Rapidinsure.co.uk Limited Filleted accounts for Companies House (small and micro)
Rapidinsure.co.uk Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
03870327
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STATEMENT OF FINANCIAL POSITION |
2018 |
2017 |
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Note |
£ |
£ |
£ |
Current assets
Debtors |
6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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STATEMENT OF FINANCIAL POSITION (continued) |
2018 |
2017 |
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Note |
£ |
£ |
£ |
Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
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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
3 April 2019
, and are signed on behalf of the board by:
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Director |
Company registration number:
03870327
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NOTES TO THE FINANCIAL STATEMENTS |
PERIOD ENDED 31 DECEMBER 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 168 Church Road, Hove, East Sussex, BN3 2DL.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
No material uncertainties, that may cast significant doubt about the ability of the company to continue as a going concern, have been identified by the directors.
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment |
- |
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Impairment of fixed assets
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
1
(2017:
1
).
5.
Tangible assets
Equipment |
Total |
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£ |
£ |
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Cost |
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At 1 January 2018 and 31 December 2018 |
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Depreciation |
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At 1 January 2018 and 31 December 2018 |
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Carrying amount |
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At 31 December 2018 |
– |
– |
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At 31 December 2017 |
– |
– |
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6.
Debtors
2018 |
2017 |
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£ |
£ |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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7.
Creditors:
amounts falling due within one year
2018 |
2017 |
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£ |
£ |
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Bank loans and overdrafts |
– |
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Trade creditors |
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Corporation tax |
– |
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Social security and other taxes |
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– |
Other creditors |
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8.
Directors' advances, credits and guarantees
During the period the directors entered into the following advances and credits with the company:
2018 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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– |
– |
– |
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---- |
---- |
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2017 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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– |
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------- |
------- |
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9.
Related party transactions
10.
Controlling party
Home Support (MK) Limited is the immediate parent company of Rapidinsure.co.uk Limited. The ultimate controlling party of the Rapinsure.co.uk Limited is Insure IT Direct Holdings Limited. Mr R Underwwod is the controlling party of Insure IT Direct Holdings Limited.