RLL Projects Ltd,Ltd - AccountsLtd - Accounts

RLL Projects Ltd,Ltd - AccountsLtd - Accounts

R L L PROJECTS LIMITED - Company Information

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2019-04-01 04176101 2020-03-31 04176101 2019-04-01 2020-03-31 04176101 uk-bus:RegisteredOffice 2019-04-01 2020-03-31 04176101 uk-bus:Director1 2019-04-01 2020-03-31 04176101 uk-bus:Director1 2020-03-31 04176101 uk-bus:Director2 2019-04-01 2020-03-31 04176101 uk-bus:Director2 2020-03-31 04176101 2019-03-31 04176101 2018-04-01 2019-03-31 04176101 uk-core:WithinOneYear 2019-03-31 04176101 uk-core:WithinOneYear 2020-03-31 04176101 uk-core:ShareCapital 2020-03-31 04176101 uk-core:ShareCapital 2019-03-31 04176101 uk-core:RetainedEarningsAccumulatedLosses 2020-03-31 04176101 uk-core:RetainedEarningsAccumulatedLosses 2019-03-31 04176101 uk-core:PlantMachinery 2019-04-01 2020-03-31 iso4217:GBP xbrli:pure 04176101 uk-bus:AuditExemptWithAccountantsReport 2019-04-01 2020-03-31 04176101 uk-bus:FRS102 2019-04-01 2020-03-31 04176101 uk-bus:FullAccounts 2019-04-01 2020-03-31 04176101 uk-bus:PrivateLimitedCompanyLtd 2019-04-01 2020-03-31
RLL Projects Ltd
Registered Number:04176101
For the year ended 31 March 2020
England and Wales
Report of the Directors and Unaudited Financial Statements
2
For the year ended 31 March 2020
RLL Projects Ltd
Contents Page
Company Information
1
2
Directors' Report
3
Independent Accountant's Report
4
Income Statement
5
Statement of Financial Position
6 to 7
Notes to the Financial Statements
3
For the year ended 31 March 2020
RLL Projects Ltd
Company Information
Mr Lee Rodney Boyce
Directors
Mr Rodney James Boyce
Mrs Linda Jane Boyce
Company Secretary
04176101
Registered Number
48 The Causeway
Registered Office
Chippenham
Wiltshire
SN15 3DD
John Davis and Co.
Accountant
48 The Causeway
Chippenham
Wiltshire
SN15 3DD
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4
For the year ended 31 March 2020
RLL Projects Ltd
Directors' Report
The director presents his report and accounts for the year ended 31 March 2020.
Principal activities
The principal activity of the company continued to be that of Manufacture and Repairs of Boats.
Directors
The director who served the company throughout the year was as follows:
Mr Lee Rodney Boyce
Mr Rodney James Boyce
Mr Rodney James Boyce
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Date:
24 March 2021
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5
For the year ended 31 March 2020
RLL Projects Ltd
Independent Accountant's Report
As described on the Statement of Financial Position you are responsible for the preparation of the financial statements
for the year ended 31 March 2020 and you consider that the company is exempt from an audit under the Companies
Act 2006. 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.
John Davis and Co.
48 The Causeway
Chippenham
Wiltshire
SN15 3DD
Date:
24 March 2021
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6
For the year ended 31 March 2020
RLL Projects Ltd
Income Statement
2019
£
2020
£
Turnover
242,080
166,110
(95,580)
Cost of sales
(196,063)
70,530
Gross profit
46,017
Administrative expenses
(63,283)
(86,196)
Operating loss
(17,266)
(15,666)
(17,266)
(15,666)
Loss before taxation
(17,266)
Loss for the financial year
(15,666)
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7
Registered Number :
04176101
As at 31 March 2020
RLL Projects Ltd
Statement of Financial Position
£
£
2019
2020
Notes
Fixed assets
Property, plant and equipment
170,578
184,562
2
170,578
184,562
Current assets
Inventories
4,781
5,050
3
Trade and other receivables
645
-
4
9,528
Cash and cash equivalents
949
5,999
14,954
Trade and other payables: amounts falling due within one
year
(335,351)
(329,678)
5
(320,397)
(323,679)
Net current liabilities
Total assets less current liabilities
(153,101)
(135,835)
(153,101)
Net liabilities
(135,835)
Capital and reserves
Called up share capital
100
100
Retained earnings
(153,201)
(135,935)
(153,101)
(135,835)
Shareholders' funds
For the year ended 31 March 2020 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
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 proper 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 Section
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 in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Lee Rodney Boyce
These financial statements were approved and authorised for issue by the Board on 24 March 2021 and were signed by:
The notes form part of these financial statements
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For the year ended 31 March 2020
RLL Projects Ltd
Notes to the Financial Statements
Statutory Information
RLL Projects Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
04176101.
Principal place of business:
50 Grace Drive
Kingswood
Bristol
BS15 4JU
Registered address:
48 The Causeway
Chippenham
Wiltshire
SN15 3DD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
4% Straight line
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 March 2020
RLL Projects Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
machinery
£
Cost or
valuation
At 01 April 2019
315,477
At 31 March 2020
315,477
Provision for depreciation and impairment
At 01 April 2019
130,915
Charge for year
13,984
At 31 March 2020
144,899
At 31 March 2020
Net book value
170,578
At 31 March 2019
184,562
3. Inventories
2019
2020
£
£
Stocks
5,050
4,781
4. Trade and other receivables
2019
2020
£
£
Other debtors
-
645
5. Trade and other payables: amounts falling due within one year
2019
2020
£
£
Trade creditors
18,360
19,005
Other creditors
311,318
316,346
329,678
335,351
6. Average number of persons employed
During the year the average number of employees was 2 (2019 : 2)
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