Rapid Accounting Services Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04205353 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

Rapid Accounting Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTOR:

Ms G Crouch

SECRETARY:

REGISTERED OFFICE:

11, Gypsy Lane

Marlow

Buckinghamshire

SL7 3JT

REGISTERED NUMBER:

04205353 (England and Wales)

ACCOUNTANTS:

Rapid Accounting Services Ltd

11, Gypsy Lane

Marlow

Buckinghamshire

SL7 3JT

FIXED ASSETS

Intangible assets

2

1,749

3,849

Tangible assets

3

262

1,793

2,011

5,642

CURRENT ASSETS

Debtors

3,817

8,101

Cash at bank

8,182

2,192

11,999

10,293

CREDITORS

Amounts falling due within one year

13,598

14,586

NET CURRENT LIABILITIES

(1,599

)

(4,293

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

412

1,349

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

312

1,249

SHAREHOLDERS' FUNDS

412

1,349

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 20 June 2017 and were signed by:

Ms G Crouch - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding 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.

Deferred tax

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

reversed at the balance sheet date.

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 October 2015

and 30 September 2016

8,399

AMORTISATION

At 1 October 2015

4,550

Amortisation for year

2,100

At 30 September 2016

6,650

NET BOOK VALUE

At 30 September 2016

1,749

At 30 September 2015

3,849

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

10,937

DEPRECIATION

At 1 October 2015

9,144

Charge for year

1,531

At 30 September 2016

10,675

NET BOOK VALUE

At 30 September 2016

262

At 30 September 2015

1,793

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

100

Ordinary

1

100

The following reproduces the text of the report prepared for the director in respect of the

company's annual unaudited financial statements, from which the unaudited abbreviated

accounts (set out on pages two to five) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2016 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Rapid Accounting Services Ltd

11, Gypsy Lane

Marlow

Buckinghamshire

SL7 3JT

Date: .............................................