RRS Solutions Limited - Period Ending 2014-10-31

RRS Solutions Limited - Period Ending 2014-10-31


RRS Solutions Limited 07808928 false true 2013-11-01 2014-10-31 2014-10-31 07808928 2013-11-01 2014-10-31 07808928 2014-10-31 07808928 uk-bus:OrdinaryShareClass1 2014-10-31 07808928 uk-bus:AllEntityOfficers 2013-11-01 2014-10-31 07808928 uk-bus:Director2 2013-11-01 2014-10-31 07808928 uk-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 07808928 uk-bus:EntityAccountantsOrAuditors 2013-11-01 2014-10-31 07808928 2013-10-31 07808928 2013-10-31 07808928 uk-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP xbrli:shares

Registration number: 07808928

RRS Solutions Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 October 2014
 

ADP Accounting Limited
Association of Chartered Certified Accountants
19 Farrow Close
Mattishall
Mattishall
Norfolk
NR20 3SZ

 

RRS Solutions Limited
Contents

Accountants' Report

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

 

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
RRS Solutions Limited
for the Year Ended 31 October 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of RRS Solutions Limited for the year ended 31 October 2014 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of RRS Solutions Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of RRS Solutions Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RRS Solutions Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that RRS Solutions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of RRS Solutions Limited. You consider that RRS Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of RRS Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

ADP Accounting Limited
Association of Chartered Certified Accountants
19 Farrow Close
Mattishall
Mattishall
Norfolk
NR20 3SZ

9 July 2015

 

RRS Solutions Limited
(Registration number: 07808928)
Abbreviated Balance Sheet at 31 October 2014

   

Note

   

2014
£

   

2013
£

 

Current assets

 

             

Debtors

 

   

-

   

462

 

Cash at bank and in hand

 

   

23,239

   

12,637

 
   

   

23,239

   

13,099

 

Creditors: Amounts falling due within one year

 

   

(2,288)

   

(250)

 

Total assets less current liabilities

 

   

20,951

   

12,849

 

Creditors: Amounts falling due after more than one year

 

   

(7,858)

   

(9,715)

 

Net assets

 

   

13,093

   

3,134

 

Capital and reserves

 

             

Called up share capital

 

2

   

100

   

100

 

Profit and loss account

 

   

12,993

   

3,034

 

Shareholders' funds

 

   

13,093

   

3,134

 

For the year ending 31 October 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 9 July 2015 and signed on its behalf by:

.........................................
Mr R Stephenson
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

 

RRS Solutions Limited
Notes to the Abbreviated Accounts for the Year Ended 31 October 2014
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2

Share capital

Allotted, called up and fully paid shares

 

2014

2013

   

No.

   

£

   

No.

   

£

 

Ordinary of £1 each

 

100

   

100

   

100

   

100

 
                         

3

Related party transactions

Directors' advances and credits

 

2014
Advance/ Credit
£

2014
Repaid
£

2013
Advance/ Credit
£

2013
Repaid
£

Mr R Stephenson

Loan from director

-

-

9,715

-