Required Systems Ltd 31/12/2018 iXBRL

Required Systems Ltd 31/12/2018 iXBRL

REQUIRED SYSTEMS LIMITED - Company Information

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Company registration number: SC224424
Required Systems Ltd
Unaudited filleted financial statements
31 December 2018
Required Systems Ltd
Contents
Directors and other information
Accountants report
Statement of financial position
Required Systems Ltd
Directors and other information
Director Mr Peter Aird Hawkins
Secretary Peter Aird Hawkins
Company number SC224424
Registered office 29 York Place
Edinburgh
EH1 3HP
Business address Unit 102A
Glen Douglas Drive
Glasgow
G68 0DW
Accountants McDonald Gordon & Co Ltd
29 York Place
Edinburgh
EH1 3HP
Bankers The Royal Bank of Scotland
Glasgow St Enoch Square Branch
22 St Enoch Square
Glasgow
G1 4DA
Required Systems Ltd
Report to the director on the preparation of the
unaudited statutory financial statements of Required Systems Ltd
Year ended 31 December 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Required Systems Ltd for the year ended 31 December 2018 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the director of Required Systems Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Required Systems Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Required Systems Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Required Systems Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Required Systems Ltd. You consider that Required Systems Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Required Systems Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
McDonald Gordon & Co Ltd
Chartered Certified Accountants
29 York Place
Edinburgh
EH1 3HP
30 September 2019
Required Systems Ltd
Statement of financial position
31 December 2018
2018 2017
£ £ £ £
Fixed assets 3,119 4,284
_______ _______
Current assets 35,722 25,852
Prepayments and accrued income 2,000 -
_______ _______
37,722 25,852
Creditors: amounts falling due within one year ( 9,088) ( 25,765)
_______ _______
Net current assets 28,634 87
_______ _______
Total assets less current liabilities 31,753 4,371
Creditors: amounts falling due after more than one year ( 22,667) ( 22,667)
Accruals and deferred income ( 8,947) ( 2,850)
_______ _______
Net assets/(liabilities) 139 ( 21,146)
_______ _______
Capital and reserves 139 ( 21,146)
_______ _______
Required Systems Ltd
Year ended 31 December 2018
For the year ending 31 December 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 27 September 2019 , and are signed on behalf of the board by:
Mr Peter Aird Hawkins
Director
Company registration number: SC224424
The company is a private company limited by shares, registered in Scotland.
2. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2017: Nil).