RBA 2011 Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07719371 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2017 TO 31 MARCH 2018

FOR

RBA 2011 LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G K Oakes

REGISTERED OFFICE:

JRB Accountancy Ltd

Mansfield i-Centre

Hamilton Way

Mansfield

Nottinghamshire

NG18 5BR

REGISTERED NUMBER:

07719371 (England and Wales)

FIXED ASSETS

Investments

4

2,125,000

2,125,000

CURRENT ASSETS

Cash at bank and in hand

9,259

4,724

CREDITORS

Amounts falling due within one year

5

50,466

49,250

NET CURRENT LIABILITIES

(41,207

)

(44,526

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,083,793

2,080,474

CREDITORS

Amounts falling due after more than one year

6

2,048,171

2,048,171

NET ASSETS

35,622

32,303

CAPITAL AND RESERVES

Called up share capital

20

20

Retained earnings

35,602

32,283

SHAREHOLDERS' FUNDS

35,622

32,303

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 26 March 2019 and were signed by:

G K Oakes - Director

1.	STATUTORY INFORMATION

RBA 2011 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.

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other creditors

50,466

49,250

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Amounts owed to group undertakings

2,048,171

2,048,171

7.	RELATED PARTY DISCLOSURES

R.B.Allfree & Co. Limited

100% subsidiary

There is a loan from R.B.Allfree & Co. Limited included within other creditors. At the year end the balance

outstanding was £2,048,171 (2017: £2,048,171). The loan is interest free and due to be repaid in more than one

year.

G K Oakes

Director

During the period a loan account subsisted with the director. During the period £20,000 was advanced to the

company, and the company repaid £23,034 to the director. The balance due to the director at the period end was

£14,666 (2017: £17,700). The loan is interest free and under no specific repayment terms.

P Oakes

Shareholder

During the period a loan subsisted with the shareholder. During the period £20,000 was advanced to the

company, and the company repaid £15,750. The balance due to the individual at the period end was £35,800

(2017: £31,550). The loan is interest free and under no specific repayment terms.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is G K Oakes and P Oakes.