RPLS Limited - Period Ending 2016-03-31

RPLS Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016

RPLS Limited
Contents

Abbreviated Balance Sheet

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.

Page 2

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

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