Resources for Change Limited - Period Ending 2019-07-31

Registration number: 07310220

Resources for Change Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 July 2019

Ellis Lloyd Jones LLP
11 Park Square
Newport
NP20 4EL

Resources for Change Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 4
Notes to the Financial Statements	3

Resources for Change Limited

Company Information

Directors

Mrs T A Davies Mr M N King

Registered office

Cwrt Isaf Farmhouse Llangattock Crickhowell Powys NP8 1PH

Accountants

Ellis Lloyd Jones LLP 11 Park Square Newport NP20 4EL

Page 1

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Resources for Change Limited
for the Year Ended 31 July 2019

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Resources for Change Limited for the year ended 31 July 2019 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Resources for Change Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Resources for Change Limited and state those matters that we have agreed to state to the Board of Directors of Resources for Change Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Resources for Change Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Resources for Change Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Resources for Change Limited. You consider that Resources for Change Limited 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 accounts of Resources for Change Limited. 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 accounts.

Ellis Lloyd Jones LLP
11 Park Square
Newport
NP20 4EL

20 March 2020

Page 2

Resources for Change Limited

(Registration number: 07310220)
Balance Sheet as at 31 July 2019

	2019 £	2018 £
Fixed assets	1,190	1,585
Current assets	72,350	109,987
Prepayments and accrued income	6,490	1,296
Creditors: Amounts falling due within one year	(26,676)	(53,717)
Net current assets	52,164	57,566
Total assets less current liabilities	53,354	59,151
Accruals and deferred income	(1,400)	(1,500)
	51,954	57,651
Capital and reserves	51,954	57,651

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Cwrt Isaf Farmhouse
Llangattock
Crickhowell
Powys
NP8 1PH

These financial statements were authorised for issue by the Board on 20 March 2020.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2018 - 6).

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 July 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Page 3

Resources for Change Limited

(Registration number: 07310220)
Balance Sheet as at 31 July 2019

Approved and authorised by the Board on 20 March 2020 and signed on its behalf by:
 

Mrs T A Davies
Director

Page 4