R S Investments and Finance Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05745966 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2019

for

R S INVESTMENTS AND FINANCE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R Sargent

SECRETARY:

Mrs S Sargent

REGISTERED OFFICE:

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

REGISTERED NUMBER:

05745966 (England and Wales)

ACCOUNTANTS:

Maths Partnership

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

CURRENT ASSETS

Debtors

3

1,171,850

1,230,050

Cash at bank

79,327

714,929

1,251,177

1,944,979

CREDITORS

Amounts falling due within one year

4

1,185,054

1,884,316

NET CURRENT ASSETS

66,123

60,663

TOTAL ASSETS LESS CURRENT LIABILITIES

66,123

60,663

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

65,923

60,463

SHAREHOLDERS' FUNDS

66,123

60,663

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

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

The director acknowledges his 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 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director on 25 March 2020 and were signed by:

R Sargent - Director

1.	STATUTORY INFORMATION

R S Investments and Finance 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted

or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.19

31.8.18

£

£

Amounts owed by associates

898,700

948,700

Other debtors

273,150

281,350

1,171,850

1,230,050

All debtors are due within one year and have therefore not been discounted.

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.19

31.8.18

£

£

Amounts owed to associates

1,173,000

1,873,000

Taxation and social security

1,308

535

Other creditors

10,746

10,781

1,185,054

1,884,316

All creditors are due within one year and have therefore not been discounted.