| Rhos Investment Services Ltd |
| Registered number: |
06241355 |
| Balance Sheet |
| as at 5 April 2019 |
|
| Notes |
|
|
2019 |
|
|
2018 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
130 |
|
|
174 |
|
| Current assets |
| Debtors |
4 |
|
4,800 |
|
|
4,262 |
| Cash at bank and in hand |
|
|
41,771 |
|
|
37,660 |
|
|
|
46,571 |
|
|
41,922 |
|
| Creditors: amounts falling due within one year |
5 |
|
(22,180) |
|
|
(18,486) |
|
| Net current assets |
|
|
|
24,391 |
|
|
23,436 |
|
| Total assets less current liabilities |
|
|
|
24,521 |
|
|
23,610 |
|
|
| Provisions for liabilities |
|
|
|
(25) |
|
|
(33) |
|
|
| Net assets |
|
|
|
24,496 |
|
|
23,577 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
24,494 |
|
|
23,575 |
|
| Shareholder's funds |
|
|
|
24,496 |
|
|
23,577 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr R G D Summers |
| Director |
| Approved by the board on 14 October 2019 |
|
| Rhos Investment Services Ltd |
| Notes to the Accounts |
| for the year ended 5 April 2019 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the costs, less estimated residual value, of each asset over its expected useful life. The methods and applicable rates are: |
|
|
Plant and machinery |
25% per annum of net book value |
|
|
Debtors |
|
Short term debtors are measured at transaction price, less any impairment. Loans receivable are initially recognised at transaction price including any transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. |
|
|
Creditors |
|
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are initially recognised at transaction price, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. |
|
|
Deferred Taxation |
|
Full provision is made for deferred tax assets and liabilities arising from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. |
|
|
| 2 |
Employees |
2019 |
|
2018 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 6 April 2018 |
2,365 |
|
At 5 April 2019 |
2,365 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 6 April 2018 |
2,191 |
|
Charge for the year |
44 |
|
At 5 April 2019 |
2,235 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 5 April 2019 |
130 |
|
At 5 April 2018 |
174 |
|
|
| 4 |
Debtors |
2019 |
|
2018 |
| £ |
£ |
|
|
Trade debtors |
4,800 |
|
4,262 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2019 |
|
2018 |
| £ |
£ |
|
|
Trade creditors |
7,463 |
|
3,790 |
|
Corporation tax |
7,679 |
|
7,658 |
|
Other creditors |
7,038 |
|
7,038 |
|
|
|
|
|
|
22,180 |
|
18,486 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Controlling party |
|
|
The company is controlled by the director who is the sole shareholder. |
|
|
| 7 |
Other information |
|
|
Rhos Investment Services Ltd is a private company limited by shares and incorporated in England and Wales. The registered office is: |
|
2 Colwyn Avenue |
|
Rhos On Sea |
|
Colwyn Bay |
|
Conwy |
|
LL28 4RB |
