RDS GLOBAL LIMITED

RDS GLOBAL LIMITED

RDS GLOBAL LIMITED - Company Information

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1 January 2017 false No description of principal activity Taxfiler 2018.5.Web 03380944business:PrivateLimitedCompanyLtd2017-01-012017-12-31 033809442016-12-31 033809442017-01-012017-12-31 03380944business:AuditExemptWithAccountantsReport2017-01-012017-12-31 03380944business:FullAccounts2017-01-012017-12-31 033809442017-12-31 03380944business:Director12017-01-012017-12-31 03380944business:Director22017-01-012017-12-31 03380944business:Director32017-01-012017-12-31 03380944business:CompanySecretary12017-01-012017-12-31 03380944business:RegisteredOffice2017-01-012017-12-31 033809442016-12-31 03380944core:WithinOneYear2017-12-31 03380944core:WithinOneYear2016-12-31 03380944core:AfterOneYear2017-12-31 03380944core:AfterOneYear2016-12-31 03380944core:ShareCapital2017-12-31 03380944core:ShareCapital2016-12-31 03380944core:RetainedEarningsAccumulatedLosses2017-12-31 03380944core:RetainedEarningsAccumulatedLosses2016-12-31 03380944business:SmallEntities2017-01-012017-12-31 03380944countries:EnglandWales2017-01-012017-12-31 03380944core:PlantMachinery2017-01-012017-12-31 03380944core:MotorVehicles2017-01-012017-12-31 03380944core:FurnitureFittings2017-01-012017-12-31 03380944core:ComputerEquipment2017-01-012017-12-31 03380944core:IntangibleAssetsOtherThanGoodwill2016-12-31 03380944core:IntangibleAssetsOtherThanGoodwill2017-01-012017-12-31 03380944core:IntangibleAssetsOtherThanGoodwill2017-12-31 03380944core:PlantMachinery2016-12-31 03380944core:FurnitureFittings2016-12-31 03380944core:ComputerEquipment2016-12-31 03380944core:PlantMachinery2017-12-31 03380944core:FurnitureFittings2017-12-31 03380944core:ComputerEquipment2017-12-31 033809442016-01-012016-12-31 iso4217:GBP xbrli:pure
Company Registration No. 03380944 (England and Wales)
RDS GLOBAL LIMITED Unaudited accounts for the year ended 31 December 2017
RDS GLOBAL LIMITED Unaudited accounts Contents
Page
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RDS GLOBAL LIMITED Company Information for the year ended 31 December 2017
Directors
A D Flinn P C Harvey R Kay
Secretary
A D Flinn
Company Number
03380944 (England and Wales)
Registered Office
CENTURY HOUSE ST. JAMES COURT FRIAR GATE DERBY DERBYSHIRE DE1 1BT ENGLAND
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RDS GLOBAL LIMITED Statement of financial position as at 31 December 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
1,024,225 
488,130 
Tangible assets
5
9,877 
14,883 
1,034,102 
503,013 
Current assets
Inventories
6
57,757 
64,618 
Debtors
7
395,568 
465,005 
Cash at bank and in hand
500 
500 
453,825 
530,123 
Creditors: amounts falling due within one year
8
(993,445)
(696,817)
Net current liabilities
(539,620)
(166,694)
Total assets less current liabilities
494,482 
336,319 
Creditors: amounts falling due after more than one year
9
(291,039)
(181,795)
Net assets
203,443 
154,524 
Capital and reserves
Called up share capital
20,100 
20,100 
Profit and loss account
183,343 
134,424 
Shareholders' funds
203,443 
154,524 
For the year ending 31 December 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 9 July 2018.
A D Flinn Director Company Registration No. 03380944
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RDS GLOBAL LIMITED Notes to the Accounts for the year ended 31 December 2017
1
Statutory information
RDS GLOBAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03380944. The registered office is CENTURY HOUSE ST. JAMES COURT, FRIAR GATE, DERBY, DERBYSHIRE, DE1 1BT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Motor vehicles
25%
Fixtures & fittings
25%
Computer equipment
25%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2017
617,285 
Additions
536,095 
At 31 December 2017
1,153,380 
Amortisation
At 1 January 2017
129,155 
At 31 December 2017
129,155 
Net book value
At 31 December 2017
1,024,225 
At 31 December 2016
488,130 
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RDS GLOBAL LIMITED Notes to the Accounts for the year ended 31 December 2017
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2017
37,497 
9,304 
395,749 
442,550 
Additions
- 
- 
731 
731 
At 31 December 2017
37,497 
9,304 
396,480 
443,281 
Depreciation
At 1 January 2017
37,179 
7,388 
383,100 
427,667 
Charge for the year
73 
457 
5,207 
5,737 
At 31 December 2017
37,252 
7,845 
388,307 
433,404 
Net book value
At 31 December 2017
245 
1,459 
8,173 
9,877 
At 31 December 2016
318 
1,916 
12,649 
14,883 
6
Inventories
2017 
2016 
£ 
£ 
Raw materials
39,305 
38,707 
Work in progress
18,452 
25,911 
57,757 
64,618 
7
Debtors
2017 
2016 
£ 
£ 
Trade debtors
184,791 
162,901 
Amounts due from group undertakings etc.
59,111 
59,111 
Accrued income and prepayments
64,090 
62,435 
Other debtors
87,576 
180,558 
395,568 
465,005 
8
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Bank loans and overdrafts
178,915 
150,912 
Trade creditors
540,861 
340,534 
Amounts owed to group undertakings and other participating interests
39,613 
39,613 
Taxes and social security
101,823 
54,647 
Other creditors
24,515 
44,813 
Accruals
107,718 
66,298 
993,445 
696,817 
9
Creditors: amounts falling due after more than one year
2017 
2016 
£ 
£ 
Bank loans
291,039 
181,795 
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RDS GLOBAL LIMITED Notes to the Accounts for the year ended 31 December 2017
10
Average number of employees
During the year the average number of employees was 31 (2016: 35).
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