118 Rescue and Recovery Ltd


1 June 2017falseNo description of principal activityTaxfiler2018.19.Web10761652business:PrivateLimitedCompanyLtd2017-06-012018-05-31107616522017-05-31107616522017-06-012018-05-3110761652business:AuditExemptWithAccountantsReport2017-06-012018-05-3110761652business:FullAccounts2017-06-012018-05-31107616522018-05-3110761652business:Director12017-06-012018-05-3110761652business:RegisteredOffice2017-06-012018-05-3110761652core:WithinOneYear2018-05-3110761652core:ShareCapital2018-05-3110761652core:RetainedEarningsAccumulatedLosses2018-05-3110761652business:SmallEntities2017-06-012018-05-3110761652countries:EnglandWales2017-06-012018-05-3110761652core:MotorVehicles2017-06-012018-05-3110761652core:ComputerEquipment2017-06-012018-05-3110761652core:MotorVehicles2017-05-3110761652core:ComputerEquipment2017-05-3110761652core:MotorVehicles2018-05-3110761652core:ComputerEquipment2018-05-31iso4217:GBPxbrli:pure
Company Registration No. 10761652 (England and Wales)
118 Rescue and Recovery LtdUnaudited accounts for the year ended 31 May 2018
118 Rescue and Recovery LtdUnaudited accounts Contents
Page
- 2 -
118 Rescue and Recovery Ltd Company Information for the year ended 31 May 2018
Director
D May
Company Number
10761652 (England and Wales)
Registered Office
THE CORNER HOUSE4 BEAUMONT ROADCHURCH STRETTONSY6 6BN UNITED KINGDOM
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
- 3 -
118 Rescue and Recovery Ltd Statement of financial position as at 31 May 2018
2018 
Notes
£ 
Fixed assets
Tangible assets
59,858 
Current assets
Debtors
13,985 
Cash at bank and in hand
44,563 
58,548 
Creditors: amounts falling due within one year
(47,953)
Net current assets
10,595 
Total assets less current liabilities
70,453 
Provisions for liabilities
Deferred tax
(11,373)
Net assets
59,080 
Capital and reserves
Called up share capital
1 
Profit and loss account
59,079 
Shareholders' funds
59,080 
For the year ending 31 May 2018 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 8 February 2019.
D May Director Company Registration No. 10761652
- 4 -
118 Rescue and Recovery Ltd Notes to the Accounts for the year ended 31 May 2018
1
Statutory information
118 Rescue and Recovery Ltd is a private company, limited by shares, registered in England and Wales, registration number 10761652. The registered office is THE CORNER HOUSE, 4 BEAUMONT ROAD, CHURCH STRETTON, SY6 6BN, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% per annum reducing balance
Computer equipment
33% per annum on cost
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2017
- 
- 
- 
Additions
79,275 
600 
79,875 
At 31 May 2018
79,275 
600 
79,875 
Depreciation
Charge for the year
19,819 
198 
20,017 
At 31 May 2018
19,819 
198 
20,017 
Net book value
At 31 May 2018
59,456 
402 
59,858 
5
Debtors
2018 
£ 
Trade debtors
13,985 
- 5 -
118 Rescue and Recovery Ltd Notes to the Accounts for the year ended 31 May 2018
6
Creditors: amounts falling due within one year
2018 
£ 
Taxes and social security
46,265 
Loans from directors
763 
Accruals
925 
47,953 
7
Average number of employees
During the year the average number of employees was 1.
- 6 -