Regional Forecasts Limited Filleted accounts for Companies House (small and micro)

Regional Forecasts Limited Filleted accounts for Companies House (small and micro)


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COMPANY REGISTRATION NUMBER: NI046726
Regional Forecasts Limited
Filleted Unaudited Financial Statements
For the year ended
31 July 2018
Regional Forecasts Limited
Statement of Financial Position
31 July 2018
2018
2017
Note
£
£
£
Creditors: amounts falling due within one year
4
( 101)
( 101)
----
----
Net current assets
101
101
----
----
Total assets less current liabilities
101
101
----
----
Capital and reserves
Called up share capital
101
101
----
----
Shareholders funds
101
101
----
----
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 31 July 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 11 March 2019 , and are signed on behalf of the board by:
Mr J Walker
Director
Company registration number: NI046726
Regional Forecasts Limited
Notes to the Financial Statements
Year ended 31 July 2018
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Lagan House, Sackville Street, Lisburn, BT27 4AB.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic or Ireland'.
3. Accounting policies
(a) Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
(b) Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Creditors: amounts falling due within one year
2018
2017
£
£
Other creditors
( 101)
( 101)
----
----
5. Related party transactions
At 31 July 2018, £ 101 (2017: £ 101 ) remains owing from Oxford Economics Limited. This represents the maximum balance in the year, and is included within other debtors.
6. Controlling party
The company was under the control of Oxford Economics Limited throughout the year. The ultimate controlling party is Mr J Walker , a director and majority shareholder in Oxford Economics Limited.