Rf Global Solutions Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC272974 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

RF GLOBAL SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

I Stuart

Mrs A Stuart

SECRETARY:

A Stuart

REGISTERED OFFICE:

21 Langlands Place

Kelvin South Industrial Estate

East Kilbride

G75 0YF

REGISTERED NUMBER:

SC272974 (Scotland)

ACCOUNTANTS:

Mark Toma & Company Limited

Chartered Accountants & Business Advisers

48 Nithsdale Road

Glasgow

G41 2AN

FIXED ASSETS

Tangible assets

2

152,660

180,601

CURRENT ASSETS

Stocks

182,000

166,000

Debtors

163,941

177,024

Cash at bank

392,808

262,496

738,749

605,520

CREDITORS

Amounts falling due within one year

3

239,108

264,154

NET CURRENT ASSETS

499,641

341,366

TOTAL ASSETS LESS CURRENT LIABILITIES

652,301

521,967

CREDITORS

Amounts falling due after more than one year

3

(43,668

)

(62,179

)

PROVISIONS FOR LIABILITIES

(3,916

)

(5,706

)

NET ASSETS

604,717

454,082

CAPITAL AND RESERVES

Called up share capital

4

75

75

Profit and loss account

604,642

454,007

SHAREHOLDERS' FUNDS

604,717

454,082

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 23 November 2015 and were signed on its behalf by:

Mrs A Stuart - Director

I Stuart - 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 etc

-

25% on cost and 15% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

262,871

Additions

7,514

At 30 September 2015

270,385

DEPRECIATION

At 1 October 2014

82,270

Charge for year

35,455

At 30 September 2015

117,725

NET BOOK VALUE

At 30 September 2015

152,660

At 30 September 2014

180,601

3.

CREDITORS

Creditors include an amount of £ 170,880 (30.9.14 - £ 203,056 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

£

50

A Ordinary

£1

50

50

25

B Ordinary

1.00

25

25

75

75

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors are amounts due to the directors.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Rf Global Solutions Limited for the year ended 30 September 2015 which comprise the Profit

and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance.

This report is made solely to the Board of Directors of Rf Global Solutions Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rf Global Solutions Limited and state those matters that we have agreed to state to the Board of Directors of Rf Global Solutions Limited, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at http://www.icas.org.uk/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Rf Global Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rf Global Solutions Limited. You consider that Rf Global Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Rf Global Solutions Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Mark Toma & Company Limited

Chartered Accountants & Business Advisers

48 Nithsdale Road

Glasgow

G41 2AN

23 November 2015