Accounts Submission

Accounts Submission

RFSA CONSULTING LIMITED - Company Information

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RFSA CONSULTING LIMITED

Company Registration Number:
07629390 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2020

Period of accounts

Start date: 01 June 2019

End date: 31 May 2020

Page 1

RFSA CONSULTING LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2020

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

Page 2

RFSA CONSULTING LIMITED

Company Information

for the Period Ended 31 May 2020




Director: Dr Brian Minnis
Secretary: Mrs Patricia Minnis
Registered office: 16
Dene Tye
Pound Hill
Crawley
West Sussex
RH10 7TS
Company Registration Number: 07629390 (England and Wales)

Page 3

RFSA CONSULTING LIMITED

Directors' Report Period Ended 31 May 2020

The directors present their report with the financial statements of the company for the period ended 31 May 2020

Principal Activities

Research and consultancy services in the areas of wireless systems and technologies

Directors

The directors shown below have held office during the whole of the period from 01 June 2019 to 31 May 2020
Dr Brian Minnis

Secretary
Mrs Patricia Minnis

This report was approved by the board of directors on 25 June 2020
And Signed On Behalf Of The Board By:

Name: Dr Brian Minnis
Status: Director

Page 4

RFSA CONSULTING LIMITED

Profit and Loss Account

for the Period Ended 31 May 2020


Notes
2020
£
2019
£
Turnover 0 0
Cost of sales (0) (0)
Gross Profit or (Loss) 0 0
Administrative Expenses (1,948) (2,245)
Operating Profit or (Loss) (1,948) (2,245)
Interest Receivable and Similar Income 36 102
Profit or (Loss) Before Tax (1,912) (2,143)
Profit or (Loss) for Period (1,912) (2,143)

The notes form part of these financial statements

Page 5

RFSA CONSULTING LIMITED

Balance sheet

As at 31 May 2020


Notes
2020
£
2019
£
Fixed assets
Tangible assets: 5 0 385
Total fixed assets: 0 385
Current assets
Debtors: 6 363 410
Cash at bank and in hand: 2,454 14,826
Total current assets: 2,817 15,236
Creditors: amounts falling due within one year: 7 ( 28 ) ( 3,285 )
Net current assets (liabilities): 2,789 11,951
Total assets less current liabilities: 2,789 12,336
Total net assets (liabilities): 2,789 12,336

The notes form part of these financial statements

Page 6

RFSA CONSULTING LIMITED

Balance sheet continued

As at 31 May 2020


Notes
2020
£
2019
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,689 12,236
Shareholders funds: 2,789 12,336

For the year ending 31 May 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 25 June 2020
And Signed On Behalf Of The Board By:

Name: Dr Brian Minnis
Status: Director

The notes form part of these financial statements

Page 7

RFSA CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2020

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents revenue recognised in the accounts. Revenue is recognised when the company fulfils its contractual obligations to customers by supplying goods and services, and excludes value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at an annual rate of 50% on cost per year for office equipment.

Page 8

RFSA CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2020

  • 2. Employees


    2020
    2019
    Average number of employees during the period 0 0

Page 9

RFSA CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2020

  • 3. Off balance sheet disclosure

    No

Page 10

RFSA CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2020

4. Dividends


2020
£
2019
£
Dividends paid 8,000 4,000

Page 11

RFSA CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2020

5. Tangible assets

Office equipment Total
Cost £ £
At 01 June 2019 385 385
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 May 2020 385 385
Depreciation
At 01 June 2019 - -
Charge for year 385 385
On disposals - -
Other adjustments - -
At 31 May 2020 385 385
Net book value
At 31 May 2020 0 0
At 31 May 2019 385 385

Depreciation 50% per year

Page 12

RFSA CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2020

6. Debtors


2020
£
2019
£
Other debtors 363 410
Total 363 410

Corporation tax refund owed

Page 13

RFSA CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2020

7.Creditors: amounts falling due within one year note


2020
£
2019
£
Other creditors 28 3,285
Total 28 3,285

Other creditors are monies owed to the Director's current account. For 2019/20 this also includes a Corporation Tax refund.

Page 14