RWC Services Limited,Ltd - Accounts

RWC Services Limited,Ltd - Accounts

RWC SERVICES LIMITED - Company Information

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2014-12-01 true false Private Limited Company 06388820 2015-11-30 06388820 2014-12-01 2015-11-30 06388820 2014-11-30 06388820 2013-12-01 2014-11-30 06388820 uk-bus:Director1 2014-12-01 2015-11-30 06388820 uk-gaap:PlantMachinery 2014-12-01 2015-11-30 06388820 uk-gaap:Vehicles 2014-12-01 2015-11-30 iso4217:GBP
RWC Services Limited
For the year ended 30 November 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06388820
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Contents Page
RWC Services Limited
For the year ended 30 November 2015
1
Accountants' Report
2
Balance Sheet
3
Notes to the Abbreviated Financial Statements
3
RWC Services Limited
Accountants' Report
For the year ended 30 November 2015
In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the accounts of
RWC Services Limited for the year ended 30 November 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 firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other
professional requirements which are detailed at http://rulebook.accaglobal.com.
This report is made solely to the Board of Directors of RWC Services Limited. Our work has been undertaken solely to
prepare for your approval the accounts of RWC Services Limited and state those matters that we have agreed to state to
the Board of Directors of RWC Services Limited, as a body, in this report in accordance with the requirements of the
Association of Chartered Certified Accountants and as detailed at http://www.accaglobal.com/factsheet163. To the fullest
extent permitted by law, we do not accept or assume responsibility to anyone other than RWC Services Limited and its
Board of Directors as a body for our work or for this report.
It is your duty to ensure that RWC Services Limited has kept adequate accounting records and to prepare statutory
accounts that give a true and fair view of the assets, liabilities, financial position and profit of RWC Services Limited. You
consider that RWC Services Limited is exempt from the statutory audit requirement for the year.
Steve Pye & Co.
Chartered Certified Accountants
The Pink House
Estuary Road
King's Lynn
PE30 2HJ
24 February 2016
Dated:
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Abbreviated Balance Sheet
RWC Services Limited
As at 30 November 2015
06388820
Registered Number :
£
£
2015
Notes
2014
Fixed assets
Tangible assets
2
3,243
4,324
3,243
4,324
Current assets
Stocks
221
922
Debtors
2,355
7,142
Cash at bank and in hand
4,929
3,998
12,993
6,574
Creditors: amounts falling due within one year
(9,612)
(14,869)
(3,038)
(1,876)
Net current liabilities
Total assets less current liabilities
1,367
1,286
(649)
(865)
Provisions for liabilities
718
Net assets
421
Capital and reserves
Called up share capital
1
1
Profit and loss account
717
420
718
421
Shareholders funds
For the year ended 30 November 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Date approved by the board: 24 February 2016
Mr Raymond Cubitt Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
RWC Services Limited
For the year ended 30 November 2015
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the
shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
Motor Vehicles
25% Reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
14,208
At 01 December 2014
At 30 November 2015
14,208
Depreciation
9,884
At 01 December 2014
1,081
Charge for year
10,965
At 30 November 2015
Net book values
At 30 November 2015
3,243
4,324
At 30 November 2014
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