Real Time Software Systems Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02873056 (England and Wales)

REAL TIME SOFTWARE SYSTEMS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R D Thomas

SECRETARY:

Mrs T A Thomas

REGISTERED OFFICE:

5 Gernon Walk

Letchworth Garden City

Hertfordshire

SG6 3HW

REGISTERED NUMBER:

02873056 (England and Wales)

ACCOUNTANTS:

Keens Shay Keens Limited

5 Gernon Walk

Letchworth Garden City

Hertfordshire

SG6 3HW

FIXED ASSETS

Tangible assets

4

-

-

CURRENT ASSETS

Debtors

5

760

1,140

Cash at bank

1,942

2,825

2,702

3,965

CREDITORS

Amounts falling due within one year

6

3,339

5,754

NET CURRENT LIABILITIES

(637

)

(1,789

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(637

)

(1,789

)

CAPITAL AND RESERVES

Called up share capital

7

1,060

1,060

Share premium

8,850

8,850

Retained earnings

(10,547

)

(11,699

)

SHAREHOLDERS' FUNDS

(637

)

(1,789

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2017 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 15th September 2018 and were signed by:

Mr R D Thomas - Director

1.	STATUTORY INFORMATION

Real Time Software Systems 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

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.

Fixtures and fittings

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1st January 2017

and 31st December 2017

3,886

DEPRECIATION

At 1st January 2017

and 31st December 2017

3,886

NET BOOK VALUE

At 31st December 2017

-

At 31st December 2016

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

760

1,140

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

1,057

2,446

Other creditors

2,282

3,308

3,339

5,754

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

1,060

Ordinary

£1

1,060

1,060