R C R Engineering Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07065141 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2015

FOR

R C R ENGINEERING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

DIRECTOR:

Mr R C Reis

REGISTERED OFFICE:

Priory House

2 Priory Road

Dudley

West Midlands

DY1 1HH

REGISTERED NUMBER:

07065141 (England and Wales)

ACCOUNTANTS:

Poole Waterfield Limited

Priory House

2 Priory Road

Dudley

West Midlands

DY1 1HH

BANKERS:

HSBC

PO Box 33

Queen Square

Wolverhampton

West Midlands

WV1 1TE

FIXED ASSETS

Tangible assets

2

28,090

23,729

CURRENT ASSETS

Stocks

13,400

11,300

Debtors

85,945

78,419

Cash at bank and in hand

103,542

94,797

202,887

184,516

CREDITORS

Amounts falling due within one year

68,553

57,791

NET CURRENT ASSETS

134,334

126,725

TOTAL ASSETS LESS CURRENT
LIABILITIES

162,424

150,454

PROVISIONS FOR LIABILITIES

3,897

2,647

NET ASSETS

158,527

147,807

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

158,526

147,806

SHAREHOLDERS' FUNDS

158,527

147,807

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 10 August 2016 and were signed by:

Mr R C Reis - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

39,527

Additions

8,150

At 30 November 2015

47,677

DEPRECIATION

At 1 December 2014

15,798

Charge for year

3,789

At 30 November 2015

19,587

NET BOOK VALUE

At 30 November 2015

28,090

At 30 November 2014

23,729

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.15

30.11.14

value:

£

1

Ordinary

£1

1