RF Associates Limited - Accounts to registrar (filleted) - small 18.2

RF ASSOCIATES LIMITED

PREVIOUSLY KNOWN AS

ROBFOOTELEGAL LIMITED

FINANCIAL STATEMENTS FOR THE PERIOD 24TH MAY 2017 TO 31ST MAY 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R J Foote

REGISTERED OFFICE:

Flat 24 3 Cottage Road

Islington

London

N7 8TP

REGISTERED NUMBER:

10786137 (England and Wales)

ACCOUNTANTS:

Halsey & Co (Accountants) Ltd.

Chartered Certified Accountants

Registered Auditors

2 Villiers Court

40 Upper Mulgrave Road

Cheam

Surrey

SM2 7AJ

CURRENT ASSETS

Debtors

5

7,224

Cash at bank

3,262

10,486

CREDITORS

Amounts falling due within one year

6

7,133

NET CURRENT ASSETS

3,353

TOTAL ASSETS LESS CURRENT LIABILITIES

3,353

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

3,352

SHAREHOLDERS' FUNDS

3,353

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st May 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 14th September 2018 and were signed by:

R J Foote - Director

1.	STATUTORY INFORMATION

RF Associates 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Taxation

Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Prepayments and accrued income

7,224

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Tax

5,588

VAT

1,062

Directors' current accounts

227

Accrued expenses

256

7,133

7.	RELATED PARTY DISCLOSURES

During the period, total dividends of £20,300 were paid to the director .

At the balance sheet date, the company owed £227 to R Foote, the director and shareholder of the company. The

amount is interest free and repayable on demand.