Rapide Business Transformation Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06976956 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2017

for

Rapide Business Transformation Limited

Page

Company Information

1

Balance Sheet

2

Chartered Accountants' Report

4

DIRECTORS:

M R Chafekar

Ms Y Qazi

REGISTERED OFFICE:

18 St. Christophers Way

Pride Park

Derby

DE24 8JY

REGISTERED NUMBER:

06976956 (England and Wales)

ACCOUNTANTS:

HSKS Greenhalgh

Chartered Accountants

18 St Christopher's Way

Pride Park

Derby

DE24 8JY

FIXED ASSETS

109

217

CURRENT ASSETS

245,138

165,371

CREDITORS

Amounts falling due within one year

(50,848

)

(14,164

)

NET CURRENT ASSETS

194,290

151,207

TOTAL ASSETS LESS CURRENT
LIABILITIES

194,399

151,424

CAPITAL AND RESERVES

194,399

151,424

NOTE TO THE FINANCIAL STATEMENTS

1.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year M R Chafekar held a loan account with the company. The amount due from the
company to M R Chafekar at the year end was £4,459 (2016: due to the company from M R Chafekar
£3,315). The total amounts advanced and repaid during the year were £29,462 and £37,236
respectively. Interest is charged on the loan on an annual basis at the HM Revenue and Customs rate
of 2.50% (2016: 3.00%). The amount owed to the company at the year end is included within creditors.

During the year Ms Y Qazi held a loan account with the company. The amount due from the company
to Ms Y Qazi at the year end was £4,374 (2016: due to the company from Ms Y Qazi £3,246). The total
amounts advanced and repaid during the year were £21,151 and £28,771 respectively. Interest is
charged on the loan on an annual basis at the HM Revenue and Customs rate of 2.50% (2016:
3.00%). The amount owed to the company at the year end is included within creditors.

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 28 September 2018 and were signed on
its behalf by:

M R Chafekar - Director

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required

to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the financial statements of Rapide Business Transformation Limited for the year ended 31 December 2017

which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting

records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Rapide Business Transformation Limited, as a body, in accordance with the terms of our engagement letter dated 24 March 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Rapide Business Transformation Limited and state those matters that we have agreed to state to the Board of Directors of Rapide Business Transformation Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rapide Business Transformation Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Rapide Business Transformation Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rapide Business Transformation Limited. You consider that Rapide Business Transformation Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Rapide Business Transformation Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HSKS Greenhalgh

Chartered Accountants

18 St Christopher's Way

Pride Park

Derby

DE24 8JY

28 September 2018

Rapide Business Transformation Limited - Accounts to registrar (filleted) - small 18.2

Rapide Business Transformation Limited - Accounts to registrar (filleted) - small 18.2