REACT Quality Management Ltd - Accounts to registrar (filleted) - small 18.2
REACT Quality Management Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JANUARY 2018 |
| FOR |
| REACT QUALITY MANAGEMENT LTD |
| REACT QUALITY MANAGEMENT LTD (REGISTERED NUMBER: 07396279) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 31 January 2018 |
| Page |
| Company Information | 1 |
| Abridged Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| REACT QUALITY MANAGEMENT LTD |
| COMPANY INFORMATION |
| for the year ended 31 January 2018 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| BANKERS: |
| 22 Bridge Street |
| Stratford-Upon-Avon |
| Warwickshire |
| CV37 6AG |
| REACT QUALITY MANAGEMENT LTD (REGISTERED NUMBER: 07396279) |
| ABRIDGED BALANCE SHEET |
| 31 January 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| REACT QUALITY MANAGEMENT LTD (REGISTERED NUMBER: 07396279) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 31 January 2018 |
| 1. | STATUTORY INFORMATION |
| REACT Quality Management Ltd is a |
| 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 |
| The principal accounting policies adopted in the preparation of the financial statements are set out below and |
| have remained unchanged from the previous year. |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party |
| transactions with wholly owned subsidiaries within the group. |
| Turnover |
| Turnover comprises the value of sales (net of value added tax) of services provided in the normal course of |
| business. Revenue is recognised in respect of service contracts when the company obtains the right to |
| consideration. |
| Tangible fixed assets |
| Plant & machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Financial instruments |
| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, |
| they are measured at amortised cost using the effective interest rate method, less impairment. |
| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at |
| transaction price. Any losses arising from impairment are recognised in the income statement. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
| balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at |
| the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| REACT QUALITY MANAGEMENT LTD (REGISTERED NUMBER: 07396279) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 January 2018 |
| 4. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1 February 2017 |
| Disposals | ( |
) |
| At 31 January 2018 |
| DEPRECIATION |
| At 1 February 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 January 2018 |
| NET BOOK VALUE |
| At 31 January 2018 |
| At 31 January 2017 |
| 5. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2018 | 2017 |
| £ | £ |
| Bank overdrafts |
| Bank loans |
| The director has provided security to the bank for these items. |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2018 | 2017 |
| value: | £ | £ |
| Ordinary | £1 | 1 | 1 |
| 7. | PENSION COMMITMENTS |
| The company operates a defined contribution pension scheme. The pension charge represents contributions due |
| from the company and amounted to £9,687 (2017 - £nil). |
| At the balance sheet date, unpaid contributions of £3,705 (2017 - £nil) were due to the fund. They are included in |
| other creditors. |
| 8. | RELATED PARTY DISCLOSURES |
| The key management are considered to be the directors, whose remuneration totalled £nil (2017 - £nil). |
| REACT QUALITY MANAGEMENT LTD (REGISTERED NUMBER: 07396279) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 January 2018 |
| 9. | ULTIMATE PARENT COMPANY |
| Trigo Western Europe (incorporated in France) is regarded by the directors as being the company's ultimate |
| parent company. The register office for the company is as follows; |
| 4 Avenue Pablo Picasso |
| Nanterre |
| Paris |
| France |
| 92000 |