Company Registration No. 05004171 (England and Wales)
Russell Davies Hereford Limited
Unaudited accounts
for the year ended 31 December 2021
Russell Davies Hereford Limited
Unaudited accounts
Contents
Russell Davies Hereford Limited
Company Information
for the year ended 31 December 2021
Company Number
05004171 (England and Wales)
Registered Office
150 Widemarsh Street
Hereford
HR4 9HW
Accountants
Diana Duggan & Co
27 East Street
Hereford
HR1 2LU
Russell Davies Hereford Limited
Statement of financial position
as at 31 December 2021
Cash at bank and in hand
66,130
23,591
Creditors: amounts falling due within one year
(3,797)
(5,198)
Net current assets
81,531
70,217
Called up share capital
100
100
Profit and loss account
81,431
70,117
Shareholders' funds
81,531
70,217
For the year ending 31 December 2021 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 March 2022 and were signed on its behalf by
R J Davies
Director
Company Registration No. 05004171
Russell Davies Hereford Limited
Notes to the Accounts
for the year ended 31 December 2021
Russell Davies Hereford Limited is a private company, limited by shares, registered in England and Wales, registration number 05004171. The registered office is 150 Widemarsh Street, Hereford, HR4 9HW.
2
Compliance with accounting standards
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:
Rendering of services - Turnover from services is recognised on completion of services.
There are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern.
Taxation for the year 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.
4
Debtors: amounts falling due within one year
2021
2020
Other debtors
18,398
50,079
Russell Davies Hereford Limited
Notes to the Accounts
for the year ended 31 December 2021
5
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
2,654
3,674
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's advance
50,079
-
31,810
18,269
The company is controlled by the director.
During the year, the director introduced £31,810 to his loan account, making a balance of £18,269 o/d (2020: £47,909o/d) which is included in other creditors/debtors.
This amount was repaid on 3 March 2022.
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Average number of employees
During the year the average number of employees was 1 (2020: 1).
