R And B Industrial Limited - Abbreviated accounts 16.3
R And B Industrial Limited - Abbreviated accounts 16.3
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2016 |
FOR |
R AND B INDUSTRIAL LIMITED |
R AND B INDUSTRIAL LIMITED (REGISTERED NUMBER: 05418516) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
for the year ended 30 April 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
Chartered Accountants' Report | 5 |
R AND B INDUSTRIAL LIMITED |
COMPANY INFORMATION |
for the year ended 30 April 2016 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
BANKERS: |
R AND B INDUSTRIAL LIMITED (REGISTERED NUMBER: 05418516) |
ABBREVIATED BALANCE SHEET |
30 April 2016 |
30.4.16 | 30.4.15 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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 were approved by the Board of Directors on |
R AND B INDUSTRIAL LIMITED (REGISTERED NUMBER: 05418516) |
NOTES TO THE ABBREVIATED ACCOUNTS |
for the year ended 30 April 2016 |
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 is the amount receivable for the provision of goods and services falling within the company's ordinary |
activities, excluding value added tax. |
Profit is recognised on long-term contracts when the final outcome can be assessed with reasonable certainty by |
including turnover and related costs within the profit and loss account dependent upon the stage of completion of |
the contract at the balance sheet date. |
In respect of maintenance contracts, turnover relating to the period after the balance sheet date is deferred in |
order to match it against future costs as incurred. |
Goodwill |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Stocks |
The company holds stock of materials and consumables. Materials consists of goods purchased for specific |
works and standard parts associated with the company's trade. As materials and consumables are not subject to |
either physical or technological obsolescence they are value at cost. |
Standard parts are issued on a first in first out basis. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet date. |
Research and development |
Expenditure on research and development is written off in the year in which it is incurred. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to the profit and loss account in the period to which they relate. |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 May 2015 |
and 30 April 2016 |
AMORTISATION |
At 1 May 2015 |
and 30 April 2016 |
NET BOOK VALUE |
At 30 April 2016 |
At 30 April 2015 |
R AND B INDUSTRIAL LIMITED (REGISTERED NUMBER: 05418516) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
for the year ended 30 April 2016 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 May 2015 |
Additions |
At 30 April 2016 |
DEPRECIATION |
At 1 May 2015 |
Charge for year |
At 30 April 2016 |
NET BOOK VALUE |
At 30 April 2016 |
At 30 April 2015 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.4.16 | 30.4.15 |
value: | £ | £ |
Ordinary A | £1 |
Ordinary B | £1 |
Ordinary C | £1 |
Ordinary D | £1 |
1,000 | 1,000 |
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
R AND B INDUSTRIAL LIMITED |
The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) |
have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of R And B Industrial Limited for the year ended 30 April 2016 which comprise the Profit and Loss |
Account, the Balance Sheet and the related notes from the company's accounting records and from information and |
explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of R And B Industrial Limited, as a body, in accordance with the terms of our engagement letter dated 7 September 2005. Our work has been undertaken solely to prepare for your approval the financial statements of R And B Industrial Limited and state those matters that we have agreed to state to the Board of Directors of R And B Industrial Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R And B Industrial Limited Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that R And B Industrial Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of R And B Industrial Limited. You consider that R And B Industrial Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of R And B Industrial Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
31 January 2017 |