R S Essential Limited Small abbreviated accounts

R S Essential Limited Small abbreviated accounts

R S ESSENTIAL LIMITED - Company Information

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FY Private Limited Company Company accounts 2015-12-23 2015-12-23 2015-12-22 false true false false false false false false false false false false true true 2014-04-01 true xbrli:pure xbrli:shares iso4217:GBP 06856152 2014-04-01 2015-03-31 06856152 2015-03-31 06856152 2014-03-31 06856152 2013-04-01 2014-03-31 06856152 2014-03-31 06856152 uk-gaap:FixturesFittings 2014-04-01 2015-03-31 06856152 uk-bus:EntityAccountantsOrAuditors uk-bus:PrincipalAgent 2014-04-01 2015-03-31 06856152 uk-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 06856152 uk-bus:Director1 2014-04-01 2015-03-31 06856152 uk-gaap:AllSubsidiaries 2014-04-01 2015-03-31 06856152 uk-bus:OrdinaryShareClass1 2015-03-31 06856152 uk-bus:OrdinaryShareClass1 2014-03-31 06856152 uk-gaap:FixturesFittings 2015-03-31 06856152 uk-lang:English 2014-04-01 2015-03-31 06856152 uk-curr:PoundSterling 2014-04-01 2015-03-31
COMPANY REGISTRATION NUMBER 06856152
R S ESSENTIAL LIMITED
UNAUDITED ABBREVIATED ACCOUNTS
31 March 2015
CONTRACTOR TAXATION SERVICES LTD
Chartered Accountants
Emstrey House (North)
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG
R S ESSENTIAL LIMITED
ABBREVIATED BALANCE SHEET
31 March 2015
2015
2014
Note
£
£
£
£
Fixed Assets
2
Tangible assets
426
783
----
----
426
783
Current Assets
Debtors
17,844
15,758
Cash at bank and in hand
18,900
15,058
--------
--------
36,744
30,816
Creditors: Amounts Falling due Within One Year
13,505
7,362
--------
--------
Net Current Assets
23,239
23,454
--------
--------
Total Assets Less Current Liabilities
23,665
24,237
--------
--------
Capital and Reserves
Called-up equity share capital
3
1
1
Profit and loss account
23,664
24,236
--------
--------
Shareholders' Funds
23,665
24,237
--------
--------
For the year ended 31st March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
These abbreviated accounts were approved and signed by the director and authorised for issue on 22 December 2015 .
Mr R Slater
Company Registration Number: 06856152
R S ESSENTIAL LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
YEAR ENDED 31st MARCH 2015
1. Accounting Policies
Basis of Accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Fixed Assets
All fixed assets are initially recorded at cost.
Depreciation
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:
Fixtures & Fittings - 33% Straight line
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
2. Fixed Assets
Tangible Assets
£
Cost
At 1st April 2014 and 31st March 2015
3,089
-------
Depreciation
At 1st April 2014
2,306
Charge for year
357
-------
At 31st March 2015
2,663
-------
Net Book Value
At 31st March 2015
426
----
At 31st March 2014
783
----
3. Share Capital
Allotted, called up and fully paid:
2015
2014
No
£
No
£
Ordinary shares of £ 1 each
1
1
1
1
----
----
----
----
1
1
1
1
----
----
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