RTS35 Ltd - Abbreviated accounts 16.3

RTS35 Ltd - Abbreviated accounts 16.3

RTS35 LTD - Company Information

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REGISTERED NUMBER: 08896648 (England and Wales)











RTS35 LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016






RTS35 LTD (REGISTERED NUMBER: 08896648)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016










Page

Company Information 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

RTS35 LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2016







DIRECTOR: Mr R T Sharman





REGISTERED OFFICE: 20 Broadstone Way
Clifton Moor
York
YO30 4UF





REGISTERED NUMBER: 08896648 (England and Wales)





ACCOUNTANTS: UHY Calvert Smith
Chartered Accountants
31 St Saviourgate
York
North Yorkshire
YO1 8NQ
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RTS35 LTD (REGISTERED NUMBER: 08896648)

ABBREVIATED BALANCE SHEET
31 MARCH 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 2,164 853

CURRENT ASSETS
Debtors 3 97,853 2,512
Cash at bank 10,799 7,356
108,652 9,868
CREDITORS
Amounts falling due within one year 106,530 14,555
NET CURRENT ASSETS/(LIABILITIES) 2,122 (4,687 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
4,286
(3,834
)

PROVISIONS FOR LIABILITIES 433 -
NET ASSETS/(LIABILITIES) 3,853 (3,834 )

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 3,753 (3,934 )
SHAREHOLDERS' FUNDS 3,853 (3,834 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 notes form part of these abbreviated accounts

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RTS35 LTD (REGISTERED NUMBER: 08896648)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2016


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 11 December 2016 and were signed by:





Mr R T Sharman - Director


The notes form part of these abbreviated accounts

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RTS35 LTD (REGISTERED NUMBER: 08896648)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The company depends on support from the director to meet its day to day working capital
requirements. This support is expected to continue for the foreseeable future. On this basis the
director considers it appropriate to prepare the financial statements on a going concern basis. The
financial statements do not include any adjustment that would result from a withdrawal of financial
support.

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 supplies of goods and fees for IT work done, where the right to revenue exists,
net of 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 - 25% on net book value
Computer equipment - 33.3% on reducing balance

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

A net deferred tax asset is regarded as recoverable, and therefore recognised, only when it can be
regarded as more likely than not that there will be suitable taxable profits from which the future
reversal of the underlying timing differences can be deducted.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

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RTS35 LTD (REGISTERED NUMBER: 08896648)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2016


2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 1,154
Additions 1,908
At 31 March 2016 3,062
DEPRECIATION
At 1 April 2015 301
Charge for year 597
At 31 March 2016 898
NET BOOK VALUE
At 31 March 2016 2,164
At 31 March 2015 853

3. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 0 (2015 - £ 955 )

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100

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