RBAR3 LIMITED

RBAR3 LIMITED

RBAR3 LIMITED - Company Information

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RBAR3 LIMITED

Company Registration Number:
09009918 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2021

Period of accounts

Start date: 01 May 2020

End date: 30 April 2021

RBAR3 LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2021

Balance sheet
Notes

RBAR3 LIMITED

Balance sheet

As at 30 April 2021


Notes
2021
2020


£
£
Current assets
Debtors:   7,584 12,277
Cash at bank and in hand: 588 6,848
Total current assets: 8,172 19,125
Creditors: amounts falling due within one year:   (6,375) (11,423)
Net current assets (liabilities): 1,797 7,702
Total assets less current liabilities: 1,797 7,702
Total net assets (liabilities): 1,797 7,702
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 1,795 7,700
Shareholders funds: 1,797 7,702

The notes form part of these financial statements

RBAR3 LIMITED

Balance sheet statements

For the year ending 30 April 2021 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 November 2021
and signed on behalf of the board by:

Name: C S Frampton
Status: Director

The notes form part of these financial statements

RBAR3 LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents invoiced sales, net of VAT, as adjusted for accrued income and amounts invoiced in advance.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Plant and machinery etc - 33% on cost

Other accounting policies

TaxationTaxation 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.Hire purchase and leasing commitmentsRentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.Pension costs and other post-retirement benefitsThe company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.Going concernThe directors have considered the financial position of the company and believe it is well placed to manage its business risks successfully. The directors have considered the impact of COVID-19 and even though there are uncertainties believe there will not be a material adverse impact on thecompany's ability to continue to trade. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, thus continue to adopt the going concern basis in preparing the financial statements.

RBAR3 LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

2. Employees

2021 2020
Average number of employees during the period 2 2

RBAR3 LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

3. Loans to directors

Name of director receiving advance or credit: C S Frampton
Description of the loan: Loan
£
Balance at 01 May 2020 4,173
Advances or credits made: 9,380
Advances or credits repaid: 12,500
Balance at 30 April 2021 1,053
Name of director receiving advance or credit: Mrs S Frampton
Description of the loan: Loan
£
Balance at 01 May 2020 4,173
Advances or credits made: 9,380
Advances or credits repaid: 12,500
Balance at 30 April 2021 1,053

RBAR3 LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

4. Related party transactions

During the year the company was controlled by the directors.