R T Radiophones Limited - Period Ending 2017-12-31

R T Radiophones Limited - Period Ending 2017-12-31


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Registration number: 01457893

R T Radiophones Limited

Unaudited Financial Statements

for the Year Ended 31 December 2017

 

R T Radiophones Limited

Contents

Statement of Financial Position

1

Notes to the Financial Statements

2 to 3

 

R T Radiophones Limited

(Registration number: 01457893)
Statement of Financial Position as at 31 December 2017

Note

2017
£

2016
£

Current assets

 

Debtors

3

100

24,000

Cash at bank and in hand

 

189

1,323

 

289

25,323

Creditors: Amounts falling due within one year

4

(800)

(1,600)

Net (liabilities)/assets

 

(511)

23,723

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

(611)

23,623

Total equity

 

(511)

23,723

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income Statement has been taken.

Approved and authorised by the director on 21 September 2018
 

.........................................

Mr J R Sellers
Director

 

R T Radiophones Limited

Notes to the Financial Statements for the Year Ended 31 December 2017

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Blacktoft Grange
Blacktoft Grange Road
Sandholme
Brough
East Yorkshire
HU15 2ZU
United Kingdom

These financial statements were authorised for issue by the director on 21 September 2018.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Debtors

2017
£

2016
£

Other debtors

100

24,000

100

24,000

 

R T Radiophones Limited

Notes to the Financial Statements for the Year Ended 31 December 2017

4

Creditors

Creditors: amounts falling due within one year

2017
£

2016
£

Due within one year

Accruals and deferred income

600

600

Other creditors

200

1,000

800

1,600