R.E. & V.A. Robinson Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 01291690 (England and Wales)

R.E. & V.A. Robinson Limited

Abridged Unaudited Financial Statements for the Year Ended 31 March 2017

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

R E Robinson

K Robinson

C Robinson

REGISTERED OFFICE:

4 King Square

Bridgwater

Somerset

TA6 3YF

REGISTERED NUMBER:

01291690 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

BANKERS:

Barclays Bank plc

121 Queen Street

Cardiff

CF10 2XU

FIXED ASSETS

Tangible assets

5

445,141

456,080

Investments

6

108,302

108,302

553,443

564,382

CURRENT ASSETS

Debtors

21,008

21,010

Cash at bank

403,303

399,890

424,311

420,900

CREDITORS

Amounts falling due within one year

583,372

610,374

NET CURRENT LIABILITIES

(159,061

)

(189,474

)

TOTAL ASSETS LESS CURRENT LIABILITIES

394,382

374,908

CAPITAL AND RESERVES

Called up share capital

130

130

Share premium

750

750

Merger reserve

108,010

108,010

Retained earnings

285,492

266,018

SHAREHOLDERS' FUNDS

394,382

374,908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 1 December 2017 and were signed on its behalf by:

R E Robinson - Director

1.	STATUTORY INFORMATION

R.E. & V.A. Robinson Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

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

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about R.E. & V.A. Robinson Limited as an individual company and

do not contain consolidated financial information as the parent of a group. The company has taken the option

under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Freehold land is not depreciated.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2016 - 4 ).

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

and 31 March 2017

596,948

DEPRECIATION

At 1 April 2016

140,868

Charge for year

10,939

At 31 March 2017

151,807

NET BOOK VALUE

At 31 March 2017

445,141

At 31 March 2016

456,080

Included in cost of land and buildings is freehold land of £ 50,000 (2016 - £ 50,000 ) which is not depreciated.

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2016

and 31 March 2017

108,302

NET BOOK VALUE

At 31 March 2017

108,302

At 31 March 2016

108,302

All listed investments are listed on the International Stock Exchange, London.

7.	OTHER FINANCIAL COMMITMENTS

The company has issued guarantees in respect of bank borrowings by its subsidiaries. This guarantee is secured

by debentures over all the assets of the individual group companies and a specific charge over the company's

property at Unit 2 Polo Grounds Industrial Estate. The amount outstanding at 31 March 2017 was £574,202 (31

March 2016 £307,845).

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The

Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party

transactions with wholly owned subsidiaries within the group.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R E Robinson, Mrs V A Robinson,Miss K Robinson and C Robinson.

The above directors and R E Robinson's spouse controlled the company throughout the current and previous

period, by virtue of the fact that between them, they own all of the company's ordinary share capital.