R W Hill Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09050238 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2018

FOR

R W HILL LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

R W Hill

REGISTERED OFFICE:

61 Morris Way

London Colney

St Albans

Hertfordshire

AL2 1JN

REGISTERED NUMBER:

09050238 (England and Wales)

ACCOUNTANTS:

AKS Accounting Services Limited

Chartered Certified Accountants

11 Alsop Close

London Colney

St Albans

Hertfordshire

AL2 1BW

FIXED ASSETS

Tangible assets

4

-

429

CURRENT ASSETS

Debtors

5

5,000

5,000

Cash at bank

2

2,371

5,002

7,371

CREDITORS

Amounts falling due within one year

6

3,471

5,640

NET CURRENT ASSETS

1,531

1,731

TOTAL ASSETS LESS CURRENT LIABILITIES

1,531

2,160

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

1,431

2,060

SHAREHOLDERS' FUNDS

1,531

2,160

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 25th February 2019 and were signed by:

R W Hill - Director

1.	STATUTORY INFORMATION

R W Hill Ltd 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.

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 represents the net invoiced value of services rendered, excluding value added tax.

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

-

50% on cost

Fixtures and fittings

-

50% on cost

Computer and Equipment

-

50% on cost

Taxation

Taxation for the year 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Computer

Plant and

and

and

machinery

fittings

Equipment

Totals

£

£

£

£

COST

At 1st June 2017

and 31st May 2018

1,212

375

1,252

2,839

DEPRECIATION

At 1st June 2017

1,066

375

969

2,410

Charge for year

146

-

283

429

At 31st May 2018

1,212

375

1,252

2,839

NET BOOK VALUE

At 31st May 2018

-

-

-

-

At 31st May 2017

146

-

283

429

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

5,000

5,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Taxation and social security

-

5,182

Other creditors

3,471

458

3,471

5,640

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R W Hill.