Paul Rocker Services Limited - Period Ending 2017-01-31

Registration number: 09379492

Paul Rocker Services Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 January 2017

Paul Rocker Services Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 5

Paul Rocker Services Limited

(Registration number: 09379492)
Balance Sheet as at 31 January 2017

	Note	2017 £	2016 £
Fixed assets
Tangible assets	4	807	-
Current assets
Stocks	5	-	45
Debtors	6	14,176	10,096
Cash at bank and in hand		16	138
		14,192	10,279
Creditors: Amounts falling due within one year	7	(13,004)	(7,812)
Net current assets		1,188	2,467
Net assets		1,995	2,467
Capital and reserves
Called up share capital		100	100
Profit and loss account		1,895	2,367
Total equity		1,995	2,467

For the financial year ending 31 January 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 27 October 2017
 

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

Mr P P Rocker

Director

The notes on pages 2 to 5 form an integral part of these financial statements.

Page 1

Paul Rocker Services Limited

Notes to the Financial Statements for the Year Ended 31 January 2017

1	General information

The company is a private company limited by share capital incorporated in England and Wales.

The address of its registered office is:
2 Old Bath RoadNewbury
Berkshire
RG14 1QL
England

The principal place of business is:
The County Ground Hotel
115 County Road
Swindon
Wiltshire
SN1 2EB
United Kingdom

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
	25% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Page 2

Paul Rocker Services Limited

Notes to the Financial Statements for the Year Ended 31 January 2017

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2016 - 2).

Page 3

Paul Rocker Services Limited

Notes to the Financial Statements for the Year Ended 31 January 2017

4	Tangible assets

	Other property, plant and equipment  £	Total £
Cost or valuation
Additions	875	875
At 31 January 2017	875	875
Depreciation
Charge for the period	68	68
At 31 January 2017	68	68
Carrying amount
At 31 January 2017	807	807

5

Stocks

	2017 £	2016 £
Other inventories	-	45

6

Debtors

	2017 £	2016 £
Other debtors	14,176	10,096
Total current trade and other debtors	14,176	10,096

7

Creditors

	Note	2017 £	2016 £
Due within one year
Trade creditors		73	-
Taxation and social security		5,435	3,149
Other creditors		7,496	4,663
		13,004	7,812

Page 4

Paul Rocker Services Limited

Notes to the Financial Statements for the Year Ended 31 January 2017

8	Related party transactions

Transactions with directors

Dividends paid to directors

	2017 £	2016 £
Mr P P Rocker
	11,303	5,580

Other transactions with directors

P P Rocker had a loan with the company. At the balance sheet date the amount due from P P Rocker was £12,227 (2016: £10,096)

9	Transition to FRS 102

There were no changes required as a result of transition to FRS 102.

Page 5