Resources for Business Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03003877 (England and Wales)

RESOURCES FOR BUSINESS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs C E McKellar

SECRETARY:

Mr J McKellar

REGISTERED OFFICE:

11 Ryles Close

Macclesfield

Cheshire

SK11 8DA

REGISTERED NUMBER:

03003877 (England and Wales)

ACCOUNTANTS:

Corporate Accountancy Solutions Limited

Georges Court

Chestergate

Macclesfield

Cheshire

SK11 6DP

CURRENT ASSETS

Debtors

4

44,055

152,462

Cash at bank and in hand

33,483

42,285

77,538

194,747

CREDITORS

Amounts falling due within one year

5

23,931

37,808

NET CURRENT ASSETS

53,607

156,939

TOTAL ASSETS LESS CURRENT LIABILITIES

53,607

156,939

CREDITORS

Amounts falling due after more than one year

6

14,883

45,692

NET ASSETS

38,724

111,247

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

38,722

111,245

SHAREHOLDERS' FUNDS

38,724

111,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 24th July 2019 and were signed by:

Mrs C E McKellar - Director

1.	STATUTORY INFORMATION

Resources for Business 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 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 represents net invoiced sales of; services and recharged expenses, along with share of partnership

profit/loss from Resources for CPD for the year.

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.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank

loans, and directors' loans.

Directors' loans (being payable on demand), trade debtors and trade creditors are measured at the undiscounted

amount of the cash consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective

evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the

Income Statement.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2018 - 4 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

42,819

149,475

Other debtors

1,236

2,987

44,055

152,462

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

296

8,183

Taxation and social security

13,235

12,505

Other creditors

10,400

17,120

23,931

37,808

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Amounts owed to group undertakings

14,883

45,692

7.	ULTIMATE PARENT COMPANY

RFB Ltd, registered office 11 Ryles Close, Macclesfield Cheshire SK11 8DA, is the company's immediate and

ultimate parent undertaking, and Mrs C McKellar is the company's ultimate controlling party.