R.r. Leisureways (Two) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02392794 (England and Wales)

Unaudited Financial Statements

for the Period 1 October 2019 to 31 December 2019

for

R.r. Leisureways (Two) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

D Clarke

REGISTERED OFFICE:

Olympic House

Masboro Street

Rotherham

S60 1EF

REGISTERED NUMBER:

02392794 (England and Wales)

ACCOUNTANTS:

HUB3 LIMITED

Market Place

Crich

Matlock

Derbyshire

DE45DD

FIXED ASSETS

Tangible assets

4

279,401

167,707

Investments

5

99

99

279,500

167,806

CURRENT ASSETS

Stocks

223,241

313,759

Debtors

6

85,912

53,247

Cash at bank and in hand

2,003

14,080

311,156

381,086

CREDITORS

Amounts falling due within one year

7

553,875

469,058

NET CURRENT LIABILITIES

(242,719

)

(87,972

)

TOTAL ASSETS LESS CURRENT LIABILITIES

36,781

79,834

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

36,681

79,734

36,781

79,834

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 Income Statement has not been delivered.

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

D Clarke - Director

1.	STATUTORY INFORMATION

R.r. Leisureways (Two) 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.

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.

Land and buildings

-

4% on cost

Plant and machinery etc

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period 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.

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 period 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2019 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2019

358,320

192,787

551,107

Additions

100,000

17,142

117,142

Disposals

-

(9,360

)

(9,360

)

At 31 December 2019

458,320

200,569

658,889

DEPRECIATION

At 1 October 2019

207,074

176,326

383,400

Charge for period

1,213

4,146

5,359

Eliminated on disposal

-

(9,271

)

(9,271

)

At 31 December 2019

208,287

171,201

379,488

NET BOOK VALUE

At 31 December 2019

250,033

29,368

279,401

At 30 September 2019

151,246

16,461

167,707

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2019

and 31 December 2019

99

NET BOOK VALUE

At 31 December 2019

99

At 30 September 2019

99

6.

DEBTORS

31.12.19

30.9.19

£

£

Amounts falling due within one year:

Trade debtors

32,637

15,813

Other debtors

32,630

16,789

65,267

32,602

Amounts falling due after more than one year:

Other debtors

20,645

20,645

Aggregate amounts

85,912

53,247

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

30.9.19

£

£

Bank loans and overdrafts

49,010

-

Trade creditors

219,024

283,167

Taxation and social security

3,336

6,082

Other creditors

282,505

179,809

553,875

469,058

8.	ULTIMATE CONTROLLING PARTY

The controlling party is D Clarke.

The Company's immediate parent is Autosupplies (Chesterfield) Limited a company registered in England and Wales, registration number 02479774.

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 December 2019 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

HUB3 LIMITED

Market Place

Crich

Matlock

Derbyshire

DE45DD

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