Risk Performance Ltd - Accounts to registrar (filleted) - small 18.2

Risk Performance Ltd - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: 04184112 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

FOR

RISK PERFORMANCE LTD

RISK PERFORMANCE LTD (REGISTERED NUMBER: 04184112)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 MARCH 2020




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


RISK PERFORMANCE LTD

COMPANY INFORMATION
for the year ended 31 MARCH 2020







DIRECTOR: K R Gray





SECRETARIES: L Balderson
H L Fowles





REGISTERED OFFICE: Thistledown Barn
Holcot Lane
Sywell
Northampton
Northamptonshire
NN6 0BG





REGISTERED NUMBER: 04184112 (England and Wales)





ACCOUNTANTS: Elsby & Co
Thistledown Barn
204 Holcot Road
Sywell
Northampton
Northamptonshire
NN6 0BG

RISK PERFORMANCE LTD (REGISTERED NUMBER: 04184112)

ABRIDGED BALANCE SHEET
31 MARCH 2020

2020 2019
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 651,543 651,465
651,543 651,465

CURRENT ASSETS
Debtors 199 124
Cash at bank 8,592 8,740
8,791 8,864
CREDITORS
Amounts falling due within one year 7,530 11,922
NET CURRENT ASSETS/(LIABILITIES) 1,261 (3,058 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

652,804

648,407

CAPITAL AND RESERVES
Called up share capital 6 125 125
Retained earnings 652,679 648,282
SHAREHOLDERS' FUNDS 652,804 648,407

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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.

RISK PERFORMANCE LTD (REGISTERED NUMBER: 04184112)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2020


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 15 December 2020 and were signed by:





K R Gray - Director


RISK PERFORMANCE LTD (REGISTERED NUMBER: 04184112)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 MARCH 2020

1. STATUTORY INFORMATION

Risk Performance 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.

Goodwill
The acquisition of a business and has now been completely written off.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any
accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Computer equipment - 15% on reducing balance

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.

3. EMPLOYEES

The average number of employees during the year was NIL (2019 - NIL).

RISK PERFORMANCE LTD (REGISTERED NUMBER: 04184112)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 MARCH 2020

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2019
and 31 March 2020 4,000
AMORTISATION
At 1 April 2019
and 31 March 2020 4,000
NET BOOK VALUE

At 31 March 2020 -
At 31 March 2019 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2019 664,909
Additions 325
At 31 March 2020 665,234
DEPRECIATION
At 1 April 2019 13,444
Charge for year 247
At 31 March 2020 13,691
NET BOOK VALUE
At 31 March 2020 651,543
At 31 March 2019 651,465

6. CALLED UP SHARE CAPITAL




Allotted, issued and fully paid:
Number: Class: Nominal 2020 2019
value: £    £   
100 A Ordinary £1 100 100
20 B Ordinary £1 20 20
5 C Ordinary £1 5 5
125 125

RISK PERFORMANCE LTD (REGISTERED NUMBER: 04184112)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 MARCH 2020

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2020 and 31 March 2019:

2020 2019
£    £   
K R Gray
Balance outstanding at start of year (5,376 ) 7,765
Amounts advanced 9,160 (5,141 )
Amounts repaid (5,129 ) (8,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,345 ) (5,376 )