Rathbone Project Man. (SW1 2012-13) Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08278165 (England and Wales)

Financial Statements for the Year Ended 30 December 2019

for

Rathbone Project Management

(SW1 2012-13) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

R H B Eckhardt

J S Leeor

REGISTERED OFFICE:

100 High Ash Drive

Alwoodley

Leeds

West Yorkshire

LS17 8RE

REGISTERED NUMBER:

08278165 (England and Wales)

ACCOUNTANTS:

Leon & Company

Chartered Accountants

100 High Ash Drive

Alwoodley

Leeds

West Yorkshire

LS17 8RE

FIXED ASSETS

Tangible assets

4

1,670

2,621

Investments

5

102,000

102,000

103,670

104,621

CURRENT ASSETS

Debtors

6

11,660

6,359

Cash at bank and in hand

660

786

12,320

7,145

CREDITORS

Amounts falling due within one year

7

119,106

103,936

NET CURRENT LIABILITIES

(106,786

)

(96,791

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,116

)

7,830

PROVISIONS FOR LIABILITIES

498

498

NET (LIABILITIES)/ASSETS

(3,614

)

7,332

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

(3,616

)

7,330

SHAREHOLDERS' FUNDS

(3,614

)

7,332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 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 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 and authorised for issue on 12 November 2020 and were signed on its behalf by:

R H B Eckhardt - Director

1.	STATUTORY INFORMATION

Rathbone Project Management (SW1 2012-13) Ltd 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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 31 December 2018

and 30 December 2019

22,484

DEPRECIATION

At 31 December 2018

19,863

Charge for year

951

At 30 December 2019

20,814

NET BOOK VALUE

At 30 December 2019

1,670

At 30 December 2018

2,621

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 31 December 2018

and 30 December 2019

102,000

NET BOOK VALUE

At 30 December 2019

102,000

At 30 December 2018

102,000

The company owns 100% of the issued share capital in Citywise Direct Marketing Ltd.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.12.19

30.12.18

£

£

Amounts owed by associates

11,660

-

Other debtors

-

6,359

11,660

6,359

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.12.19

30.12.18

£

£

Amounts owed to associates

98,955

82,871

Taxation and social security

15,584

19,064

Other creditors

4,567

2,001

119,106

103,936

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.12.19

30.12.18

value:

£

£

1

A ordinary

£1

1

1

1

B ordinary

£1

1

1

2

2

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in creditors is an amount of £2,218 (2018 £6,359 debtor) owed to a director. These loans are interest free and repayable on demand.

10.	RELATED PARTY DISCLOSURES

During the year the company has made various transactions with two associate companies, Creative Works (UK) Ltd and Citywise Direct Marketing Ltd.

Included in creditors is an amount of £98,955 owed to Citywise Direct Marketing Ltd. Included in debtors is an amount of £11,660 owed from Creative Works (UK) Ltd.

11.	ULTIMATE CONTROLLING PARTY

The Ultimate Controlling Party are the directors, by virtue of holding 100% of the issued equity shares capital.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rathbone Project Management (SW1 2012-13) Ltd for the year ended 30 December 2019 which comprise the Income Statement, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Rathbone Project Management (SW1 2012-13) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rathbone Project Management (SW1 2012-13) Ltd and state those matters that we have agreed to state to the Board of Directors of Rathbone Project Management (SW1 2012-13) Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rathbone Project Management (SW1 2012-13) Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Rathbone Project Management (SW1 2012-13) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Rathbone Project Management (SW1 2012-13) Ltd. You consider that Rathbone Project Management (SW1 2012-13) Ltd 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 financial statements of Rathbone Project Management (SW1 2012-13) Ltd. 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 financial statements.

Leon & Company

Chartered Accountants

100 High Ash Drive

Alwoodley

Leeds

West Yorkshire

LS17 8RE

Date: .............................................