Bobby R&S Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 08832684 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2018

for

Bobby R&S Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr I Circov

SECRETARY:

Mrs L Circov

REGISTERED OFFICE:

55 Caversham Avenue

London

N13 4LL

REGISTERED NUMBER:

08832684 (England and Wales)

ACCOUNTANTS:

E Johnson & Associates

Chartered Certified Accountants

637 Green Lanes

London

N8 0RE

FIXED ASSETS

Tangible assets

4

2,589

3,451

CURRENT ASSETS

Debtors

5

12,822

5,824

Cash at bank

1,998

3,690

14,820

9,514

CREDITORS

Amounts falling due within one year

6

8,403

4,472

NET CURRENT ASSETS

6,417

5,042

TOTAL ASSETS LESS CURRENT LIABILITIES

9,006

8,493

CAPITAL AND RESERVES

Called up share capital

7

100

1

Retained earnings

8

8,906

8,492

SHAREHOLDERS' FUNDS

9,006

8,493

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director on 9 May 2018 and were signed by:

Mr I Circov - Director

1.	STATUTORY INFORMATION

Bobby R&S Ltd 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 February 2017

and 31 January 2018

4,250

470

4,720

DEPRECIATION

At 1 February 2017

1,063

206

1,269

Charge for year

796

66

862

At 31 January 2018

1,859

272

2,131

NET BOOK VALUE

At 31 January 2018

2,391

198

2,589

At 31 January 2017

3,187

264

3,451

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.18

31.1.17

£

£

Trade debtors

2,008

352

Tax recoverable

10,814

5,472

12,822

5,824

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.18

31.1.17

£

£

Trade creditors

-

(2

)

Corporation tax

5,044

842

Wages control account

1,700

1,685

VAT

-

1,509

Directors' current accounts

1,179

38

Accrued expenses

480

400

8,403

4,472

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.18

31.1.17

value:

£

£

100

Ordinary

£1

100

1

8.

RESERVES

Retained

earnings

£

At 1 February 2017

8,492

Profit for the year

20,414

Dividends

(20,000

)

At 31 January 2018

8,906

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £10,000 were paid to the director .

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr I Circov.

By virtue of being the sole director of the company and controls 50% of the ordinary share capital of the

company.