RSS Financial Consulting Limited - Period Ending 2016-05-31

RSS Financial Consulting Limited - Period Ending 2016-05-31


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Registration number: SC477249

RSS Financial Consulting Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 May 2016
 

Fitzsimons Accountancy Services Limited
Chartered Accountants
5 Station Road
Grangemouth
Stirlingshire
FK3 8DG

 

RSS Financial Consulting Limited
Contents

Accountants' Report

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

 

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
RSS Financial Consulting Limited
for the Year Ended 31 May 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of RSS Financial Consulting Limited for the year ended 31 May 2016 set out on pages 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 of Scotland, we are subject to its ethical and other professional requirements which are detailed at icas.org.uk/accountspreparationguidence.

This report is made solely to the Board of Directors of RSS Financial Consulting Limited, as a body, in accordance with the terms of our engagement letter dated 7 January 2015. Our work has been undertaken solely to prepare for your approval the accounts of RSS Financial Consulting Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at icas.org.uk/accountspreparationguidence. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RSS Financial Consulting Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that RSS Financial Consulting Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of RSS Financial Consulting Limited. You consider that RSS Financial Consulting 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 accounts of RSS Financial Consulting 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 accounts.

......................................

Fitzsimons Accountancy Services Limited
Chartered Accountants
5 Station Road
Grangemouth
Stirlingshire
FK3 8DG

22 February 2017

 

RSS Financial Consulting Limited
(Registration number: SC477249)
Abbreviated Balance Sheet at 31 May 2016

   

Note

   

31 May 2016
£

   

31 May 2015
£

 

Current assets

 

             

Debtors

 

   

2,290

   

-

 

Cash at bank and in hand

 

   

9,464

   

3,838

 
   

   

11,754

   

3,838

 

Creditors: Amounts falling due within one year

 

   

(11,158)

   

(17,976)

 

Net assets/(liabilities)

 

   

596

   

(14,138)

 

Capital and reserves

 

             

Called up share capital

 

2

   

100

   

100

 

Profit and loss account

 

   

496

   

(14,238)

 

Shareholders' funds/(deficit)

 

   

596

   

(14,138)

 

For the year ending 31 May 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 22 February 2017 and signed on its behalf by:

.........................................
Mr Robert Stuart Seaton
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

 

RSS Financial Consulting Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2016
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

2

Share capital

Allotted, called up and fully paid shares

 

31 May 2016

31 May 2015

   

No.

   

£

   

No.

   

£

 

Ordinary shares of £1 each

 

100

   

100

   

100

   

100

 
                         
 

RSS Financial Consulting Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2016
......... continued