RFT_Computers_Ltd_31_Dec_2020_companies_house_set_of_accounts.html
RFT_Computers_Ltd_31_Dec_2020_companies_house_set_of_accounts.html
Company registration number:
Report to the board of directors on the preparation of the unaudited statutory financial statements of RFT Computers Ltd
Year ended 31 December 2020
As described on the statement of financial position, the Board of Directors of RFT Computers Ltd are responsible for the preparation of the financial statements for the year ended 31 December 2020 , which comprise the income statement, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
11 Somerset PlaceGlasgowG3 7JTUnited Kingdom
Date:
30 September 2021
Statement of Financial Position
2020 | 2019 | ||||
---|---|---|---|---|---|
Note | £ | £ | |||
Fixed assets | |||||
Tangible assets | 5 |
|
|
||
Investments | 6 |
|
|
||
|
|
||||
Creditors: amounts falling due within one year | 7 |
(
|
) |
(
|
) |
Net current liabilities |
(
|
) |
(
|
) | |
Total assets less current liabilities | (54,349 | ) | (54,349 | ) | |
Provisions for liabilities |
(
|
) |
(
|
) | |
Net liabilities |
(
|
) |
(
|
) | |
Capital and reserves | |||||
Called up share capital |
|
|
|||
Profit and loss account |
(
|
) |
(
|
) | |
Shareholders deficit |
(
|
) |
(
|
) |
No significant accounting transactions as defined by section 1169 of the Companies Act 2006 occurred in the current year or comparative year.
For the year ending 31 December 2020 , the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These 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.
These financial statements were approved by the board of directors and authorised for issue on 30 September 2021 , and are signed on behalf of the board by:
Director |
Company registration number:
SC181433
Notes to the Financial Statements
Year ended 31 December 2020
1 General information
The company is a private company limited by shares and is registered in Scotland. The address of the registered office is 11 Somerset Place , Glasgow , G3 7JT , Scotland.
2 Statement of compliance
These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.
3 Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The financial statements are prepared in sterling, which is the functional currency of the company.
Income Statement
The company is dormant as defined in section 1169 of the Companies Act 2006. The company incurred no significant transactions during the current year or comparative year.
Tangible assets
Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment |
Deferred tax
4 Average number of employees
The average number of persons employed by the company during the year was 1 (2019: 1 ).
5 Tangible assets
Plant and machinery etc. | ||
---|---|---|
£ | ||
Cost | ||
At |
|
|
Depreciation | ||
At |
|
|
Carrying amount | ||
At |
|
|
At 31 December 2019 |
|
6 Investments
Other investments other than loans | ||
---|---|---|
£ | ||
Cost | ||
At |
|
|
At |
|
|
Impairment | ||
At |
- | |
Carrying amount | ||
At |
|
|
At 31 December 2019 |
|
7 Creditors: amounts falling due within one year
2020 | 2019 | |||
---|---|---|---|---|
£ | £ | |||
Other creditors |
|
|