Rymack Sign Solutions Limited - Limited company - abbreviated - 11.9
Rymack Sign Solutions Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Abbreviated Accounts for the Year Ended 31 July 2015 |
| for |
| Rymack Sign Solutions Limited |
| Rymack Sign Solutions Limited (Registered number: 05806281) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 July 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Rymack Sign Solutions Limited |
| Company Information |
| for the Year Ended 31 July 2015 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Rymack Sign Solutions Limited (Registered number: 05806281) |
| Abbreviated Balance Sheet |
| 31 July 2015 |
| 31.7.15 | 31.7.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| ACCRUALS AND DEFERRED INCOME | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Capital redemption reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| Rymack Sign Solutions Limited (Registered number: 05806281) |
| Abbreviated Balance Sheet - continued |
| 31 July 2015 |
| The financial statements were approved by the director on |
| Rymack Sign Solutions Limited (Registered number: 05806281) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 July 2015 |
| 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 net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
| under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
| are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant period. The |
| capital element of the future payments is treated as a liability. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 August 2014 |
| Additions |
| At 31 July 2015 |
| DEPRECIATION |
| At 1 August 2014 |
| Charge for year |
| At 31 July 2015 |
| NET BOOK VALUE |
| At 31 July 2015 |
| At 31 July 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.7.15 | 31.7.14 |
| value: | £ | £ |
| Ordinary | £1 |
| Rymack Sign Solutions Limited (Registered number: 05806281) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 July 2015 |
| 4. | TRANSACTIONS WITH DIRECTORS |
| D McMurray operates a current account to which transactions of a private nature are charged. Included in other |
| debtors at 31st July 2015 is £9,743 (2014 £21,944).The loan was unsecured and interest was charged at |
| 3.25%/3%. |
| 5. | RELATED PARTY DISCLOSURES |
| D McMurray is also a director of Phoenix Fire Inhibitor Limited. Included in creditors as at 31st July 2015 is |
| £440,601 (2014 £214,360) owing to Phoenix Fire Inhibitor Limited. During the year Rymack Sign Solutions |
| Limited purchased goods from Phoenix Fire Inhibitor Limited valued at £232,626 (2014 £468,449). All |
| transactions were conducted at arms length basis. |
| D McMurray is also a director of Rymack Management Company Limited. Included in debtors at 31st July 2015 |
| is £170,960 (2014 £300) owed from Rymack Management Company Limited. |
| D McMurray is also a director of PFI Property Solutions Ltd. Included in other debtors at 31st July 2015 is |
| £497,376 owed from PFI Property Solutions Ltd. |
| D McMurray is also a director of GB Sign Solutions Ltd. Included in other debtors at 31st July 2015 is £49,036 |
| owed from GB Sign Solutions Ltd. |
| 6. | ULTIMATE CONTROLLING PARTY |
| D McMurray is the ultimate controlling party. |