Rapid Precision Services Ltd - Accounts to registrar (filleted) - small 18.2
Rapid Precision Services Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
RAPID PRECISION SERVICES LTD |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2018 |
RAPID PRECISION SERVICES LTD (REGISTERED NUMBER: 08344167) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2018 |
Page |
Company information | 1 |
Balance sheet | 2 |
Notes to the financial statements | 3 |
RAPID PRECISION SERVICES LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 JANUARY 2018 |
Director: |
Registered office: |
Business address: |
Registered number: |
Accountants: |
Chartered Accountants |
2 Tower House |
Hoddesdon |
Hertfordshire |
EN11 8UR |
RAPID PRECISION SERVICES LTD (REGISTERED NUMBER: 08344167) |
BALANCE SHEET |
31 JANUARY 2018 |
2018 | 2017 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 4 |
Current assets |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current (liabilities)/assets | ( |
) |
Total assets less current liabilities | ( |
) |
Capital and reserves |
Called up share capital | 7 |
Retained earnings | ( |
) |
Shareholders' funds | ( |
) |
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. |
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 |
RAPID PRECISION SERVICES LTD (REGISTERED NUMBER: 08344167) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2018 |
1. | Statutory information |
Rapid Precision Services 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 |
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 |
Plant and machinery etc | - |
Taxation |
Taxation for the year 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. |
3. | Employees and directors |
The average number of employees during the year was |
4. | Tangible fixed assets |
Motor |
vehicles |
£ |
Cost |
At 1 February 2017 |
and 31 January 2018 |
Depreciation |
At 1 February 2017 |
Charge for year |
At 31 January 2018 |
Net book value |
At 31 January 2018 |
At 31 January 2017 |
5. | Debtors: amounts falling due within one year |
2018 | 2017 |
£ | £ |
Trade debtors |
VAT |
RAPID PRECISION SERVICES LTD (REGISTERED NUMBER: 08344167) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 JANUARY 2018 |
6. | Creditors: amounts falling due within one year |
2018 | 2017 |
£ | £ |
Trade creditors |
Corporation tax payable |
Director's current account | 3,522 | 3,555 |
Accrued expenses |
7. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2018 | 2017 |
value: | £ | £ |
Ordinary Shares | 1 | 100 | 100 |
8. | Ultimate controlling party |
The controlling party is M J Willmot. |