RWMC Installations Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07508068 (England and Wales)

RWMC INSTALLATIONS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr R Williams

REGISTERED OFFICE:

17 Glenwood Road

Chellaston

Derby

Derbyshire

DE73 6UB

REGISTERED NUMBER:

07508068 (England and Wales)

ACCOUNTANTS:

The TAX Partnership

2 Cheapside

Derby

Derbyshire

DE1 1BR

FIXED ASSETS

Tangible assets

2

11,540

2,888

CURRENT ASSETS

Stocks

20,816

8,743

Debtors

3

113,369

49,102

Cash at bank

5,903

7,234

140,088

65,079

CREDITORS

Amounts falling due within one year

135,216

52,015

NET CURRENT ASSETS

4,872

13,064

TOTAL ASSETS LESS CURRENT LIABILITIES

16,412

15,952

CREDITORS

Amounts falling due after more than one year

(3

)

-

PROVISIONS FOR LIABILITIES

(422

)

(577

)

NET ASSETS

15,987

15,375

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

15,985

15,373

SHAREHOLDERS' FUNDS

15,987

15,375

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 29 December 2015 and were signed by:

Mr R Williams - Director

1.	ACCOUNTING POLICIES

Accounting convention

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

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

Cost

At 1 April 2014

5,825

Additions

12,065

At 31 March 2015

17,890

Depreciation

At 1 April 2014

2,937

Charge for year

3,413

At 31 March 2015

6,350

Net book value

At 31 March 2015

11,540

At 31 March 2014

2,888

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 15,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

2

Ordinary

1

2

2