Rictle Limited 30/12/2018 iXBRL

Rictle Limited 30/12/2018 iXBRL

RICTLE LIMITED - Company Information

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0 0 30/12/2018 2018-12-30 false false false false true false false false false false false false false true false false true false false false false false true false false No description of principal activities is disclosed 2018-01-01 Sage Accounts Production 18.40 Update 1 - FRS xbrli:pure xbrli:shares iso4217:GBP NI623639 2018-01-01 2018-12-30 NI623639 2018-12-30 NI623639 2017-04-01 2017-12-31 NI623639 2017-12-31 NI623639 2017-03-31 NI623639 bus:RegisteredOffice 2018-01-01 2018-12-30 NI623639 bus:OrdinaryShareClass1 2018-01-01 2018-12-30 NI623639 bus:LeadAgentIfApplicable 2018-01-01 2018-12-30 NI623639 bus:Director1 2018-01-01 2018-12-30 NI623639 bus:Director2 2018-01-01 2018-12-30 NI623639 bus:CompanySecretary1 2018-01-01 2018-12-30 NI623639 core:ShareCapital 2018-12-30 NI623639 core:ShareCapital 2017-12-31 NI623639 core:ShareCapital 2017-03-31 NI623639 bus:OrdinaryShareClass1 core:ShareCapital 2018-12-30 NI623639 bus:OrdinaryShareClass1 core:ShareCapital 2017-12-31 NI623639 core:FinancialAssetsAmortisedCost 2018-12-30 NI623639 core:FinancialAssetsAmortisedCost 2017-12-31 NI623639 bus:SmallEntities 2018-01-01 2018-12-30 NI623639 bus:Audited 2018-01-01 2018-12-30 NI623639 bus:FullAccounts 2018-01-01 2018-12-30 NI623639 bus:SmallCompaniesRegimeForAccounts 2018-01-01 2018-12-30 NI623639 bus:PrivateLimitedCompanyLtd 2018-01-01 2018-12-30
Company registration number: NI623639
Rictle Limited
Filleted financial statements
for the year ended
30 December 2018
Rictle Limited
Contents
Directors and other information
Directors responsibilities statement
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Rictle Limited
Directors and other information
Directors C M Butler
C P Butler
Secretary C M Butler
Company number NI623639
Registered office Unit 5
Connswater Retail Park
Bloomfield Avenue
Belfast
BT5 5DL
Auditor KPMG
1 Stokes Place
St. Stephen's Green
Dublin 2
Solicitors OBH Partners
17 Pembroke Street Upper
Dublin 2
Rictle Limited
Directors responsibilities statement
Year ended 30 December 2018
The directors are responsible for preparing the directors report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent; and
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
C M Butler
Director
Rictle Limited
Statement of financial position
30 December 2018
30 December 2018 31 December 2017
Note £ £ £ £
Current assets
Debtors 4 100 100
_______ _______
100 100
Net current assets 100 100
_______ _______
Total assets less current liabilities 100 100
_______ _______
Net assets 100 100
_______ _______
Capital and reserves
Called up share capital 6 100 100
_______ _______
Shareholders funds 100 100
_______ _______
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 26 September 2019 , and are signed on behalf of the board by:
C M Butler
Director
Statement of comprehensive income
The company did not trade during the current year or prior period and has not made either a profit or loss, nor any other recognised gains or losses.
Company registration number: NI623639
Rictle Limited
Statement of changes in equity
Year ended 30 December 2018
Called up share capital Total
£ £
At 1 April 2017 100 100
Profit for the period -
_______ _______
Total comprehensive income for the period - -
_______ _______
At 31 December 2017 and 1 January 2018 100 100
Profit for the year -
_______ _______
Total comprehensive income for the year - -
_______ _______
At 30 December 2018 100 100
_______ _______
Rictle Limited
Notes to the financial statements
Year ended 30 December 2018
1. General information
The company is a private company limited by shares, registered in Northen Ireland. The address of the registered office is Unit 5, Connswater Retail Park, Bloomfield Avenue, Belfast, BT5 5DL.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention .
The company has availed of the exemption under FRS 102.1B and has not presented a cash flow statement
There are no judgements made by the directors in the application of these accounting policies that have significant effect on the financial statements and estimates with a significant risk of material adjustment in the next year.
Going concern
The Company's business activities, together with the factors likely to affect its future development, performance and position are set out in the directors' report on page 2.The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.
4. Debtors
30 December 2018 31 December 2017
£ £
Amounts falling due within one year
Other debtors 100 100
_______ _______
100 100
_______ _______
5. Financial instruments
The carrying amount for each category of financial instrument is as follows:
30 December 2018 31 December 2017
£ £
Financial assets measured at amortised cost
Other debtors 100 100
_______ _______
100 100
_______ _______
6. Called up share capital
Issued and called up
30 December 2018 31 December 2017
No £ No £
Ordinary shares shares of £ 1.00 each 100 100 100 100
_______ _______ _______ _______
7. Summary audit opinion
The auditor's report for the year dated 27 September 2019 was unqualified.
The senior statutory auditor was Cathy Byrne for and on behalf of KPMG
8. Controlling party
The company is a wholly owned subsidiary of Desert Limited, a company incorporated in the Isle of Man. Desert limited is regarded as both the controlling party and the ultimate controlling party. Desert Limited is controlled by its Directors.
9. Subsequent events
There were no events after the balance sheet date that would require adjustment or disclosure in the financial statements.