RBS_ASSOCIATES_LIMITED - Accounts

RBS ASSOCIATES LIMITED - Company Information

Print Friendly Version

Company Registration No. 09406486 (England and Wales)

RBS ASSOCIATES LIMITED

ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 MARCH 2016

Richard Anthony

Chartered Accountants

RBS ASSOCIATES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

RBS ASSOCIATES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

Notes

Fixed assets

Investments

168

Current assets

Debtors

44,725

Investments

100

Cash at bank and in hand

3,844

48,669

Creditors: amounts falling due within one year

(9,775)

Net current assets

38,894

Total assets less current liabilities

39,062

Capital and reserves

Called up share capital

100

Profit and loss account

38,962

Shareholders' funds

39,062

For the financial Period ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 11 October 2016

R Simons

Director

Company Registration No. 09406486

RBS ASSOCIATES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for services net of VAT and trade discounts.

1.4

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

Current asset investments are stated at the lower of cost and net realisable value.

1.5

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

Fixed assets

Investments

Cost

At 26 January 2015

Additions

168

At 31 March 2016

168

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Lexcross Developments Limited

Ordinary

50.00

Commercial & Residential Estates Limited

Ordinary

100.00

Participating interests

Residential & Comercial Estates Limited

Ordinary

34.00

REL Winchester

Ordinary

33.00

RBS ASSOCIATES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 31 MARCH 2016

Fixed assets

(Continued)

- 3 -

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2016

Principal activity

Lexcross Developments Limited

Dormant

Commercial & Residential Estates Limited

Dormant

Residential & Comercial Estates Limited

Property Development

(21,766,342)

(21,776,342)

REL Winchester

Property Development

6,485

7,251

Share capital

2016

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100