RG Engineering Consultancy Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 08658095 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2017

for

RG Engineering Consultancy Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

5

DIRECTOR:

R Goddard

REGISTERED OFFICE:

33 Folkestone Drive

Corby

Northamptonshire

NN18 8GZ

REGISTERED NUMBER:

08658095 (England and Wales)

ACCOUNTANTS:

Kempton Accountancy Services Limited

29 Kempton Close

Corby

Northamptonshire

NN18 8QY

FIXED ASSETS

Tangible assets

4

445

594

CURRENT ASSETS

Cash at bank

9,958

9,984

CREDITORS

Amounts falling due within one year

5

8,846

10,337

NET CURRENT ASSETS/(LIABILITIES)

1,112

(353

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,557

241

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1,556

240

SHAREHOLDERS' FUNDS

1,557

241

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 3 November 2017 and were signed by:

R Goddard - Director

1.	STATUTORY INFORMATION

RG Engineering Consultancy Ltd is a private company, limited by shares , registered in England and Wales. 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 September 2016

and 31 August 2017

793

DEPRECIATION

At 1 September 2016

199

Charge for year

149

At 31 August 2017

348

NET BOOK VALUE

At 31 August 2017

445

At 31 August 2016

594

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.17

31.8.16

£

£

Trade creditors

1

-

Tax

7,659

7,648

VAT

-

1,032

Directors' current accounts

606

1,157

Accrued expenses

580

500

8,846

10,337

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year Mr R Goddard, the director of the company, operated a directors current account with the

company. At the year end there was a credit balance on the account of £606 (2016 credit £1,157)

The directors current account is interest free, unsecured and repayable upon demand. There have been various

transactions with the director during the year in the form of a directors current account. Information disclosed is

therefore given in an aggregated form.

7.	RELATED PARTY DISCLOSURES

During the year Mr R Goddard, the director of the company, received dividends amounting to £30,000 (2016

£31,000).

The following reproduces the text of the report prepared for the director and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other

primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Kempton Accountancy Services Limited

29 Kempton Close

Corby

Northamptonshire

NN18 8QY

3 November 2017