RMC Source Engineering Limited
RMC Source Engineering Limited
Registered number: 08977532
Director's Report and
Unaudited Financial Statements
For The Year Ended 31 March 2017
Greenwood Barton Limited
RMC Source Engineering Limited
Director's Report and Unaudited Financial Statements
For The Year Ended 31 March 2017
Director's Report and Unaudited Financial Statements
Contents | |
Page | |
---|---|
Company Information | 1 |
Director's Report | 2 |
Accountant's Report | 3 |
Dormant Profit and Loss Account Statement | 4 |
Balance Sheet | 5 |
Notes to the Financial Statements | 6 |
RMC Source Engineering Limited
Company Information
For The Year Ended 31 March 2017
Company Information
Director |
|
Company Number |
|
Registered Office | 16 Grange Park Road |
Cottingley | |
Bingley | |
West Yorkshire | |
BD16 1NP | |
Accountants |
|
Chartered Certified Accountants | |
|
|
Bradford Road | |
Cleckheaton | |
West Yorkshire | |
BD19 3TT | |
Page 1
RMC Source Engineering Limited
Company No. 08977532
Director's Report For The Year Ended 31 March 2017
Director's Report
The director presents his report and the financial statements for the year ended 31 March 2017 .
Statement of Director's Responsibilities
The director is responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
Directors
The directors who held office during the year were as follows:
|
Small Company Rules
This report has 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.
On behalf of the board
|
|
Page 2
RMC Source Engineering Limited
Accountant's Report
For The Year Ended 31 March 2017
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of RMC Source Engineering Limited For The Year Ended 31 March 2017
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of RMC Source Engineering Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of RMC Source Engineering Limited , as a body, in accordance with the terms of our engagement letter dated 31 March 2017. Our work has been undertaken solely to prepare for your approval the accounts of RMC Source Engineering Limited and state those matters that we have agreed to state to the director of RMC Source Engineering Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RMC Source Engineering Limited and its director as a body for our work or for this report.
It is your duty to ensure that RMC Source Engineering 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 or loss of RMC Source Engineering Limited . You consider that RMC Source Engineering 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 RMC Source Engineering 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 financial statements.
|
Chartered Certified Accountants
Premier House
Bradford Road
Cleckheaton
West Yorkshire
BD19 3TT
Page 3
RMC Source Engineering Limited
Dormant Profit and Loss Account Statement
For The Year Ended 31 March 2017
Dormant Profit and Loss Account Statement
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
Page 4
RMC Source Engineering Limited
Balance Sheet
As at
31 March 2017
Balance Sheet
2017 | 2016 | ||||
---|---|---|---|---|---|
Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
CURRENT ASSETS | |||||
Cash at bank and in hand |
|
|
|||
|
|
||||
Creditors: Amounts Falling Due Within One Year | 4 |
( |
( |
||
NET CURRENT ASSETS (LIABILITIES) |
( |
( |
|||
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
|||
NET ASSETS |
( |
( |
|||
CAPITAL AND RESERVES | |||||
Called up share capital | 5 |
|
|
||
Profit and loss account |
( |
( |
|||
SHAREHOLDERS' FUNDS | (6,157) | (6,157) | |||
Director's responsibilities
-
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his 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.
On behalf of the board
|
|
The notes on page 6 form part of these financial statements.
Page 5
RMC Source Engineering Limited
Notes to the Unaudited Accounts
For The Year Ended 31 March 2017
Notes to the Unaudited Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment |
|
2.
Operating Profit
The operating profit is stated after charging:
2017 | 2016 | ||
---|---|---|---|
£ | £ | ||
Director's remuneration |
|
|
|
Depreciation of tangible fixed assets |
|
|
|
4.
Creditors: Amounts Falling Due Within One Year
2017 | 2016 | ||
---|---|---|---|
£ | £ | ||
Trade creditors |
|
|
|
Corporation tax |
|
|
|
Accruals and deferred income |
|
|
|
Director's loan account |
|
|
|
|
|
||
6.
Ultimate Controlling Party
The company's ultimate controlling party is Mr Richard Chapman by virtue of his ownership of 100% of the issued share capital in the company.
7.
General Information
RMC Source Engineering Limited Registered number 08977532 is a limited by shares company incorporated in England & Wales. The Registered Office is 16 Grange Park Road, Cottingley, Bingley, West Yorkshire, BD16 1NP.
Page 6