RWC Services Limited,Ltd - AccountsLtd - Accounts

RWC Services Limited,Ltd - AccountsLtd - Accounts

RWC SERVICES LIMITED - Company Information

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2016-12-01 06388820 2017-11-30 06388820 2016-12-01 2017-11-30 06388820 2016-11-30 06388820 2015-12-01 2016-11-30 06388820 uk-core:WithinOneYear 2016-11-30 06388820 uk-core:WithinOneYear 2017-11-30 06388820 uk-core:ShareCapital 2017-11-30 06388820 uk-core:ShareCapital 2016-11-30 06388820 uk-core:RetainedEarningsAccumulatedLosses 2017-11-30 06388820 uk-core:RetainedEarningsAccumulatedLosses 2016-11-30 06388820 uk-bus:Director1 2016-12-01 2017-11-30 06388820 uk-core:PlantMachinery 2016-12-01 2017-11-30 06388820 uk-core:Vehicles 2016-12-01 2017-11-30 06388820 uk-core:Vehicles 2016-11-30 06388820 uk-core:PlantMachinery 2016-11-30 06388820 uk-core:PlantMachinery 2017-11-30 06388820 uk-core:Vehicles 2017-11-30 iso4217:GBP 06388820 uk-bus:AuditExemptWithAccountantsReport 2016-12-01 2017-11-30 06388820 uk-bus:FRS102 2016-12-01 2017-11-30 06388820 uk-bus:FullAccounts 2016-12-01 2017-11-30 06388820 uk-bus:PrivateLimitedCompanyLtd 2016-12-01 2017-11-30
RWC Services Limited
Registered Number:06388820
For the year ended 30 November 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 30 November 2017
RWC Services Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
As at 30 November 2017
RWC Services Limited
Statement of Financial Position
Registered Number :
06388820
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
2,516
3,361
2
2,516
3,361
Current assets
Inventories
1,513
120
3
Trade and other receivables
2,357
419
4
3,298
Cash and cash equivalents
1,458
1,997
7,168
Trade and other payables: amounts falling due within one year
(8,551)
(3,886)
5
(1,383)
(1,889)
Net current liabilities
Total assets less current liabilities
627
1,978
(478)
(672)
Provisions for liabilities
149
Net assets
1,306
Capital and reserves
Called up share capital
1
1
Retained earnings
148
1,305
149
1,306
Shareholders' funds
For the year ended 30 November 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 30 November 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 Raymond Cubitt Director
These financial statements were approved and authorised for issue by the Board on 27 February 2018 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 30 November 2017
RWC Services Limited
Notes to the Financial Statements
Statutory Information
RWC Services Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
06388820.
Principal place of business:
9 Raynham Road
Hempton
Fakenham
Norfolk
NR21 7LN
Registered address:
49 Castle Rising Road
South Wootton
King's Lynn
Norfolk
PE30 3JA
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
25% Reducing balance
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.
2 of 4
5
For the year ended 30 November 2017
RWC Services Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor vehicles
Plant and
machinery
£
£
£
Cost or valuation
At 01 December 2016
15,446
11,697
3,749
At 30 November 2017
3,749
11,697
15,446
Provision for depreciation and impairment
At 01 December 2016
12,085
9,615
2,470
Charge for year
845
520
325
At 30 November 2017
12,930
10,135
2,795
At 30 November 2017
Net book value
954
1,562
2,516
At 30 November 2016
1,279
2,082
3,361
3. Inventories
2016
2017
£
£
Stocks
120
1,513
4. Trade and other receivables
2016
2017
£
£
Trade debtors
-
2,282
Other debtors
419
75
2,357
419
5. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Taxation and social security
1,208
1,373
Other creditors
2,678
7,178
3,886
8,551
3 of 4
6
For the year ended 30 November 2017
RWC Services Limited
Notes to the Financial Statements Continued
6. Related party transactions
Name: Ray Cubitt
Relationship: Directors
Current year: (£1,486)
Previous year: (£5,492)
Related Party Transactions
The debit movement of £4,006 is represented by drawings.
7. Average number of persons employed
During the year the average number of employees was 0
4 of 4