Rydal Communications Ltd - Accounts to registrar (filleted) - small 18.2
Rydal Communications Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 November 2018 |
| for |
| Rydal Communications Ltd |
| Rydal Communications Ltd (Registered number: 06738960) |
| Contents of the Financial Statements |
| for the Year Ended 30 November 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Rydal Communications Ltd |
| Company Information |
| for the Year Ended 30 November 2018 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Fairview |
| 192 Park Road |
| Peterborough |
| Cambridgeshire |
| PE1 2UF |
| Rydal Communications Ltd (Registered number: 06738960) |
| Balance Sheet |
| 30 November 2018 |
| 30.11.18 | 30.11.17 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Stocks | 7 |
| Debtors | 8 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 9 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
10 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| Rydal Communications Ltd (Registered number: 06738960) |
| Balance Sheet - continued |
| 30 November 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the director on |
| Rydal Communications Ltd (Registered number: 06738960) |
| Notes to the Financial Statements |
| for the Year Ended 30 November 2018 |
| 1. | STATUTORY INFORMATION |
| Rydal Communications Ltd is a |
| 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 |
| Preparation of consolidated financial statements |
| The financial statements contain information about Rydal Communications Ltd as an individual company and |
| do not contain consolidated financial information as the parent of a group. The company is exempt under |
| Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial |
| statements. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost |
| less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Stocks |
| Stocks and work in progress (except long term contracts) are valued at the lower of cost and net realisable |
| value, after making due allowance for obsolete and slow moving items. |
| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs |
| in bringing stocks to their present location and condition. |
| 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. |
| Rydal Communications Ltd (Registered number: 06738960) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2018 |
| 2. | ACCOUNTING POLICIES - continued |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and |
| Retained Earnings, 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. |
| Research and development |
| Expenditure on research and development is written off in the year in which it is incurred. |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Rydal Communications Ltd (Registered number: 06738960) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2018 |
| 4. | INTANGIBLE FIXED ASSETS |
| Other |
| intangible |
| assets |
| £ |
| COST |
| At 1 December 2017 |
| Additions |
| At 30 November 2018 |
| AMORTISATION |
| At 1 December 2017 |
| Charge for year |
| At 30 November 2018 |
| NET BOOK VALUE |
| At 30 November 2018 |
| At 30 November 2017 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 December 2017 |
| Additions |
| At 30 November 2018 |
| DEPRECIATION |
| At 1 December 2017 |
| Charge for year |
| At 30 November 2018 |
| NET BOOK VALUE |
| At 30 November 2018 |
| At 30 November 2017 |
| Rydal Communications Ltd (Registered number: 06738960) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2018 |
| 6. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 December 2017 |
| and 30 November 2018 |
| NET BOOK VALUE |
| At 30 November 2018 |
| At 30 November 2017 |
| 7. | STOCKS |
| 30.11.18 | 30.11.17 |
| £ | £ |
| Stocks | 27,902 | 73,129 |
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.11.18 | 30.11.17 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.11.18 | 30.11.17 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Payments on account |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30.11.18 | 30.11.17 |
| £ | £ |
| Hire purchase contracts |
| Rydal Communications Ltd (Registered number: 06738960) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2018 |
| 11. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 30.11.18 | 30.11.17 |
| £ | £ |
| Hire purchase contracts | 89,672 | 88,358 |
| The hire purchase contracts are secured against the assets to which they relate. |
| 12. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 30 November 2018 and |
| 30 November 2017: |
| 30.11.18 | 30.11.17 |
| £ | £ |
| Balance outstanding at start of year | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year | ( |
) | ( |
) |
| The above loans are unsecured, interest free and repayable upon demand. |