Company Registration No. NI639308 (Northern Ireland)
RFK Associates Limited
Unaudited accounts
for the year ended 30 June 2020
RFK Associates Limited
Unaudited accounts
Contents
RFK Associates Limited
Company Information
for the year ended 30 June 2020
Director
Robert William Nesbitt
Company Number
NI639308 (Northern Ireland)
Registered Office
Unit 2 Channel Wharf
21 Old Channel Road
Belfast
BT3 9DE
United Kingdom
Accountants
PGR Chartered Accountants
Unit 2 Channel Wharf
21 Old Channel Road
Belfast
Antrim
BT3 9DE
RFK Associates Limited
Statement of financial position
as at 30 June 2020
Cash at bank and in hand
54,884
11,861
Creditors: amounts falling due within one year
(49,653)
(16,904)
Net current assets/(liabilities)
8,809
(167)
Called up share capital
100
100
Profit and loss account
8,719
-
Shareholders' funds
8,819
100
For the year ending 30 June 2020 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.
The financial statements were approved by the Board and authorised for issue on 9 December 2020 and were signed on its behalf by
Robert William Nesbitt
Director
Company Registration No. NI639308
RFK Associates Limited
Notes to the Accounts
for the year ended 30 June 2020
RFK Associates Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI639308. The registered office is Unit 2 Channel Wharf, 21 Old Channel Road, Belfast, BT3 9DE, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates (33% straight line) in order to write off the assets over their estimated useful lives: Depreciation
Fixtures & fittings
33% Straight line
4
Tangible fixed assets
Plant & machinery
RFK Associates Limited
Notes to the Accounts
for the year ended 30 June 2020
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
12,253
3,952
Loans from directors
31,496
9,604
7
Average number of employees
During the year the average number of employees was 1 (2019: 1).