RFSA Consulting Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07629390 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st May 2014

for

RFSA Consulting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Dr B Minnis

SECRETARY:

Mrs P M Minnis

REGISTERED OFFICE:

16 Dene Tye

Pound Hill

Crawley

West Sussex

RH10 7TS

REGISTERED NUMBER:

07629390 (England and Wales)

ACCOUNTANTS:

Cheeld Wheeler & Co

Chartered Certified Accountants

Robert Denholm House

Bletchingley Road

Nutfield

Redhill

Surrey

RH1 4HW

FIXED ASSETS

Intangible assets

2

1,500

3,000

Tangible assets

3

-

362

1,500

3,362

CURRENT ASSETS

Debtors

2

-

Cash at bank

45,353

23,905

45,355

23,905

CREDITORS

Amounts falling due within one year

10,833

7,737

NET CURRENT ASSETS

34,522

16,168

TOTAL ASSETS LESS CURRENT LIABILITIES

36,022

19,530

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

35,922

19,430

SHAREHOLDERS' FUNDS

36,022

19,530

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2014 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 10th July 2014 and were signed by:

Dr B Minnis - 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 revenue recognised in the accounts. Revenue is recognised when the company fulfils its

contractual obligations to customers by supplying goods and services, and excludes value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of four years.

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

-

50% on cost

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2013

and 31st May 2014

6,000

AMORTISATION

At 1st June 2013

3,000

Amortisation for year

1,500

At 31st May 2014

4,500

NET BOOK VALUE

At 31st May 2014

1,500

At 31st May 2013

3,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2013

and 31st May 2014

1,573

DEPRECIATION

At 1st June 2013

1,211

Charge for year

362

At 31st May 2014

1,573

NET BOOK VALUE

At 31st May 2014

-

At 31st May 2013

362

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Dr B Minnis.