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R J LEVER ASSOCIATES LIMITED - Company Information

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R J Lever Associates Limited

Registered Number:05342060

For the year ended 31 March 2017

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2017

R J Lever Associates Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 March 2017

R J Lever Associates Limited

Statement of Financial Position

Registered Number :

05342060

2016

2017

Notes

Fixed assets

Property, plant and equipment

2,899

3,704

2,899

3,704

Current assets

Inventories

1,000

Trade and other receivables

18,328

14,186

3,024

Cash and cash equivalents

6,700

21,886

22,352

Trade and other payables: amounts falling due within one

year

(25,433)

(18,053)

(3,081)

3,833

Net current assets

Total assets less current liabilities

6,732

623

6,732

Net assets

623

Capital and reserves

Called up share capital

100

Retained earnings

6,632

523

6,732

623

Shareholders' funds

For the year ended 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 of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

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

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.

Mr Richard Lever Director

These financial statements were approved and authorised for issue by the Board on 11 December 2017 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2017

R J Lever Associates Limited

Notes to the Financial Statements

Statutory Information

R J Lever Associates Limited is a private limited company, limited by shares, domiciled in England and Wales,

registration number 05342060.

Registered address:

Meeson House

76 Pinfold Lane

Penkridge

Staffordshire

ST19 5AP

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

25% Reducing balance

Computer equipment

15% Reducing balance

Fixtures and fittings

Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

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For the year ended 31 March 2017

R J Lever Associates Limited

Notes to the Financial Statements Continued

2. Property, plant and equipment

Total

Computer

equipment

Fixtures and

fittings

Plant and

machinery

Cost or

valuation

At 01 April 2016

18,512

7,258

8,488

2,766

At 31 March 2017

2,766

8,488

7,258

18,512

Provision for depreciation and impairment

At 01 April 2016

14,808

6,376

7,277

1,155

Charge for year

805

220

182

403

At 31 March 2017

15,613

6,596

7,459

1,558

At 31 March 2017

Net book value

1,208

1,029

662

2,899

At 31 March 2016

1,611

1,211

882

3,704

3. Trade and other receivables

2016

2017

Trade debtors

13,674

10,927

Other debtors

512

7,401

18,328

14,186

4. Trade and other payables: amounts falling due within one year

2016

2017

Bank loans and overdraft

235

7,523

Trade creditors

476

2,237

Taxation and social security

16,429

14,940

Other creditors

913

733

18,053

25,433

5. Related party transactions

Material interests of directors

Included within creditors is an amount owed to the director. As at 31 March 2017 R.J.Lever was owed £160 (2016.

£6892 owed by the director to the company). All of the loans are made interest free and are repayable upon demand.

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