R W Tech Services Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC397761 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2015

for

R W Tech Services Limited

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

15,103

3,200

CURRENT ASSETS

Stocks

7,500

3,500

Debtors

33,901

5,953

Cash at bank

274

1,744

41,675

11,197

CREDITORS

Amounts falling due within one year

3

(43,198

)

(13,797

)

NET CURRENT LIABILITIES

(1,523

)

(2,600

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,580

600

CREDITORS

Amounts falling due after more than one year

3

(10,132

)

-

PROVISIONS FOR LIABILITIES

(3,020

)

-

NET ASSETS

428

600

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

328

500

SHAREHOLDERS' FUNDS

428

600

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 27 January 2016 and were signed on its behalf by:

Mr R Wood - Director

Mrs A Wood - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under applicable law and United Kingdom Accounting Standards

(United Kingdom Generally Accepted Accounting Practice) and in accordance with the Financial Reporting

Standard for Smaller Entities (effective April 2008).

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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods and services in respect of aerial and satellite maintenance and

installation, excluding value added tax. Sales are recognised at the point at which the goods are delivered or the

service is complete.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

20% on reducing balance

Tangible fixed assets are stated at cost less depreciation. Cost represent purchase price together with any

incidental costs of acquisition.

Stocks

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

moving items. Cost is represented by purchase price.

Deferred tax

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

sheet date, where transactions or events that result in an obligation to pay more or a right to pay less tax in the

future have occurred by the balance sheet date with certain limited exceptions.

Deferred tax is calculated on an undiscounted basis at the tax rates that are expected to apply in the periods in

which the timing differences are expected to reverse, based on tax rates and laws enacted or substantively

enacted at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

4,000

Additions

13,216

At 30 April 2015

17,216

DEPRECIATION

At 1 May 2014

800

Charge for year

1,313

At 30 April 2015

2,113

NET BOOK VALUE

At 30 April 2015

15,103

At 30 April 2014

3,200

3.

CREDITORS

Creditors include an amount of £ 12,775 (30.4.14 - £ 1,577 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

£

100

Ordinary

£1

100

100