Rebecchi Architectural Services Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: SC457333 (Scotland)

REBECCHI ARCHITECTURAL SERVICES LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M G Rebecchi

REGISTERED OFFICE:

55 Kempock Street

Gourock

Renfrewshire

PA19 1NF

REGISTERED NUMBER:

SC457333 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Tangible assets

4

4,485

6,801

CURRENT ASSETS

Debtors

5

17,161

21,451

Cash at bank

96,044

19,045

113,205

40,496

CREDITORS

Amounts falling due within one year

6

36,386

24,962

NET CURRENT ASSETS

76,819

15,534

TOTAL ASSETS LESS CURRENT
LIABILITIES

81,304

22,335

CREDITORS

Amounts falling due after more than one year

7

(47,500

)

-

ACCRUALS AND DEFERRED INCOME

(885

)

-

NET ASSETS

32,919

22,335

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

32,819

22,235

SHAREHOLDERS' FUNDS

32,919

22,335

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

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

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 12 May 2021 and were signed by:

M G Rebecchi - Director

1.	STATUTORY INFORMATION

Rebecchi Architectural Services Ltd is a private company, limited by shares , registered in Scotland. 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 represents services provided in the year, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Leasehold improvements

-

20% on cost

Plant & machinery

-

25% to 33.33% on cost

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.

Government grants

Government grants in respect of revenue expenditure are credited to the profit and loss account in the period to which they relate. Government grants in respect of capital expenditure are treated as deferred income and are credited to the profit and loss account over the estimated useful life of the assets to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2019 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Leasehold

Plant &

improvements

machinery

Totals

£

COST

At 1 September 2019

7,398

23,591

30,989

Additions

-

3,055

Disposals

-

(1,402

)

(1,402

)

At 31 August 2020

7,398

25,244

32,642

DEPRECIATION

At 1 September 2019

7,164

17,024

24,188

Charge for year

234

4,748

4,982

Eliminated on disposal

-

(1,013

)

(1,013

)

At 31 August 2020

7,398

20,759

28,157

NET BOOK VALUE

At 31 August 2020

-

4,485

At 31 August 2019

234

6,567

6,801

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20

31.8.19

£

Trade debtors

12,800

21,402

Other debtors

816

49

Tax recoverable

3,545

-

17,161

21,451

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20

31.8.19

£

Bank loans and overdrafts

2,500

-

Trade creditors

2,789

-

Taxation and social security

20,521

16,588

Other creditors

10,576

8,374

36,386

24,962

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.8.20

31.8.19

£

Bank loans

47,500

-

31.8.20

31.8.19

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

7,500

-

Rebecchi Architectural Services Ltd - Accounts to registrar (filleted) - small 18.2

Rebecchi Architectural Services Ltd - Accounts to registrar (filleted) - small 18.2