Rixil Services Limited - Limited company - abbreviated

REGISTERED NUMBER: 06553630 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014

FOR

RIXIL SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

C M Hibbert

SECRETARY:

Panoptix Limited

REGISTERED OFFICE:

Quayside House

Furnival Road

Sheffield

South Yorkshire

S4 7YA

REGISTERED NUMBER:

06553630 (England and Wales)

FIXED ASSETS

Tangible assets

2

1,465,473

1,487,448

Investments

3

701

1,466,174

1,488,149

CURRENT ASSETS

Debtors

4

1,041,521

852,003

Cash at bank

35,174

26,635

1,076,695

878,638

CREDITORS

Amounts falling due within one year

5

251,119

282,887

NET CURRENT ASSETS

825,576

595,751

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,291,750

2,083,900

CREDITORS

Amounts falling due after more than one
year

5

(631,485

)

(708,151

)

PROVISIONS FOR LIABILITIES

(15,402

)

(14,055

)

NET ASSETS

1,644,863

1,361,694

CAPITAL AND RESERVES

Called up share capital

6

1

Profit and loss account

1,644,862

1,361,693

SHAREHOLDERS' FUNDS

1,644,863

1,361,694

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 5 June 2015 and were signed by:

C M Hibbert - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Preparation of consolidated financial statements

The financial statements contain information about Rixil Services Limited as an individual company

and do not contain consolidated financial information as the parent of a group. The company has

taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial

statements.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

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 the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

1,528,582

Additions

14,660

Disposals

(24,500

)

At 30 September 2014

1,518,742

DEPRECIATION

At 1 October 2013

41,134

Charge for year

27,703

Eliminated on disposal

(15,568

)

At 30 September 2014

53,269

NET BOOK VALUE

At 30 September 2014

1,465,473

At 30 September 2013

1,487,448

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 October 2013

and 30 September 2014

701

NET BOOK VALUE

At 30 September 2014

701

At 30 September 2013

701

The company's investments at the Balance Sheet date in the share capital of companies include the

following:

Monaghans Limited

Nature of business: Project managers

%

Class of shares:

holding

Ordinary

75.68

30.9.14

30.9.13

£

Aggregate capital and reserves

552,566

374,870

Profit for the year

177,696

112,886

FHPP Limited

Nature of business: Mechanical & electrical consultants

%

Class of shares:

holding

Ordinary

100.00

30.9.14

30.9.13

£

Aggregate capital and reserves

(285,138

)

(73,206

)

Loss for the year

(211,932

)

(6,879

)

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 833,802 (30.9.13 - £ 833,802 )

5.

CREDITORS

Creditors include an amount of £ 708,150 (30.9.13 - £ 784,817 ) for which security has been given.

They also include the following debts falling due in more than five years:

30.9.14

30.9.13

£

Repayable by instalments

324,821

401,487

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

1

Ordinary

£1

1

Rixil Services Limited - Limited company - abbreviated - 11.6

Rixil Services Limited - Limited company - abbreviated - 11.6