva throughout the current period. R Nagy
and V Kondeva are both managing directors and equal shareholders.
7.
TRANSITION TO FRS 102
These are the first abridged financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 April 2015.
No transitional adjustments were required in equity or profit or loss for the year.