Residential Fire Sprinklers Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04037275 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED

31 JULY 2015

FOR

RESIDENTIAL FIRE SPRINKLERS LIMITED

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

A S Glynn

SECRETARY:

Mrs C S Dedman

REGISTERED OFFICE:

8 Knights Close

Bishops Stortford

Hertfordshire

CM23 4BZ

REGISTERED NUMBER:

04037275 (England and Wales)

ACCOUNTANTS:

Benten & Co

Chartered Certified Accountants

Abbey House

51 High Street

Saffron Walden

Essex

CB10 1AF

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

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three 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 Residential Fire Sprinklers Limited for the year ended 31 July 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Residential Fire Sprinklers Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Residential Fire Sprinklers Limited and state those matters that we have agreed to state to the director of Residential Fire Sprinklers Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants 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 the company and its director for our work or for this report.

It is your duty to ensure that Residential Fire Sprinklers 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 loss of Residential Fire Sprinklers Limited. You consider that Residential Fire Sprinklers 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 Residential Fire Sprinklers 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.

Benten & Co

Chartered Certified Accountants

Abbey House

51 High Street

Saffron Walden

Essex

CB10 1AF

1 April 2016

FIXED ASSETS

Tangible assets

2

15

20

CREDITORS

Amounts falling due within one year

5,718

5,377

NET CURRENT LIABILITIES

(5,718

)

(5,377

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,703

)

(5,357

)

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

(5,713

)

(5,367

)

SHAREHOLDERS' FUNDS

(5,703

)

(5,357

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2015 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 31 March 2016 and were signed by:

A S Glynn - 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).

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

-

25% on reducing balance

Deferred tax

No provision has been made for deferred taxation as no timing differences are expected between the

recognition of gains and losses in the financial statements and their recognition for corporation tax purposes.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

and 31 July 2015

597

DEPRECIATION

At 1 August 2014

577

Charge for year

5

At 31 July 2015

582

NET BOOK VALUE

At 31 July 2015

15

At 31 July 2014

20

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

10

ordinary

£1

10

10

4.	ULTIMATE CONTROLLING PARTY

5.	GOING CONCERN

The financial statements have been prepared on a going concern basis. In the opinion of the directors this is

appropriate because they have undertaken to continue to support the company. The directors' current accounts

are interest free and unsecured, and the directors will not withdraw these funds in the forthcoming year. The

directors have undertaken to introduce further funds if the need arises.

The directors expect, therefore, that the company will be able to meet its liabilities as they fall due.

If the company was unable to continue trading, adjustments would have to be made to reduce the value of the

assets to their recoverable amount, to provide for any further liabilities which might arise, and to reclassify

fixed assets and long-term liabilities as current assets and liabilities.