R & S Young Management Services Limited - Accounts to registrar (filleted) - small 18.1

R & S Young Management Services Limited - Accounts to registrar (filleted) - small 18.1


IRIS Accounts Production v18.1.2.30 08227226 director 1.10.16 30.9.17 30.9.17 true false true false false true false 2504 2504 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure082272262016-09-30082272262017-09-30082272262016-10-012017-09-30082272262015-09-30082272262015-10-012016-09-30082272262016-09-3008227226ns15:EnglandWales2016-10-012017-09-3008227226ns14:PoundSterling2016-10-012017-09-3008227226ns10:Director12016-10-012017-09-3008227226ns10:PrivateLimitedCompanyLtd2016-10-012017-09-3008227226ns10:SmallEntities2016-10-012017-09-3008227226ns10:AuditExempt-NoAccountantsReport2016-10-012017-09-3008227226ns10:SmallCompaniesRegimeForDirectorsReport2016-10-012017-09-3008227226ns10:SmallCompaniesRegimeForAccounts2016-10-012017-09-3008227226ns10:FullAccounts2016-10-012017-09-3008227226ns10:Director1412016-10-012017-09-3008227226ns10:Director1412017-09-3008227226ns10:RegisteredOffice2016-10-012017-09-3008227226ns5:CurrentFinancialInstruments2017-09-3008227226ns5:CurrentFinancialInstruments2016-09-3008227226ns5:ShareCapital2017-09-3008227226ns5:ShareCapital2016-09-3008227226ns5:RetainedEarningsAccumulatedLosses2017-09-3008227226ns5:RetainedEarningsAccumulatedLosses2016-09-3008227226ns5:CostValuation2016-09-3008227226ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-09-3008227226ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-09-3008227226ns10:Director112016-09-3008227226ns10:Director112015-09-3008227226ns10:Director112016-10-012017-09-3008227226ns10:Director112015-10-012016-09-3008227226ns10:Director112017-09-3008227226ns10:Director112016-09-30


REGISTERED NUMBER: 08227226 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2017

for

R & S Young Management Services Limited

R & S Young Management Services Limited (Registered number: 08227226)






Contents of the Financial Statements
for the Year Ended 30 September 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


R & S Young Management Services Limited

Company Information
for the Year Ended 30 September 2017







DIRECTOR: Mrs S Young





REGISTERED OFFICE: 24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ





REGISTERED NUMBER: 08227226 (England and Wales)





ACCOUNTANTS: Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ

R & S Young Management Services Limited (Registered number: 08227226)

Balance Sheet
30 September 2017

30.9.17 30.9.16
Notes £    £    £    £   
FIXED ASSETS
Investments 3 3 3

CURRENT ASSETS
Debtors 4 11,979 26,490
Cash at bank 10,575 22,225
22,554 48,715
CREDITORS
Amounts falling due within one year 5 3,473 20,753
NET CURRENT ASSETS 19,081 27,962
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,084

27,965

CAPITAL AND RESERVES
Called up share capital 2 1
Retained earnings 19,082 27,964
SHAREHOLDERS' FUNDS 19,084 27,965

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 20 June 2018 and were signed by:





Mrs S Young - Director


R & S Young Management Services Limited (Registered number: 08227226)

Notes to the Financial Statements
for the Year Ended 30 September 2017

1. STATUTORY INFORMATION

R & S Young Management Services 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
The company has taken advantage of the following disclosure exemptions in preparing these financial
statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland":

- the requirements of Section 7 Statement of Cash Flows - Presentation of a Statement of Cash Flow and related
notes and disclosures;

- the requirements of Section 11 'Basic Financial Instruments' & Section 12 'Other Financial Instrument Issues' -
Carrying amounts, interest income/expense and net gains/losses for each category of financial instrument; basis
of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value
changes recognised in the profit or loss and in other comprehensive income.

- Section 33 'Related Party Disclosures' - Compensation for key management personnel.

First time adoption of FRS 102
These financial statements are the first financial statements of R & S Young Management Services Limited
prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in
the UK and Republic of Ireland' (FRS 102). The financial statements of R & S Young Management Services
Limited for the year ended 30 September 2016 were prepared in accordance with previous UK GAAP.

Some of the FRS 102 recognition, measurement, presentation and disclosure requirements and accounting policy
choices differ from previous UK GAAP. Consequently, the directors have amended certain accounting policies
to comply with FRS 102. The directors have also taken advantage of certain exemptions from the requirements
of FRS 102 permitted by FRS 102 Chapter 35 'Transition to this FRS'.

Monetary amounts in these financial statements are rounded to the nearest whole £1, except where otherwise
indicated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2016
and 30 September 2017 3
NET BOOK VALUE
At 30 September 2017 3
At 30 September 2016 3

R & S Young Management Services Limited (Registered number: 08227226)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2017

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Amounts owed by group undertakings 9,475 26,490
Other debtors 2,504 -
11,979 26,490

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Trade creditors - 1
Taxation and social security 2,693 2,482
Other creditors 780 18,270
3,473 20,753

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2017 and
30 September 2016:

30.9.17 30.9.16
£    £   
Mrs S Young and Mrs S Young
Balance outstanding at start of year - -
Amounts advanced 2,504 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,504 -

7. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

8. FIRST YEAR ADOPTION

The company transitioned to FRS 102 from previously extant UK GAAP as at 1 October 2016.

There has been no impact on the equity of the company or the profit previously reported as a result of the
transition.