Company Registration No. 05391899 (England and Wales)
Rapid Corporate Services Limited
Unaudited accounts
for the year ended 31 March 2017
Rapid Corporate Services Limited
Unaudited accounts
Contents
Rapid Corporate Services Limited
Company Information
for the year ended 31 March 2017
Directors
G Turner
J Turner
Company Number
05391899 (England and Wales)
Registered Office
FANSHAWE HOUSE PIONEER BUSINESS PARK
AMY JOHNSON WAY
YORK
YO30 4TN
Rapid Corporate Services Limited
Statement of financial position
as at 31 March 2017
Cash at bank and in hand
16,063
6,762
Creditors: amounts falling due within one year
(10,939)
(1,823)
Net current assets
5,124
4,939
Total assets less current liabilities
5,124
4,939
Creditors: amounts falling due after more than one year
(5,000)
(5,000)
Net assets/(liabilities)
124
(61)
Called up share capital
2
2
Profit and loss account
122
(63)
Shareholders' funds
124
(61)
For the year ending 31 March 2017 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 22 November 2017.
G Turner
Director
Company Registration No. 05391899
Rapid Corporate Services Limited
Notes to the Accounts
for the year ended 31 March 2017
Rapid Corporate Services Limited is a private company, limited by shares, registered in England and Wales, registration number 05391899. The registered office and principal place of business is FANSHAWE HOUSE PIONEER BUSINESS PARK, AMY JOHNSON WAY, YORK, YO30 4TN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Creditors: amounts falling due within one year
2017
2016
Trade creditors
10,671
1,573
5
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
5,000
5,000
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
7
Average number of employees
During the year the average number of employees was 2 (2016: 2).
