Abbreviated Company Accounts - RBS BUILDING SERVICES LIMITED

RBS BUILDING SERVICES LIMITED - Company Information

04576102 RBS BUILDING SERVICES LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 04576102 2014-01-01 2014-12-31 04576102 2014-12-31 04576102 2013-12-31 04576102 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 04576102 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-12-31 iso4217:GBP shares

Registered Number 04576102

RBS BUILDING SERVICES LIMITED

Abbreviated Accounts

31 December 2014

RBS BUILDING SERVICES LIMITED Registered Number 04576102

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	24,500	28,000
Tangible assets	3	25,735	35,333
		50,235	63,333
Current assets
Stocks		2,000	2,000
Debtors		174,781	342,282
Cash at bank and in hand		12	-
		176,793	344,282
Creditors: amounts falling due within one year		(233,916)	(422,375)
Net current assets (liabilities)		(57,123)	(78,093)
Total assets less current liabilities		(6,888)	(14,760)
Creditors: amounts falling due after more than one year		(35,350)	(55,550)
Total net assets (liabilities)		(42,238)	(70,310)
Capital and reserves
Called up share capital	4	22	22
Profit and loss account		(42,260)	(70,332)
Shareholders' funds		(42,238)	(70,310)

For the year ending 31 December 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 3 September 2015

And signed on their behalf by:
Mr D Manchester, Director

RBS BUILDING SERVICES LIMITED Registered Number 04576102

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Fixtures & Fittings - 25% reducing balance
Motor Vehicles -25% reducing balance

Intangible assets amortisation policy
Goodwill - over 10 years

Other accounting policies
All fixed assets are initially recorded at cost.
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight line basis.
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either 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.
The financial statements have been prepared under the going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends upon the continuing support of the company’s banker and directors.
If the company were unable to continue in operational existence for the foreseeable future, adjustments would have to be made to reduce the balance sheet values of the assets to their recoverable amounts and to provide for further liabilities that might arise. The directors believe that it is appropriate for the financial statements to be prepared on the going concern basis.

2Intangible fixed assets

	£
Cost
At 1 January 2014	35,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	35,000
Amortisation
At 1 January 2014	7,000
Charge for the year	3,500
On disposals	-
At 31 December 2014	10,500
Net book values
At 31 December 2014	24,500
At 31 December 2013	28,000

3Tangible fixed assets

	£
Cost
At 1 January 2014	159,031
Additions	-
Disposals	(4,300)
Revaluations	-
Transfers	-
At 31 December 2014	154,731
Depreciation
At 1 January 2014	123,698
Charge for the year	8,578
On disposals	(3,280)
At 31 December 2014	128,996
Net book values
At 31 December 2014	25,735
At 31 December 2013	35,333

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 A Ordinary shares of £1 each	2	2
20 B Ordinary shares of £1 each	20	20