RTS Solutions (Holdings) Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 09199052 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

RTS Solutions (Holdings) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S Williams

REGISTERED OFFICE:

9 Chestnut Avenue

Wokingham

Berkshire

RG41 3HW

REGISTERED NUMBER:

09199052 (England and Wales)

ACCOUNTANTS:

J & C Accountants Ltd

Overdene House

49 Church Street

Theale

Reading

Berkshire

RG7 5BX

FIXED ASSETS

Investments

2

1,492,810

CURRENT ASSETS

Debtors

49,624

-

Cash at bank

94

100

49,718

100

CREDITORS

Amounts falling due within one year

61,208

231,590

NET CURRENT LIABILITIES

(11,490

)

(231,490

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,481,320

1,261,320

CAPITAL AND RESERVES

Called up share capital

3

1

Share premium

741,374

Profit and loss account

739,945

519,945

SHAREHOLDERS' FUNDS

1,481,320

1,261,320

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 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 19 December 2016 and were signed by:

S Williams - 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).

Deferred tax

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

at the balance sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

and 31 March 2016

1,492,810

NET BOOK VALUE

At 31 March 2016

1,492,810

At 31 March 2015

1,492,810

The company's investments at the Balance Sheet date in the share capital of companies include the

following:

RTS Solutions (UK) Ltd

Nature of business: developing and selling software and products to

%

Class of shares:

holding

Ordinary

100.00

31.3.16

31.3.15

£

Aggregate capital and reserves

92,674

256,283

Profit for the year/period

56,391

192,119

On 12 September 2014 the company purchased the entire share capital of RTS Solutions (UK) Ltd, a

company registered in England and Wales.

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

1

Ordinary

£1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 March 2016 and

the period ended 31 March 2015:

31.3.16

31.3.15

£

S Williams

Balance outstanding at start of year

-

Amounts advanced

49,625

-

Amounts repaid

-

Balance outstanding at end of year

49,625

-

The overdrawn Director's loan account was repaid in full within nine months of the year end.

5.	CONTROLLING PARTY

The company is owned and controlled by S Williams, the director and shareholder of the company.