RF Safety Services Limited - Accounts to registrar (filleted) - small 18.2

RF Safety Services Limited - Accounts to registrar (filleted) - small 18.2

RF SAFETY SERVICES LIMITED - Company Information

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REGISTERED NUMBER: 08729989 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2020

FOR

RF SAFETY SERVICES LIMITED
RF SAFETY SERVICES LIMITED (REGISTERED NUMBER: 08729989)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

RF SAFETY SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2020







DIRECTOR: R Foster





REGISTERED OFFICE: 45 Queen Street
Deal
Kent
CT14 6EY





REGISTERED NUMBER: 08729989 (England and Wales)





ACCOUNTANTS: Higson APS Limited
45 Queen Street
Deal
Kent
CT14 6EY
Page 1
RF SAFETY SERVICES LIMITED (REGISTERED NUMBER: 08729989)

BALANCE SHEET
31 OCTOBER 2020

2020 2019
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 472 88

CURRENT ASSETS
Stocks 5 1,523 -
Debtors 6 6,577 3,252
Cash at bank 4,717 4,886
12,817 8,138
CREDITORS
Amounts falling due within one year 7 4,379 3,829
NET CURRENT ASSETS 8,438 4,309
TOTAL ASSETS LESS CURRENT
LIABILITIES
8,910
4,397

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 8,810 4,297
SHAREHOLDERS' FUNDS 8,910 4,397

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2020 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 30 July 2021 and were signed by:





R Foster - Director


The notes form part of these financial statements

Page 2
RF SAFETY SERVICES LIMITED (REGISTERED NUMBER: 08729989)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2020

1. STATUTORY INFORMATION

RF Safety Services Limited 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.

The Financial Statements are presented in round pounds Sterling £

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Turnover is gross invoiced sale, which is recognised when the service provided is complete.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on cost
Computer equipment - 33% on cost

It is the policy of the Company to capitalise items with a useful economic life in excess of three years and for amounts in excess of £150.
The Company reviews the Tangible Fixed Assets for impairment annually.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Page 3 continued...
RF SAFETY SERVICES LIMITED (REGISTERED NUMBER: 08729989)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2020

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 November 2019 - 485 485
Additions 229 254 483
At 31 October 2020 229 739 968
DEPRECIATION
At 1 November 2019 - 397 397
Charge for year 13 86 99
At 31 October 2020 13 483 496
NET BOOK VALUE
At 31 October 2020 216 256 472
At 31 October 2019 - 88 88

5. STOCKS
2020 2019
£    £   
Work-in-progress 1,523 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Trade debtors 2,222 1,437
Directors current account 3,732 1,815
Tax 623 -
6,577 3,252

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Trade creditors 180 -
Tax 2,282 1,323
Shareholder loan 1,167 1,750
Accrued expenses 750 756
4,379 3,829

Page 4 continued...
RF SAFETY SERVICES LIMITED (REGISTERED NUMBER: 08729989)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2020

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2020 2019
value: £    £   
100 Ordinary £1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Directors Current Account
A Member of Key Management Personnel - Director

The following Directors loans subsisted within the year;

During the year the Company advanced the Director £6,779 (2019: £7,079)
During the year the Director repaid the Company £4,862 (2019: £4,957)
As at 31 Oct 2020 the Director owed the Company £3,732 (2019: £1,815).

The loan is interest free and repayable upon demand.

Page 5
RF SAFETY SERVICES LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
RF SAFETY SERVICES LIMITED

The following reproduces the text of the report prepared for the director 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 October 2020 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.






Higson APS Limited
45 Queen Street
Deal
Kent
CT14 6EY


30 July 2021

This page does not form part of the statutory financial statements

Page 6