RMS COSEC ASSOCIATES LIMITED Filleted accounts for Companies House (small and micro)
RMS COSEC ASSOCIATES LIMITED Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
04148078
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Statement of Financial Position |
2018 |
2017 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Investments |
6 |
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------- |
------- |
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Current assets
Debtors |
7 |
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Investments |
8 |
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Cash at bank and in hand |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
9 |
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--------- |
--------- |
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Net current assets |
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--------- |
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Total assets less current liabilities |
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--------- |
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Net assets |
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--------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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--------- |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
20 December 2018
, and are signed on behalf of the board by:
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Director |
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Company registration number:
04148078
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Notes to the Financial Statements |
Year ended 30 April 2018
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Braid Court, Lawford Road, Chiswick, London, W4 3HS.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Motor vehicles |
- |
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Office equipment |
- |
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Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in joint ventures
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2017:
1
).
5.
Tangible assets
Motor vehicles |
Equipment |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 May 2017 |
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Additions |
– |
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-------- |
-------- |
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At 30 April 2018 |
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-------- |
-------- |
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Depreciation |
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At 1 May 2017 |
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Charge for the year |
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-------- |
-------- |
-------- |
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At 30 April 2018 |
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-------- |
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Carrying amount |
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At 30 April 2018 |
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-------- |
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-------- |
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At 30 April 2017 |
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6.
Investments
Other investments other than loans |
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£ |
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Cost |
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At 1 May 2017 and 30 April 2018 |
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------- |
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Impairment |
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At 1 May 2017 and 30 April 2018 |
– |
------- |
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Carrying amount |
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At 30 April 2018 |
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------- |
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At 30 April 2017 |
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------- |
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7.
Debtors
2018 |
2017 |
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£ |
£ |
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Trade debtors |
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Other debtors |
– |
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------- |
-------- |
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------- |
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8.
Investments
2018 |
2017 |
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£ |
£ |
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Other investments |
10,000 |
10,000 |
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9.
Creditors:
amounts falling due within one year
2018 |
2017 |
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£ |
£ |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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10.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2018 |
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Balance brought forward |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
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– |
– |
– |
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---- |
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2017 |
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Balance brought forward |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
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(
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11.
Related party transactions
No transactions with related parties were undertaken such as are required to be disclosed under FRS 102.