Riders Choice Limited Small abridged accounts

Riders Choice Limited Small abridged accounts


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STATEMENT OF CONSENT TO PREPARE ABRIDGED FINANCIAL STATEMENTS
All of the members of Riders Choice Limited have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 31 December 2016 in accordance with Section 444(2A) of the Companies Act 2006.
COMPANY REGISTRATION NUMBER: 04577967
RIDERS CHOICE LIMITED
FILLETED UNAUDITED ABRIDGED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 December 2016
RIDERS CHOICE LIMITED
ABRIDGED FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2016
Contents
Page
Officers and Professional Advisers
1
Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements
2
Abridged Statement of Financial Position
3
Notes to the Abridged Financial Statements
4
RIDERS CHOICE LIMITED
OFFICERS AND PROFESSIONAL ADVISERS
The Board of Directors
M Woods
R Dornan
Company Secretary
M Woods
Registered Office
406 Fort Dunlop
Birmingham
West Midlands
B24 9FD
Accountants
Langard Lifford Hall Limited
Accountants and Registered Auditors
Lifford Hall
Lifford Lane
Kings Norton
Birmingham
B30 3JN
RIDERS CHOICE LIMITED
REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ABRIDGED FINANCIAL STATEMENTS OF RIDERS CHOICE LIMITED
YEAR ENDED 31 DECEMBER 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of Riders Choice Limited for the year ended 31 December 2016, which comprise the abridged statement of financial position 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Langard Lifford Hall Limited Accountants and Registered Auditors
Lifford Hall Lifford Lane Kings Norton Birmingham B30 3JN
21 March 2017
RIDERS CHOICE LIMITED
ABRIDGED STATEMENT OF FINANCIAL POSITION
31 December 2016
2016
2015
Note
£
£
£
£
Current Assets
Cash at bank and in hand
100
100
------------
------------
Net Current Assets
100
100
------------
------------
Total Assets Less Current Liabilities
100
100
------------
------------
Capital and Reserves
Called up share capital
100
100
------------
------------
Members Funds
100
100
------------
------------
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
The company did not trade during the current year or prior year and has not made either a profit or loss.
For the year ending 31 December 2016 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
These abridged financial statements were approved by the board of directors and authorised for issue on 21 March 2017 , and are signed on behalf of the board by:
M Woods
Director
Company registration number: 04577967
RIDERS CHOICE LIMITED
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2016
1. General Information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 406 Fort Dunlop, Birmingham, West Midlands, B24 9FD.
2. Statement of Compliance
These abridged financial statements have been prepared in compliance with the provisions of FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting Policies
Basis of Preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Income Statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these abridged financial statements. There have been no movements in members funds during the current year or prior year.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities .
4. Related Party Transactions
Controlling entity The company was controlled by M Woods and R Dornan by virtue of their directorship and shareholding in the ultimate parent company, Mers Ins Limited. Related party transactions No transactions with related parties were undertaken such as are required to be disclosed under FRS 102.
5. Controlling Party
The intermediate parent company was Premium Choice Limited and the ultimate parent company was Mers Ins Limited , both companies are registered in England. The financial statements of Mers Ins Limited can be obtained from Companies House.