RCM_EQUIPMENT_(UK)_LIMITE - Accounts

RCM EQUIPMENT (UK) LIMITED - Company Information

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Company Registration No. 08791340 (England and Wales)

RCM EQUIPMENT (UK) LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

RCM EQUIPMENT (UK) LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

RCM EQUIPMENT (UK) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

49,155

35,846

Current assets

Debtors

1,386

524

Cash at bank and in hand

349

1,426

873

Creditors: amounts falling due within one year

(116,935)

(57,501)

Net current liabilities

(115,509)

(56,628)

Total assets less current liabilities

(66,354)

(20,782)

Capital and reserves

Called up share capital

100

Profit and loss account

(66,454)

(20,882)

Shareholders' funds

(66,354)

(20,782)

For the financial year ended 31 December 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 member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 17 February 2016

Mr A Baines

Director

Company Registration No. 08791340

RCM EQUIPMENT (UK) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

25% on cost

Computer equipment

3 years straight line

Fixtures, fittings & equipment

25% on cost

Motor vehicles

25% on cost

Fixed assets

Tangible assets

Cost

At 1 January 2015

48,436

Additions

36,992

Disposals

(2,450)

At 31 December 2015

82,978

Depreciation

At 1 January 2015

12,590

On disposals

(362)

Charge for the year

21,595

At 31 December 2015

33,823

Net book value

At 31 December 2015

49,155

At 31 December 2014

35,846

RCM EQUIPMENT (UK) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100