Redeploy Technologies Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC527657 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2017 TO 31 MAY 2018

FOR

REDEPLOY TECHNOLOGIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A J Hunt

REGISTERED OFFICE:

6th Floor 145 St Vincent Street

Glasgow

G2 5JF

REGISTERED NUMBER:

SC527657 (Scotland)

ACCOUNTANTS:

Hilton Sharp & Clarke

Chartered Accountants

30 New Road

Brighton

East Sussex

BN1 1BN

CURRENT ASSETS

Stocks

4

6,000

5,138

Debtors

5

253,613

323,400

Cash at bank

106,696

24,243

366,309

352,781

CREDITORS

Amounts falling due within one year

6

317,446

362,808

NET CURRENT ASSETS/(LIABILITIES)

48,863

(10,027

)

TOTAL ASSETS LESS CURRENT LIABILITIES

48,863

(10,027

)

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

48,861

(10,029

)

SHAREHOLDERS' FUNDS

48,863

(10,027

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 27 February 2019 and were signed by:

K L Inch - Director

1.	STATUTORY INFORMATION

Redeploy Technologies Limited is a private company, limited by shares , registered in Scotland. The company's registered

number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2017 - 3 ) .

4.

STOCKS

2018

2017

£

£

Stocks

6,000

5,138

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

214,405

296,693

VAT

38,009

26,707

Prepayments

1,199

-

253,613

323,400

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

127,150

143,415

Tax

13,814

-

Social security and other taxes

674

2,502

Other creditors

257

3,157

Directors' current accounts

155,752

155,752

Accrued expenses

19,799

57,982

317,446

362,808

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

2

Ordinary

1

2

2