ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

RICHARD ALLEN MARKETING LIMITED - Company Information

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Caseware UK (AP4) 2020.0.247 2020.0.247 2020-09-302020-09-30No description of principal activityfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2019-10-01false00 07380773 2019-10-01 2020-09-30 07380773 2018-10-01 2019-09-30 07380773 2020-09-30 07380773 2019-09-30 07380773 c:Director1 2019-10-01 2020-09-30 07380773 d:CurrentFinancialInstruments 2020-09-30 07380773 d:CurrentFinancialInstruments 2019-09-30 07380773 d:CurrentFinancialInstruments d:WithinOneYear 2020-09-30 07380773 d:CurrentFinancialInstruments d:WithinOneYear 2019-09-30 07380773 d:ShareCapital 2020-09-30 07380773 d:ShareCapital 2019-09-30 07380773 d:RetainedEarningsAccumulatedLosses 2020-09-30 07380773 d:RetainedEarningsAccumulatedLosses 2019-09-30 07380773 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2020-09-30 07380773 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2019-09-30 07380773 c:FRS102 2019-10-01 2020-09-30 07380773 c:AuditExempt-NoAccountantsReport 2019-10-01 2020-09-30 07380773 c:FullAccounts 2019-10-01 2020-09-30 07380773 c:PrivateLimitedCompanyLtd 2019-10-01 2020-09-30 iso4217:GBP xbrli:pure

Registered number: 07380773









RICHARD ALLEN MARKETING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2020
 
RICHARD ALLEN MARKETING LIMITED
REGISTERED NUMBER: 07380773

BALANCE SHEET
AS AT 30 SEPTEMBER 2020

2020
2019
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
173
31

Cash at bank and in hand
  
77,163
127,492

  
77,336
127,523

Creditors: amounts falling due within one year
 5 
(4,607)
(4,607)

Net current assets
  
 
 
72,729
 
 
122,916

Total assets less current liabilities
  
72,729
122,916

  

Net assets
  
72,729
122,916


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
72,629
122,816

  
72,729
122,916


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 September 2021.


Mr R C Allen
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1
 
RICHARD ALLEN MARKETING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2020

1.


General information

Richard Allen Marketing Limited is a private limited company limited by share capital. The company is registered in England and Wales, company number 07380773. The company's registered and trading address is located at 37 Park Road, Hampton Hill, Middlesex TW12 1HG.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors are reviewing the position of the company . However, there are no plans to close the Company currently and so the acconuts have been prepared on the basis that the Company remains a going concern.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
∙the amount of revenue can be measured reliably;
∙it is probable that the Company will receive the consideration due under the contract;
∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and
∙the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 2
 
RICHARD ALLEN MARKETING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2020

2.Accounting policies (continued)

 
2.5

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2019 - £NIL).

The average monthly number of employees, including directors, during the year was 0 (2019 - 0).


4.


Debtors

2020
2019
£
£


Other debtors
173
31

173
31


Page 3
 
RICHARD ALLEN MARKETING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2020

5.


Creditors: Amounts falling due within one year

2020
2019
£
£

Other creditors
2,407
2,407

Accruals and deferred income
2,200
2,200

4,607
4,607



6.


Financial instruments

2020
2019
£
£

Financial assets


Financial assets measured at fair value through profit or loss
77,163
127,492




Financial assets measured at fair value through profit or loss comprise cash in bank. 

 
Page 4