Rhino Lifting Limited - Accounts to registrar (filleted) - small 18.2
Rhino Lifting Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
RHINO LIFTING LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2019 |
RHINO LIFTING LIMITED (REGISTERED NUMBER: 08310973) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2019 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
RHINO LIFTING LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 JULY 2019 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Elfed House |
Oak Tree Court |
Cardiff Gate Business Park |
CARDIFF |
County of Cardiff |
CF23 8RS |
RHINO LIFTING LIMITED (REGISTERED NUMBER: 08310973) |
BALANCE SHEET |
31 JULY 2019 |
2019 | 2018 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered. |
The financial statements were approved for issue by the director on |
RHINO LIFTING LIMITED (REGISTERED NUMBER: 08310973) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2019 |
1. | STATUTORY INFORMATION |
Rhino Lifting Limited is a |
registered number and registered office address can be found on the Company Information page. |
The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to |
the nearest pound. |
The significant accounting policies applied in the presentation of these financial statements are set out below. |
These policies have been consistently applied to all years presented unless otherwise stated. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
There have been no material departures from Financial Reporting Standard 102 1A. |
Turnover |
Turnover represents amounts invoiced during the year in respect of supplying, hiring, testing and manufacturing |
of steel wire, rope slings and general lifting equipment, exclusive of Value Added Tax. |
Tangible fixed assets |
Website development | - |
Current taxation |
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and |
is calculated using the tax rates and laws that have been enacted or substantively enacted at 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. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling |
at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2018 - NIL). |
RHINO LIFTING LIMITED (REGISTERED NUMBER: 08310973) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 JULY 2019 |
4. | TANGIBLE FIXED ASSETS |
Website |
development |
£ |
COST |
At 1 August 2018 |
and 31 July 2019 |
DEPRECIATION |
At 1 August 2018 |
Charge for year |
At 31 July 2019 |
NET BOOK VALUE |
At 31 July 2019 |
At 31 July 2018 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
VAT |
Deferred tax asset |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Corporation tax |
VAT | - | 1,842 |
Accruals and deferred income |