Rosebank Construction Projects Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10367212 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2018

for

Rosebank Construction Projects Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T Martin

S Tennent

P Evershed

R Taylor

R J Pavey

REGISTERED OFFICE:

Unit 9 Robins Drive

Castlefields Industrial Estate

Bridgewater

Somerset

TA6 4DL

REGISTERED NUMBER:

10367212 (England and Wales)

ACCOUNTANTS:

Pace Accountants

Noble House

Eaton Road

Hemel Hempstead

Hertfordshire

HP2 7UB

CURRENT ASSETS

Stocks

3

-

15,490

Debtors

4

291

90

Cash at bank

158

486

449

16,066

CREDITORS

Amounts falling due within one year

5

359

16,226

NET CURRENT ASSETS/(LIABILITIES)

90

(160

)

TOTAL ASSETS LESS CURRENT LIABILITIES

90

(160

)

CAPITAL AND RESERVES

Called up share capital

90

90

Retained earnings

-

(250

)

90

(160

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 18 June 2019 and were signed on its behalf by:

R J Pavey - Director

1.	STATUTORY INFORMATION

Rosebank Construction Projects 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 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.

Stocks

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

obsolete and slow moving items.

Long term contracts are stated at net cost less forseeable losses less any applicable payments on

account. The amount recorded as turnover in respect of long term contracts is ascertained by

reference to the value of the work carried out to date. Attributable profit is recognised as the difference

between recorded turnover and related costs.

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 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.

3.

STOCKS

30.9.18

30.9.17

£

£

4.

DEBTORS

30.9.18

30.9.17

£

£

Amounts falling due within one year:

Trade debtors

201

-

30.9.18

30.9.17

£

£

Amounts falling due after more than one year:

Other debtors

90

90

Aggregate amounts

291

90

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Trade creditors

300

14,000

Taxation and social security

59

-

Other creditors

-

2,226

359

16,226