React Support Services Limited - Accounts to registrar - small 16.1.1
React Support Services Limited - Accounts to registrar - small 16.1.1
| React Support Services Limited |
| Financial Statements for the Year Ended 31 December 2015 |
| React Support Services Limited |
| Company Information |
| for the Year Ended 31 December 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Radnor House |
| Greenwood Close |
| Cardiff Gate Business Park |
| Cardiff |
| CF23 8AA |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| React Support Services Limited |
| The following reproduces the text of the report prepared for the directors and members in respect of |
| the company's annual unaudited financial statements. In accordance with the Companies Act 2006, |
| the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss |
| Account and certain other primary statements and the Report of the Directors are not required to be |
| filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your |
| approval the financial statements of React Support Services Limited for the year ended 31 December 2015 |
| which comprise the Income statement, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of React Support Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of React Support Services Limited and state those matters that we have agreed to state to the Board of Directors of React Support Services Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that React Support Services 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 profit of React Support Services Limited. You consider that React Support Services 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 React Support Services 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. |
| Chartered Accountants |
| React Support Services Limited (Registered number: 06841337) |
| Balance Sheet |
| 31 December 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors: amounts falling due within one year |
5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| React Support Services Limited (Registered number: 06841337) |
| Balance Sheet - continued |
| 31 December 2015 |
| The directors acknowledge their 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. |
| In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
| The financial statements were approved by the Board of Directors on behalf by: |
| React Support Services Limited (Registered number: 06841337) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2015 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard |
| 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose |
| related party transactions with wholly owned subsidiaries within the group. |
| Turnover |
| Turnover represents net invoiced sales of specialist residential care services. |
| Tangible fixed assets |
| Freehold property | - |
| Leasehold property | - |
| Furniture, fixtures & fittings | - |
| Computer equipment | - |
| Deferred tax |
| Full provision is made for deferred taxation resulting from material timing differences between the |
| recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred |
| taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the |
| periods when the timing differences will reverse. |
| Hire purchase and leasing commitments |
| Assets held under finance leases and hire purchase contracts, which are those where substantially all |
| the risks and rewards of ownership of the asset have passed to the company, are capitalised in the |
| balance sheet and depreciated over their useful lives. |
| The interest element of the rental obligations is charged to the profit and loss account over the period |
| of the lease and represents a constant proportion of the balance of capital repayments outstanding. |
| Rentals paid under operating leases are charged to income on a straight line basis over the lease |
| term. |
| Pension costs |
| The company operates a defined contribution pension scheme. Contributions payable to the |
| company's pension scheme are charged to profit or loss in the period to which they relate. |
| React Support Services Limited (Registered number: 06841337) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2015 |
| 2. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 3. | TANGIBLE FIXED ASSETS |
| Furniture, |
| Freehold | Leasehold | fixtures | Computer |
| property | property | & fittings | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 January 2015 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 December 2015 |
| DEPRECIATION |
| At 1 January 2015 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 December 2015 |
| NET BOOK VALUE |
| At 31 December 2015 |
| At 31 December 2014 |
| 4. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 January 2015 |
| Additions |
| At 31 December 2015 |
| NET BOOK VALUE |
| At 31 December 2015 |
| At 31 December 2014 |
| React Support Services Limited (Registered number: 06841337) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2015 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2015 | 2014 |
| £ | £ |
| Trade debtors |
| Other debtors & prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2015 | 2014 |
| £ | £ |
| Bank loan |
| Hire purchase contracts |
| Trade creditors |
| Taxes & social security costs |
| Other creditors & accruals |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2015 | 2014 |
| £ | £ |
| Bank loans |
| Hire purchase contracts |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2015 | 2014 |
| £ | £ |
| Bank loans |
| Hire purchase contracts |