R P Commercials Limited - Accounts to registrar (filleted) - small 18.2

R P Commercials Limited - Accounts to registrar (filleted) - small 18.2

R P COMMERCIALS LIMITED - Company Information

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REGISTERED NUMBER: 07500177 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2019

for

R P COMMERCIALS LIMITED
R P COMMERCIALS LIMITED (REGISTERED NUMBER: 07500177)






Contents of the Financial Statements
for the Year Ended 31 March 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R P COMMERCIALS LIMITED

Company Information
for the Year Ended 31 March 2019







DIRECTORS: Mr R J Pullen
Mr S Pullen





REGISTERED OFFICE: 3 Queen Street
Ashford
Kent
TN23 1RF





REGISTERED NUMBER: 07500177 (England and Wales)





ACCOUNTANTS: MMP Accounting Solutions Ltd
Chartered Certified Accountants
3 Queen Street
Ashford
Kent
TN23 1RF
Page 1
R P COMMERCIALS LIMITED (REGISTERED NUMBER: 07500177)

Balance Sheet
31 March 2019

31.3.19 31.3.18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,942 4,349

CURRENT ASSETS
Stocks 1,132 1,132
Debtors 5 68,825 66,087
Cash at bank and in hand 12,291 15,263
82,248 82,482
CREDITORS
Amounts falling due within one year 6 65,418 58,240
NET CURRENT ASSETS 16,830 24,242
TOTAL ASSETS LESS CURRENT
LIABILITIES
28,772
28,591

CREDITORS
Amounts falling due after more than
one year
7
28,650
27,619
NET ASSETS 122 972

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 22 872
SHAREHOLDERS' FUNDS 122 972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these financial statements

Page 2 continued...
R P COMMERCIALS LIMITED (REGISTERED NUMBER: 07500177)

Balance Sheet - continued
31 March 2019


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 20 December 2019 and were signed
on its behalf by:




Mr R J Pullen - Director



Mr S Pullen - Director


The notes form part of these financial statements

Page 3
R P COMMERCIALS LIMITED (REGISTERED NUMBER: 07500177)

Notes to the Financial Statements
for the Year Ended 31 March 2019

1. STATUTORY INFORMATION

R P Commercials 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 is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income
Statement, except to the extent that it relates to items recognised in other comprehensive income
or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2018 - 3 ) .

Page 4 continued...
R P COMMERCIALS LIMITED (REGISTERED NUMBER: 07500177)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2019

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2018 30,225
Additions 9,477
At 31 March 2019 39,702
DEPRECIATION
At 1 April 2018 25,876
Charge for year 1,884
At 31 March 2019 27,760
NET BOOK VALUE
At 31 March 2019 11,942
At 31 March 2018 4,349

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.19 31.3.18
£    £   
Trade debtors 35,545 34,151
Other debtors 33,280 31,936
68,825 66,087

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.19 31.3.18
£    £   
Hire purchase contracts 1,800 -
Trade creditors 9,889 11,324
Taxation and social security 44,033 36,520
Other creditors 9,696 10,396
65,418 58,240

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.19 31.3.18
£    £   
Hire purchase contracts 6,599 -
Other creditors 22,051 27,619
28,650 27,619

Page 5