RSB Ceilings & Partitions Ltd - Limited company accounts 16.1

REGISTERED NUMBER: 06802071 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 January 2016

for

RSB Ceilings & Partitions Ltd

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

Mrs L Whitehead

SECRETARY:

REGISTERED OFFICE:

West View Farm

Collingham Road

Newark

Nottinghamshire

NG23 7HP

REGISTERED NUMBER:

06802071 (England and Wales)

The director presents her report with the financial statements of the company for the year ended 31 January 2016.

INCORPORATION

The company was incorporated on 26 January 2009 .

DIRECTOR

Mrs L Whitehead held office during the whole of the period from 1 February 2015 to the date of this report.

The director, being eligible, offers herself for election at the forthcoming first Annual General

Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act

2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mrs L Whitehead - Director

25 October 2016

TURNOVER

187,744

Cost of sales

172,403

GROSS PROFIT

15,341

Administrative expenses

6,783

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION

2

8,558

Tax on profit on ordinary activities

3

1,712

PROFIT FOR THE FINANCIAL YEAR

6,846

CURRENT ASSETS

Debtors

4

464

Cash at bank

5,676

6,140

CREDITORS

Amounts falling due within one year

5

31,558

NET CURRENT LIABILITIES

(25,418

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(25,418

)

RESERVES

Profit and loss account

6

(25,418

)

(25,418

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the director on 25 October 2016 and were signed by:

Mrs L Whitehead - 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	OPERATING PROFIT

The operating profit is stated after charging:

£

Director's remuneration and other benefits etc

-

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the year was as follows:

£

Current tax:

UK corporation tax

1,712

Tax on profit on ordinary activities

1,712

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

464

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

22,203

VAT

9,355

31,558

6.

RESERVES

Profit

and loss

account

£

Profit for the year

6,846

Dividends

(32,264

)

At 31 January 2016

(25,418

)